EU: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in the EU

The EU synthetic yarn market dropped modestly to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption showed a perceptible downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Synthetic Yarn Production in the EU

In value terms, synthetic yarn production expanded remarkably to $X in 2022 estimated in export price. Overall, production recorded a drastic downturn. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Synthetic Yarn Exports

Exports in the EU

In 2022, the amount of yarn of synthetic or artificial staple fibers exported in the European Union contracted to X tons, with a decrease of X% on the year before. In general, exports recorded a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, synthetic yarn exports dropped slightly to $X in 2022. Overall, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Italy (X tons), Romania (X tons), Greece (X tons), Bulgaria (X tons), Germany (X tons), Spain (X tons), Belgium (X tons), Portugal (X tons), Croatia (X tons), Slovakia (X tons) and Slovenia (X tons) was the key exporter of yarn of synthetic or artificial staple fibers in the European Union, making up X% of total export.

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

In value terms, Italy ($X), Germany ($X) and Romania ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Slovakia, Spain, Bulgaria, Belgium, Portugal, Slovenia, Croatia and Greece lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Greece, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while Greece ($X per ton) was 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 more modest paces of growth.

Synthetic Yarn Imports

Imports in the EU

Synthetic yarn imports shrank to X tons in 2022, falling by X% compared with the previous year. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, synthetic yarn imports reached $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid 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 remained at a lower figure.

Imports by Country

In 2022, Italy (X tons), distantly followed by Germany (X tons), Spain (X tons), Portugal (X tons), Greece (X tons), France (X tons) and Belgium (X tons) were the main importers of yarn of synthetic or artificial staple fibers, together constituting X% of total imports. Poland (X tons), Austria (X tons), Romania (X tons), Bulgaria (X tons) and the Czech Republic (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to synthetic yarn imports into Italy stood at X%. At the same time, Greece (X%), Bulgaria (X%), Austria (X%) and Spain (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Portugal and France experienced a relatively flat trend pattern. By contrast, Germany (X%), Poland (X%), the Czech Republic (X%), Romania (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Greece and Spain increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Germany ($X) and Spain ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. France, Portugal, Austria, Poland, Belgium, Romania, Greece, the Czech Republic and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Greece, with a CAGR of X%, 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

The import price in the European Union stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. 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 France ($X per ton), while Greece ($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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