Czech Republic: Market for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in the Czech Republic

The Czech market for other synthetic tow and staple not carded, combed or otherwise processed for spinning shrank to $X in 2021, waning by -5.8% against the previous year. The market value increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in the Czech Republic

In value terms, production of other synthetic tow and staple not carded, combed or otherwise processed for spinning shrank to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +11.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 60%. Production of peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

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

Exports from the Czech Republic

In 2021, the amount of other synthetic tow and staple not carded, combed or otherwise processed for spinning exported from the Czech Republic skyrocketed to X tons, jumping by 96% on the previous year. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 501% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 292% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from the Czech Republic, with a 72% share of total exports. Moreover, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Poland exceeded the volume sent to the second major destination, Finland (X tons), fourfold. Sweden (X tons) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume to Poland amounted to +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+45.2% per year) and Sweden (+35.3% per year).

In value terms, Poland ($X) emerged as the key foreign market for other synthetic tow and staple not carded, combed or otherwise processed for spinning exports from the Czech Republic, comprising 46% of total exports. The second position in the ranking was held by Finland ($X), with an 11% share of total exports. It was followed by Sweden, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Poland stood at +20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+128.8% per year) and Sweden (+8.4% per year).

Export Prices by Country

In 2021, the average export price for other synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, with a decrease of -26.7% against the previous year. Overall, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 259%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+57.6%), while the prices for the other major destinations experienced a decline.

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

Imports into the Czech Republic

In 2021, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning into the Czech Republic soared to X tons, surging by 47% compared with 2020. Over the period under review, imports, however, continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2015 when imports increased by 49% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning surged to $X in 2021. Overall, imports, however, saw a deep reduction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest other synthetic tow and staple not carded, combed or otherwise processed for spinning supplier to the Czech Republic, with a 80% share of total imports. Moreover, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), tenfold. The third position in this ranking was held by Spain (X tons), with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+124.3% per year) and Spain (+35.5% per year).

In value terms, China ($X) constituted the largest supplier of other synthetic tow and staple not carded, combed or otherwise processed for spinning to the Czech Republic, comprising 78% of total imports. The second position in the ranking was held by Poland ($X), with a 7.1% share of total imports. It was followed by Spain, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+112.6% per year) and Spain (+42.0% per year).

Import Prices by Country

The average import price for other synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, surging by 4% against the previous year. In general, the import price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 14% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :