CIS: Synthetic Filament Tow Market 2024

Synthetic Filament Tow Market Size in CIS

The CIS synthetic filament tow market contracted to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Synthetic Filament Tow Production in CIS

In value terms, synthetic filament tow production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of 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.

Synthetic Filament Tow Exports

Exports in CIS

In 2022, overseas shipments of synthetic filament tow and staple fibers, not carded or combed decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, synthetic filament tow exports rose sharply to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Belarus (X tons) represented the main exporter of synthetic filament tow and staple fibers, not carded or combed, comprising X% of total exports. It was distantly followed by Uzbekistan (X tons), making up a X% share of total exports. Russia (X tons) took a little share of total exports.

Exports from Belarus decreased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest synthetic filament tow supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, recorded a mild shrinkage. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Russia ($X per ton), while Uzbekistan ($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 more modest paces of growth.

Synthetic Filament Tow Imports

Imports in CIS

In 2022, after six years of growth, there was significant decline in purchases abroad of synthetic filament tow and staple fibers, not carded or combed, when their volume decreased by X% to X tons. Total imports indicated a slight expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell significantly in the following year.

In value terms, synthetic filament tow imports dropped rapidly to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

In 2022, Russia (X tons) represented the key importer of synthetic filament tow and staple fibers, not carded or combed, creating X% of total imports. Uzbekistan (X tons) ranks second in terms of the total imports with a X% share, followed by Belarus (X%). Kazakhstan (X tons), Kyrgyzstan (X tons) and Azerbaijan (X tons) took a little share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Kyrgyzstan (X%), Azerbaijan (X%), Kazakhstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan 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 Uzbekistan, Belarus, Kazakhstan, Kyrgyzstan and Azerbaijan increased by X, X, X, X and X percentage points, respectively.

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

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

The import price in the CIS stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. 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 2013; however, from 2014 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 Uzbekistan ($X per ton), while Kyrgyzstan ($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 a decline in the import price figures.

Source: IndexBox Platform

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