CIS: 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 CIS

The CIS market for polyester tow and staple, not carded, combed or otherwise processed for spinning dropped to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, continues to indicate a resilient increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in CIS

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant increase. 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 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports in CIS

In 2022, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X in 2022. In general, exports, however, showed a tangible increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Belarus (X tons) represented the largest exporter of polyester tow and staple, not carded, combed or otherwise processed for spinning, generating X% of total exports. Uzbekistan (X tons) took the second position in the ranking, distantly followed by Russia (X tons). All these countries together took near X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Uzbekistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) remains the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

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

Imports in CIS

In 2022, after six years of growth, there was decline in purchases abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning, when their volume decreased by X% to X tons. Over the period under review, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning reduced modestly to $X in 2022. Total imports indicated a modest increase 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 most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Russia dominates spinning structure, finishing at X tons, which was near X% of total imports in 2022. Uzbekistan (X tons) took the second position in the ranking, followed by Belarus (X tons). All these countries together took near X% share of total imports. Kazakhstan (X tons), Kyrgyzstan (X tons) and Azerbaijan (X tons) took a relatively small share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Uzbekistan (X%), Kazakhstan (X%), Azerbaijan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.), Kyrgyzstan (X p.p.), Kazakhstan (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported polyester tow and staple, not carded, combed or otherwise processed for spinning in the CIS, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

In Russia, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :