Central Asia: Polyester Staple Market 2020

Polyester Staple Exports in Central Asia

In 2017, polyester staple exports in Central Asia totaled X tons, jumping by X% against the previous year. The polyester staple exports continue to indicate an abrupt shrinkage. The growth pace was the most rapid in 2016, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, polyester staple exports amounted to $X in 2017. The polyester staple exports continue to indicate an abrupt drop. Over the period under review, the polyester staple exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Polyester Staple Exports by Country in Central Asia

Mongolia represented the key exporter of polyester tow and staple in Central Asia, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2017. Kazakhstan (X tons) ranks second in terms of the global exports with a X% share, followed by Kyrgyzstan (X%).

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

In value terms, Mongolia ($X) remains the largest polyester staple supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Kyrgyzstan, with a X% share.

In Mongolia, polyester staple exports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Kyrgyzstan (+X% per year).

Polyester Staple Export Prices by Country in Central Asia

The polyester staple export price in Central Asia stood at $X per ton in 2017, declining by -X% against the previous year. The polyester staple export price continues to indicate a temperate slump. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. In that year, the export prices for polyester tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for polyester tow and staple failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mongolia ($X per ton), while Kyrgyzstan ($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 Mongolia (-X% per year), while the other leaders experienced a decline in the export price figures.

Polyester Staple Imports in Central Asia

In 2017, approx. X tons of polyester tow and staple were imported in Central Asia; jumping by X% against the previous year. The polyester staple imports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2016, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, polyester staple imports totaled $X in 2017. The polyester staple imports continue to indicate a strong increase. Over the period under review, the polyester staple imports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Polyester Staple Imports by Country in Central Asia

Kazakhstan represented the key importer of polyester tow and staple in Central Asia, with the volume of imports recording X tons, which was near X% of total imports in 2017. It was distantly followed by Kyrgyzstan (X tons), constituting X% share of total imports. Mongolia (X tons) followed a long way behind the leaders.

Kazakhstan was also the fastest growing in terms of the polyester tow and staple imports, with a CAGR of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Mongolia experienced a relatively flat trend pattern. From 2007 to 2017, the share of Kyrgyzstan and Kazakhstan decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported polyester tow and staple in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports. It was followed by Mongolia, with a X% share.

In Kazakhstan, polyester staple imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kyrgyzstan (+X% per year) and Mongolia (+X% per year).

Polyester Staple Import Prices by Country in Central Asia

The polyester staple import price in Central Asia stood at $X per ton in 2017, going up by X% against the previous year. The polyester staple import price continues to indicate a measured shrinkage. The pace of growth appeared the most rapid in 2011, when the import prices increased by X% y-o-y. In that year, the import prices for polyester tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for polyester 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 Mongolia ($X per ton), while Kyrgyzstan ($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 Mongolia (+X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform