Europe: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Europe

The Europe high-tenacity filament nylon yarn market rose rapidly to $X in 2022, growing by 7.8% against the previous year. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -39.1% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Europe

In value terms, high-tenacity filament nylon yarn production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% 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 2014 with an increase of 27%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports in Europe

High-tenacity filament nylon yarn exports shrank notably to X tons in 2022, with a decrease of -24.2% compared with 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, high-tenacity filament nylon yarn exports reached $X in 2022. The total export value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 55% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

The biggest shipments were from Slovakia (X tons), Russia (X tons), Belarus (X tons) and Latvia (X tons), together reaching 75% of total export. Italy (X tons) took the next position in the ranking, followed by Poland (X tons). All these countries together took near 12% share of total exports. The Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +18.0%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the largest high-tenacity filament nylon yarn supplier in Europe, comprising 30% of total exports. The second position in the ranking was taken by Latvia ($X), with a 13% share of total exports. It was followed by Belarus, with a 12% share.

In Slovakia, high-tenacity filament nylon yarn exports expanded at an average annual rate of +1.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Latvia (+5.0% per year) and Belarus (-4.1% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, growing by 33% against the previous year. Export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, high-tenacity filament nylon yarn export price increased by +65.4% against 2020 indices. As a result, the export price reached 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 Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.2%), while the other leaders experienced more modest paces of growth.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports in Europe

High-tenacity filament nylon yarn imports contracted slightly to X tons in 2022, dropping by -4.2% against 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn imports surged to $X in 2022. The total import value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the Czech Republic (X tons), Portugal (X tons), Romania (X tons), Italy (X tons), Spain (X tons), Hungary (X tons), Germany (X tons), Poland (X tons), France (X tons), the UK (X tons), Belarus (X tons) and Russia (X tons) represented the key importer of high-tenacity filament yarn of nylon or other polyamides in Europe, making up 85% of total import.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Portugal ($X) and Romania ($X) were the countries with the highest levels of imports in 2022, together comprising 35% of total imports. Italy, France, Hungary, Germany, Spain, Poland, the UK, Belarus and Russia lagged somewhat behind, together accounting for a further 52%.

Poland, with a CAGR of +9.6%, saw the highest growth rate of 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 Europe amounted to $X per ton, increasing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform