Northern America: Synthetic Staple Fibre Market 2020

Synthetic Staple Fibre Market Size in Northern America

The revenue of the synthetic staple fibre market in Northern America amounted to $X in 2017, leveling off at the previous year. The total market indicated a tangible growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the synthetic staple fibre consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. The level of synthetic staple fibre consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Synthetic Staple Fibre Production in Northern America

The country with the largest volume of synthetic staple fibre production was the U.S. (X tons), accounting for X% of total production.

Synthetic Staple Fibre Exports in Northern America

In 2017, approx. X tons of synthetic staple fibres were exported in Northern America; jumping by X% against the previous year. The synthetic staple fibre exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, synthetic staple fibre exports stood at $X in 2017. The synthetic staple fibre exports continue to indicate a pronounced downturn. Over the period under review, the synthetic staple fibre exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Synthetic Staple Fibre Exports by Country in Northern America

The exports of the one major exporters of synthetic staple fibres, namely the U.S., represented more than two-thirds of total export.

The U.S. experienced a relatively flat trend pattern of synthetic staple fibres exports. The U.S. (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest synthetic staple fibre supplier in Northern America.

From 2007 to 2017, the average annual growth rate of value in the U.S. amounted to -X%.

Synthetic Staple Fibre Export Prices by Country in Northern America

In 2017, the synthetic staple fibre export price in Northern America amounted to $X per ton, going down by -X% against the previous year. The synthetic staple fibre export price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2010, when the export prices increased by X% y-o-y. Over the period under review, the export prices for synthetic staple fibres attained its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (-X% per year).

Synthetic Staple Fibre Imports in Northern America

The imports amounted to X tons in 2017, rising by X% against the previous year. The total imports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the synthetic staple fibre imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. Over the period under review, the synthetic staple fibre imports reached its peak figure volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, synthetic staple fibre imports totaled $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Synthetic Staple Fibre Imports by Country in Northern America

The U.S. was the major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Canada (X tons), creating X% share of total imports.

The U.S. was also the fastest growing in terms of the synthetic staple fibres imports, with a CAGR of +X% from 2007 to 2017. Canada (-X%) illustrated a downward trend over the same period. While the share of Canada (X%) increased significantly in terms of the global imports from 2007-2017, the share of the U.S. (-X%) displayed negative dynamics.

In value terms, the U.S. ($X) constitutes the largest market for imported synthetic staple fibres in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. totaled +X%.

Synthetic Staple Fibre Import Prices by Country in Northern America

The synthetic staple fibre import price in Northern America stood at $X per ton in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, an increase of X% against the previous year. Over the period under review, the import prices for synthetic staple fibres attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the U.S. ($X per ton) and Canada ($X per ton), while Canada ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

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Source: IndexBox Platform