Poland: Market for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in Poland

In 2021, after three years of decline, there was significant growth in the Polish market for other synthetic tow and staple not carded, combed or otherwise processed for spinning, when its value increased by 17% to $X. Overall, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -24.9% against 2017 indices. Consumption of peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning in Poland

In value terms, production of other synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -30.2% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of 31%. Over the period under review, production of reached the peak level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

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

Exports from Poland

In 2021, shipments abroad of other synthetic tow and staple not carded, combed or otherwise processed for spinning increased by 2,223% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports posted a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021. Overall, exports continue to indicate temperate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons) was the main destination for exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from Poland, accounting for a 87% share of total exports. Moreover, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning to the Czech Republic exceeded the volume sent to the second major destination, Finland (X tons), sevenfold. Russia (X kg) ranked third in terms of total exports with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +249.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+30.9% per year) and Russia (-11.0% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for other synthetic tow and staple not carded, combed or otherwise processed for spinning exports from Poland, comprising 84% of total exports. The second position in the ranking was taken by Finland ($X), with a 13% share of total exports. It was followed by Russia, with a 1% share.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic totaled +162.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+26.4% per year) and Russia (-11.7% per year).

Export Prices by Country

In 2021, the average export price for other synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, which is down by -55.8% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 71%. The export price peaked at $X per ton in 2020, and then contracted markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Sweden ($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 Sweden (-0.5%), while the prices for the other major destinations experienced a decline.

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

Imports into Poland

In 2021, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning into Poland skyrocketed to X tons, rising by 40% compared with 2020 figures. In general, imports saw prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 45%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021. Over the period under review, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Denmark (X tons) constituted the largest supplier of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Poland, with a 60% share of total imports. Moreover, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from Denmark exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Denmark totaled +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.7% per year) and Germany (+30.9% per year).

In value terms, Denmark ($X) constituted the largest supplier of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Poland, comprising 60% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports. It was followed by Germany, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Denmark amounted to +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.2% per year) and Germany (+33.4% per year).

Import Prices by Country

In 2021, the average import price for other synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, rising by 17% against the previous year. Overall, the import price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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