Eastern Asia: Acrylic Staple Market 2020

Acrylic Staple Market Size in Eastern Asia

The revenue of the acrylic staple market in Eastern Asia amounted to $X in 2017, surging 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, when it surged by X% y-o-y. In that year, the acrylic staple market attained their peak level of $X. From 2012 to 2017, growth of the acrylic staple market failed to regain its momentum.

Acrylic Staple Production in Eastern Asia

The acrylic staple production amounted to X tons in 2017, approximately equating the previous year. The total output 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, when it surged by X% year-to-year. The volume of acrylic staple production peaked in 2017, and is expected to retain its growth in the near future.

Acrylic Staple Exports in Eastern Asia

In 2017, exports of acrylic tow and staple in Eastern Asia stood at X tons, jumping by X% against the previous year. The total export 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 pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, acrylic staple exports totaled $X in 2017. The total exports indicated a mild 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. Over the period under review, the acrylic staple exports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Acrylic Staple Exports by Country in Eastern Asia

China (X tons) and South Korea (X tons) represented the largest exporters of acrylic tow and staple in 2017, accounting for approx. X% and X% of total exports, respectively. Taiwan, Chinese (X tons) occupied the second position in the ranking, distantly followed by Japan (X tons). All these countries together held near X% share of total exports.

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 mixed trends in the exports figures.

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) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Acrylic Staple Export Prices by Country in Eastern Asia

The acrylic staple export price in Eastern Asia stood at $X per ton in 2017, increasing by X% against the previous year. The acrylic staple export price continues to indicate a mild decrease. The growth pace was the most rapid in 2011, an increase of X% year-to-year. In that year, the export prices for acrylic tow and staple attained their peak level of $X per ton. From 2012 to 2017, growth of the export prices for acrylic tow and staple stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; 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 Eastern Asia

In 2017, imports of acrylic tow and staple in Eastern Asia stood at X tons, coming up by X% against the previous year. The acrylic staple imports continue to indicate a slight decline. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, acrylic staple imports totaled $X in 2017. The acrylic staple imports continue to indicate a relatively flat trend pattern. Over the period under review, the acrylic staple imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Acrylic Staple Imports by Country in Eastern Asia

In 2017, China (X tons) represented the largest importer for acrylic tow and staple, generating X% of total imports. Japan (X tons) ranks second in terms of the global imports with a X% share, followed by South Korea (X%). The following importers - China, Hong Kong SAR (X tons) and Taiwan, Chinese (X tons) each accounted for a X% share of total imports.

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

In value terms, China ($X) constitutes the largest market for imported acrylic tow and staple in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, acrylic staple imports shrank by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Acrylic Staple Import Prices by Country in Eastern Asia

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

Import prices varied noticeably by the country of destination; the country with the highest import price was Taiwan, Chinese ($X per ton), while China, Hong Kong SAR ($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 a decline in the import price figures.

Source: IndexBox Platform