Price for Artwork; Collages and Similar Decorative Plaques in Malaysia - 2022

Contents:

  1. Price for Artwork; Collages and Similar Decorative Plaques in Malaysia (CIF) - 2022
  2. Price for Artwork; Collages and Similar Decorative Plaques in Malaysia (FOB) - 2022
  3. Imports of Artwork; Collages and Similar Decorative Plaques in Malaysia
  4. Exports of Artwork; Collages and Similar Decorative Plaques in Malaysia

Price for Artwork; Collages and Similar Decorative Plaques in Malaysia (CIF) - 2022

In December 2021, the average import price for artwork; collages and similar decorative plaqueses amounted to $4,160 per ton, rising by 105% against the previous month. In general, the import price, however, saw a drastic downturn. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 120% month-to-month. Over the period under review, average import prices hit record highs at $10,686 per ton 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 Indonesia ($6,253 per ton), while the price for China ($4,082 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Artwork; Collages and Similar Decorative Plaques in Malaysia (FOB) - 2022

In 2022, the average export price for artwork; collages and similar decorative plaqueses amounted to $10,219 per ton, approximately equating the previous year. Overall, the export price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 an increase of 40% against the previous year. Over the period under review, the average export prices reached the peak figure at $13,103 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($33,716 per ton), while the average price for exports to Singapore ($7,249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.8%), while the prices for the other major destinations experienced a decline.

Imports of Artwork; Collages and Similar Decorative Plaques in Malaysia

In 2022, overseas purchases of artwork; collages and similar decorative plaqueses decreased by -35.4% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 483% against the previous year.

In value terms, imports of artwork; collages and similar decorative plaqueses reduced dramatically to $11M in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 532% against the previous year.

Import of Artwork; Collages and Similar Decorative Plaques in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.17.612.910.2110.1%
IndonesiaN/A0.10.50.4100.0%
Others0.20.51.00.751.8%
Total1.38.314.311.3105.6%

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Malaysia in 2022:

  1. China (2448.2 tons)
  2. Indonesia (83.5 tons)

Exports of Artwork; Collages and Similar Decorative Plaques in Malaysia

Exports of artwork; collages and similar decorative plaqueses from Malaysia contracted slightly to 18 tons in 2022, which is down by -2.3% compared with 2021. Over the period under review, exports recorded a significant decline.

In value terms, exports of artwork; collages and similar decorative plaqueses contracted slightly to $180K in 2022. In general, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 6%.

Export of Artwork; Collages and Similar Decorative Plaques in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore12111694.087.8-10.1%
Thailand8.017.733.831.557.9%
United States89.627.06.931.1-29.7%
Australia67.11.23.418.0-35.5%
Hong Kong SAR2.93.49.38.744.2%
New Zealand7.63.0N/AN/A-60.5%
Indonesia6.0N/A24.6N/A102.5%
Others87.05.812.92.7-68.6%
Total389174185180-22.7%

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Malaysia in 2022:

  1. Singapore (12.1 tons)
  2. United States (2.7 tons)
  3. Australia (1.3 tons)
  4. Thailand (0.9 tons)
  5. Hong Kong SAR (0.3 tons)

Source: IndexBox Market Intelligence Platform

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