Tunisia: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2024

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Tunisia

The Tunisian market for polyester tow and staple, not carded, combed or otherwise processed for spinning contracted notably to $X in 2022, falling by -22.5% 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). Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

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

Exports from Tunisia

In 2022, after two years of decline, there was significant growth in shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning, when their volume increased by 78,566% to X tons. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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 significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Bulgaria (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Tunisia, together accounting for 59% of total exports. Poland, Germany, Portugal and Turkey lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +36,853.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Bulgaria ($X) and the Netherlands ($X) appeared to be the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Tunisia worldwide, with a combined 60% share of total exports. Spain, Poland, Turkey and Portugal lagged somewhat behind, together accounting for a further 37%.

Turkey, with a CAGR of +23,889.5%, saw the highest growth rate of 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

In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, dropping by -36.7% against the previous year. Overall, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 128% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bulgaria ($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 Spain (-3.0%), while the prices for the other major destinations experienced a decline.

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

Imports into Tunisia

After two years of growth, supplies from abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -16.4% to X tons in 2022. In general, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.3% 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 +10.0% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 41% against the previous year. Imports peaked at X tons in 2021, and then contracted rapidly in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning declined to $X in 2022. Overall, total imports indicated modest growth from 2012 to 2022: its value 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 +49.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Taiwan (Chinese) (X tons), India (X tons) and China (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Tunisia, with a combined 67% share of total imports. Vietnam, Egypt, Algeria, Indonesia, Turkey, Thailand, South Korea, Ireland and the United States lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +35.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), India ($X) and China ($X) constituted the largest polyester tow and staple, not carded, combed or otherwise processed for spinning suppliers to Tunisia, with a combined 68% share of total imports. Egypt, Vietnam, Algeria, Turkey, Indonesia, Thailand, South Korea, the United States and Ireland lagged somewhat behind, together comprising a further 26%.

Among the main suppliers, Vietnam, with a CAGR of +35.1%, 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 polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, rising by 10% against the previous year. In general, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2021 an increase of 33%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform