Spain: 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 Spain

In 2022, the Spanish market for polyester tow and staple, not carded, combed or otherwise processed for spinning increased by 7.1% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

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

Exports from Spain

In 2022, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning increased by 62% to X tons, rising for the second year in a row after three years of decline. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 128%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning surged to $X in 2022. Over the period under review, exports showed a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 178% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Portugal (X tons), Pakistan (X tons) and the UK (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Spain, with a combined 69% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +531.0%), while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Portugal ($X) and the UK ($X) constituted the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Spain worldwide, together accounting for 72% of total exports.

Pakistan, with a CAGR of +397.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, surging by 12% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 82% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Italy ($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 the UK (+5.3%), 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 Spain

Imports of polyester tow and staple, not carded, combed or otherwise processed for spinning into Spain dropped slightly to X tons in 2022, remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 24% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then shrank modestly in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning reached $X in 2022. The total import value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons), South Korea (X tons) and India (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Spain, together comprising 57% of total imports. China, Thailand, Indonesia, Nigeria, Germany, South Africa, Italy, Portugal, Taiwan (Chinese) and Ireland lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +236.8%), 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 Spain were Turkey ($X), South Korea ($X) and India ($X), together comprising 54% of total imports. China, Thailand, Germany, Italy, Indonesia, South Africa, Nigeria, Portugal, Ireland and Taiwan (Chinese) lagged somewhat behind, together comprising a further 38%.

South Africa, with a CAGR of +257.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, rising by 16% against the previous year. Overall, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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