South-Eastern Asia: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2024

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in South-Eastern Asia

The Southeast Asian knitted shawl and scarf market rose to $X in 2022, picking up by X% against the previous year. The total consumption indicated a buoyant 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in South-Eastern Asia

In value terms, knitted shawl and scarf production dropped to $X in 2022 estimated in export price. The total production indicated a strong 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, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports in South-Eastern Asia

In 2022, shipments abroad of shawls, scarves and the like of knitted or crocheted textiles decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, knitted shawl and scarf exports contracted to $X in 2022. In general, exports, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Myanmar (X units) was the main exporter of shawls, scarves and the like of knitted or crocheted textiles, achieving X% of total exports. The Philippines (X units) held the second position in the ranking, distantly followed by Malaysia (X units), Thailand (X units) and Vietnam (X units). All these countries together held near X% share of total exports. Cambodia (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Myanmar ($X) and Thailand ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

In 2022, the export price in South-Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. In general, the export price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the Philippines ($X per unit) 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 Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports in South-Eastern Asia

In 2022, imports of shawls, scarves and the like of knitted or crocheted textiles in South-Eastern Asia totaled X units, with an increase of X% against the year before. Over the period under review, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, knitted shawl and scarf imports surged to $X in 2022. In general, imports enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Malaysia represented the main importing country with an import of about X units, which amounted to X% of total imports. Thailand (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%), Vietnam (X%) and the Philippines (X%). Indonesia (X units) and Brunei Darussalam (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to knitted shawl and scarf imports into Malaysia stood at X%. At the same time, Thailand (X%), Vietnam (X%), the Philippines (X%), Indonesia (X%), Brunei Darussalam (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. While the share of Malaysia (X p.p.), Thailand (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest knitted shawl and scarf importing markets in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Vietnam ($X), with a combined X% share of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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