Uzbekistan: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

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

The Uzbek market for polyester tow and staple, not carded, combed or otherwise processed for spinning declined to $X in 2022, falling by -13% against the previous year. In general, consumption, however, continues to indicate prominent growth. Over the period under review, the market hit record highs 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 Uzbekistan

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning contracted slightly to $X in 2022 estimated in export price. Overall, production, however, showed a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 42% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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

Exports from Uzbekistan

In 2022, the amount of polyester tow and staple, not carded, combed or otherwise processed for spinning exported from Uzbekistan surged to X tons, jumping by 61% on 2021. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 169%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning soared to $X in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 130% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tons) was the main destination for exports of polyester tow and staple, not carded, combed or otherwise processed for spinning from Uzbekistan, accounting for a 74% share of total exports. Moreover, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tons), eightfold. The third position in this ranking was taken by Lithuania (X tons), with a 4.8% share.

From 2017 to 2022, the average annual rate of growth in terms of volume to Russia stood at +46.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+37.7% per year) and Lithuania (+2,106.8% per year).

In value terms, Russia ($X) remains the key foreign market for polyester tow and staple, not carded, combed or otherwise processed for spinning exports from Uzbekistan, comprising 77% of total exports. The second position in the ranking was held by Kazakhstan ($X), with an 8.7% share of total exports. It was followed by Lithuania, with a 4.9% share.

From 2017 to 2022, the average annual growth rate of value to Russia amounted to +53.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+45.7% per year) and Lithuania (+1,574.5% per year).

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, waning by -9.3% against the previous year. Overall, export price indicated a strong expansion from 2017 to 2022: its price increased at an average annual rate of +5.1% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polyester tow and staple, not carded, combed or otherwise processed for spinning increased by +51.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 67%. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

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 Belarus ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+5.9%), 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 Uzbekistan

In 2022, the amount of polyester tow and staple, not carded, combed or otherwise processed for spinning imported into Uzbekistan skyrocketed to X tons, picking up by 68% on 2021. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 152%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning skyrocketed to $X in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 183% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier to Uzbekistan, accounting for a 80% share of total imports. Moreover, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was held by South Korea (X tons), with a 4.9% share.

From 2017 to 2022, the average annual growth rate of volume from China stood at +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1,199.9% per year) and South Korea (+29.1% per year).

In value terms, China ($X) constituted the largest supplier of polyester tow and staple, not carded, combed or otherwise processed for spinning to Uzbekistan, comprising 78% of total imports. The second position in the ranking was taken by India ($X), with a 6.7% share of total imports. It was followed by South Korea, with a 6% share.

From 2017 to 2022, the average annual growth rate of value from China amounted to +43.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1,390.7% per year) and South Korea (+17.2% per year).

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, growing by 13% against the previous year. Over the last five years, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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