U.S.: 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 the U.S.

The U.S. market for polyester tow and staple, not carded, combed or otherwise processed for spinning declined to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in the U.S.

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning fell slightly to $X in 2022. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 20%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports from the U.S.

After two years of growth, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -20.8% to X tons in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning dropped modestly to $X in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 38%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main destinations of exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from the United States, together comprising 87% of total exports. Brazil, Italy, El Salvador and Spain lagged somewhat behind, together comprising a further 4.3%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +5.3%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and China ($X) were the largest markets for polyester tow and staple, not carded, combed or otherwise processed for spinning exported from the United States worldwide, together comprising 85% of total exports. Italy, Brazil, El Salvador and Spain lagged somewhat behind, together comprising a further 3.8%.

In terms of the main countries of destination, Italy, with a CAGR of +11.8%, saw the highest rates of growth with regard to 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 polyester tow and staple, not carded, combed or otherwise processed for spinning stood at $X per ton in 2022, surging by 25% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Brazil ($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 Italy (+6.1%), 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 the U.S.

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were imported into the United States; dropping by -1.9% against 2021. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when imports increased by 19% against the previous year. Over the period under review, imports of hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning expanded significantly to $X in 2022. In general, imports recorded a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Korea (X tons), Thailand (X tons) and Vietnam (X tons) were the main suppliers of imports of polyester tow and staple, not carded, combed or otherwise processed for spinning to the United States, with a combined 56% share of total imports. China, India, Indonesia, Turkey and Taiwan (Chinese) lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +42.2%), 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 the United States were South Korea ($X), Thailand ($X) and India ($X), together accounting for 57% of total imports. Indonesia, Vietnam, China, Turkey and Taiwan (Chinese) lagged somewhat behind, together comprising a further 33%.

Among the main suppliers, Turkey, with a CAGR of +38.9%, saw 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

In 2022, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $X per ton, surging by 14% against the previous year. Overall, the import price, however, recorded a perceptible reduction. The growth pace was the most rapid in 2018 an increase of 15% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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