Southern Asia: Synthetic Staple Fibre Market 2020

Synthetic Staple Fibre Market Size in Southern Asia

The revenue of the synthetic staple fibre market in Southern Asia amounted to $X in 2017, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The synthetic staple fibre consumption continues to indicate a deep descent. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. The level of synthetic staple fibre consumption peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Synthetic Staple Fibre Exports in Southern Asia

The exports stood at X tons in 2017, increasing by X% against the previous year. The synthetic staple fibre exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when exports increased by X% y-o-y. Over the period under review, the synthetic staple fibre exports attained its peak figure volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, synthetic staple fibre exports stood at $X in 2017. The total exports indicated a tangible increase 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. Over the period under review, the synthetic staple fibre exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Synthetic Staple Fibre Exports by Country in Southern Asia

In 2017, Nepal (X tons) represented the largest exporter for synthetic staple fibres, making up X% of total exports. It was distantly followed by India (X tons), comprising X% share of total exports. Bangladesh (X tons) and Pakistan (X tons) occupied the mild share of total exports.

Nepal was also the fastest growing in terms of the synthetic staple fibres exports, with a CAGR of +X% from 2007 to 2017. At the same time, Bangladesh (+X%) displayed positive paces of growth. By contrast, Pakistan (-X%) and India (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India and Pakistan increased by X% and X% percentage points, while Bangladesh (-X%) and Nepal (-X%) saw their share reduced.

In value terms, Nepal ($X) remains the largest synthetic staple fibre supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Bangladesh, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Nepal amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (-X% per year) and Bangladesh (+X% per year).

Synthetic Staple Fibre Export Prices by Country in Southern Asia

The synthetic staple fibre export price in Southern Asia stood at $X per ton in 2017, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% against the previous year. Over the period under review, the export prices for synthetic staple fibres attained its maximum level in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Bangladesh ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

Synthetic Staple Fibre Imports in Southern Asia

The imports amounted to X tons in 2017, declining by -X% against the previous year. The synthetic staple fibre imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. In that year, the synthetic staple fibre imports reached their peak volume of X tons. From 2011 to 2017, growth of the synthetic staple fibre imports failed to regain its momentum.

In value terms, synthetic staple fibre imports totaled $X in 2017. The synthetic staple fibre imports continue to indicate a deep deduction. In that year, the synthetic staple fibre imports attained their peak level of $X. From 2011 to 2017, growth of the synthetic staple fibre imports stood at a somewhat lower level.

Synthetic Staple Fibre Imports by Country in Southern Asia

The countries with the highest levels of synthetic staple fibre imports in 2017 were Pakistan (X tons), Bangladesh (X tons) and India (X tons), together amounting to X% of total import. Sri Lanka (X tons) held the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sri Lanka (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, Pakistan ($X), India ($X) and Bangladesh ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Sri Lanka, which accounted for a further X%.

Sri Lanka (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Synthetic Staple Fibre Import Prices by Country in Southern Asia

The synthetic staple fibre import price in Southern Asia stood at $X per ton in 2017, rising by X% against the previous year. The import price indicated a remarkable expansion from 2007 to 2017: its price 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 synthetic staple fibre import price increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2015, when the import prices increased by X% y-o-y. Over the period under review, the import prices for synthetic staple fibres reached its maximum level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform