South-Eastern Asia: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in South-Eastern Asia

The Southeast Asian market for nets of twine, cordage, rope or textile materials contracted to $X in 2022, falling by X% against the previous year. The market value 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 in certain years. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Nets of Twine, Cordage, Rope or Textile Materials in South-Eastern Asia

In value terms, twine, cordage or textile net production contracted to $X in 2022 estimated in export price. The total output value 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 most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports in South-Eastern Asia

Twine, cordage or textile net exports shrank modestly to X tons in 2022, which is down by X% on the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then dropped modestly in the following year.

In value terms, twine, cordage or textile net exports amounted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Vietnam (X tons) and Thailand (X tons) prevails in exports structure, together constituting X% of total exports. Malaysia (X tons) ranks next in terms of the total exports with a X% share, followed by the Philippines (X%) and Indonesia (X%). Singapore (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest twine, cordage or textile net supplying countries in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total exports.

Malaysia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, showed a mild decrease. The growth pace was the most rapid in 2018 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 stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Vietnam ($X per ton) and Indonesia ($X per ton), while Malaysia ($X per ton) and Singapore ($X per ton) were amongst the lowest.

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports in South-Eastern Asia

After two years of growth, purchases abroad of nets of twine, cordage, rope or textile materials decreased by X% to X tons in 2022. Total imports indicated buoyant growth 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, twine, cordage or textile net imports declined to $X in 2022. Total imports indicated a tangible 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. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Indonesia (X tons) and Malaysia (X tons) were the major importers of nets of twine, cordage, rope or textile materials in South-Eastern Asia, together recording near X% of total imports. Vietnam (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (X%), Thailand (X%) and Myanmar (X%). Singapore (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest twine, cordage or textile net importing markets in South-Eastern Asia were Malaysia ($X), Vietnam ($X) and Indonesia ($X), together accounting for X% of total imports. Thailand, Singapore, the Philippines and Myanmar lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 South-Eastern Asia stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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 Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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