Eastern Europe: Artificial Filament Tow Market 2024

Artificial Filament Tow Market Size in Eastern Europe

After two years of decline, the East European artificial filament tow market increased by X% to $X in 2022. The total consumption indicated buoyant growth 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. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Artificial Filament Tow Production in Eastern Europe

In value terms, artificial filament tow production surged to $X in 2022 estimated in export price. In general, production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Artificial Filament Tow Exports

Exports in Eastern Europe

In 2022, shipments abroad of artificial filament tow increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, artificial filament tow exports surged to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Russia (X tons) represented the main exporter of artificial filament tow, achieving X% of total exports. Poland (X tons) ranks second in terms of the total exports with an X% share, followed by Romania (X%), Lithuania (X%) and Ukraine (X%). Belarus (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to artificial filament tow exports from Russia stood at X%. At the same time, Belarus (X%), Romania (X%), Lithuania (X%), Ukraine (X%), Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Poland (X p.p.), Romania (X p.p.), Lithuania (X p.p.), Ukraine (X p.p.), Belarus (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, the largest artificial filament tow supplying countries in Eastern Europe were Russia ($X), Poland ($X) and Romania ($X), together accounting for X% of total exports.

Among the main exporting countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Artificial Filament Tow Imports

Imports in Eastern Europe

In 2022, approx. X tons of artificial filament tow were imported in Eastern Europe; with an increase of X% on the previous year's figure. The total import volume 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. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, artificial filament tow imports rose significantly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Poland (X tons), distantly followed by Russia (X tons), Romania (X tons), Lithuania (X tons), Hungary (X tons), Ukraine (X tons) and Bulgaria (X tons) were the major importers of artificial filament tow, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest artificial filament tow importing markets in Eastern Europe were Poland ($X), Romania ($X) and Russia ($X), with a combined X% share of total imports.

Among the main importing countries, Romania, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Eastern Europe stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Ukraine ($X per ton) and Poland ($X per ton), while Russia ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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