CIS: Acrylic Staple Market 2020

Acrylic Staple Market Size in CIS

The revenue of the acrylic staple market in CIS amounted to $X in 2017, flattening at the previous year. The acrylic staple consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when market value increased by X% year-to-year. The level of acrylic staple consumption peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Acrylic Staple Production in CIS

In 2017, production of acrylic tow and staple in CIS totaled X tons, waning by -X% against the previous year. The acrylic staple production continues to indicate a slight setback. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Over the period under review, the acrylic staple production attained its maximum volume of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Acrylic Staple Exports in CIS

In 2017, the amount of acrylic tow and staple exported in CIS amounted to X tons, picking up by X% against the previous year. The acrylic staple exports continue to indicate a measured decline. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. In that year, the acrylic staple exports reached their peak volume of X tons. From 2011 to 2017, growth of the acrylic staple exports stood at a somewhat lower level.

In value terms, acrylic staple exports totaled $X in 2017. The acrylic staple exports continue to indicate a pronounced descent. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Acrylic Staple Exports by Country in CIS

Belarus dominates acrylic staple exports structure, finishing at X tons, which was approx. X% of total exports in 2017. Russia (X tons) occupied the mild share of total exports.

From 2007 to 2017, average annual rates of growth with regard to acrylic staple exports from Belarus stood at -X%. At the same time, Russia (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. While the share of Belarus (X%) increased significantly in terms of the global exports from 2007-2017, the share of Russia (-X%) displayed negative dynamics.

In value terms, Belarus ($X) remains the largest acrylic staple supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports.

In Belarus, acrylic staple exports contracted by an average annual rate of -X% over the period from 2007-2017.

Acrylic Staple Export Prices by Country in CIS

The acrylic staple export price in CIS stood at $X per ton in 2017, coming down by -X% against the previous year. The acrylic staple export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Russia ($X per ton) and Belarus ($X per ton), while Belarus ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (+X% per year).

Acrylic Staple Imports in CIS

In 2017, the amount of acrylic tow and staple imported in CIS totaled X tons, going up by X% against the previous year. The acrylic staple imports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, acrylic staple imports stood at $X in 2017. The acrylic staple imports continue to indicate a remarkable growth. Over the period under review, the acrylic staple imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Acrylic Staple Imports by Country in CIS

Russia dominates acrylic staple imports structure, reaching X tons, which was near X% of total imports in 2017. It was distantly followed by Belarus (X tons), comprising X% share of total imports. Kazakhstan (X tons) held the mild share of total imports.

Imports into Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Kazakhstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Kazakhstan (-X%), Belarus (-X%) and Russia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported acrylic tow and staple in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Kazakhstan (+X% per year).

Acrylic Staple Import Prices by Country in CIS

The acrylic staple import price in CIS stood at $X per ton in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the import prices increased by X% year-to-year. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform