Algeria: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Algeria

The Algerian market for polyester tow and staple, not carded, combed or otherwise processed for spinning reached $X in 2022, approximately equating the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.6% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Algeria

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 29% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports from Algeria

In 2022, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning increased by 15% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 12,177%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning surged to $X in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 14,523% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Poland (X tons), the Netherlands (X tons) and Greece (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Algeria, with a combined 58% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +198.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Algeria were Poland ($X), the Netherlands ($X) and Greece ($X), together comprising 60% of total exports.

Greece, with a CAGR of +201.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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, remaining relatively unchanged against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Algeria

In 2022, overseas purchases of polyester tow and staple, not carded, combed or otherwise processed for spinning increased by 15% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2018 with an increase of 26%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning skyrocketed to $X in 2022. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 67% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier to Algeria, with a 30% share of total imports. Moreover, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+25.0% per year) and Taiwan (Chinese) (-3.7% per year).

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Algeria were China ($X), the United Arab Emirates ($X) and India ($X), with a combined 47% share of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +44.8%, recorded the highest rates of growth with regard to the value of imports, 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, standing approx. at the previous year. In general, the import price, however, saw a mild slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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