South-Eastern Asia: Acrylic Staple Market 2020

Acrylic Staple Market Size in South-Eastern Asia

The revenue of the acrylic staple market in South-Eastern Asia amounted to $X in 2017, rising by X% against the previous year. The acrylic staple consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. The level of acrylic staple consumption peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Acrylic Staple Production in South-Eastern Asia

In 2017, approx. X tons of acrylic tow and staple were produced in South-Eastern Asia; declining by -X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth appeared the most rapid in 2015, with an increase of X% against the previous year. In that year, the acrylic staple production attained their peak volume of X tons. From 2016 to 2017, growth of the acrylic staple production failed to regain its momentum.

Acrylic Staple Exports in South-Eastern Asia

The exports amounted to X tons in 2017, declining by -X% against the previous year. The total exports indicated a remarkable increase from 2007 to 2017: its volume 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 acrylic staple exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Over the period under review, the acrylic staple exports attained its peak figure volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, acrylic staple exports totaled $X in 2017. The total exports indicated a pronounced expansion 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 acrylic staple exports decreased by -X% against 2014 indices. Over the period under review, the acrylic staple exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Acrylic Staple Exports by Country in South-Eastern Asia

In 2017, Thailand (X tons) represented the key exporter for acrylic tow and staple, mixed up X% of total exports. Indonesia (X tons) ranks second in terms of the global exports with a X% share, followed by Malaysia (X%) and Vietnam (X%).

From 2007 to 2017, average annual rates of growth with regard to acrylic staple exports from Thailand stood at +X%. At the same time, Malaysia (+X%), Indonesia (+X%) and Vietnam (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Vietnam (-X%), Thailand (-X%), Indonesia (-X%) and Malaysia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest acrylic staple supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Thailand amounted to +X%. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and Malaysia (+X% per year).

Acrylic Staple Export Prices by Country in South-Eastern Asia

The acrylic staple export price in South-Eastern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The acrylic staple export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Thailand ($X per ton) and Vietnam ($X per ton), while Malaysia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

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

Acrylic Staple Imports in South-Eastern Asia

The imports totaled X tons in 2017, reducing by -X% against the previous year. The total imports indicated a measured increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, acrylic staple imports amounted to $X in 2017. The total imports indicated a temperate 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 acrylic staple imports decreased by -X% against 2011 indices. Over the period under review, the acrylic staple imports attained its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Acrylic Staple Imports by Country in South-Eastern Asia

Indonesia was the major importer of acrylic tow and staple in South-Eastern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2017. Vietnam (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Thailand (X%), Malaysia (X%) and the Philippines (X%).

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

In value terms, the largest acrylic staple markets worldwide were Indonesia ($X), Vietnam ($X) and Thailand ($X), with a combined X% share of total imports.

In terms of the main importing countries , Indonesia (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced mixed trends in the imports figures.

Acrylic Staple Import Prices by Country in South-Eastern Asia

The acrylic staple import price in South-Eastern Asia stood at $X per ton in 2017, growing by X% against the previous year. The acrylic staple import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of X% y-o-y. In that year, the import prices for acrylic tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for acrylic tow and staple stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Thailand ($X per ton) and Malaysia ($X per ton), while the Philippines ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform