Southern Asia: Metallised Yarn Market 2025

Metallised Yarn Market Size in Southern Asia

The South Asian metallised yarn market fell to $X in 2022, waning by -12.1% against the previous year. In general, consumption, however, posted buoyant growth. The level of consumption peaked at $X in 2021, and then fell in the following year.

Metallised Yarn Production in Southern Asia

In value terms, metallised yarn production fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 78% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Metallised Yarn Exports

Exports in Southern Asia

In 2022, overseas shipments of metallised yarn and strip increased by 42% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 132% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, metallised yarn exports dropped to $X in 2022. Over the period under review, exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2014 when exports increased by 54% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

India prevails in exports structure, amounting to X tons, which was approx. 96% of total exports in 2022. Pakistan (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +12.7% from 2012 to 2022. At the same time, Pakistan (+37.5%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +37.5% from 2012-2022. While the share of Pakistan (+3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (-3.4 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest metallised yarn supplier in Southern Asia, comprising 93% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 3.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +4.1%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, declining by -32.4% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the export price increased by 11%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-5.4%).

Metallised Yarn Imports

Imports in Southern Asia

Metallised yarn imports fell rapidly to X tons in 2022, which is down by -16.9% on the previous year. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 79% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metallised yarn imports dropped remarkably to $X in 2022. In general, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by 58%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Pakistan was the largest importer of metallised yarn and strip in Southern Asia, with the volume of imports finishing at X tons, which was near 60% of total imports in 2022. Sri Lanka (X tons) ranks second in terms of the total imports with a 19% share, followed by Bangladesh (18%). India (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metallised yarn imports into Pakistan stood at +17.8%. At the same time, Sri Lanka (+33.3%), India (+6.7%) and Bangladesh (+4.6%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +33.3% from 2012-2022. While the share of Sri Lanka (+15 p.p.) and Pakistan (+14 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (-2.4 p.p.) and Bangladesh (-26.3 p.p.) displayed negative dynamics.

In value terms, Pakistan ($X), Sri Lanka ($X) and Bangladesh ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 92% of total imports.

In terms of the main importing countries, Sri Lanka, with a CAGR of +20.3%, recorded the highest rates of growth with regard to 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 Southern Asia stood at $X per ton in 2022, shrinking by -7.6% against the previous year. Over the period under review, the import price showed a slight decline. The growth pace was the most rapid in 2019 when the import price increased by 38%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :