Sweden: Market for High-Tenacity Filament Yarn Of Polyesters 2024

Market Size for High-Tenacity Filament Yarn Of Polyesters in Sweden

After two years of decline, the Swedish high-tenacity filament polyester yarn market increased by 74% to $X in 2021. Overall, consumption, however, saw a mild shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Polyesters

Exports from Sweden

High-tenacity filament polyester yarn exports from Sweden soared to X tons in 2021, picking up by 20% on the previous year. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 58%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament polyester yarn exports surged to $X in 2021. In general, exports recorded mild growth. The pace of growth appeared the most rapid in 2018 when exports increased by 71% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for high-tenacity filament polyester yarn exports from Sweden, accounting for a 81% share of total exports. Moreover, high-tenacity filament polyester yarn exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. The third position in this ranking was taken by the Netherlands (X tons), with a 3% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +30.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and the Netherlands (-14.0% per year).

In value terms, Germany ($X) remains the key foreign market for high-tenacity filament yarn of polyesters exports from Sweden, comprising 78% of total exports. The second position in the ranking was taken by the United States ($X), with a 2.1% share of total exports. It was followed by Italy, with a 0.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.6% per year) and Italy (0.0% per year).

Export Prices by Country

In 2021, the average high-tenacity filament polyester yarn export price amounted to $X per ton, with an increase of 13% against the previous year. Overall, the export price, however, saw a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 69% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($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 China (+44.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of High-Tenacity Filament Yarn Of Polyesters

Imports into Sweden

In 2021, purchases abroad of high-tenacity filament yarn of polyesters was finally on the rise to reach X tons after three years of decline. In general, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, high-tenacity filament polyester yarn imports soared to $X in 2021. Overall, imports, however, continue to indicate a slight contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of high-tenacity filament polyester yarn to Sweden, with a 59% share of total imports. Moreover, high-tenacity filament polyester yarn imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+21.6% per year) and the Netherlands (+13.8% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of polyesters to Sweden, comprising 49% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 19% share of total imports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+19.7% per year) and the Netherlands (+13.2% per year).

Import Prices by Country

The average high-tenacity filament polyester yarn import price stood at $X per ton in 2021, growing by 11% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 11%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for China ($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 (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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