Sweden: 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 Sweden

The Swedish market for other synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021, with an increase of 48% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a abrupt descent. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

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

Exports from Sweden

For the third consecutive year, Sweden recorded decline in overseas shipments of other synthetic tow and staple not carded, combed or otherwise processed for spinning, which decreased by -67.5% to X kg in 2021. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of 174% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning reduced dramatically to $X in 2021. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 125%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Finland (X kg), Poland (X kg) and Lithuania (X kg) were the main destinations of exports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from Sweden, with a combined 88% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +65.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for other synthetic tow and staple not carded, combed or otherwise processed for spinning exported from Sweden were Finland ($X), Lithuania ($X) and Somalia ($X), together comprising 92% of total exports.

Among the main countries of destination, Finland, with a CAGR of +118.8%, saw the highest growth rate of the value of exports, 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 other synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, surging by 99% against the previous year. Over the period under review, the export price enjoyed moderate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to Poland ($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 Lithuania (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Sweden

In 2021, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning into Sweden surged to X tons, jumping by 57% against the year before. Over the period under review, imports, however, faced a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by 99%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning skyrocketed to $X in 2021. In general, imports, however, continue to indicate a significant decrease. The growth pace was the most rapid in 2019 when imports increased by 121%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of other synthetic tow and staple not carded, combed or otherwise processed for spinning to Sweden, accounting for a 68% share of total imports. Moreover, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning from Belgium exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+11.9% per year) and Germany (-15.0% per year).

In value terms, the largest other synthetic tow and staple not carded, combed or otherwise processed for spinning suppliers to Sweden were Germany ($X), Belgium ($X) and the United States ($X), together accounting for 70% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +44.9%, recorded the highest rates of growth with regard to the value of imports, 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 other synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, falling by -14.2% against the previous year. In general, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 37%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average 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 the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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