Tunisia: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Tunisia

The Tunisian high-tenacity filament nylon yarn market expanded rapidly to $X in 2022, increasing by 7.1% against the previous year. Over the period under review, consumption enjoyed resilient growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Tunisia

In value terms, high-tenacity filament nylon yarn production stood at $X in 2022 estimated in export price. In general, production showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Tunisia

In 2022, shipments abroad of high-tenacity filament yarn of nylon or other polyamides was finally on the rise to reach X tons after three years of decline. Overall, exports, however, continue to indicate a abrupt downturn. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn exports surged to $X in 2022. In general, exports, however, continue to indicate a deep reduction. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for high-tenacity filament nylon yarn exports from Tunisia, with a 91% share of total exports. Moreover, high-tenacity filament nylon yarn exports to Russia exceeded the volume sent to the second major destination, Italy (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia was relatively modest.

In value terms, Russia ($X) emerged as the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Tunisia, comprising 92% of total exports. The second position in the ranking was taken by Italy ($X), with a 3.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia was relatively modest.

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, surging by 64% against the previous year. Over the period under review, the export price saw measured growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Italy amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.6%), while the prices for the other major destinations experienced a decline.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Tunisia

In 2022, approx. X tons of high-tenacity filament yarn of nylon or other polyamides were imported into Tunisia; waning by -3.6% compared with the previous year's figure. Over the period under review, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 240% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn imports expanded rapidly to $X in 2022. Overall, imports, however, saw a strong increase. The growth pace was the most rapid in 2017 when imports increased by 207%. As a result, imports attained the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

In 2022, China (X tons) constituted the largest high-tenacity filament nylon yarn supplier to Tunisia, with a 47% share of total imports. Moreover, high-tenacity filament nylon yarn imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was held by Belarus (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+30.5% per year) and Belarus (+22.2% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to Tunisia, comprising 47% of total imports. The second position in the ranking was held by Spain ($X), with an 18% share of total imports. It was followed by Latvia, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+31.2% per year) and Latvia (+17.3% per year).

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, increasing by 17% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 21%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per ton) and Latvia ($X per ton), while the price for Spain ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform