ASEAN: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2024

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in ASEAN

The ASEAN metal thread woven fabric market shrank to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, continues to indicate a resilient expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in ASEAN

In value terms, metal thread woven fabric production rose markedly to $X in 2022 estimated in export price. The total production indicated a moderate increase 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded 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.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports in ASEAN

In 2022, overseas shipments of woven fabrics of metal thread and woven fabrics of metallised yarn increased by X% to X square meters, rising for the second year in a row after two years of decline. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X square meters. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal thread woven fabric exports surged to $X in 2022. In general, exports showed noticeable growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X square meters) represented roughly X% of total exports in 2022.

Malaysia was also the fastest-growing in terms of the woven fabrics of metal thread and woven fabrics of metallised yarn exports, with a CAGR of X% from 2012 to 2022. While the share of Malaysia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) also remains the largest metal thread woven fabric supplier in ASEAN.

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia totaled X%.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per square meter, rising by X% against the previous year. Overall, the export price saw a temperate increase. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per square meter in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports in ASEAN

In 2022, metal thread woven fabric imports in ASEAN dropped rapidly to X square meters, waning by X% compared with the previous year. In general, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X square meters. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, metal thread woven fabric imports fell sharply to $X in 2022. Overall, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Cambodia (X square meters) was the major importer of woven fabrics of metal thread and woven fabrics of metallised yarn, creating X% of total imports. It was distantly followed by Vietnam (X square meters), mixing up a X% share of total imports. The Philippines (X square meters) followed a long way behind the leaders.

Cambodia was also the fastest-growing in terms of the woven fabrics of metal thread and woven fabrics of metallised yarn imports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%) displayed positive paces of growth. By contrast, the Philippines (X%) illustrated a downward trend over the same period. Cambodia (X p.p.) significantly strengthened its position in terms of the total imports, while Vietnam and the Philippines saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) constitutes the largest market for imported woven fabrics of metal thread and woven fabrics of metallised yarn in ASEAN, comprising X% of total imports. The second position in the ranking was held by Cambodia ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per square meter, rising by X% against the previous year. In general, the import price, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2017 to 2022, the import prices remained at a lower figure.

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 ($X per square meter), while Cambodia ($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 a decline in the import price figures.

Source: IndexBox Platform

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