Northern America: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports in Northern America

In 2021, shipments abroad of high-tenacity filament yarn of polyesters was finally on the rise to reach X tons after four years of decline. Overall, exports, however, continue to indicate a abrupt slump. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament polyester yarn exports soared to $X in 2021. Over the period under review, exports, however, showed a noticeable reduction. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, amounting to X tons, which was approx. 92% of total exports in 2021. It was distantly followed by Canada (X tons), generating a 7.5% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to high-tenacity filament polyester yarn exports from the United States stood at -8.8%. Canada (-4.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada increased by +2.7 percentage points.

In value terms, the United States ($X) remains the largest high-tenacity filament polyester yarn supplier in Northern America, comprising 94% of total exports. The second position in the ranking was taken by Canada ($X), with a 6.3% share of total exports.

In the United States, high-tenacity filament polyester yarn exports contracted by an average annual rate of -3.9% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, increasing by 4.4% against the previous year. Export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, high-tenacity filament polyester yarn export price increased by +3.8% against 2018 indices. The growth pace was the most rapid in 2018 when the export price increased by 43% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.4%).

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports in Northern America

In 2021, supplies from abroad of high-tenacity filament yarn of polyesters was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 23%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, high-tenacity filament polyester yarn imports soared to $X in 2021. Total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -32.5% against 2018 indices. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

The United States was the major importer of high-tenacity filament yarn of polyesters in Northern America, with the volume of imports recording X tons, which was near 88% of total imports in 2021. It was distantly followed by Canada (X tons), creating a 12% share of total imports.

The United States was also the fastest-growing in terms of the high-tenacity filament yarn of polyesters imports, with a CAGR of +7.5% from 2012 to 2021. At the same time, Canada (+2.6%) displayed positive paces of growth. The United States (+5.2 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -5.2% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported high-tenacity filament yarn of polyesters in Northern America, comprising 87% of total imports. The second position in the ranking was taken by Canada ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +2.4%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, rising by 9.9% against the previous year. Over the period under review, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-3.0%).

Source: IndexBox Platform

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