Central Asia: Market for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning 2025

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

The Central Asian market for other synthetic tow and staple not carded, combed or otherwise processed for spinning declined to $X in 2021, waning by -8.9% against the previous year. Over the period under review, consumption saw a slight decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

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

In value terms, production of other synthetic tow and staple not carded, combed or otherwise processed for spinning contracted to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible reduction. The growth pace was the most rapid in 2013 when the production volume increased by 22%. As a result, production attained the peak level of $X. From 2014 to 2021, production of growth failed to regain momentum.

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

Exports in Central Asia

In 2020, approx. X tons of other synthetic tow and staple not carded, combed or otherwise processed for spinning were exported in Central Asia; picking up by 687% against the previous year. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning surged to $X in 2020. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of other synthetic tow and staple not carded, combed or otherwise processed for spinning, namely Uzbekistan, represented more than two-thirds of total export.

Uzbekistan was also the fastest-growing in terms of the other synthetic tow and staple not carded, combed or otherwise processed for spinning exports, with a CAGR of +72.2% from 2012 to 2020. From 2012 to 2020, the share of Uzbekistan increased by +99 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) also remains the largest other synthetic tow and staple not carded, combed or otherwise processed for spinning supplier in Central Asia.

In Uzbekistan, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning expanded at an average annual rate of +31.7% over the period from 2012-2020.

Export Prices by Country

In 2020, the export price in Central Asia amounted to $X per ton, dropping by -39.2% against the previous year. Over the period under review, the export price, however, recorded significant growth. The pace of growth was the most pronounced in 2013 an increase of 3,563% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2020, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2012 to 2020, the rate of growth in terms of prices for Uzbekistan amounted to -23.5% per year.

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

Imports in Central Asia

In 2021, purchases abroad of other synthetic tow and staple not carded, combed or otherwise processed for spinning decreased by -28% to X tons for the first time since 2015, thus ending a five-year rising trend. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 660%. Over the period under review, imports of hit record highs at X tons in 2020, and then contracted remarkably in the following year.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning reduced rapidly to $X in 2021. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 823%. The level of import peaked at $X in 2020, and then declined significantly in the following year.

Imports by Country

Uzbekistan dominates spinning structure, resulting at X tons, which was approx. 93% of total imports in 2021. Kazakhstan (X tons) and Mongolia (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to other synthetic tow and staple not carded, combed or otherwise processed for spinning imports into Uzbekistan stood at +21.0%. At the same time, Mongolia (+27.8%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +27.8% from 2012-2021. By contrast, Kazakhstan (-1.5%) illustrated a downward trend over the same period. While the share of Uzbekistan (+93 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-62.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) constitutes the largest market for imported other synthetic tow and staple not carded, combed or otherwise processed for spinning in Central Asia, comprising 90% of total imports. The second position in the ranking was taken by Mongolia ($X), with a 5.1% share of total imports.

In Uzbekistan, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning expanded at an average annual rate of +13.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mongolia (+31.5% per year) and Kazakhstan (-8.3% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, shrinking by -11.8% against the previous year. In general, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 21%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mongolia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+2.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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