Malaysia - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fiber Price in Malaysia - 2021
Contents:
- Glass Fiber Price in Malaysia (FOB) - 2021
- Glass Fiber Price in Malaysia (CIF) - 2021
- Glass Fiber Exports in Malaysia
- Glass Fiber Imports in Malaysia
Glass Fiber Price in Malaysia (FOB) - 2021
In December 2021, the average glass fiber export price amounted to $1,942 per ton, declining by -14.7% against the previous month. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in July 2021 when the average export price increased by 45% m-o-m. Over the period under review, the average export prices hit record highs at $3,645 per ton in December 2020; however, from January 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was China ($7,186 per ton), while the average price for exports to Australia ($1,059 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fiber Price in Malaysia (CIF) - 2021
In December 2021, the average glass fiber import price amounted to $4,067 per ton, with a decrease of -29.3% against the previous month. Overall, the import price showed a mild curtailment. The pace of growth appeared the most rapid in August 2021 an increase of 56% against the previous month. As a result, import price attained the peak level of $7,981 per ton. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($18,450 per ton), while the price for Kuwait ($718 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fiber Exports in Malaysia
In 2022, after two years of decline, there was significant growth in overseas shipments of voiles, webs, mats and other articles of glass fibers, when their volume increased by 10% to 28K tons. Overall, exports, however, continue to indicate a noticeable setback.
In value terms, glass fiber exports soared to $94M in 2022. Over the period under review, exports, however, showed a deep slump.
Export of Glass Fiber in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 40.6 | 32.9 | 9.5 | 23.3 | -16.9% |
Australia | 5.7 | 8.9 | 16.8 | 13.8 | 34.3% |
South Korea | 18.3 | 12.3 | 11.5 | 13.1 | -10.5% |
Indonesia | 1.9 | 4.7 | 12.3 | 12.2 | 85.9% |
Singapore | 26.0 | 8.7 | 9.3 | 9.9 | -27.5% |
United States | 26.0 | 20.9 | 1.3 | 6.5 | -37.0% |
New Zealand | 1.1 | 1.4 | 7.7 | 1.3 | 5.7% |
Others | 12.2 | 10.1 | 11.3 | 13.7 | 3.9% |
Total | 132 | 99.8 | 79.7 | 93.7 | -10.8% |
Top Export Markets for Glass Fiber from Malaysia in 2022:
- Australia (11.5K tons)
- China (4.9K tons)
- South Korea (2.1K tons)
- Singapore (2.0K tons)
- Indonesia (2.0K tons)
- United States (1.4K tons)
- New Zealand (1.0K tons)
Glass Fiber Imports in Malaysia
Glass fiber imports into Malaysia surged to 15K tons in 2022, growing by 17% compared with 2021 figures. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, glass fiber imports surged to $66M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Glass Fiber in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 22.1 | 18.0 | 25.9 | 29.9 | 10.6% |
Singapore | 2.9 | 1.5 | 4.0 | 4.1 | 12.2% |
United Kingdom | 5.1 | 2.6 | 2.1 | 4.0 | -7.8% |
Germany | 1.6 | 2.1 | 2.3 | 3.9 | 34.6% |
United States | 4.6 | 3.0 | 2.1 | 2.6 | -17.3% |
Thailand | 0.9 | 1.6 | 1.1 | 1.6 | 21.1% |
South Korea | 1.0 | 1.0 | 0.9 | 1.0 | 0.0% |
Others | 13.2 | 18.0 | 16.5 | 18.6 | 12.1% |
Total | 51.4 | 47.8 | 54.9 | 65.6 | 8.5% |
Top Suppliers of Glass Fiber to Malaysia in 2022:
- China (12.0K tons)
- Thailand (0.8K tons)
- Germany (0.4K tons)
- Singapore (0.3K tons)
- South Korea (0.3K tons)
- United States (0.2K tons)
- United Kingdom (0.2K tons)
This report provides an in-depth analysis of the glass fiber market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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