Pakistan: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

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

The Pakistani market for polyester tow and staple, not carded, combed or otherwise processed for spinning declined slightly to $X in 2022, falling by -3.5% against the previous year. Over the period under review, consumption, however, posted a remarkable increase. Consumption of peaked at $X in 2021, and then fell slightly in the following year.

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

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning fell to $X in 2022 estimated in export price. In general, production, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 58%. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports from Pakistan

In 2022, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Pakistan contracted to X tons, leveling off at the previous year's figure. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 790% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning contracted to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 574%. Over the period under review, the exports of attained the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

Turkey (X tons), the United States (X tons) and the United Arab Emirates (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Pakistan, with a combined 93% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +98.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Pakistan were Turkey ($X), the United States ($X) and the United Arab Emirates ($X), with a combined 93% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +85.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, dropping by -13.1% against the previous year. In general, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+44.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Pakistan

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were imported into Pakistan; with an increase of 7.6% on 2021 figures. Overall, imports showed resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning expanded notably to $X in 2022. Over the period under review, imports saw mild growth. The growth pace was the most rapid in 2020 with an increase of 35%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), Indonesia (X tons) and Thailand (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Pakistan, together comprising 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +115.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Pakistan were China ($X), Indonesia ($X) and Thailand ($X), together comprising 85% of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of +98.3%, saw the highest rates of growth with regard to 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

In 2022, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 an increase of 33%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($X per ton) and China ($X per ton), while the price for Thailand ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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