Southern Asia: Artificial Filament Tow Market 2024

Artificial Filament Tow Market Size in Southern Asia

The South Asian artificial filament tow market surged to $X in 2022, jumping by X% against the previous year. In general, consumption, however, saw a noticeable decrease. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Artificial Filament Tow Production in Southern Asia

In value terms, artificial filament tow production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Artificial Filament Tow Exports

Exports in Southern Asia

Artificial filament tow exports reduced notably to X tons in 2022, falling by X% compared with the previous year's figure. In general, exports saw a noticeable decline. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, artificial filament tow exports contracted rapidly to $X in 2022. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Pakistan was the main exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Bangladesh (X tons), comprising a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bangladesh (with a CAGR of X%).

In value terms, Bangladesh ($X) emerged as the largest artificial filament tow supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Bangladesh amounted to X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while Pakistan amounted to $X per ton.

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

Artificial Filament Tow Imports

Imports in Southern Asia

For the third year in a row, Southern Asia recorded growth in overseas purchases of artificial filament tow, which increased by X% to X tons in 2022. Over the period under review, imports, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, artificial filament tow imports skyrocketed to $X in 2022. Overall, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) represented the major importer of artificial filament tow, constituting X% of total imports. Pakistan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (X%). Nepal (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest artificial filament tow importing markets in Southern Asia were India ($X), Pakistan ($X) and Bangladesh ($X), together comprising X% of total imports. These countries were followed by Nepal, which accounted for a further X%.

In terms of the main importing countries, Nepal, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Pakistan ($X per ton) and Nepal ($X per ton), while Bangladesh ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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