Southern Asia: 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 Southern Asia

The South Asian market for polyester tow and staple, not carded, combed or otherwise processed for spinning reached $X in 2022, rising by 5.2% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +8.7% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

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

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning contracted to $X in 2022 estimated in export price. The total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 32% against the previous year. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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

Exports in Southern Asia

After six years of growth, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -31.9% to X tons in 2022. Total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, the exports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning declined rapidly to $X in 2022. Total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 81%. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

India dominates spinning structure, recording X tons, which was near 98% of total exports in 2022. Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to polyester tow and staple, not carded, combed or otherwise processed for spinning exports from India stood at +4.4%. At the same time, Pakistan (+36.3%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +36.3% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by +2.2 percentage points.

In value terms, India ($X) remains the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier in Southern Asia, comprising 97% of total exports. The second position in the ranking was held by Pakistan ($X), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +2.1%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by 15% against the previous year. Overall, the export price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when the export price increased by 36%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.2%).

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

Imports in Southern Asia

For the sixth year in a row, Southern Asia recorded growth in overseas purchases of polyester tow and staple, not carded, combed or otherwise processed for spinning, which increased by 3.8% to X tons in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.0% against 2015 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 36%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X in 2022. The total import value increased at an average annual rate of +5.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Pakistan (X tons) and Bangladesh (X tons) were the key importers of polyester tow and staple, not carded, combed or otherwise processed for spinning in Southern Asia, together committing 69% of total imports. India (X tons) held the next position in the ranking, distantly followed by Nepal (X tons). All these countries together held approx. 30% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Nepal (with a CAGR of +20.3%), while imports 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 importing markets in Southern Asia were Pakistan ($X), Bangladesh ($X) and India ($X), together accounting for 90% of total imports. Nepal lagged somewhat behind, comprising a further 9.3%.

Nepal, with a CAGR of +15.5%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of 6.4% against the previous year. In general, the import price, however, showed a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 27%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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