South-Eastern Asia: Synthetic Staple Fibre Market 2020

Synthetic Staple Fibre Market Size in South-Eastern Asia

The revenue of the synthetic staple fibre market in South-Eastern Asia amounted to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total market indicated a modest increase from 2007 to 2017: its value decreased 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 synthetic staple fibre consumption decreased by -X% against 2011 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. Over the period under review, the synthetic staple fibre market reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Synthetic Staple Fibre Exports in South-Eastern Asia

The exports totaled X tons in 2017, jumping by X% against the previous year. The total exports indicated a moderate increase 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 synthetic staple fibre exports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the synthetic staple fibre exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, synthetic staple fibre exports stood at $X in 2017. The total exports indicated a strong 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 synthetic staple fibre exports increased by +X% against 2013 indices. In that year, the synthetic staple fibre exports reached their peak level, and are likely to continue its growth in the immediate term.

Synthetic Staple Fibre Exports by Country in South-Eastern Asia

Thailand was the major exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Vietnam (X tons), achieving X% share of total exports. Malaysia (X tons) held the slight share of total exports.

Exports from Thailand increased at an average annual rate of +X% from 2007 to 2017. At the same time, Vietnam (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Malaysia, Thailand and Vietnam decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Thailand, synthetic staple fibre exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and Malaysia (+X% per year).

Synthetic Staple Fibre Export Prices by Country in South-Eastern Asia

The synthetic staple fibre export price in South-Eastern Asia stood at $X per ton in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when the export prices increased by X% against the previous year. Over the period under review, the export prices for synthetic staple fibres reached its maximum level of $X per ton in 2011; however, from 2012 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 Malaysia ($X per ton), while Thailand ($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 Malaysia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Synthetic Staple Fibre Imports in South-Eastern Asia

In 2017, approx. X tons of synthetic staple fibres were imported in South-Eastern Asia; falling by -X% against the previous year. The synthetic staple fibre imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2013, when imports increased by X% against the previous year. Over the period under review, the synthetic staple fibre imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, synthetic staple fibre imports amounted to $X in 2017. The synthetic staple fibre imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Synthetic Staple Fibre Imports by Country in South-Eastern Asia

In 2017, Indonesia (X tons) was the key importer for synthetic staple fibres, creating X% of total imports. Vietnam (X tons) took the second position in the ranking, followed by Malaysia (X tons) and Myanmar (X tons). All these countries together took near X% share of total imports. Thailand (X tons) occupied the minor share of total imports.

Imports into Indonesia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Vietnam (+X%) and Myanmar (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Malaysia experienced a relatively flat trend pattern. By contrast, Thailand (-X%) illustrated a downward trend over the same period. Indonesia (X%) and Thailand (X%) significantly strengthened its position in terms of the global imports, while Myanmar and Vietnam saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported synthetic staple fibres in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global imports. It was followed by Malaysia, with a X% share.

In Indonesia, synthetic staple fibre imports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and Malaysia (-X% per year).

Synthetic Staple Fibre Import Prices by Country in South-Eastern Asia

In 2017, the synthetic staple fibre import price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012, when the import prices increased by X% against the previous year. In that year, the import prices for synthetic staple fibres reached their peak level of $X per ton. From 2013 to 2017, growth of the import prices for synthetic staple fibres stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per ton), while Malaysia ($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 Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform