Asia: Polypropylene Synthetic Staple Market 2020

Polypropylene Synthetic Staple Market Size in Asia

The revenue of the polypropylene synthetic staple market in Asia amounted to $X in 2017, picking up by X% against the previous year. The polypropylene synthetic staple consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when market value increased by X% y-o-y. In that year, the polypropylene synthetic staple market reached their peak level of $X. From 2012 to 2017, growth of the polypropylene synthetic staple market failed to regain its momentum.

Polypropylene Synthetic Staple Production in Asia

The polypropylene synthetic staple production amounted to X tons in 2017, approximately reflecting the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. Over the period under review, the polypropylene synthetic staple production reached its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Polypropylene Synthetic Staple Exports in Asia

The exports amounted to X tons in 2017, stabilizing at the previous year. The total exports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the polypropylene synthetic staple exports increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. Over the period under review, the polypropylene synthetic staple exports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, polypropylene synthetic staple exports stood at $X in 2017. The total exports indicated a temperate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the polypropylene synthetic staple exports reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Polypropylene Synthetic Staple Exports by Country in Asia

China (X tons) and South Korea (X tons) represented the major exporters of polypropylene synthetic tow and staple in 2017, resulting at near X% and X% of total exports, respectively. Taiwan, Chinese (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by India (X%) and Thailand (X%). The following exporters - Indonesia (X tons) and Japan (X tons) each reached a X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Taiwan, Chinese ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

In terms of the main exporting countries , China (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Polypropylene Synthetic Staple Export Prices by Country in Asia

In 2017, the polypropylene synthetic staple export price in Asia amounted to $X per ton, going up by X% against the previous year. The polypropylene synthetic staple export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% year-to-year. In that year, the export prices for polypropylene synthetic tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for polypropylene synthetic tow and staple stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced a decline in the export price figures.

Polypropylene Synthetic Staple Imports in Asia

In 2017, imports of polypropylene synthetic tow and staple in Asia amounted to X tons, remaining relatively unchanged against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, the polypropylene synthetic staple imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, polypropylene synthetic staple imports totaled $X in 2017. The total imports indicated a mild growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the polypropylene synthetic staple imports decreased by -X% against 2011 indices. Over the period under review, the polypropylene synthetic staple imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Polypropylene Synthetic Staple Imports by Country in Asia

The imports of the three major importers of polypropylene synthetic tow and staple, namely China, Turkey and Indonesia, represented more than third of total import. Vietnam (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by India (X%), Pakistan (X%), Bangladesh (X%), Japan (X%) and Iran (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest polypropylene synthetic staple markets worldwide were China ($X), Turkey ($X) and Indonesia ($X), with a combined X% share of total imports. These countries were followed by Vietnam, India, Iran, Japan, Pakistan and Bangladesh, which together accounted for a further X%.

Among the main importing countries , India (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Polypropylene Synthetic Staple Import Prices by Country in Asia

The polypropylene synthetic staple import price in Asia stood at $X per ton in 2017, rising by X% against the previous year. The polypropylene synthetic staple import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. In that year, the import prices for polypropylene synthetic tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for polypropylene synthetic tow and staple stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform