ASEAN: Primary Fiber Crops Market 2025

Primary Fiber Crops Market Size in ASEAN

The ASEAN primary fiber crops market fell to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Primary Fiber Crops Production in ASEAN

In value terms, primary fiber crops production reduced to $X in 2022 estimated in export price. In general, production, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Primary Fiber Crops Exports

Exports in ASEAN

After two years of growth, overseas shipments of fiber crops (primary) decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, primary fiber crops exports reduced to $X in 2022. Over the period under review, exports showed a pronounced slump. The growth pace was the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines (X tons) and Vietnam (X tons) represented roughly X% of total exports in 2022. Thailand (X tons) ranks next in terms of the total exports with a X% share, followed by Indonesia (X%) and Malaysia (X%). Myanmar (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Philippines ($X), Vietnam ($X) and Myanmar ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Myanmar, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, showed a pronounced setback. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Primary Fiber Crops Imports

Imports in ASEAN

In 2022, the amount of fiber crops (primary) imported in ASEAN contracted to X tons, reducing by X% against the year before. The total import volume 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 in certain years. The pace of growth was the most pronounced in 2017 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, primary fiber crops imports amounted to $X in 2022. Total imports indicated a noticeable expansion 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 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

In 2022, Vietnam (X tons) represented the largest importer of fiber crops (primary), committing X% of total imports. Indonesia (X tons) ranks second in terms of the total imports with a X% share, followed by Thailand (X%) and Malaysia (X%).

Vietnam was also the fastest-growing in terms of the fiber crops (primary) imports, with a CAGR of X% from 2012 to 2022. Indonesia (X%), Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.), Thailand (X p.p.) and Indonesia (X p.p.) displayed negative dynamics.

In value terms, the largest primary fiber crops importing markets in ASEAN were Vietnam ($X), Indonesia ($X) and Thailand ($X), together comprising X% of total imports.

Vietnam, with a CAGR of X%, saw 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

The import price in ASEAN stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform