Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia - 2024

Contents:

1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia (CIF) - 2022
2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia (FOB) - 2022
3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia
4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia (CIF) - 2022

In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $139 per unit, surging by 64% against the previous year. Over the period under review, the import price recorded strong growth. The growth pace was the most rapid in 2020 when the average import price increased by 104%. As a result, import price attained the peak level of $159 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,281 per unit), while the price for China ($44 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia (FOB) - 2022

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $115 per unit in 2022, with a decrease of -23.9% against the previous year. Overall, the export price, however, continues to indicate mild growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices attained the maximum at $151 per unit in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($246 per unit), while the average price for exports to Indonesia ($19 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 the United States (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia

In 2022, approx. 9.1K units of articles of apparel, clothing accessories and other articles of furskin were imported into Malaysia; with an increase of 38% against the previous year. Overall, imports, however, recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 109% against the previous year. Over the period under review, imports of attained the maximum at 12K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin surged to $1.3M in 2022. Over the period under review, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Malaysia in 2022:

1. China (3199.0 units)
2. United States (2775.0 units)
3. Vietnam (832.0 units)
4. Germany (762.0 units)
5. India (522.0 units)
6. Italy (281.0 units)
7. United Kingdom (230.0 units)
8. Singapore (116.0 units)
9. Thailand (85.0 units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Malaysia

In 2022, overseas shipments of articles of apparel, clothing accessories and other articles of furskin were finally on the rise to reach 7.6K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic descent. Over the period under review, the exports of hit record highs at 49K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin skyrocketed to $875K in 2022. In general, exports, however, saw a sharp downturn. Over the period under review, the exports of reached the peak figure at $2.9M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Malaysia in 2022:

1. United States (3104.0 units)
2. Germany (2269.0 units)
3. Singapore (992.0 units)
4. Indonesia (580.0 units)
5. United Arab Emirates (269.0 units)
6. Australia (203.0 units)
7. Thailand (149.0 units)
8. China (3.0 units)

Source: IndexBox Market Intelligence Platform