Europe: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Market Size for High-Tenacity Filament Yarn Of Polyesters in Europe

After two years of decline, the Europe high-tenacity filament polyester yarn market increased by 32% to $X in 2021. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of High-Tenacity Filament Yarn Of Polyesters in Europe

In value terms, high-tenacity filament polyester yarn production rose markedly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable shrinkage. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports in Europe

In 2021, overseas shipments of high-tenacity filament yarn of polyesters were finally on the rise to reach X tons after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament polyester yarn exports surged to $X in 2021. Overall, exports, however, showed a mild setback. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Germany (X tons), France (X tons), Spain (X tons), the Netherlands (X tons), Belgium (X tons), Slovakia (X tons), Belarus (X tons), Denmark (X tons) and Switzerland (X tons), together resulting at 95% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Slovakia (with a CAGR of +18.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest high-tenacity filament polyester yarn supplier in Europe, comprising 29% of total exports. The second position in the ranking was held by France ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 12% share.

In Germany, high-tenacity filament polyester yarn exports plunged by an average annual rate of -4.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: France (-5.6% per year) and the Netherlands (+1.5% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, growing by 12% against the previous year. Overall, the export price, however, recorded a pronounced contraction. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Switzerland ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.3%), while the other leaders experienced a decline in the export price figures.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports in Europe

In 2021, overseas purchases of high-tenacity filament yarn of polyesters were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament polyester yarn imports soared to $X in 2021. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons), followed by Russia (X tons), the Netherlands (X tons), France (X tons), Italy (X tons), the Czech Republic (X tons), Belgium (X tons), Portugal (X tons) and Romania (X tons) were the key importers of high-tenacity filament yarn of polyesters, together comprising 71% of total imports. The following importers - the UK (X tons), Spain (X tons), Poland (X tons) and Denmark (X tons) - together made up 15% of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +25.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest high-tenacity filament polyester yarn importing markets in Europe were Germany ($X), France ($X) and the Czech Republic ($X), with a combined 33% share of total imports. These countries were followed by Russia, Italy, the Netherlands, Belgium, Romania, the UK, Portugal, Spain, Poland and Denmark, which together accounted for a further 53%.

In terms of the main importing countries, Denmark, with a CAGR of +20.7%, recorded 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 Europe stood at $X per ton in 2021, rising by 14% against the previous year. Overall, the import price, however, saw a pronounced reduction. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform