CIS: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2025

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in CIS

The CIS market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, saw a deep contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in CIS

In value terms, production of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt decline. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports in CIS

In 2021, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning in the CIS skyrocketed to X tons, rising by 77% on 2020 figures. Overall, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021. Over the period under review, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia prevails in spinning structure, finishing at X tons, which was near 95% of total exports in 2021. The following exporters - Belarus (X tons) and Azerbaijan (X tons) - each finished at a 4.6% share of total exports.

Exports from Russia increased at an average annual rate of +31.5% from 2012 to 2021. At the same time, Belarus (+33.3%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +33.3% from 2012-2021. By contrast, Azerbaijan (-27.3%) illustrated a downward trend over the same period. Russia (+77 p.p.) and Belarus (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Azerbaijan saw its share reduced by -79.8% from 2012 to 2021, respectively.

In value terms, Russia ($X) remains the largest polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning supplier in the CIS, comprising 91% of total exports. The second position in the ranking was taken by Belarus ($X), with a 4.7% share of total exports.

In Russia, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning expanded at an average annual rate of +22.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+30.5% per year) and Azerbaijan (-21.2% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, growing by 9.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2018 an increase of 20%. Over the period under review, the export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+8.4%), while the other leaders experienced a decline in the export price figures.

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports in CIS

In 2021, overseas purchases of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 51% to X tons, rising for the fifth year in a row after two years of decline. Overall, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 64% against the previous year. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021. In general, imports enjoyed strong growth. The growth pace was the most rapid in 2018 when imports increased by 80%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Belarus (X tons) represented the major importer of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning, achieving 57% of total imports. Russia (X tons) took the second position in the ranking, distantly followed by Uzbekistan (X tons) and Kazakhstan (X tons). All these countries together took approx. 38% share of total imports. Moldova (X tons) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning imports into Belarus stood at +28.9%. At the same time, Uzbekistan (+69.4%), Kazakhstan (+20.1%) and Moldova (+15.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +69.4% from 2012-2021. By contrast, Russia (-3.8%) illustrated a downward trend over the same period. While the share of Belarus (+41 p.p.), Uzbekistan (+9.8 p.p.) and Kazakhstan (+4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-56.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X), Russia ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 84% share of total imports. Uzbekistan and Moldova lagged somewhat behind, together accounting for a further 12%.

In terms of the main importing countries, Uzbekistan, with a CAGR of +63.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, increasing by 17% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Moldova ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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