South-Eastern Asia: Man-Made Filament Fabric Market 2025

Man-Made Filament Fabric Market Size in South-Eastern Asia

In 2021, the Southeast Asian man-made filament fabric market decreased by -0.5% to $X, falling for the second year in a row after five years of growth. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Man-Made Filament Fabric Production in South-Eastern Asia

In value terms, man-made filament fabric production dropped to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 13% against the previous year. As a result, production attained the peak level of $X, and then shrank in the following year.

Man-Made Filament Fabric Exports

Exports in South-Eastern Asia

After six years of decline, shipments abroad of woven fabrics of man-made filaments and staple fibers increased by 19% to X tons in 2021. In general, exports, however, saw a pronounced contraction. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, man-made filament fabric exports rose sharply to $X in 2021. Overall, exports, however, recorded a noticeable slump. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons), Vietnam (X tons), Malaysia (X tons) and Thailand (X tons) represented roughly 93% of total exports in 2021. Myanmar (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +54.4%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Indonesia ($X), Vietnam ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 82% share of total exports. These countries were followed by Malaysia, Singapore and Myanmar, which together accounted for a further 17%.

In terms of the main exporting countries, Myanmar, with a CAGR of +30.8%, recorded the highest rates of growth with regard to the value of exports, 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, waning by -5.5% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by 14%. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Myanmar ($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 (+5.4%), while the other leaders experienced mixed trends in the export price figures.

Man-Made Filament Fabric Imports

Imports in South-Eastern Asia

In 2021, supplies from abroad of woven fabrics of man-made filaments and staple fibers decreased by -0.2% to X tons, falling for the second year in a row after five years of growth. Total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -13.5% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 37%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, man-made filament fabric imports amounted to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.9% 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 decreased by -7.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 17% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of woven fabrics of man-made filaments and staple fibers, namely Vietnam, Indonesia, Myanmar and Cambodia, represented more than two-thirds of total import. Malaysia (X tons) held the next position in the ranking, followed by Thailand (X tons). All these countries together took approx. 14% share of total imports. The Philippines (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +22.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported woven fabrics of man-made filaments and staple fibers in South-Eastern Asia, comprising 45% of total imports. The second position in the ranking was held by Cambodia ($X), with a 16% share of total imports. It was followed by Indonesia, with a 16% share.

In Vietnam, man-made filament fabric imports expanded at an average annual rate of +7.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Cambodia (+9.3% per year) and Indonesia (+1.8% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, picking up by 12% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by 13%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($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 (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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