Asia-Pacific: Metallised Yarn Market 2024

Metallised Yarn Market Size in Asia-Pacific

The Asia-Pacific metallised yarn market contracted to $X in 2022, waning by X% against the previous year. The total consumption indicated a measured expansion 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, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Metallised Yarn Production in Asia-Pacific

In value terms, metallised yarn production declined slightly to $X in 2022 estimated in export price. The total production indicated mild 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Metallised Yarn Exports

Exports in Asia-Pacific

In 2022, approx. X tons of metallised yarn and strip were exported in Asia-Pacific; leveling off at the previous year. Total exports indicated a notable 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. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, metallised yarn exports declined to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by India (X tons), committing a X% share of total exports. Japan (X tons) followed a long way behind the leaders.

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%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. India (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and India (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Metallised Yarn Imports

Imports in Asia-Pacific

In 2022, approx. X tons of metallised yarn and strip were imported in Asia-Pacific; which is down by X% compared with the year before. Over the period under review, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metallised yarn imports fell sharply to $X in 2022. In general, imports, however, recorded a measured expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Pakistan (X tons) was the key importer of metallised yarn and strip, constituting X% of total imports. Sri Lanka (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (X%). New Zealand (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%), New Zealand (X%), India (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Pakistan, Sri Lanka and New Zealand 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, Pakistan ($X), Sri Lanka ($X) and Bangladesh ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Sri Lanka, with a CAGR of X%, saw 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

The import price in Asia-Pacific stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 India (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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