Eastern Europe: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Eastern Europe

In 2022, the East European high-tenacity filament nylon yarn market increased by 16% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Eastern Europe

In value terms, high-tenacity filament nylon yarn production reached $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 24%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports in Eastern Europe

In 2022, approx. X tons of high-tenacity filament yarn of nylon or other polyamides were exported in Eastern Europe; with a decrease of -25.4% on 2021 figures. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of X tons, and then fell sharply in the following year.

In value terms, high-tenacity filament nylon yarn exports dropped to $X in 2022. Total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 60% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Slovakia (X tons), Russia (X tons), Belarus (X tons) and Latvia (X tons) represented roughly 91% of total exports in 2022. It was distantly followed by Poland (X tons), committing a 5.9% share of total exports. The Czech Republic (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +18.0%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the largest high-tenacity filament nylon yarn supplier in Eastern Europe, comprising 39% of total exports. The second position in the ranking was taken by Latvia ($X), with a 17% share of total exports. It was followed by Belarus, with a 16% share.

In Slovakia, high-tenacity filament nylon yarn exports expanded at an average annual rate of +1.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Latvia (+5.0% per year) and Belarus (-4.1% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, picking up by 33% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, high-tenacity filament nylon yarn export price increased by +69.6% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.2%), while the other leaders experienced more modest paces of growth.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports in Eastern Europe

In 2022, imports of high-tenacity filament yarn of nylon or other polyamides in Eastern Europe dropped to X tons, remaining constant against 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn imports soared to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the Czech Republic (X tons), distantly followed by Romania (X tons), Hungary (X tons), Poland (X tons), Belarus (X tons) and Russia (X tons) were the main importers of high-tenacity filament yarn of nylon or other polyamides, together making up 93% of total imports. Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Romania ($X) and Hungary ($X) constituted the countries with the highest levels of imports in 2022, with a combined 72% share of total imports. Poland, Belarus, Russia and Lithuania lagged somewhat behind, together accounting for a further 25%.

In terms of the main importing countries, Poland, with a CAGR of +9.6%, 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, rising by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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