CIS: Artificial Filament Tow Market 2024

Artificial Filament Tow Market Size in CIS

In 2022, the CIS artificial filament tow market decreased by X% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Artificial Filament Tow Production in CIS

In value terms, artificial filament tow production stood at $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Artificial Filament Tow Exports

Exports in CIS

In 2022, overseas shipments of artificial filament tow were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports saw prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, artificial filament tow exports skyrocketed to $X in 2022. Over the period under review, exports showed temperate growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Belarus (X tons), making up a X% share of total exports. Kazakhstan (X tons) took a relatively small share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

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

In Russia, artificial filament tow exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, reducing by X% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Artificial Filament Tow Imports

Imports in CIS

In 2022, approx. X tons of artificial filament tow were imported in the CIS; which is down by X% on the year before. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, artificial filament tow imports reduced to $X in 2022. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia was the main importer of artificial filament tow in the CIS, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Belarus (X tons) ranks second in terms of the total imports with a X% share, followed by Kazakhstan (X%). Armenia (X tons) and Uzbekistan (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to artificial filament tow imports into Russia stood at X%. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Armenia (X%), Kazakhstan (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belarus and Uzbekistan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported artificial filament tow in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Russia ($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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