Southern Asia: Metallised Yarn Market 2024

Metallised Yarn Market Size in Southern Asia

The South Asian metallised yarn market reduced to $X in 2022, declining by X% against the previous year. Overall, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Metallised Yarn Production in Southern Asia

In value terms, metallised yarn production shrank modestly to $X in 2022 estimated in export price. The total output 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 growth pace was the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Metallised Yarn Exports

Exports in Southern Asia

In 2022, shipments abroad of metallised yarn and strip increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, metallised yarn exports dropped to $X in 2022. In general, exports enjoyed pronounced growth. The growth pace was the most rapid in 2014 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

India dominates exports structure, reaching X tons, which was near X% of total exports in 2022. Pakistan (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metallised yarn exports from India stood at X%. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by X percentage points.

In value terms, India ($X) remains the largest metallised yarn supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports.

In India, metallised yarn exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 when the export price increased by X%. 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.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Metallised Yarn Imports

Imports in Southern Asia

In 2022, approx. X tons of metallised yarn and strip were imported in Southern Asia; declining by X% compared with 2021. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metallised yarn imports reduced rapidly to $X in 2022. In general, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Pakistan (X tons) was the main importer of metallised yarn and strip, constituting X% of total imports. It was distantly followed by Sri Lanka (X tons) and Bangladesh (X tons), together constituting a X% share of total imports. India (X tons) followed a long way behind the leaders.

Imports into Pakistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Sri Lanka (X%), India (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Pakistan and Sri Lanka increased by X and X percentage points, respectively.

In value terms, the largest metallised yarn importing markets in Southern Asia were Pakistan ($X), Sri Lanka ($X) and Bangladesh ($X), together comprising X% of total imports.

Sri Lanka, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price saw a slight slump. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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