Argentina: Market for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in Argentina

The Argentinian market for other synthetic tow and staple not carded, combed or otherwise processed for spinning fell notably to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a significant decrease. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Exports from Argentina

In 2022, shipments abroad of other synthetic tow and staple not carded, combed or otherwise processed for spinning increased by X% to X tons, rising for the seventh consecutive year after two years of decline. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning fell to $X in 2022. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from Argentina, with a X% share of total exports. Moreover, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Brazil exceeded the volume sent to the second major destination, Chile (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil stood at X%.

In value terms, Brazil ($X) remains the key foreign market for other synthetic tow and staple not carded, combed or otherwise processed for spinning exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil amounted to X%.

Export Prices by Country

In 2022, the average export price for other synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, which is down by X% against the previous year. Overall, the export price saw a deep setback. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Chile totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced a decline.

Imports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Imports into Argentina

In 2022, the amount of other synthetic tow and staple not carded, combed or otherwise processed for spinning imported into Argentina shrank rapidly to X tons, with a decrease of X% compared with the previous year. In general, imports faced a precipitous decline. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning reduced rapidly to $X in 2022. Overall, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Argentina, accounting for a X% share of total imports. Moreover, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Argentina, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

The average import price for other synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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