Asia-Pacific: 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 Asia-Pacific

The Asia-Pacific market for polyester tow and staple, not carded, combed or otherwise processed for spinning dropped to $X in 2022, which is down by -1.5% against the previous year. The total consumption indicated notable growth 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 increased by +4.5% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

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

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning dropped modestly to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 30%. Over the period under review, production of attained the maximum level 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 in Asia-Pacific

In 2022, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning in Asia-Pacific shrank to X tons, declining by -12.8% on the year before. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 11% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning declined slightly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X tons), distantly followed by South Korea (X tons), Thailand (X tons), India (X tons), Taiwan (Chinese) (X tons), Vietnam (X tons) and Indonesia (X tons) represented the major exporters of polyester tow and staple, not carded, combed or otherwise processed for spinning, together committing 96% 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 Vietnam (with a CAGR of +11.4%), while 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 supplying countries in Asia-Pacific were China ($X), South Korea ($X) and Taiwan (Chinese) ($X), with a combined 64% share of total exports. Thailand, India, Vietnam and Indonesia lagged somewhat behind, together accounting for a further 31%.

Vietnam, with a CAGR of +9.2%, saw 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 leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, picking up by 13% against the previous year. Overall, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 17%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Taiwan (Chinese) ($X per ton) and Indonesia ($X per ton), while China ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.5%), while the other leaders experienced a decline in the export price figures.

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

Imports in Asia-Pacific

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were imported in Asia-Pacific; waning by -22.2% compared with 2021. Total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.3% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 11% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning fell significantly to $X in 2022. Overall, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the ten major importers of polyester tow and staple, not carded, combed or otherwise processed for spinning, namely Vietnam, Pakistan, Bangladesh, Indonesia, China, India, Japan, Thailand, Nepal and Australia, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of +20.3%), 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 importing markets in Asia-Pacific were Vietnam ($X), Pakistan ($X) and Bangladesh ($X), together accounting for 44% of total imports. India, China, Indonesia, Japan, Thailand, Nepal and Australia lagged somewhat behind, together comprising a further 47%.

Nepal, with a CAGR of +15.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, surging by 7.5% against the previous year. In general, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by 19%. The level of import 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 importing countries. In 2022, major importing countries recorded the following prices: in Australia ($X per ton) and Japan ($X per ton), while Pakistan ($X per ton) and Nepal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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