Report South-Eastern Asia - Horsehair - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

South-Eastern Asia - Horsehair - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Horsehair Market 2022

Horsehair Market Size in South-Eastern Asia

The Southeast Asian horsehair market soared to $X in 2021, growing by X% against the previous year. Overall, consumption, however, saw a perceptible curtailment. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Horsehair Production in South-Eastern Asia

In value terms, horsehair production fell to $X in 2021 estimated in export price. Overall, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020, and then shrank in the following year.

Thailand (X tons) constituted the country with the largest volume of horsehair production, comprising approx. X% of total volume. Moreover, horsehair production in Thailand exceeded the figures recorded by the second-largest producer, Singapore (X tons), twofold.

In Thailand, horsehair production remained relatively stable over the period from 2012-2021.

Horsehair Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of horsehair decreased by -X% to X kg, falling for the third consecutive year after two years of growth. Overall, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, horsehair exports contracted sharply to $X in 2021. In general, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia dominates exports structure, resulting at X kg, which was approx. X% of total exports in 2021. It was distantly followed by Indonesia (X kg), generating a X% share of total exports. Thailand (X kg) held a minor share of total exports.

Malaysia was also the fastest-growing in terms of the horsehair exports, with a CAGR of +X% from 2012 to 2021. Indonesia (-X%) and Thailand (-X%) illustrated a downward trend over the same period. Malaysia (+X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Thailand saw its share reduced by -X% and -X% from 2012 to 2021, respectively.

In value terms, Malaysia ($X) remains the largest horsehair supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports.

In Malaysia, horsehair exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-X% per year) and Thailand (-X% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Horsehair Imports

Imports in South-Eastern Asia

In 2021, overseas purchases of horsehair were finally on the rise to reach X tons after two years of decline. Overall, imports, however, showed a pronounced descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, horsehair imports skyrocketed to $X in 2021. In general, imports, however, recorded a perceptible decline. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Vietnam (X tons) represented the major importer of horsehair, constituting X% of total imports. Indonesia (X tons) held the second position in the ranking, followed by Myanmar (X tons) and Cambodia (X tons). All these countries together took approx. X% share of total imports. The following importers - the Philippines (X tons) and Malaysia (X tons) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to horsehair imports into Vietnam stood at -X%. At the same time, Cambodia (+X%), the Philippines (+X%) and Myanmar (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +X% from 2012-2021. By contrast, Indonesia (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. Myanmar (+X p.p.), Cambodia (+X p.p.) and the Philippines (less than X p.p.) significantly strengthened its position in terms of the total imports, while Indonesia, Malaysia and Vietnam saw its share reduced by less than X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, Vietnam ($X) constitutes the largest market for imported horsehair in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Vietnam amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and the Philippines (+X% per year).

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, growing by X% against the previous year. Overall, the import price posted pronounced growth. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of horsehair consumption was Myanmar, accounting for 40% of total volume. Moreover, horsehair consumption in Myanmar exceeded the figures recorded by the second-largest consumer, Thailand, twofold. Indonesia ranked third in terms of total consumption with a 15% share.
The countries with the highest volumes of horsehair production in 2020 were Singapore and Thailand.
In value terms, Vietnam remains the largest horsehair supplier in South-Eastern Asia, comprising 62% of total exports. The second position in the ranking was occupied by Malaysia, with a 30% share of total exports.
In value terms, the Philippines, Thailand and Indonesia were the countries with the highest levels of imports in 2020, with a combined 82% share of total imports.
The horsehair export price in South-Eastern Asia stood at $2,863 per ton in 2020, reducing by -86% against the previous year.
In 2020, the horsehair import price in South-Eastern Asia amounted to $18,588 per ton, falling by -21.7% against the previous year.

This report provides an in-depth analysis of the horsehair market in South-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:

  • FCL 1030 - Fine goat hair
  • FCL 1031 - Coarse goat hair
  • FCL 1100 - Hair of horses
  • FCL 1218 - Hair, fine
  • FCL 1219 - Hair, coarse nes

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in South-Eastern Asia, split by region and country
  • Trade (exports and imports) in South-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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. PRODUCING ANIMALS AND YIELD BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Brunei Darussalam
    • Cambodia
    • Indonesia
    • Malaysia
    • Myanmar
    • Philippines
    • Singapore
    • Thailand
    • Timor-Leste
    • Vietnam
    • Lao People's Democratic Republic
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption, by Country, 2022–2024
    5. Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Producing Animals, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Yield, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Imports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    9. Imports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    10. Import Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    11. Exports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    12. Exports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    13. Export Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
  13. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Consumption, by Country, 2024
    4. Market Volume Forecast to 2035
    5. Market Value Forecast to 2035
    6. Market Size and Growth, by Product
    7. Average Per Capita Consumption, by Product
    8. Exports and Growth, by Product
    9. Export Prices and Growth, by Product
    10. Production Volume and Growth
    11. Yield and Growth
    12. Exports and Growth
    13. Export Prices and Growth
    14. Market Size and Growth
    15. Per Capita Consumption
    16. Imports and Growth
    17. Import Prices
    18. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    19. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    20. Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
    21. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Producing Animals, by Country, 2024
    24. Producing Animals, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Imports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Import Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    36. Exports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    37. Export Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)

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