South-Eastern Asia: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in South-Eastern Asia

The Southeast Asian non-woven glass fibre articles market shrank to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in South-Eastern Asia

In value terms, non-woven glass fibre articles production fell to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports in South-Eastern Asia

In 2022, exports of non-woven glass fibre webs, felts, mattresses and boards in South-Eastern Asia declined sharply to X tons, falling by X% on 2021. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-woven glass fibre articles exports contracted remarkably to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Indonesia (X tons), comprising a X% share of total exports. The following exporters - Myanmar (X tons) and Vietnam (X tons) - together made up X% of total exports.

Exports from Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%) and Indonesia (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), Myanmar (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest non-woven glass fibre articles supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Malaysia totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports in South-Eastern Asia

In 2022, purchases abroad of non-woven glass fibre webs, felts, mattresses and boards decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined sharply in the following year.

In value terms, non-woven glass fibre articles imports fell dramatically to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

Vietnam was the main importing country with an import of about X tons, which accounted for X% of total imports. Indonesia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%) and Singapore (X%). The Philippines (X tons) and Myanmar (X tons) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the non-woven glass fibre webs, felts, mattresses and boards imports, with a CAGR of X% from 2012 to 2022. At the same time, Myanmar (X%) and the Philippines (X%) displayed positive paces of growth. By contrast, Indonesia (X%), Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported non-woven glass fibre webs, felts, mattresses and boards in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2015 an increase of X%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Myanmar ($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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