Asia: Machine-Made Lace Market 2020

Machine-Made Lace Market Size in Asia

The revenue of the machine-made lace market in Asia amounted to $X in 2017, dropping by -X% against the previous year. The machine-made lace consumption continues to indicate a pronounced increase. The growth pace was the most rapid in 2013, when it surged by X% y-o-y. The level of machine-made lace consumption peaked of $X in 2016, and then declined slightly in the following year.

Machine-Made Lace Production in Asia

In 2017, the amount of machine-made lace in the piece produced in Asia totaled X tons, going up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016, when the output figure increased by X% y-o-y. Over the period under review, the machine-made lace production attained its maximum volume in 2017, and is likely to see steady growth in the near future.

Machine-Made Lace Exports in Asia

In 2017, approx. X tons of machine-made lace in the piece were exported in Asia; picking up by X% against 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The volume of exports peaked of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, machine-made lace exports stood at $X in 2017. The total exports indicated a prominent 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 machine-made lace exports decreased by -X% against 2015 indices. Over the period under review, the machine-made lace exports attained its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Machine-Made Lace Exports by Country in Asia

In 2017, China (X tons) was the major exporter for machine-made lace in the piece, committing X% of total exports. It was distantly followed by China, Hong Kong SAR (X tons), achieving X% share of total exports. Thailand (X tons) and Turkey (X tons) took the weak share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Thailand and Turkey experienced a relatively flat trend pattern. While the share of China, Hong Kong SAR (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest machine-made lace supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

In China, machine-made lace exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and Thailand (-X% per year).

Machine-Made Lace Export Prices by Country in Asia

The machine-made lace export price in Asia stood at $X per kg in 2017, reducing by -X% against the previous year. The machine-made lace export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when the export prices increased by X% year-to-year. The level of export price peaked of $X per kg in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was China, Hong Kong SAR ($X per kg), while China ($X per kg) was amongst the lowest.

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

Machine-Made Lace Imports in Asia

In 2017, the amount of machine-made lace in the piece imported in Asia totaled X tons, growing by X% against the previous year. The machine-made lace imports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, machine-made lace imports stood at $X in 2017. The total imports indicated a prominent 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 machine-made lace imports increased by +X% against 2009 indices. Over the period under review, the machine-made lace imports reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Machine-Made Lace Imports by Country in Asia

In 2017, India (X tons), distantly followed by China, Hong Kong SAR (X tons), Bangladesh (X tons), Pakistan (X tons), China (X tons), Sri Lanka (X tons), Vietnam (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) were the major importers of machine-made lace in the piece, together creating X% of total imports. Indonesia (X tons) took the slight share of total imports.

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

In value terms, the largest machine-made lace markets worldwide were China, Hong Kong SAR ($X), Vietnam ($X) and Bangladesh ($X), together comprising X% of total imports. These countries were followed by China, Sri Lanka, India, Indonesia, the United Arab Emirates, Pakistan and Saudi Arabia, which together accounted for a further X%.

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

Machine-Made Lace Import Prices by Country in Asia

In 2017, the machine-made lace import price in Asia amounted to $X per kg, dropping by -X% against the previous year. The machine-made lace import price continues to indicate a significant descent. The pace of growth was the most pronounced in 2014, an increase of X% year-to-year. In that year, the import prices for machine-made lace in the piece reached their peak level of $X per kg. From 2015 to 2017, growth of the import prices for machine-made lace in the piece 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 Vietnam ($X per kg), while Pakistan ($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 Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform