Eastern Europe: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Market Size for High-Tenacity Filament Yarn Of Polyesters in Eastern Europe

In 2021, the East European high-tenacity filament polyester yarn market increased by 24% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption recorded modest growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of High-Tenacity Filament Yarn Of Polyesters in Eastern Europe

In value terms, high-tenacity filament polyester yarn production totaled $X in 2021 estimated in export price. Over the period under review, production saw a pronounced descent. The pace of growth appeared the most rapid in 2016 with an increase of 6.6%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports in Eastern Europe

In 2021, overseas shipments of high-tenacity filament yarn of polyesters were finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by 14% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament polyester yarn exports surged to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) and Belarus (X tons) dominates exports structure, together committing 86% of total exports. It was distantly followed by the Czech Republic (X tons), creating a 6.7% share of total exports. The following exporters - Poland (X tons) and Romania (X tons) - together made up 5.8% of total exports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +18.1%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Slovakia ($X), Belarus ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2021, together comprising 85% of total exports.

Slovakia, with a CAGR of +14.4%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, jumping by 21% against the previous year. Overall, the export price, however, saw a mild contraction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports in Eastern Europe

In 2021, supplies from abroad of high-tenacity filament yarn of polyesters was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament polyester yarn imports skyrocketed to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons), distantly followed by the Czech Republic (X tons), Romania (X tons), Poland (X tons) and Slovakia (X tons) were the largest importers of high-tenacity filament yarn of polyesters, together creating 93% of total imports. Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +12.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest high-tenacity filament polyester yarn importing markets in Eastern Europe were the Czech Republic ($X), Russia ($X) and Romania ($X), together comprising 73% of total imports.

Russia, with a CAGR of +7.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 2021, surging by 15% against the previous year. In general, the import price, however, recorded a pronounced setback. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (-0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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