Woolen Fabric Market in South-Eastern Asia
Market Overview
The Southeast Asian woolen fabric market skyrocketed to $
in , with an increase of % 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). In general, consumption showed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
In value terms, woolen fabric production declined to $ in estimated in export price. In general, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of % against the previous year. The level of production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
Malaysia ( square meters) remains the largest woolen fabric producing country in South-Eastern Asia, comprising approx. % of total volume. Moreover, woolen fabric production in Malaysia exceeded the figures recorded by the second-largest producer, Lao People's Democratic Republic ( square meters), sevenfold. The third position in this ranking was taken by Singapore ( square meters), with a % share.
In Malaysia, woolen fabric production plunged by an average annual rate of -% over the period from 2007-. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (-% per year) and Singapore (-% per year).
in , with an increase of % 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). In general, consumption showed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.In value terms, woolen fabric production declined to $
in estimated in export price. In general, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of % against the previous year. The level of production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.Malaysia (
square meters) remains the largest woolen fabric producing country in South-Eastern Asia, comprising approx. % of total volume. Moreover, woolen fabric production in Malaysia exceeded the figures recorded by the second-largest producer, Lao People's Democratic Republic ( square meters), sevenfold. The third position in this ranking was taken by Singapore ( square meters), with a % share.In Malaysia, woolen fabric production plunged by an average annual rate of -
% over the period from 2007-. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (-% per year) and Singapore (-% per year).Consumption
Woolen fabric consumption skyrocketed to square meters in , jumping by % on figures. The total consumption indicated a perceptible expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. The volume of consumption peaked at square meters in 2013; however, from 2014 to , consumption failed to regain momentum.
The size of the woolen fabric market in South-Eastern Asia surged to $ in , with an increase of % 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). In general, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
square meters in , jumping by % on figures. The total consumption indicated a perceptible expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. The volume of consumption peaked at square meters in 2013; however, from 2014 to , consumption failed to regain momentum.The size of the woolen fabric market in South-Eastern Asia surged to $
in , with an increase of % 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). In general, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.Consumption by Country
The country with the largest volume of woolen fabric consumption was Indonesia ( square meters), comprising approx. % of total volume. Moreover, woolen fabric consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Vietnam ( square meters), threefold. Malaysia ( square meters) ranked third in terms of total consumption with a % share.
In Indonesia, woolen fabric consumption increased at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: Vietnam (+% per year) and Malaysia (-% per year).
In value terms, Indonesia ($) led the market, alone. The second position in the ranking was held by Vietnam ($). It was followed by Malaysia.
In Indonesia, the woolen fabric market increased at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: Vietnam (+% per year) and Malaysia (-% per year).
The countries with the highest levels of woolen fabric per capita consumption in were Malaysia ( square meters per persons), Lao People's Democratic Republic ( square meters per persons) and Singapore ( square meters per persons).
From 2007 to, the biggest increases were recorded for Indonesia (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.
square meters), comprising approx. % of total volume. Moreover, woolen fabric consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Vietnam ( square meters), threefold. Malaysia ( square meters) ranked third in terms of total consumption with a % share.In Indonesia, woolen fabric consumption increased at an average annual rate of +
% over the period from 2007-. In the other countries, the average annual rates were as follows: Vietnam (+% per year) and Malaysia (-% per year).In value terms, Indonesia ($
) led the market, alone. The second position in the ranking was held by Vietnam ($). It was followed by Malaysia.In Indonesia, the woolen fabric market increased at an average annual rate of +
% over the period from 2007-. In the other countries, the average annual rates were as follows: Vietnam (+% per year) and Malaysia (-% per year).The countries with the highest levels of woolen fabric per capita consumption in
were Malaysia ( square meters per persons), Lao People's Democratic Republic ( square meters per persons) and Singapore ( square meters per persons).From 2007 to
, the biggest increases were recorded for Indonesia (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.Market Forecast
Driven by increasing demand for woven woolen fabrics in South-Eastern Asia, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to square meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to square meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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