Report Update Nov 1, 2024

United Kingdom - Aramids Staple - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Aramids Staple Market 2024

Aramids Staple Market Size in the UK

In 2021, the UK aramids staple market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a modest expansion. Aramids staple consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Aramids Staple Exports

Exports from the UK

For the fifth consecutive year, the UK recorded growth in shipments abroad of aramids staple, which increased by 36% to X tons in 2021. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 345%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, aramids staple exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 308%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for aramids staple exports from the UK, with a 53% share of total exports. Moreover, aramids staple exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), twofold. Belarus (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +29.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+448.8% per year) and Belarus (+238.4% per year).

In value terms, Germany ($X) remains the key foreign market for aramids staple exports from the UK, comprising 55% of total exports. The second position in the ranking was held by Belgium ($X), with a 20% share of total exports. It was followed by Sri Lanka, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+460.1% per year) and Sri Lanka (+21.2% per year).

Export Prices by Country

In 2021, the average aramids staple export price amounted to $X per ton, rising by 84% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+45.4%), while the prices for the other major destinations experienced more modest paces of growth.

Aramids Staple Imports

Imports into the UK

In 2021, purchases abroad of aramids staple was finally on the rise to reach X tons after two years of decline. In general, imports enjoyed resilient growth. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, aramids staple imports soared to $X in 2021. Overall, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and China (X tons) were the main suppliers of aramids staple imports to the UK, together comprising 86% of total imports. These countries were followed by South Korea, Luxembourg, the United States and Switzerland, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +141.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aramids staple suppliers to the UK were Belgium ($X), the Netherlands ($X) and China ($X), together comprising 91% of total imports. These countries were followed by the United States, Luxembourg, South Korea and Switzerland, which together accounted for a further 7.8%.

In terms of the main suppliers, Luxembourg, with a CAGR of +60.3%, 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 2021, the average aramids staple import price amounted to $X per ton, rising by 6.4% against the previous year. Overall, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aramids staple in the world?

The countries with the highest volumes of aramids staple consumption in 2020 were China, Japan and Spain, with a combined 34% share of global consumption. Belgium, Germany, Turkey, Italy, the Netherlands, Pakistan, India, the United States, Taiwan Chinese) and South Korea lagged somewhat behind, together accounting for a further 48%.

What are the largest producers of aramids staple in the world?

The countries with the highest volumes of aramids staple production in 2020 were Spain, South Korea and Thailand, with a combined 69% share of global production. These countries were followed by France, Japan, Slovakia and the United States, which together accounted for a further 27%.

What are the leading suppliers of aramids staple to the UK?

In value terms, the largest aramids staple suppliers to the UK were the Netherlands, China and Belgium, together comprising 86% of total imports. These countries were followed by Luxembourg and Germany, which together accounted for a further 12%.

What are the leading importers of aramids staple from the UK?

In value terms, Germany, Brazil and India were the largest markets for aramids staple exported from the UK worldwide, together accounting for 78% of total exports. Belgium and Belarus lagged somewhat behind, together accounting for a further 13%.

What is the average export price for aramids staple in the UK?

The average aramids staple export price stood at $6,929 per ton in 2020, reducing by -50.1% against the previous year.

What is the average import price for aramids staple in the UK?

In 2020, the average aramids staple import price amounted to $13,349 per ton, with an increase of 15% against the previous year.

This report provides an in-depth analysis of the aramids staple market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning

Country coverage:

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023