Report Update Nov 1, 2024

CIS - Aramids Staple - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Aramids Staple Market 2024

Aramids Staple Market Size in CIS

In 2021, the CIS aramids staple market decreased by -17.7% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, recorded a strong expansion. The level of consumption peaked at $X in 2020, and then contracted dramatically in the following year.

Aramids Staple Production in CIS

In value terms, aramids staple production stood at $X in 2021 estimated in export price. In general, production saw a temperate expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 33% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Aramids Staple Exports

Exports in CIS

In 2021, after two years of decline, there was significant growth in shipments abroad of aramids staple, when their volume increased by 83% to X tons. Over the period under review, exports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 2,043%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, aramids staple exports surged to $X in 2021. In general, exports showed prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 4,600%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia represented the key exporter of aramids staple in the CIS, with the volume of exports reaching X tons, which was near 76% of total exports in 2021. It was distantly followed by Belarus (X tons), constituting a 24% share of total exports.

Russia was also the fastest-growing in terms of the aramids staple exports, with a CAGR of +20.5% from 2012 to 2021. Belarus (-8.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia increased by +55 percentage points.

In value terms, Russia ($X) emerged as the largest aramids staple supplier in the CIS, comprising 75% of total exports. The second position in the ranking was taken by Belarus ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to +19.3%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, reducing by -12.9% against the previous year. Overall, the export price, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2017 when the export price increased by 119%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+6.3%).

Aramids Staple Imports

Imports in CIS

In 2021, aramids staple imports in the CIS contracted to X tons, waning by -8.1% compared with 2020 figures. Over the period under review, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2016 when imports increased by 501%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, aramids staple imports reduced remarkably to $X in 2021. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 596% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then dropped sharply in the following year.

Imports by Country

In 2021, Russia (X tons) was the largest importer of aramids staple, creating 78% of total imports. It was distantly followed by Belarus (X tons), achieving a 22% share of total imports.

Imports into Russia increased at an average annual rate of +11.8% from 2012 to 2021. At the same time, Belarus (+62.1%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +62.1% from 2012-2021. From 2012 to 2021, the share of Belarus increased by +21 percentage points.

In value terms, Russia ($X) constitutes the largest market for imported aramids staple in the CIS, comprising 89% of total imports. The second position in the ranking was held by Belarus ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at +12.3%.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, waning by -13.4% against the previous year. In general, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 16%. The level of import peaked at $X per ton in 2020, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Russia ($X per ton), while Belarus stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aramids staple in the CIS?

Russia remains the largest aramids staple consuming country in the CIS, comprising approx. 91% of total volume. Moreover, aramids staple consumption in Russia exceeded the figures recorded by the second-largest consumer, Belarus, more than tenfold.

What are the largest producers of aramids staple in the CIS?

Tajikistan constituted the country with the largest volume of aramids staple production, comprising approx. 100% of total volume.

What are the leading suppliers of aramids staple in the CIS?

In value terms, Belarus and Russia constituted the countries with the highest levels of exports in 2020.

What are the leading importers of aramids staple in the CIS?

In value terms, Russia constitutes the largest market for imported aramids staple in the CIS, comprising 97% of total imports. The second position in the ranking was occupied by Belarus, with a 2.8% share of total imports.

What is the average export price for aramids staple in the CIS?

The aramids staple export price in the CIS stood at $22,273 per ton in 2020, increasing by 22% against the previous year.

What is the average import price for aramids staple in the CIS?

In 2020, the aramids staple import price in the CIS amounted to $22,249 per ton, surging by 10% against the previous year.

This report provides an in-depth analysis of the aramids staple market in CIS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning

Country coverage:

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023