Report South-Eastern Asia - Artificial Staple Fibres - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

South-Eastern Asia - Artificial Staple Fibres - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Artificial Staple Fibre Market 2024

Artificial Staple Fibre Market Size in South-Eastern Asia

The Southeast Asian artificial staple fibre market skyrocketed to $X in 2022, growing by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Artificial Staple Fibre Production in South-Eastern Asia

In value terms, artificial staple fibre production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a mild slump. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Artificial Staple Fibre Exports

Exports in South-Eastern Asia

For the sixth consecutive year, South-Eastern Asia recorded growth in shipments abroad of artificial staple fibres, which increased by X% to X tons in 2022. Over the period under review, exports continue to indicate strong growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, artificial staple fibre exports rose notably to $X in 2022. Overall, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of artificial staple fibres, namely Vietnam, represented more than two-thirds of total export.

Vietnam was also the fastest-growing in terms of the artificial staple fibres exports, with a CAGR of X% from 2012 to 2022. While the share of Vietnam (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) also remains the largest artificial staple fibre supplier in South-Eastern Asia.

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

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, which is down by X% against the previous year. Overall, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Vietnam.

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

Artificial Staple Fibre Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of artificial staple fibres decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a mild slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, artificial staple fibre imports dropped sharply to $X in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Cambodia (X tons) and Vietnam (X tons) represented roughly X% of total imports in 2022. Malaysia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%). The Philippines (X tons) took a relatively small share of total imports.

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

In value terms, Vietnam ($X) constitutes the largest market for imported artificial staple fibres in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam totaled X%. In the other countries, the average annual rates were as follows: Cambodia (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 an increase of X%. The level of import peaked at $X per ton in 2016; however, from 2017 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 Vietnam ($X per ton), while Cambodia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of artificial staple fibre consumption was Indonesia, comprising approx. 47% of total volume. Moreover, artificial staple fibre consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Vietnam, threefold. The third position in this ranking was taken by Thailand, with a 13% share.
Indonesia remains the largest artificial staple fibre producing country in South-Eastern Asia, comprising approx. 45% of total volume. Moreover, artificial staple fibre production in Indonesia exceeded the figures recorded by the second-largest producer, Vietnam, twofold. Thailand ranked third in terms of total production with a 13% share.
In value terms, Vietnam remains the largest artificial staple fibre supplier in South-Eastern Asia.
In value terms, Vietnam constitutes the largest market for imported artificial staple fibres in South-Eastern Asia, comprising 58% of total imports. The second position in the ranking was held by Cambodia, with a 13% share of total imports. It was followed by Thailand, with a 12% share.
In 2022, the export price in South-Eastern Asia amounted to $665 per ton, dropping by -54.7% against the previous year.
In 2022, the import price in South-Eastern Asia amounted to $2,187 per ton, falling by -7.9% against the previous year.

This report provides an in-depth analysis of the artificial staple fibre market in South-Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13103200 - Artificial staple fibres, carded, combed or otherwise processed for spinning

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in South-Eastern Asia, split by region and country
  • Trade (exports and imports) in South-Eastern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Brunei Darussalam
    • Cambodia
    • Indonesia
    • Malaysia
    • Myanmar
    • Philippines
    • Singapore
    • Thailand
    • Timor-Leste
    • Vietnam
    • Lao People's Democratic Republic
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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