Northern America: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Northern America

The North American market for polyester tow and staple, not carded, combed or otherwise processed for spinning contracted modestly to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Northern America

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 20% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports in Northern America

In 2022, overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -21.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning fell slightly to $X in 2022. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 38%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of polyester tow and staple, not carded, combed or otherwise processed for spinning, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the polyester tow and staple, not carded, combed or otherwise processed for spinning exports, with a CAGR of -7.1% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier in Northern America.

In the United States, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning contracted by an average annual rate of -6.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, rising by 25% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.4% per year.

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports in Northern America

In 2022, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning in Northern America dropped slightly to X tons, waning by -2.3% against the year before. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2015 when imports increased by 18%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning reached $X in 2022. Over the period under review, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United States prevails in spinning structure, resulting at X tons, which was approx. 93% of total imports in 2022. It was distantly followed by Canada (X tons), creating a 7.2% share of total imports.

The United States was also the fastest-growing in terms of the polyester tow and staple, not carded, combed or otherwise processed for spinning imports, with a CAGR of +1.8% from 2012 to 2022. Canada experienced a relatively flat trend pattern. While the share of the United States (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-1.7 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported polyester tow and staple, not carded, combed or otherwise processed for spinning in Northern America, comprising 89% of total imports. The second position in the ranking was taken by Canada ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to -1.6%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, rising by 15% against the previous year. In general, the import price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2021 an increase of 15%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-0.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :