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

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

In 2021, after two years of decline, there was significant growth in the German high-tenacity filament polyester yarn market, when its value increased by 34% to $X. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of High-Tenacity Filament Yarn Of Polyesters in Germany

In value terms, high-tenacity filament polyester yarn production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 with an increase of 5.7% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports from Germany

In 2021, exports of high-tenacity filament yarn of polyesters from Germany totaled X tons, standing approx. at 2020 figures. Over the period under review, exports, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2014 with an increase of 7.8%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, high-tenacity filament polyester yarn exports rose significantly to $X in 2021. Overall, exports, however, recorded a noticeable reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), Belgium (X tons) and Spain (X tons) were the main destinations of high-tenacity filament polyester yarn exports from Germany, together comprising 39% of total exports. Italy, the UK, France, the United States, China, Austria, Switzerland, Poland, Slovakia and Romania lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +23.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Spain ($X) and Belgium ($X) were the largest markets for high-tenacity filament polyester yarn exported from Germany worldwide, with a combined 34% share of total exports. These countries were followed by France, the UK, Italy, the United States, China, Austria, Switzerland, Poland, Romania and Slovakia, which together accounted for a further 49%.

Romania, with a CAGR of +19.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average high-tenacity filament polyester yarn export price stood at $X per ton in 2021, rising by 14% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports into Germany

High-tenacity filament polyester yarn imports into Germany surged to X tons in 2021, rising by 17% compared with the previous year. In general, imports saw a slight increase. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, high-tenacity filament polyester yarn imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest high-tenacity filament polyester yarn supplier to Germany, with a 54% share of total imports. Moreover, high-tenacity filament polyester yarn imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), sevenfold. The third position in this ranking was held by Spain (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-3.9% per year) and Spain (+5.4% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of polyesters to Germany, comprising 49% of total imports. The second position in the ranking was taken by South Korea ($X), with an 8.8% share of total imports. It was followed by Spain, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-5.3% per year) and Spain (+3.4% per year).

Import Prices by Country

In 2021, the average high-tenacity filament polyester yarn import price amounted to $X per ton, picking up by 17% against the previous year. Over the period under review, the import price, however, showed a mild decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Belarus ($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 (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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