Asia-Pacific: Metallised Yarn Market 2025

Metallised Yarn Market Size in Asia-Pacific

The Asia-Pacific metallised yarn market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption showed a buoyant expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Metallised Yarn Production in Asia-Pacific

In value terms, metallised yarn production expanded rapidly to $X in 2021 estimated in export price. Overall, production saw strong growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 76% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Metallised Yarn Exports

Exports in Asia-Pacific

In 2021, the amount of metallised yarn and strip exported in Asia-Pacific was estimated at X tons, picking up by 4.5% on the previous year. Over the period under review, exports enjoyed a tangible increase. The growth pace was the most rapid in 2017 when exports increased by 235%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, metallised yarn exports rose notably to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by 8.8%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China represented the major exporting country with an export of around X tons, which accounted for 81% of total exports. It was distantly followed by India (X tons), mixing up a 13% share of total exports.

Exports from China increased at an average annual rate of +5.6% from 2012 to 2021. At the same time, India (+10.7%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +10.7% from 2012-2021. From 2012 to 2021, the share of China and India increased by +6.9 and +5.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metallised yarn supplier in Asia-Pacific, comprising 73% of total exports. The second position in the ranking was taken by India ($X), with a 7.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China totaled +3.3%.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, rising by 3.6% against the previous year. Overall, the export price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the export price increased by 188% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while India totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-2.1%).

Metallised Yarn Imports

Imports in Asia-Pacific

Metallised yarn imports expanded to X tons in 2021, increasing by 3.9% against the year before. In general, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of 55%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, metallised yarn imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a buoyant increase. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Pakistan represented the key importing country with an import of around X tons, which resulted at 62% of total imports. Bangladesh (X tons) took the second position in the ranking, followed by Sri Lanka (X tons). All these countries together took approx. 23% share of total imports. The following importers - Indonesia (X tons), New Zealand (X tons), India (X tons) and Hong Kong SAR (X tons) - together made up 10% of total imports.

From 2012 to 2021, average annual rates of growth with regard to metallised yarn imports into Pakistan stood at +24.0%. At the same time, Sri Lanka (+31.9%), New Zealand (+25.0%), India (+10.8%), Indonesia (+9.2%) and Bangladesh (+5.8%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +31.9% from 2012-2021. By contrast, Hong Kong SAR (-12.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Pakistan, Sri Lanka and New Zealand increased by +36, +6.6 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metallised yarn importing markets in Asia-Pacific were Pakistan ($X), Sri Lanka ($X) and India ($X), with a combined 69% share of total imports.

India, with a CAGR of +26.7%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, surging by 26% against the previous year. Over the period under review, the import price, however, recorded a noticeable contraction. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+14.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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