Asia: Acrylic Staple Market 2020

Acrylic Staple Market Size in Asia

The revenue of the acrylic staple market in Asia amounted to $X in 2017, going up by X% against the previous year. The acrylic staple consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. In that year, the acrylic staple market attained their peak level of $X. From 2012 to 2017, growth of the acrylic staple market stood at a somewhat lower level.

Acrylic Staple Production in Asia

The acrylic staple production totaled X tons in 2017, standing approx. at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Over the period under review, the acrylic staple production reached its peak figure volume in 2017, and is likely to see steady growth in the immediate term.

Acrylic Staple Exports in Asia

In 2017, acrylic staple exports in Asia amounted to X tons, standing approx. at the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, acrylic staple exports amounted to $X in 2017. The total exports indicated a measured increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the acrylic staple exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Acrylic Staple Exports by Country in Asia

China (X tons) and South Korea (X tons) represented the main exporters of acrylic tow and staple in 2017, finishing at near X% and X% of total exports, respectively. It was distantly followed by Taiwan, Chinese (X tons), Thailand (X tons), India (X tons) and Japan (X tons), together making up X% share of total exports. Indonesia (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic staple markets worldwide were China ($X), South Korea ($X) and Japan ($X), together accounting for X% of total exports.

China (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Acrylic Staple Export Prices by Country in Asia

In 2017, the acrylic staple export price in Asia amounted to $X per ton, rising by X% against the previous year. The acrylic staple export price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2011, an increase of X% year-to-year. In that year, the export prices for acrylic tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for acrylic tow and staple failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced a decline in the export price figures.

Acrylic Staple Imports in Asia

In 2017, imports of acrylic tow and staple in Asia amounted to X tons, flattening at the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the acrylic staple imports reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, acrylic staple imports stood at $X in 2017. The total imports indicated a slight growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the acrylic staple imports decreased by -X% against 2011 indices. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Acrylic Staple Imports by Country in Asia

In 2017, China (X tons), Turkey (X tons) and Indonesia (X tons) were the major importers of acrylic tow and staple in Asia, making up X% of total import. Vietnam (X tons) ranks second in terms of the global imports with a X% share, followed by India (X%), Pakistan (X%), Bangladesh (X%) and Iran (X%). Japan (X tons), Israel (X tons), Thailand (X tons) and Nepal (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Vietnam, India, Iran, Pakistan, Japan, Bangladesh, Israel, Thailand and Nepal lagged somewhat behind, together comprising a further X%.

Nepal (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Acrylic Staple Import Prices by Country in Asia

The acrylic staple import price in Asia stood at $X per ton in 2017, increasing by X% against the previous year. The acrylic staple import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform