South-Eastern Asia: Glass Fibre Fabrics Market 2024

Glass Fibre Fabrics Market Size in South-Eastern Asia

In 2022, after four years of growth, there was decline in the Southeast Asian glass fibre fabrics market, when its value decreased by X% to $X. The total consumption indicated a pronounced 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. Over the period under review, the market attained the maximum level at $X in 2021, and then declined modestly in the following year.

Glass Fibre Fabrics Production in South-Eastern Asia

In value terms, glass fibre fabrics production soared to $X in 2022 estimated in export price. The total production indicated strong growth 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 increased by X% against 2015 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Glass Fibre Fabrics Exports

Exports in South-Eastern Asia

In 2022, exports of glass fibre fabrics in South-Eastern Asia shrank to X tons, declining by X% on the previous year's figure. Total exports indicated a temperate expansion 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, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, glass fibre fabrics exports totaled $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Thailand was the largest exporter of glass fibre fabrics in South-Eastern Asia, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. Malaysia (X tons) held the second position in the ranking, distantly followed by Singapore (X tons), Cambodia (X tons) and Vietnam (X tons). All these countries together took near X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to glass fibre fabrics exports from Thailand stood at X%. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%), Cambodia (X%) and Vietnam (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Cambodia, Malaysia and Thailand increased by X, X and X percentage points, respectively.

In value terms, the largest glass fibre fabrics supplying countries in South-Eastern Asia were Thailand ($X), Malaysia ($X) and Vietnam ($X), with a combined X% share of total exports.

Malaysia, 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a slight contraction. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Thailand ($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.

Glass Fibre Fabrics Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of glass fibre fabrics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then declined dramatically in the following year.

In value terms, glass fibre fabrics imports fell dramatically to $X in 2022. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, Vietnam (X tons) and Malaysia (X tons) were the largest importers of glass fibre fabrics in South-Eastern Asia, together amounting to near X% of total imports. Indonesia (X tons) ranks next in terms of the total imports with a X% share, followed by Singapore (X%) and the Philippines (X%). Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Malaysia ($X), Vietnam ($X) and Singapore ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Philippines, Indonesia and Thailand lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a mild curtailment. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

Frequently Asked Questions (FAQ) :