Russian Federation: 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 the Russian Federation

The Russian market for polyester tow and staple, not carded, combed or otherwise processed for spinning contracted to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, posted a resilient increase. Over the period under review, the market hit record highs 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 the Russian Federation

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning fell to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of hit record highs 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 from the Russian Federation

After two years of growth, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by X% to X tons in 2022. In general, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021, and then dropped modestly in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning dropped sharply to $X in 2022. Overall, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Kazakhstan (X tons), Armenia (X tons) and Lithuania (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Russia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Armenia ($X) and Lithuania ($X) appeared to be the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Russia worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Lithuania, with a CAGR of X%, recorded 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 average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kyrgyzstan ($X per ton) and Poland ($X per ton), while the average price for exports to Moldova ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (X%), while the prices for the other major destinations experienced a decline.

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

Imports into the Russian Federation

In 2022, overseas purchases of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, total imports indicated a perceptible 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 2015 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

China (X tons), Uzbekistan (X tons) and South Korea (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Russia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Russia were China ($X), Uzbekistan ($X) and South Korea ($X), with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($X per ton) and South Korea ($X per ton), while the price for China ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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