Indonesia: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in Indonesia

The Indonesian pile and chenille fabric market fell slightly to $X in 2022, dropping by X% against the previous year. Overall, consumption recorded a perceptible shrinkage. Pile and chenille fabric consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Woven Pile Fabrics And Chenille Fabrics in Indonesia

In value terms, pile and chenille fabric production declined to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Indonesia

In 2022, overseas shipments of woven pile fabrics and chenille fabrics decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. The total export volume increased at an average annual rate of X% 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 2013 when exports increased by X%. The exports peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, pile and chenille fabric exports shrank sharply to $X in 2022. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for pile and chenille fabric exports from Indonesia, with a X% share of total exports. Moreover, pile and chenille fabric exports to Thailand exceeded the volume sent to the second major destination, Australia (X tons), sixfold. Malaysia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Malaysia (X% per year).

In value terms, Thailand ($X) remains the key foreign market for woven pile fabrics and chenille fabrics exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Singapore, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Singapore (X% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2015 a decrease of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced a decline.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Indonesia

In 2022, purchases abroad of woven pile fabrics and chenille fabrics increased by X% to X tons, rising for the fifth year in a row after five years of decline. Over the period under review, imports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, pile and chenille fabric imports skyrocketed to $X in 2022. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of pile and chenille fabric to Indonesia, with a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of woven pile fabrics and chenille fabrics to Indonesia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

Import Prices by Country

The average pile and chenille fabric import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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