Ukraine: 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 Ukraine

In 2022, the Ukrainian high-tenacity filament nylon yarn market increased by 39% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

Exports from Ukraine

In 2022, after two years of decline, there was significant growth in shipments abroad of high-tenacity filament yarn of nylon or other polyamides, when their volume increased by 6,035% to X tons. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament nylon yarn exports skyrocketed to $X in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 4,956%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The Czech Republic (X tons) was the main destination for high-tenacity filament nylon yarn exports from Ukraine, with a 91% share of total exports. Moreover, high-tenacity filament nylon yarn exports to the Czech Republic exceeded the volume sent to the second major destination, Poland (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+9.1% per year) and the United States (-89.7% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Ukraine, comprising 88% of total exports. The second position in the ranking was taken by Poland ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+12.6% per year) and the United States (-88.2% per year).

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, declining by -21.5% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 an increase of 340%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the United States ($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 the United States (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Ukraine

In 2022, after two years of decline, there was growth in purchases abroad of high-tenacity filament yarn of nylon or other polyamides, when their volume increased by 3.7% to X tons. In general, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.2% against 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of 26%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn imports soared to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of high-tenacity filament nylon yarn to Ukraine, accounting for a 73% share of total imports. Moreover, high-tenacity filament nylon yarn imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), sixfold. The third position in this ranking was held by Belarus (X tons), with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +47.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+252.2% per year) and Belarus (+20.4% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to Ukraine, comprising 66% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 21% share of total imports. It was followed by Belarus, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +48.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+281.6% per year) and Belarus (+17.2% per year).

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, growing by 36% against the previous year. In general, the import price, however, continues to indicate a slight decline. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Russia ($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 Czech Republic (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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