CIS: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Market Size for High-Tenacity Filament Yarn Of Polyesters in CIS

The CIS high-tenacity filament polyester yarn market contracted dramatically to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Production of High-Tenacity Filament Yarn Of Polyesters in CIS

In value terms, high-tenacity filament polyester yarn production shrank to $X in 2022 estimated in export price. Overall, production recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Exports of High-Tenacity Filament Yarn Of Polyesters

Exports in CIS

In 2022, after two years of decline, there was significant growth in shipments abroad of high-tenacity filament yarn of polyesters, when their volume increased by X% to X tons. Overall, exports, however, continue to indicate a mild slump. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, high-tenacity filament polyester yarn exports surged to $X in 2022. In general, exports, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Russia (X tons), achieving an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to high-tenacity filament polyester yarn exports from Belarus stood at X%. At the same time, Russia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belarus ($X) remains the largest high-tenacity filament polyester yarn supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports in CIS

After two years of growth, supplies from abroad of high-tenacity filament yarn of polyesters decreased by X% to X tons in 2022. Over the period under review, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, high-tenacity filament polyester yarn imports declined remarkably to $X in 2022. Total imports indicated temperate 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

Russia prevails in imports structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Belarus (X tons), constituting an X% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to high-tenacity filament polyester yarn imports into Russia stood at X%. At the same time, Tajikistan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Tajikistan increased by X percentage points.

In value terms, Russia ($X) constitutes the largest market for imported high-tenacity filament yarn of polyesters in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Tajikistan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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