Central Asia: Artificial Filament Tow Market 2024

Artificial Filament Tow Market Size in Central Asia

In 2022, the Central Asian artificial filament tow market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, showed a noticeable slump. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Artificial Filament Tow Production in Central Asia

In value terms, artificial filament tow production contracted significantly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Artificial Filament Tow Exports

Exports in Central Asia

Artificial filament tow exports surged to X tons in 2022, growing by X% compared with the previous year. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, artificial filament tow exports surged to $X in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Kazakhstan represented the largest exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Uzbekistan (X tons), constituting a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the artificial filament tow exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points.

In value terms, Kazakhstan ($X) remains the largest artificial filament tow supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, saw a deep contraction. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Artificial Filament Tow Imports

Imports in Central Asia

In 2022, purchases abroad of artificial filament tow increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, artificial filament tow imports soared to $X in 2022. Over the period under review, imports, however, recorded a perceptible reduction. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan was the key importer of artificial filament tow in Central Asia, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Uzbekistan (X tons), comprising a X% share of total imports. Mongolia (X tons) held a relatively small share of total imports.

Kazakhstan was also the fastest-growing in terms of the artificial filament tow imports, with a CAGR of X% from 2012 to 2022. Mongolia (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Kazakhstan, with a CAGR of X%, recorded 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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