Europe: Man-Made Filament Yarn Market 2024

Man-Made Filament Yarn Market Size in Europe

The Europe man-made filament yarn market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a slight setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Man-Made Filament Yarn Production in Europe

In value terms, man-made filament yarn production expanded slightly to $X in 2022 estimated in export price. Overall, production saw a mild contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Man-Made Filament Yarn Exports

Exports in Europe

In 2022, overseas shipments of man-made filament yarn increased by X% to X tons for the first time since 2015, thus ending a six-year declining trend. Overall, exports, however, recorded a noticeable setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, man-made filament yarn exports expanded rapidly to $X in 2022. In general, exports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Czech Republic was the largest exporter of man-made filament yarn in Europe, with the volume of exports recording X tons, which was near X% of total exports in 2022. Italy (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%), Germany (X%), Hungary (X%) and France (X%). The following exporters - Spain (X tons), Latvia (X tons), the Netherlands (X tons), the UK (X tons), Slovakia (X tons), Belarus (X tons) and Poland (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to man-made filament yarn exports from the Czech Republic stood at X%. At the same time, Latvia (X%), Slovakia (X%) and the UK (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Hungary and Spain experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), France (X%), Poland (X%), Belarus (X%), Germany (X%), Italy (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.), Latvia (X p.p.) and Hungary (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (X p.p.), Belgium (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X), Italy ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while France ($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 (X%), while the other leaders experienced more modest paces of growth.

Man-Made Filament Yarn Imports

Imports in Europe

In 2022, supplies from abroad of man-made filament yarn increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, showed a slight curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, man-made filament yarn imports expanded rapidly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of man-made filament yarn imports in 2022 were Belgium (X tons), the Netherlands (X tons), Italy (X tons), Germany (X tons), the UK (X tons), Denmark (X tons), Poland (X tons), Romania (X tons), Spain (X tons), Russia (X tons), France (X tons) and the Czech Republic (X tons), together finishing at X% of total import.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest man-made filament yarn importing markets in Europe were Germany ($X), Belgium ($X) and the Netherlands ($X), with a combined X% share of total imports. Italy, Denmark, the UK, Romania, the Czech Republic, Poland, France, Spain and Russia lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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