Asia: Filament Voile Market 2020

Filament Voile Market Size in Asia

The revenue of the filament voile market in Asia amounted to $X in 2017, reducing by -X% against the previous year. The total market indicated a moderate 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 filament voile consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015, when market value increased by X% against the previous year. In that year, the filament voile market reached their peak level of $X. From 2016 to 2017, growth of the filament voile market failed to regain its momentum.

Filament Voile Production in Asia

In 2017, approx. X tons of glass fibre voiles made of filaments were produced in Asia; leveling off at the previous year. The filament voile production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the filament voile production reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Filament Voile Exports in Asia

The exports stood at X tons in 2017, picking up by X% against the previous year. The filament voile exports continue to indicate a significant drop. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the filament voile exports attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, filament voile exports totaled $X in 2017. The filament voile exports continue to indicate a relatively flat trend pattern. Over the period under review, the filament voile exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Filament Voile Exports by Country in Asia

China dominates filament voile exports structure, resulting at X tons, which was approx. X% of total exports in 2017. Thailand (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%). The Philippines (X tons), Taiwan, Chinese (X tons) and South Korea (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to filament voile exports from China stood at -X%. At the same time, Thailand (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, South Korea (-X%), Japan (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Japan and Taiwan, Chinese increased by X%, X% and X% percentage points, while Thailand (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports. These countries were followed by South Korea, the Philippines and Taiwan, Chinese, which together accounted for a further X%.

South Korea (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Filament Voile Export Prices by Country in Asia

The filament voile export price in Asia stood at $X per ton in 2017, coming down by -X% against the previous year. The export price indicated a temperate increase from 2007 to 2017: its price 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 filament voile export price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2015, an increase of X% year-to-year. In that year, the export prices for glass fibre voiles made of filaments attained their peak level of $X per ton. From 2016 to 2017, growth of the export prices for glass fibre voiles made of filaments 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 ($X per kg), while China ($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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Filament Voile Imports in Asia

In 2017, the amount of glass fibre voiles made of filaments imported in Asia amounted to X tons, picking up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2010, when imports increased by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, filament voile imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the filament voile imports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Filament Voile Imports by Country in Asia

Turkey represented the key importer of glass fibre voiles made of filaments in Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2017. South Korea (X tons) ranks second in terms of the global imports with a X% share, followed by China (X%), Pakistan (X%), Japan (X%), India (X%), Iran (X%) and Thailand (X%). The following importers - Taiwan, Chinese (X tons), Malaysia (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to filament voile imports into Turkey stood at +X%. At the same time, India (+X%), Pakistan (+X%), Malaysia (+X%), Japan (+X%), Taiwan, Chinese (+X%), Iran (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Thailand, South Korea and China experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) increased significantly in terms of the global imports from 2007-2017, the share of Malaysia (-X%), Japan (-X%), India (-X%), Pakistan (-X%) and Turkey (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported glass fibre voiles made of filaments in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In Turkey, filament voile imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (+X% per year).

Filament Voile Import Prices by Country in Asia

The filament voile import price in Asia stood at $X per ton in 2017, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013, when the import prices increased by X% against the previous year. In that year, the import prices for glass fibre voiles made of filaments attained their peak level of $X per ton. From 2014 to 2017, growth of the import prices for glass fibre voiles made of filaments stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Taiwan, Chinese ($X per ton), while Thailand ($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 the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform