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

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

The Argentinian market for polyester tow and staple, not carded, combed or otherwise processed for spinning expanded modestly to $X in 2022, increasing 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). In general, consumption, however, showed a measured expansion. Consumption of peaked in 2022 and is likely to continue growth in years to come.

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

Exports from Argentina

In 2022, overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning expanded significantly to $X in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Argentina, accounting for a X% share of total exports. Moreover, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Brazil exceeded the volume sent to the second major destination, Paraguay (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Angola (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Paraguay (X% per year).

Export Prices by Country

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a drastic downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

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

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

Imports into Argentina

In 2022, overseas purchases of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning rose notably to $X in 2022. Overall, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), South Korea (X tons) and India (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Argentina, together comprising X% of total imports. Brazil, Taiwan (Chinese), Vietnam and Thailand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Argentina were China ($X), South Korea ($X) and India ($X), together accounting for X% of total imports. Brazil, Taiwan (Chinese), Thailand and Vietnam lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) and China ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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