Report Update Feb 1, 2025

Eastern Asia - Artificial Staple Fibres - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Artificial Staple Fibre Market 2025

Artificial Staple Fibre Market Size in Eastern Asia

The East Asian artificial staple fibre market declined significantly to $X in 2021, with a decrease of -15.1% against the previous year. Overall, consumption saw a perceptible decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Artificial Staple Fibre Production in Eastern Asia

In value terms, artificial staple fibre production shrank dramatically to $X in 2021 estimated in export price. In general, production saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Artificial Staple Fibre Exports

Exports in Eastern Asia

In 2021, shipments abroad of artificial staple fibres decreased by -23.1% to X tons, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 51% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, artificial staple fibre exports declined notably to $X in 2021. In general, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 22%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of artificial staple fibres, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the artificial staple fibres exports, with a CAGR of -5.7% from 2012 to 2021. From 2012 to 2021, the share of China increased by +3.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest artificial staple fibre supplier in Eastern Asia.

In China, artificial staple fibre exports shrank by an average annual rate of -7.5% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, picking up by 7.5% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2016 when the export price increased by 22%. 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.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -1.9% per year.

Artificial Staple Fibre Imports

Imports in Eastern Asia

Artificial staple fibre imports surged to X tons in 2021, picking up by 36% on the previous year. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 95% against the previous year. As a result, imports reached the peak of X tons; afterwards, it flattened through to 2021.

In value terms, artificial staple fibre imports skyrocketed to $X in 2021. Overall, imports, however, showed a noticeable contraction. The growth pace was the most rapid in 2017 with an increase of 56%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Democratic People's Republic of Korea (X tons) represented the largest importer of artificial staple fibres, comprising 61% of total imports. It was distantly followed by China (X tons), constituting a 35% share of total imports. South Korea (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Democratic People's Republic of Korea (with a CAGR of +85.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X), Democratic People's Republic of Korea ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021, with a combined 97% share of total imports.

Democratic People's Republic of Korea, with a CAGR of +70.2%, 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 a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, growing by 11% against the previous year. Over the period under review, the import price, however, saw a abrupt shrinkage. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial staple fibres in Eastern Asia?

China constituted the country with the largest volume of artificial staple fibre consumption, accounting for 75% of total volume. Moreover, artificial staple fibre consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fivefold. South Korea ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of artificial staple fibres in Eastern Asia?

China remains the largest artificial staple fibre producing country in Eastern Asia, comprising approx. 76% of total volume. Moreover, artificial staple fibre production in China exceeded the figures recorded by the second-largest producer, Japan, sixfold. The third position in this ranking was occupied by South Korea, with a 5.6% share.

What are the leading exporters of artificial staple fibres in Eastern Asia?

In value terms, China remains the largest artificial staple fibre supplier in Eastern Asia, comprising 83% of total exports. The second position in the ranking was occupied by Japan, with an 8.5% share of total exports.

What are the leading importers of artificial staple fibres in Eastern Asia?

In value terms, China, Democratic People's Republic of Korea and Hong Kong SAR were the countries with the highest levels of imports in 2020, with a combined 97% share of total imports.

What is the average export price for artificial staple fibres in Eastern Asia?

The artificial staple fibre export price in Eastern Asia stood at $2,091 per ton in 2020, waning by -7.7% against the previous year.

What is the average import price for artificial staple fibres in Eastern Asia?

In 2020, the artificial staple fibre import price in Eastern Asia amounted to $2,799 per ton, picking up by 16% against the previous year.

This report provides an in-depth analysis of the artificial staple fibre market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13103200 - Artificial staple fibres, carded, combed or otherwise processed for spinning

Country coverage:

China
Hong Kong SAR
Macao SAR
Japan
South Korea
Taiwan (Chinese)
Democratic People's Republic of Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Eastern Asia, split by region and country
Trade (exports and imports) in Eastern Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024