Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia - 2024
Contents:
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia (CIF) - 2022
- Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia (FOB) - 2022
- Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia
- Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia (CIF) - 2022
The average import price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $981 per ton in 2022, which is down by -25.9% against the previous year. In general, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 54%. The import price peaked at $3,830 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,498 per ton), while the price for Hong Kong SAR ($497 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+22.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia (FOB) - 2022
The average export price for cotton; waste other than garnetted stock and yarn (including thread) waste stood at $661 per ton in 2022, increasing by 13% against the previous year. In general, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23%. The export price peaked at $1,182 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($663 per ton), while the average price for exports to Singapore amounted to $372 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia
In 2022, approx. 2.4K tons of cotton; waste other than garnetted stock and yarn (including thread) waste were imported into Malaysia; dropping by -23.8% against the previous year's figure. In general, imports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 8.6% against the previous year.
In value terms, imports of cotton; waste other than garnetted stock and yarn (including thread) waste shrank markedly to $2.3M in 2022. Over the period under review, imports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 26%.
| Import of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,240 | 415 | 309 | 539 | -24.2% |
| Pakistan | 621 | 476 | 994 | 480 | -8.2% |
| Indonesia | 95.6 | 332 | 30.5 | 390 | 59.8% |
| India | 1,130 | 159 | 171 | 226 | -41.5% |
| United States | 62.0 | 303 | 1,853 | 204 | 48.7% |
| Taiwan (Chinese) | 331 | 160 | 86.5 | 127 | -27.3% |
| Italy | 88.6 | 13.7 | N/A | 103 | 5.1% |
| Hong Kong SAR | N/A | N/A | N/A | 83.1 | 0% |
| South Africa | 91.3 | 37.4 | 64.4 | 59.3 | -13.4% |
| China | 979 | 138 | 27.9 | 17.8 | -73.7% |
| Thailand | 190 | 168 | 67.5 | 1.7 | -79.2% |
| Turkey | 2,240 | 838 | 243 | N/A | -67.1% |
| Others | 691 | 252 | 318 | 119 | -44.4% |
| Total | 7,761 | 3,293 | 4,165 | 2,350 | -32.8% |
Top Suppliers of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste to Malaysia in 2022:
- Pakistan (518.4 tons)
- Vietnam (429.8 tons)
- Indonesia (330.9 tons)
- United States (180.6 tons)
- Hong Kong SAR (167.3 tons)
- India (151.0 tons)
- Taiwan (Chinese) (148.6 tons)
- Italy (141.8 tons)
- South Africa (93.8 tons)
- China (20.8 tons)
- Thailand (2.0 tons)
Exports of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia
In 2022, approx. 380 tons of cotton; waste other than garnetted stock and yarn (including thread) waste were exported from Malaysia; with a decrease of -24.5% compared with 2021 figures. Over the period under review, exports saw a dramatic slump.
In value terms, exports of cotton; waste other than garnetted stock and yarn (including thread) waste contracted to $251K in 2022. In general, exports continue to indicate a sharp curtailment.
| Export of Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 566 | 297 | 153 | 250 | -23.8% |
| Japan | 54.3 | 35.5 | 31.9 | N/A | -23.4% |
| Thailand | 66.0 | 16.3 | 6.3 | N/A | -69.1% |
| Vietnam | N/A | 103 | 33.1 | N/A | -67.9% |
| Others | 198 | 3.0 | 69.0 | 1.1 | -82.3% |
| Total | 884 | 456 | 294 | 251 | -34.3% |
Top Export Markets for Cotton; Waste Other than Garnetted Stock and Yarn (Including Thread) Waste from Malaysia in 2022:
- Taiwan (Chinese) (377.1 tons)
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