Malaysia - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHat and Headgear Price in Malaysia - 2021
Contents:
- Hat and Headgear Price in Malaysia (FOB) - 2022
- Hat and Headgear Price in Malaysia (CIF) - 2021
- Hat and Headgear Exports in Malaysia
- Hat and Headgear Imports in Malaysia
Hat and Headgear Price in Malaysia (FOB) - 2022
The average hat and headgear export price stood at $16 per unit in 2022, shrinking by -61% against the previous year. Over the period under review, the export price saw a slight descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $58 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($127 per unit), while the average price for exports to Myanmar ($3.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Hat and Headgear Price in Malaysia (CIF) - 2021
In December 2021, the average hat and headgear import price amounted to $778 per thousand units, surging by 35% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1.0 per unit in September 2021; however, from October 2021 to December 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Singapore ($1.4 per unit), while the price for Thailand ($353 per thousand units) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Hat and Headgear Exports in Malaysia
In 2022, approx. 2.1M units of hats and other headgear were exported from Malaysia; increasing by 163% compared with the previous year's figure. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hat and headgear exports amounted to $35M in 2022. Over the period under review, exports, however, saw a noticeable slump. The exports peaked at $38M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Hat and Headgear in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 30.4 | 29.1 | 28.2 | 26.8 | -4.1% |
Myanmar | N/A | N/A | N/A | 6.6 | 0% |
Australia | 2.0 | 0.1 | 0.2 | 0.7 | -29.5% |
United States | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
Germany | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
Japan | 3.2 | 3.0 | 2.8 | N/A | -6.5% |
Others | 2.2 | 3.2 | 2.4 | 0.8 | -28.6% |
Total | 38.4 | 35.9 | 34.3 | 35.1 | -3.0% |
Top Export Markets for Hat and Headgear from Malaysia in 2022:
- Myanmar (1846.5K units)
- Singapore (211.5K units)
- Germany (24.0K units)
- United States (10.6K units)
- Australia (10.1K units)
- Japan (0.7K units)
Hat and Headgear Imports in Malaysia
In 2022, the amount of hats and other headgear imported into Malaysia surged to 7.7M units, growing by 63% compared with 2021 figures. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, hat and headgear imports dropped to $23M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26%. As a result, imports reached the peak of $26M, and then contracted in the following year.
Import of Hat and Headgear in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | 0.1 | 0.2 | N/A | 19.0 | 474.9% |
China | 13.7 | 14.1 | 16.9 | 3.1 | -39.1% |
Singapore | 0.7 | 1.1 | 1.4 | 0.3 | -24.6% |
Indonesia | 0.9 | 0.4 | 0.4 | 0.1 | -51.9% |
Vietnam | 0.8 | 0.5 | 1.5 | N/A | 36.9% |
Others | 4.2 | 4.4 | 5.7 | 0.7 | -45.0% |
Total | 20.3 | 20.6 | 25.9 | 23.3 | 4.7% |
Top Suppliers of Hat and Headgear to Malaysia in 2022:
- Indonesia (undefinedM units)
- Vietnam (undefinedM units)
- Myanmar (4.0M units)
- China (3.1M units)
- Singapore (0.3M units)
This report provides an in-depth analysis of the hat and headgear 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 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
- Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
- Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
- Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear
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
-
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
This report provides an in-depth analysis of the hat and headgear market in Malaysia.
This report provides an in-depth analysis of the global hat and headgear market.
This report provides an in-depth analysis of the hat and headgear market in Malaysia.
This report provides an in-depth analysis of the global hat and headgear market.
Explore the top import markets for hat and headgear in 2023. Discover key statistics and trends in the global market for headwear imports.
In value terms, hat-forms, hat bodies and hoods of felt imports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual...
In value terms, hat-shapes imports stood at $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
In value terms, knitted and crocheted hats and other headgear imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; ho...
In value terms, headgear imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations...
In value terms, head-bands, linings, covers and hat foundations imports totaled $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an averag...
In value terms, wigs, false beards, eyebrows and eyelashes imports amounted to $X in 2016. In general, wigs, false beards, eyebrows and eyelashes imports continue to indicate a strong growth. Over ...
In value terms, hat-forms, hat bodies and hoods of felt exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value decreased at an average ann...
In value terms, hat-shapes exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated so...
In value terms, knitted and crocheted hats and other headgear exports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an ...