South-Eastern Asia: Knitted Fabric Market 2020

Knitted Fabric Market Size in South-Eastern Asia

The revenue of the knitted fabric market in South-Eastern Asia amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a measured growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted fabric consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011, when market value increased by X% against the previous year. The level of knitted fabric consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Knitted Fabric Production in South-Eastern Asia

In 2017, approx. X square meters of knitted or crocheted fabrics (excluding pile fabrics) were produced in South-Eastern Asia; shrinking by -X% against the previous year. The knitted fabric production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2009, when the output figure increased by X% y-o-y. The volume of knitted fabric production peaked of X square meters in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Knitted Fabric Exports in South-Eastern Asia

In 2017, the amount of knitted or crocheted fabrics (excluding pile fabrics) exported in South-Eastern Asia amounted to X square meters, growing by X% against the previous year. The knitted fabric exports continue to indicate a drastic drop. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. The volume of exports peaked of X square meters in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, knitted fabric exports amounted to $X in 2017. The knitted fabric exports continue to indicate a deep curtailment. Over the period under review, the knitted fabric exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Knitted Fabric Exports by Country in South-Eastern Asia

In 2017, Thailand (X square meters), distantly followed by Malaysia (X square meters), the Philippines (X square meters), Indonesia (X square meters), Vietnam (X square meters) and Singapore (X square meters) were the major exporters of knitted or crocheted fabrics (excluding pile fabrics), together committing X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam (-X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, the largest knitted fabric markets worldwide were Thailand ($X), Malaysia ($X) and Vietnam ($X), with a combined X% share of total exports. Indonesia, Singapore and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main exporting countries , the Philippines (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Knitted Fabric Export Prices by Country in South-Eastern Asia

In 2017, the knitted fabric export price in South-Eastern Asia amounted to $X per thousand square meters, shrinking by -X% against the previous year. The knitted fabric export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when the export prices increased by X% against the previous year. In that year, the export prices for knitted or crocheted fabrics (excluding pile fabrics) attained their peak level of $X per square meter. From 2015 to 2017, growth of the export prices for knitted or crocheted fabrics (excluding pile fabrics) failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Vietnam ($X per square meter), while the Philippines ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

Knitted Fabric Imports in South-Eastern Asia

In 2017, approx. X square meters of knitted or crocheted fabrics (excluding pile fabrics) were imported in South-Eastern Asia; rising by X% against the previous year. The knitted fabric imports continue to indicate a slight reduction. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. In that year, the knitted fabric imports attained their peak volume of X square meters. From 2012 to 2017, growth of the knitted fabric imports stood at a somewhat lower level.

In value terms, knitted fabric imports amounted to $X in 2017. The knitted fabric imports continue to indicate a temperate curtailment. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Knitted Fabric Imports by Country in South-Eastern Asia

Indonesia represented the main importer of knitted or crocheted fabrics (excluding pile fabrics) in South-Eastern Asia, with the volume of imports amounting to X square meters, which was approx. X% of total imports in 2017. It was distantly followed by the Philippines (X square meters) and Cambodia (X square meters), together creating X% share of total imports. Vietnam (X square meters) and Thailand (X square meters) held the slight share of total imports.

Indonesia was also the fastest growing in terms of the knitted or crocheted fabrics (excluding pile fabrics) imports, with a CAGR of +X% from 2007 to 2017. At the same time, Vietnam (+X%) displayed positive paces of growth. By contrast, Cambodia (-X%), the Philippines (-X%) and Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the Philippines, Thailand and Cambodia increased by X%, X% and X% percentage points, while Indonesia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported knitted or crocheted fabrics (excluding pile fabrics) in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Indonesia stood at +X%. In the other countries, the average annual rates were as follows: the Philippines (-X% per year) and Vietnam (+X% per year).

Knitted Fabric Import Prices by Country in South-Eastern Asia

In 2017, the knitted fabric import price in South-Eastern Asia amounted to $X per thousand square meters, declining by -X% against the previous year. The knitted fabric import price continues to indicate a slight contraction. The growth pace was the most rapid in 2012, an increase of X% y-o-y. Over the period under review, the import prices for knitted or crocheted fabrics (excluding pile fabrics) reached its peak figure level of $X per thousand square meters in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per square meter), while Cambodia ($X per thousand square meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Cambodia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform