Report Update Nov 1, 2024

Luxembourg - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Synthetic Filament Tow Market 2022

Synthetic Filament Tow Market Size in Luxembourg

After two years of decline, the Luxembourg synthetic filament tow market increased by 12% to $X in 2021. Overall, consumption, however, showed a mild reduction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Synthetic Filament Tow Production in Luxembourg

In value terms, synthetic filament tow production reduced rapidly to $X in 2021 estimated in export price. Overall, production recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 261%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Synthetic Filament Tow Exports

Exports from Luxembourg

For the third year in a row, Luxembourg recorded decline in shipments abroad of synthetic filament tow and staple fibers, not carded or combed, which decreased by -37.3% to X tons in 2021. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 2,028%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, synthetic filament tow exports declined slightly to $X in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 2,087% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for synthetic filament tow exports from Luxembourg, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled +33.6%.

In value terms, France ($X) also remains the key foreign market for synthetic filament tow exports from Luxembourg.

From 2012 to 2021, the average annual growth rate of value to France amounted to +34.0%.

Export Prices by Country

In 2021, the average synthetic filament tow export price amounted to $X per ton, growing by 56% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +0.2% per year.

Synthetic Filament Tow Imports

Imports into Luxembourg

In 2021, approx. X tons of synthetic filament tow and staple fibers, not carded or combed were imported into Luxembourg; increasing by 39% against the year before. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 2,901% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, synthetic filament tow imports soared to $X in 2021. In general, imports recorded significant growth. The growth pace was the most rapid in 2015 with an increase of 1,013% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest synthetic filament tow supplier to Luxembourg, accounting for a 85% share of total imports. Moreover, synthetic filament tow imports from Belgium exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +96.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+296.2% per year) and Germany (+52.4% per year).

In value terms, Belgium ($X) constituted the largest supplier of synthetic filament tow to Luxembourg, comprising 86% of total imports. The second position in the ranking was held by Germany ($X), with a 5.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +60.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+25.7% per year) and Bulgaria (+318.5% per year).

Import Prices by Country

The average synthetic filament tow import price stood at $X per ton in 2021, increasing by 5.5% against the previous year. Over the period under review, the import price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 6.5%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic filament tow and staple fibers, not carded or combed in the world?

China remains the largest synthetic filament tow consuming country worldwide, comprising approx. 22% of total volume. Moreover, synthetic filament tow consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Japan ranked third in terms of total consumption with a 4.7% share.

What are the largest producers of synthetic filament tow and staple fibers, not carded or combed in the world?

China remains the largest synthetic filament tow producing country worldwide, accounting for 26% of total volume. Moreover, synthetic filament tow production in China exceeded the figures recorded by the second-largest producer, South Korea, threefold. The United States ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of synthetic filament tow and staple fibers, not carded or combed to Luxembourg?

In value terms, Belgium constituted the largest supplier of synthetic filament tow to Luxembourg, comprising 86% of total imports. The second position in the ranking was occupied by Germany, with a 5.7% share of total imports.

What are the leading importers of synthetic filament tow and staple fibers, not carded or combed from Luxembourg?

In value terms, France remains the key foreign market for synthetic filament tow exports from Luxembourg, comprising 74% of total exports. The second position in the ranking was occupied by Slovakia, with a 20% share of total exports. It was followed by Belgium, with a 2% share.

What is the average export price for synthetic filament tow and staple fibers, not carded or combed in Luxembourg?

In 2021, the average synthetic filament tow export price amounted to $6,077 per ton, picking up by 75% against the previous year.

What is the average import price for synthetic filament tow and staple fibers, not carded or combed in Luxembourg?

The average synthetic filament tow import price stood at $2,673 per ton in 2021, surging by 5.7% against the previous year.

This report provides an in-depth analysis of the synthetic filament tow market in Luxembourg. 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:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023