Eastern Europe: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Eastern Europe

The East European market for polyester tow and staple, not carded, combed or otherwise processed for spinning rose slightly to $X in 2022, increasing by 3.6% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +19.2% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Eastern Europe

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning contracted slightly to $X in 2022 estimated in export price. In general, production, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 48% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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

Exports in Eastern Europe

In 2022, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -38.6% to X tons, falling for the third consecutive year after five years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 14% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank notably to $X in 2022. In general, exports showed a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of $X, and then shrank notably in the following year.

Exports by Country

Romania was the key exporter of polyester tow and staple, not carded, combed or otherwise processed for spinning in Eastern Europe, with the volume of exports recording X tons, which was near 34% of total exports in 2022. Poland (X tons) held a 14% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (14%), Bulgaria (13%), the Czech Republic (13%) and Russia (6.3%). Lithuania (X tons) held a relatively small share of total exports.

Romania experienced a relatively flat trend pattern with regard to volume of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning. At the same time, Russia (+40.8%), Bulgaria (+14.9%), Poland (+6.8%) and Lithuania (+6.1%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +40.8% from 2012-2022. By contrast, the Czech Republic (-4.7%) and Belarus (-10.2%) illustrated a downward trend over the same period. Bulgaria (+9.9 p.p.), Poland (+7.5 p.p.), Russia (+6.1 p.p.), Romania (+3.2 p.p.) and Lithuania (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Belarus saw its share reduced by -6.1% and -23.8% from 2012 to 2022, respectively.

In value terms, Romania ($X) emerged as the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier in Eastern Europe, comprising 35% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 15% share of total exports. It was followed by Poland, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Romania was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (-4.7% per year) and Poland (+6.8% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, surging by 26% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Czech Republic ($X per ton) and Romania ($X per ton), while Russia ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+0.5%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Eastern Europe

After six years of growth, supplies from abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -5.9% to X tons in 2022. Total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.7% 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 +45.1% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 15% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X in 2022. The total import value increased at an average annual rate of +3.0% 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 2021 with an increase of 36% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Russia (X tons) and Poland (X tons) represented roughly 65% of total imports in 2022. It was distantly followed by Bulgaria (X tons) and the Czech Republic (X tons), together committing a 16% share of total imports. The following importers - Lithuania (X tons), Romania (X tons) and Estonia (X tons) - each accounted for a 12% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +14.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 69% of total imports. Bulgaria, Lithuania, Estonia and Romania lagged somewhat behind, together accounting for a further 21%.

Bulgaria, with a CAGR of +11.0%, 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

In 2022, the import price in Eastern Europe amounted to $X per ton, increasing by 7.2% against the previous year. Over the period under review, the import price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2021 when the import price increased by 25%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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