Sweden: 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 Sweden

The Swedish market for polyester tow and staple, not carded, combed or otherwise processed for spinning shrank dramatically to $X in 2022, declining by -21.4% 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, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell markedly in the following year.

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

Exports from Sweden

For the fourth year in a row, Sweden recorded growth in overseas shipments of polyester tow and staple, not carded, combed or otherwise processed for spinning, which increased by 87% to X tons in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 549%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank to $X in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 467%. Over the period under review, the exports of attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

The UK (X tons) was the main destination for exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Sweden, with a 56% share of total exports. Moreover, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning to the UK exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by Norway (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +409.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+245.8% per year) and Norway (+59.4% per year).

In value terms, the UK ($X), Finland ($X) and Norway ($X) were the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Sweden worldwide, together accounting for 84% of total exports. The United States and Denmark lagged somewhat behind, together accounting for a further 13%.

The United States, with a CAGR of +110.7%, 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, dropping by -52.2% against the previous year. Over the period under review, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 80% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to the United States ($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 Taiwan (Chinese) (+75.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Sweden

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were imported into Sweden; waning by -22% compared with the previous year. Over the period under review, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.8% 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 +31.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year. As a result, imports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning fell sharply to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 108% against the previous year. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

Taiwan (Chinese) (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Sweden, together comprising 56% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +28.4%), 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 Sweden were Germany ($X), Taiwan (Chinese) ($X) and South Korea ($X), with a combined 56% share of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +26.0%, saw the highest growth rate of 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 polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, surging by 1.9% against the previous year. Over the period under review, the import price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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