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 skyrocketed to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2023, consumption 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 sharply to $X in 2023 estimated in export price. The total production indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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

Exports in ASEAN

For the fourth consecutive year, ASEAN recorded growth in shipments abroad of woven fabrics of metal thread and woven fabrics of metallised yarn, which increased by X% to X square meters in 2023. In general, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, metal thread woven fabric exports surged to $X in 2023. Overall, exports posted a strong expansion. 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 2023, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia prevails in exports structure, recording X square meters, which was near X% of total exports in 2023. It was distantly followed by Cambodia (X square meters), committing a X% share of total exports. Thailand (X square meters) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to metal thread woven fabric exports from Malaysia stood at X%. At the same time, Cambodia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. Malaysia (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest metal thread woven fabric supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Malaysia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Cambodia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per square meter in 2023, with an increase of X% against the previous year. Overall, the export price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Thailand ($X per square meter), while Cambodia ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the export price figures.

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

Imports in ASEAN

In 2023, imports of woven fabrics of metal thread and woven fabrics of metallised yarn in ASEAN soared to X square meters, surging by X% compared with 2022. Over the period under review, imports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X square meters. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, metal thread woven fabric imports declined to $X in 2023. Overall, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Singapore was the main importing country with an import of around X square meters, which reached X% of total imports. The Philippines (X square meters) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%), Malaysia (X%) and Vietnam (X%). Brunei Darussalam (X square meters) and Indonesia (X square meters) held a minor share of total imports.

Imports into Singapore increased at an average annual rate of X% from 2012 to 2023. At the same time, Brunei Darussalam (X%) displayed positive paces of growth. Moreover, Brunei Darussalam emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2023. Thailand experienced a relatively flat trend pattern. By contrast, Vietnam (X%), the Philippines (X%), Indonesia (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.), Thailand (X p.p.) and Brunei Darussalam (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Vietnam (X p.p.), Indonesia (X p.p.), the Philippines (X p.p.) and Malaysia (X p.p.) displayed negative dynamics.

In value terms, the largest metal thread woven fabric importing markets in ASEAN were Singapore ($X), Vietnam ($X) and Thailand ($X), with a combined X% share of total imports. The Philippines, Indonesia, Malaysia and Brunei Darussalam lagged somewhat behind, together accounting for a further X%.

Brunei Darussalam, 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 mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in ASEAN amounted to $X per square meter, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 2023, 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.

Source: IndexBox Platform