EU: Polyester Staple Market 2020

Polyester Staple Market Size in the EU

The revenue of the polyester staple market in the European Union amounted to $X in 2017, coming up by X% against the previous year. The polyester staple consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when market value increased by X% against the previous year. The level of polyester staple consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Polyester Staple Production in the EU

In 2017, approx. X tons of polyester tow and staple were produced in the European Union; remaining relatively unchanged against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. The volume of polyester staple production peaked in 2017, and is likely to see steady growth in the immediate term.

Polyester Staple Exports in the EU

In 2017, approx. X tons of polyester tow and staple were exported in the European Union; going down by -X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the polyester staple exports attained its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, polyester staple exports totaled $X in 2017. The polyester staple exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Polyester Staple Exports by Country in the EU

Belgium was the largest exporting country with an export of about X tons, which recorded X% of total exports. Ireland (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Romania (X%), Spain (X%), the Czech Republic (X%), the UK (X%) and Austria (X%). Germany (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to polyester staple exports from Belgium stood at +X%. At the same time, Austria (+X%), Romania (+X%), the Czech Republic (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Ireland experienced a relatively flat trend pattern. By contrast, Spain (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Germany increased by X% percentage points, while the Czech Republic (-X%), Austria (-X%), Romania (-X%) and Belgium (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest polyester staple supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Ireland ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In Belgium, polyester staple exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Ireland (+X% per year) and Germany (-X% per year).

Polyester Staple Export Prices by Country in the EU

The polyester staple export price in the European Union stood at $X per ton in 2017, surging by X% against the previous year. The polyester staple export price continues to indicate a slight deduction. The pace of growth was the most pronounced in 2011, when the export prices increased by X% against the previous 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 stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Germany ($X per ton), while Romania ($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 Germany (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Polyester Staple Imports in the EU

In 2017, the amount of polyester tow and staple imported in the European Union amounted to X tons, approximately mirroring the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when imports increased by X% y-o-y. The volume of imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, polyester staple imports stood at $X in 2017. The polyester staple imports continue to indicate a relatively flat trend pattern. Over the period under review, the polyester staple imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Polyester Staple Imports by Country in the EU

In 2017, Germany (X tons), distantly followed by Italy (X tons), the UK (X tons), Spain (X tons), France (X tons), Poland (X tons) and Belgium (X tons) were the key importers of polyester tow and staple, together mixed up X% of total imports. The Netherlands (X tons), the Czech Republic (X tons), Slovakia (X tons), Romania (X tons) and Bulgaria (X tons) held the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Slovakia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest polyester staple markets worldwide were Germany ($X), Italy ($X) and Spain ($X), with a combined X% share of total imports. The UK, France, Belgium, the Netherlands, Poland, the Czech Republic, Slovakia, Romania and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Slovakia (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Polyester Staple Import Prices by Country in the EU

In 2017, the polyester staple import price in the European Union amounted to $X per ton, rising by X% against the previous year. The polyester staple import price continues to indicate a moderate decrease. The growth pace was the most rapid in 2011, an increase of X% against the previous year. In that year, the import prices for polyester tow and staple attained 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 the Netherlands ($X per ton), while Poland ($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 Spain (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform