South-Eastern Asia: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in South-Eastern Asia

The Southeast Asian cotton embroidery market was estimated at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption recorded a measured increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cotton Embroidery Production in South-Eastern Asia

In value terms, cotton embroidery production stood at $X in 2022 estimated in export price. The total production indicated a perceptible 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Cotton Embroidery Exports

Exports in South-Eastern Asia

In 2022, the amount of cotton embroidery in the piece exported in South-Eastern Asia soared to X tons, increasing by X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton embroidery exports skyrocketed to $X in 2022. Total exports indicated a modest 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. 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

Thailand dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. Indonesia (X tons) followed a long way behind the leaders.

Thailand experienced a relatively flat trend pattern with regard to volume of exports of cotton embroidery in the piece. Indonesia (X%) illustrated a downward trend over the same period. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Thailand ($X) remains the largest cotton embroidery supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports.

In Thailand, cotton embroidery exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Indonesia totaled $X per ton.

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

Cotton Embroidery Imports

Imports in South-Eastern Asia

After two years of decline, purchases abroad of cotton embroidery in the piece increased by X% to X tons in 2022. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cotton embroidery imports rose rapidly to $X in 2022. Over the period under review, imports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia (X tons), Vietnam (X tons) and Thailand (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Singapore (X tons), creating a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest cotton embroidery importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Thailand ($X), with a combined X% share of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 South-Eastern Asia stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated prominent growth 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, cotton embroidery import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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