Eastern Europe: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in Eastern Europe

After three years of decline, the East European synthetic yarn market increased by X% to $X in 2022. Overall, consumption, however, showed a pronounced slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Synthetic Yarn Production in Eastern Europe

In value terms, synthetic yarn production shrank significantly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Synthetic Yarn Exports

Exports in Eastern Europe

In 2022, the amount of yarn of synthetic or artificial staple fibers exported in Eastern Europe declined to X tons, with a decrease of X% compared with 2021 figures. In general, exports saw a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, synthetic yarn exports shrank modestly to $X in 2022. Overall, exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons) and Bulgaria (X tons) represented roughly X% of total exports in 2022. Belarus (X tons) took the next position in the ranking, followed by Slovakia (X tons) and the Czech Republic (X tons). All these countries together took near X% share of total exports. The following exporters - Hungary (X tons) and Poland (X tons) - each accounted for a X% share of total exports.

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

In value terms, the largest synthetic yarn supplying countries in Eastern Europe were Romania ($X), Slovakia ($X) and Bulgaria ($X), with a combined X% share of total exports.

Among the main exporting countries, Slovakia, 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while Hungary ($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 (X%), while the other leaders experienced more modest paces of growth.

Synthetic Yarn Imports

Imports in Eastern Europe

In 2022, supplies from abroad of yarn of synthetic or artificial staple fibers increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, synthetic yarn imports reduced to $X in 2022. Over the period under review, imports, however, recorded a mild setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the main importing country with an import of around X tons, which resulted at X% of total imports. Poland (X tons) took the second position in the ranking, followed by Romania (X tons), Ukraine (X tons), Bulgaria (X tons), Belarus (X tons) and the Czech Republic (X tons). All these countries together took approx. X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to synthetic yarn imports into Russia stood at X%. At the same time, Belarus (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Ukraine experienced a relatively flat trend pattern. By contrast, Poland (X%), the Czech Republic (X%) and Romania (X%) illustrated a downward trend over the same period. Belarus (X p.p.), Bulgaria (X p.p.) and Ukraine (X p.p.) significantly strengthened its position in terms of the total imports, while Poland and Romania saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and Romania ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The Czech Republic, Bulgaria, Ukraine and Belarus lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ukraine, 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, waning by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank slightly in the following year.

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

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

Source: IndexBox Platform

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