Eastern Asia: Metallised Yarn Market 2024

Metallised Yarn Market Size in Eastern Asia

The East Asian metallised yarn market reduced slightly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a tangible increase 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 hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Metallised Yarn Production in Eastern Asia

In value terms, metallised yarn production shrank slightly to $X in 2022 estimated in export price. The total production indicated modest 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.

Metallised Yarn Exports

Exports in Eastern Asia

In 2022, approx. X tons of metallised yarn and strip were exported in Eastern Asia; with a decrease of X% on the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. 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 shrank modestly to $X in 2022. Overall, exports saw a mild curtailment. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the metallised yarn and strip exports, with a CAGR of X% from 2012 to 2022. Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points.

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

From 2012 to 2022, the average annual growth rate of value in China totaled X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked 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 Japan ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Metallised Yarn Imports

Imports in Eastern Asia

In 2022, supplies from 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. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, metallised yarn imports dropped notably to $X in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China was the main importing country with an import of around X tons, which reached X% of total imports. Hong Kong SAR (X tons) took the second position in the ranking, followed by Taiwan (Chinese) (X tons) and South Korea (X tons). All these countries together took near X% share of total imports. Japan (X tons) took a minor share of total imports.

Imports into China decreased at an average annual rate of X% from 2012 to 2022. Taiwan (Chinese) experienced a relatively flat trend pattern. South Korea (X%), Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Taiwan (Chinese), South Korea and Japan increased by X, X, X and X percentage points, respectively.

In value terms, the largest metallised yarn importing markets in Eastern Asia were China ($X), Taiwan (Chinese) ($X) and Hong Kong SAR ($X), with a combined X% share of total imports. Japan and South Korea lagged somewhat behind, together accounting for a further X%.

Japan, 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 a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated a buoyant increase from 2012 to 2022: its price 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, metallised yarn import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Taiwan (Chinese) ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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