Overview of the Global Market for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Market Size for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

The global market for other synthetic tow and staple not carded, combed or otherwise processed for spinning declined modestly to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the global market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

In value terms, production of other synthetic tow and staple not carded, combed or otherwise processed for spinning reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, global production of reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning

Exports

After five years of growth, overseas shipments of other synthetic tow and staple not carded, combed or otherwise processed for spinning decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the global exports of attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning declined to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

The shipments of the three major exporters of other synthetic tow and staple not carded, combed or otherwise processed for spinning, namely Taiwan (Chinese), China and South Korea, represented more than half of total export. Japan (X tons) took the next position in the ranking, followed by Thailand (X tons). All these countries together took approx. X% share of total exports. The following exporters - Italy (X tons), Germany (X tons), the United States (X tons), the Netherlands (X tons) and South Africa (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Italy (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest other synthetic tow and staple not carded, combed or otherwise processed for spinning supplying countries worldwide were China ($X), Japan ($X) and South Korea ($X), together comprising X% of global exports. Taiwan (Chinese), Germany, the United States, Thailand, Italy, the Netherlands and South Africa lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average export price for other synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

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

Imports

In 2022, supplies from abroad of other synthetic tow and staple not carded, combed or otherwise processed for spinning decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Global imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, global imports of reached the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

China was the largest importer of other synthetic tow and staple not carded, combed or otherwise processed for spinning in the world, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. The United States (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%), Germany (X%) and Italy (X%). The following importers - Thailand (X tons), Indonesia (X tons), Japan (X tons), Kenya (X tons), India (X tons), Tanzania (X tons), Belgium (X tons) and France (X tons) - together made up X% of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Kenya (X%), the United States (X%), Japan (X%), Tanzania (X%), India (X%), Indonesia (X%), Germany (X%), Brazil (X%), France (X%), Italy (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. From 2012 to 2022, the share of China, the United States, Kenya and Japan increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest other synthetic tow and staple not carded, combed or otherwise processed for spinning importing markets worldwide were China ($X), the United States ($X) and Germany ($X), with a combined X% share of global imports. Brazil, Italy, Thailand, Indonesia, India, Japan, Belgium, Kenya, France and Tanzania lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average import price for other synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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