Eastern Europe: Market for High-Tenacity Filament Yarn Of Aramids 2024

Market Size for High-Tenacity Filament Yarn Of Aramids in Eastern Europe

The East European high-tenacity filament aramids yarn market totaled $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of High-Tenacity Filament Yarn Of Aramids in Eastern Europe

In value terms, high-tenacity filament aramids yarn production expanded markedly to $X in 2022 estimated in export price. The total production indicated a strong 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Aramids

Exports in Eastern Europe

For the fourth year in a row, Eastern Europe recorded decline in shipments abroad of high-tenacity filament yarn of aramids, which decreased by X% to X tons in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, high-tenacity filament aramids yarn exports fell to $X in 2022. Total exports indicated a measured 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, exports decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the Czech Republic (X tons) was the major exporter of high-tenacity filament yarn of aramids, achieving X% of total exports. It was distantly followed by Romania (X tons) and Poland (X tons), together constituting a X% share of total exports.

The Czech Republic experienced a relatively flat trend pattern with regard to volume of exports of high-tenacity filament yarn of aramids. At the same time, Romania (X%) and Poland (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Romania (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the Czech Republic ($X), Poland ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

In terms of the main exporting countries, Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2018; however, from 2019 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 Poland ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Imports of High-Tenacity Filament Yarn Of Aramids

Imports in Eastern Europe

In 2022, the amount of high-tenacity filament yarn of aramids imported in Eastern Europe amounted to X tons, picking up by X% compared with the previous year. Total imports indicated a strong 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. Based on 2022 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, high-tenacity filament aramids yarn imports amounted to $X in 2022. Total imports indicated a resilient 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 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Poland (X tons) and the Czech Republic (X tons) prevails in imports structure, together achieving X% of total imports. Estonia (X tons) ranks next in terms of the total imports with an X% share, followed by Romania (X%) and Russia (X%). Bulgaria (X tons) and Hungary (X tons) held a little share of total imports.

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

In value terms, Poland ($X) constitutes the largest market for imported high-tenacity filament yarn of aramids in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

In Poland, high-tenacity filament aramids yarn imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Estonia (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Russia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform