South-Eastern Asia: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in South-Eastern Asia

After two years of decline, the Southeast Asian man-made filament fabric market increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Man-Made Filament Fabric Production in South-Eastern Asia

In value terms, man-made filament fabric production expanded modestly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Man-Made Filament Fabric Exports

Exports in South-Eastern Asia

In 2022, the amount of woven fabrics of man-made filaments and staple fibers exported in South-Eastern Asia reduced to X square meters, dropping by X% on 2021 figures. Over the period under review, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, man-made filament fabric exports reached $X in 2022. In general, exports continue to indicate a noticeable decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Indonesia (X square meters) represented the largest exporter of woven fabrics of man-made filaments and staple fibers, making up X% of total exports. Malaysia (X square meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (X%) and Thailand (X%). Singapore (X square meters) 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 Malaysia (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Indonesia ($X), Thailand ($X) and Vietnam ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 square meter, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 Singapore ($X per square meter), while Malaysia ($X per square meter) 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 more modest paces of growth.

Man-Made Filament Fabric Imports

Imports in South-Eastern Asia

After two years of decline, purchases abroad of woven fabrics of man-made filaments and staple fibers increased by X% to X square meters in 2022. Total imports indicated a buoyant increase 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. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at X square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, man-made filament fabric imports expanded rapidly to $X in 2022. Total imports indicated resilient 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of man-made filament fabric imports in 2022 were Vietnam (X square meters), Myanmar (X square meters), Indonesia (X square meters) and Cambodia (X square meters), together accounting for X% of total import. It was distantly followed by Malaysia (X square meters) and Thailand (X square meters), together creating a X% share of total imports. The Philippines (X square meters) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported woven fabrics of man-made filaments and staple fibers in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with an X% share of total imports. It was followed by Cambodia, with a X% share.

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

Import Prices by Country

The import price in South-Eastern Asia stood at $X per square meter in 2022, growing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per square meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per square meter), while Malaysia ($X per square meter) 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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