Indonesia: Textile Flock Market 2024

Textile Flock Market Size in Indonesia

The Indonesian textile flock market contracted slightly to $X in 2022, waning by X% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Textile flock consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Textile Flock Production in Indonesia

In value terms, textile flock production dropped to $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Textile flock production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Textile Flock Exports

Exports from Indonesia

In 2022, the amount of textile flock and dust and mill neps exported from Indonesia stood at X tons, with an increase of X% on the previous year's figure. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X,109% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, textile flock exports surged to $X in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2019 with an increase of X,816% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) and Japan (X tons) were the main destinations of textile flock exports from Indonesia.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%).

In value terms, the largest markets for textile flock exported from Indonesia were the United States ($X) and Japan ($X).

Japan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average textile flock export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, saw a dramatic decline. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced a decline.

Textile Flock Imports

Imports into Indonesia

For the third year in a row, Indonesia recorded growth in supplies from abroad of textile flock and dust and mill neps, which increased by X% to X tons in 2022. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, textile flock imports declined to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Japan (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of textile flock imports to Indonesia, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of textile flock and dust and mill neps to Indonesia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average textile flock import price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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