South-Eastern Asia: Technical Textiles Market 2025

Technical Textiles Market Size in South-Eastern Asia

In 2021, the Southeast Asian technical textiles market increased by 4.8% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Technical Textiles Production in South-Eastern Asia

In value terms, technical textiles production contracted to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 38%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Technical Textiles Exports

Exports in South-Eastern Asia

Technical textiles exports soared to X tons in 2021, jumping by 22% compared with the previous year. Total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when exports increased by 27%. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, technical textiles exports rose notably to $X in 2021. The total export value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 18%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Malaysia represented the major exporting country with an export of about X tons, which reached 39% of total exports. Thailand (X tons) ranks second in terms of the total exports with a 20% share, followed by Singapore (18%), Indonesia (12%) and Vietnam (8.6%). The Philippines (X tons) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Philippines (with a CAGR of +35.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest technical textiles supplying countries in South-Eastern Asia were Singapore ($X), Thailand ($X) and Malaysia ($X), together comprising 79% of total exports. These countries were followed by Vietnam, Indonesia and the Philippines, which together accounted for a further 21%.

The Philippines, with a CAGR of +33.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, declining by -11.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1.2%), while the other leaders experienced more modest paces of growth.

Technical Textiles Imports

Imports in South-Eastern Asia

Technical textiles imports skyrocketed to X tons in 2021, picking up by 38% compared with the previous year. Total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.5% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, technical textiles imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 16%. The level of import peaked in 2021 and is likely to continue growth in the near future.

Imports by Country

In 2021, the Philippines (X tons), distantly followed by Indonesia (X tons), Thailand (X tons), Malaysia (X tons), Vietnam (X tons) and Singapore (X tons) represented the largest importers of textile products and articles for technical uses, together mixing up 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +18.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest technical textiles importing markets in South-Eastern Asia were Thailand ($X), Vietnam ($X) and Indonesia ($X), with a combined 59% share of total imports.

Among the main importing countries, Vietnam, with a CAGR of +7.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, shrinking by -18.4% against the previous year. Overall, the import price saw a perceptible setback. The pace of growth appeared the most rapid in 2018 when the import price increased by 12%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+5.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :