EU: Artificial Filament Tow Market 2024

Artificial Filament Tow Market Size in the EU

After two years of decline, the EU artificial filament tow market increased by X% to $X in 2022. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Artificial Filament Tow Production in the EU

In value terms, artificial filament tow production skyrocketed to $X in 2022 estimated in export price. In general, production posted perceptible growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Artificial Filament Tow Exports

Exports in the EU

In 2022, exports of artificial filament tow in the European Union skyrocketed to X tons, with an increase of X% on the previous year's figure. In general, exports showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial filament tow exports soared to $X in 2022. Overall, exports posted a measured increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Germany (X tons) and Belgium (X tons) were the key exporters of artificial filament tow in the European Union, together constituting X% of total exports. It was distantly followed by the Netherlands (X tons), constituting a X% share of total exports. Poland (X tons) held a relatively small share of total exports.

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

In value terms, the largest artificial filament tow supplying countries in the European Union were Germany ($X), Belgium ($X) and the Netherlands ($X), together accounting for X% of total exports.

Germany, with a CAGR of X%, 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 more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a mild reduction. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while the Netherlands ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced a decline in the export price figures.

Artificial Filament Tow Imports

Imports in the EU

In 2022, approx. X tons of artificial filament tow were imported in the European Union; with an increase of X% on the previous year's figure. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, artificial filament tow imports soared to $X in 2022. In general, imports recorded a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Poland (X tons), distantly followed by Romania (X tons), Lithuania (X tons), Italy (X tons), the Netherlands (X tons), Hungary (X tons), Bulgaria (X tons) and Germany (X tons) were the main importers of artificial filament tow, together generating X% of total imports. Belgium (X tons), Greece (X tons), the Czech Republic (X tons), Portugal (X tons) and Austria (X tons) followed a long way behind the leaders.

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

In value terms, the largest artificial filament tow importing markets in the European Union were Poland ($X), the Netherlands ($X) and Romania ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 the European Union amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Austria ($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 Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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