South-Eastern Asia: Staple Glass Fibre Articles Market 2020

Staple Glass Fibre Articles Market Size in South-Eastern Asia

The revenue of the staple glass fibre articles market in South-Eastern Asia amounted to $X in 2017, falling by -X% against the previous year. The total market indicated a mild increase 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 staple glass fibre articles consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2009, with an increase of X% y-o-y. The level of staple glass fibre articles consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Staple Glass Fibre Articles Production in South-Eastern Asia

The staple glass fibre articles production stood at X tons in 2017, growing by X% against the previous year. The total output indicated a strong expansion from 2007 to 2017: its volume 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 staple glass fibre articles production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011, when the output figure increased by X% year-to-year. In that year, the staple glass fibre articles production attained their peak volume of X tons. From 2012 to 2017, growth of the staple glass fibre articles production stood at a somewhat lower level.

Staple Glass Fibre Articles Exports in South-Eastern Asia

In 2017, exports of staple glass fibre articles in South-Eastern Asia amounted to X tons, coming down by -X% against the previous year. The staple glass fibre articles exports continue to indicate a moderate decline. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the staple glass fibre articles exports reached its peak figure volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, staple glass fibre articles exports stood at $X in 2017. The staple glass fibre articles exports continue to indicate a significant shrinkage. In that year, the staple glass fibre articles exports reached their peak level of $X. From 2015 to 2017, growth of the staple glass fibre articles exports failed to regain its momentum.

Staple Glass Fibre Articles Exports by Country in South-Eastern Asia

Malaysia (X tons) and Thailand (X tons) dominates staple glass fibre articles exports structure, together committing X% of total exports. It was distantly followed by Vietnam (X tons) and Singapore (X tons), together mixed up X% share of total exports. The Philippines (X tons) followed a long way behind the leaders.

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

In value terms, Malaysia ($X) remains the largest staple glass fibre articles supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports. It was followed by Singapore, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Malaysia amounted to -X%. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Singapore (-X% per year).

Staple Glass Fibre Articles Export Prices by Country in South-Eastern Asia

The staple glass fibre articles export price in South-Eastern Asia stood at $X per ton in 2017, reducing by -X% against the previous year. The staple glass fibre articles export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2009, when the export prices increased by X% year-to-year. Over the period under review, the export prices for staple glass fibre articles reached its peak figure level of $X per kg in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Singapore ($X per kg), while Thailand ($X per ton) was amongst the lowest.

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

Staple Glass Fibre Articles Imports in South-Eastern Asia

In 2017, staple glass fibre articles imports in South-Eastern Asia stood at X tons, dropping by -X% against the previous year. The staple glass fibre articles imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, staple glass fibre articles imports amounted to $X in 2017. The staple glass fibre articles imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Staple Glass Fibre Articles Imports by Country in South-Eastern Asia

Thailand was the largest importing country with an import of around X tons, which finished at X% of total imports. Indonesia (X tons) held the second position in the ranking, followed by Vietnam (X tons), Singapore (X tons), Malaysia (X tons) and the Philippines (X tons). All these countries together took approx. X% share of total imports.

Thailand experienced a relatively flat trend pattern of staple glass fibre articles imports. At the same time, the Philippines (+X%), Vietnam (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Singapore (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. Malaysia (X%) and Singapore (X%) significantly strengthened its position in terms of the global imports, while Indonesia, Thailand, the Philippines and Vietnam saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, the largest staple glass fibre articles markets worldwide were Vietnam ($X), Thailand ($X) and Singapore ($X), together comprising X% of total imports.

Vietnam (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Staple Glass Fibre Articles Import Prices by Country in South-Eastern Asia

The staple glass fibre articles import price in South-Eastern Asia stood at $X per ton in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform