Italy - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly: Synthetic Filament Tow Market 2022
Synthetic Filament Tow Market Size in Italy
In 2021, the Italian synthetic filament tow market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a noticeable setback. Synthetic filament tow consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Synthetic Filament Tow Production in Italy
In value terms, synthetic filament tow production surged to $X in 2021 estimated in export price. Over the period under review, production, however, faced a significant curtailment. Synthetic filament tow production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.
Synthetic Filament Tow Exports
Exports from Italy
In 2021, overseas shipments of synthetic filament tow and staple fibers, not carded or combed increased by 16% to X tons, rising for the third year in a row after two years of decline. In general, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +37.9% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 25% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.
In value terms, synthetic filament tow exports soared to $X in 2021. Overall, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Germany (X tons) was the main destination for synthetic filament tow exports from Italy, accounting for a 58% share of total exports. Moreover, synthetic filament tow exports to Germany exceeded the volume sent to the second major destination, Israel (X tons), sixfold. The third position in this ranking was held by the United States (X tons), with a 9.3% share.
From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-3.6% per year) and the United States (+10.0% per year).
In value terms, Germany ($X) remains the key foreign market for synthetic filament tow exports from Italy, comprising 45% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by Israel, with a 7.1% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+12.9% per year) and Israel (-2.3% per year).
Export Prices by Country
The average synthetic filament tow export price stood at $X per ton in 2021, increasing by 43% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Israel ($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 (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Filament Tow Imports
Imports into Italy
In 2021, purchases abroad of synthetic filament tow and staple fibers, not carded or combed increased by 9.2% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, synthetic filament tow imports surged to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.
Imports by Country
South Korea (X tons), Turkey (X tons) and Belgium (X tons) were the main suppliers of synthetic filament tow imports to Italy, with a combined 48% share of total imports. Germany, Denmark, China, Taiwan (Chinese), India, Romania, Saudi Arabia, the UK, Portugal and Ireland lagged somewhat behind, together comprising a further 38%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +20.1%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Turkey ($X), Belgium ($X) and South Korea ($X) were the largest synthetic filament tow suppliers to Italy, with a combined 43% share of total imports. Germany, Denmark, China, Portugal, Taiwan (Chinese), the UK, India, Romania, Saudi Arabia and Ireland lagged somewhat behind, together accounting for a further 38%.
Among the main suppliers, Saudi Arabia, with a CAGR of +18.7%, 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 average synthetic filament tow import price stood at $X per ton in 2021, rising by 26% against the previous year. Over the period under review, the import price, however, saw a mild reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Portugal ($X per ton), while the price for India ($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 (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the synthetic filament tow market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
- Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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