Asia: Metallised Yarn Market 2024

Metallised Yarn Market Size in Asia

The Asian metallised yarn market reduced to $X in 2022, which is down by X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metallised Yarn Production in Asia

In value terms, metallised yarn production contracted to $X in 2022 estimated in export price. Overall, production, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Metallised Yarn Exports

Exports in Asia

Metallised yarn exports was estimated at X tons in 2022, almost unchanged from the previous year. Total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, metallised yarn exports shrank modestly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X tons) was the major exporter of metallised yarn and strip, achieving X% of total exports. It was distantly followed by India (X tons) and Turkey (X tons), together mixing up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metallised yarn exports from China stood at X%. At the same time, India (X%) and Turkey (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. While the share of India (X p.p.) and Turkey (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metallised yarn supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

In China, metallised yarn exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a perceptible decline. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the export price figures.

Metallised Yarn Imports

Imports in Asia

In 2022, purchases abroad of metallised yarn and strip decreased by X% to X tons, falling for the third year in a row after three years of growth. Total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2019 indices. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, metallised yarn imports reduced sharply to $X in 2022. Total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Pakistan represented the major importing country with an import of around X tons, which amounted to X% of total imports. Sri Lanka (X tons) took the second position in the ranking, followed by Bangladesh (X tons) and Turkey (X tons). All these countries together took near X% share of total imports. Iran (X tons), the United Arab Emirates (X tons) and India (X tons) followed a long way behind the leaders.

Imports into Pakistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Sri Lanka (X%), India (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Iran experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Pakistan, Sri Lanka and Bangladesh increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metallised yarn importing markets in Asia were Pakistan ($X), Sri Lanka ($X) and Bangladesh ($X), together accounting for X% of total imports.

Sri Lanka, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 Asia amounted to $X per ton, declining by X% against the previous year. Overall, the import price recorded a mild curtailment. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs 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 destination: amid the top importers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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