Eastern Europe: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2025

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Eastern Europe

In 2021, the East European market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 17% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Eastern Europe

In value terms, production of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning surged to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt slump. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports in Eastern Europe

After two years of decline, overseas shipments of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 26% to X tons in 2021. Total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -15.0% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 29%. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic prevails in spinning structure, accounting for X tons, which was near 82% of total exports in 2021. It was distantly followed by Russia (X tons), committing a 6.1% share of total exports. Ukraine (X tons), Slovakia (X tons), Poland (X tons) and Romania (X tons) held a little share of total exports.

Exports from the Czech Republic increased at an average annual rate of +3.7% from 2012 to 2021. At the same time, Romania (+96.5%), Russia (+31.5%), Ukraine (+23.0%) and Slovakia (+8.9%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +96.5% from 2012-2021. Poland experienced a relatively flat trend pattern. Russia (+5.3 p.p.), Ukraine (+2.3 p.p.) and Romania (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by -8.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning supplier in Eastern Europe, comprising 82% of total exports. The second position in the ranking was taken by Russia ($X), with a 5.2% share of total exports. It was followed by Ukraine, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value in the Czech Republic amounted to +5.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+22.4% per year) and Ukraine (+20.6% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, picking up by 38% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. 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 Ukraine ($X per ton), while Slovakia ($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 (+3.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports in Eastern Europe

For the third consecutive year, Eastern Europe recorded decline in supplies from abroad of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning, which decreased by -0.1% to X tons in 2021. The total import volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 17%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning surged to $X in 2021. The total import value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports of hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) represented the major importer of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning, achieving 45% of total imports. Poland (X tons) ranks second in terms of the total imports with a 25% share, followed by Slovakia (11%), Romania (5.4%) and Hungary (5.3%). The following importers - Belarus (X tons) and Lithuania (X tons) - each resulted at a 5.7% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Slovakia (with a CAGR of +70.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Slovakia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 80% of total imports.

Among the main importing countries, Slovakia, with a CAGR of +60.5%, saw the highest growth rate of 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

In 2021, the import price in Eastern Europe amounted to $X per ton, growing by 38% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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