Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia - 2024
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $5,400 per ton in 2022, dropping by -19.1% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cotton yarn (other than sewing thread), put up for retail sale decreased by -7.9% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of 88%. Over the period under review, average import prices attained the maximum at $6,677 per ton in 2021, and then contracted significantly in the following year.
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 Indonesia ($29,128 per ton), while the price for Belgium ($591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $7,273 per ton in 2022, waning by -26.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 121% against the previous year. The export price peaked at $9,846 per ton in 2021, and then shrank sharply in the following year.
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 Hong Kong SAR ($15,494 per ton), while the average price for exports to Australia ($1,176 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 Myanmar (+28.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia
In 2022, imports of cotton yarn (other than sewing thread), put up for retail sale into Malaysia soared to 126 tons, rising by 31% on the previous year's figure. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 142% against the previous year. As a result, imports reached the peak of 160 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale reached $678K in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 116% against the previous year. As a result, imports reached the peak of $715K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 92.1 | 31.7 | 232 | 359 | 57.4% |
United States | 82.1 | 355 | 273 | 238 | 42.6% |
India | 4.8 | 23.1 | 7.1 | 22.7 | 67.9% |
Thailand | 6.7 | 36.3 | 23.2 | 12.3 | 22.4% |
Australia | 1.9 | 22.4 | 20.0 | 11.1 | 80.1% |
China | 25.2 | 166 | 36.2 | 10.0 | -26.5% |
Indonesia | 25.4 | 2.0 | 4.0 | 3.7 | -47.4% |
Belgium | N/A | N/A | N/A | 1.5 | 0% |
Taiwan (Chinese) | 15.3 | 13.5 | 6.9 | 0.3 | -73.0% |
Others | 77.6 | 65.5 | 39.4 | 19.5 | -36.9% |
Total | 331 | 715 | 642 | 678 | 27.0% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Malaysia in 2022:
- United States (76.2 tons)
- France (22.4 tons)
- India (14.6 tons)
- China (4.4 tons)
- Belgium (2.5 tons)
- Australia (2.0 tons)
- Thailand (1.1 tons)
- Taiwan (Chinese) (0.3 tons)
- Indonesia (0.1 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia
In 2022, approx. 29 tons of cotton yarn (other than sewing thread), put up for retail sale were exported from Malaysia; surging by 15% compared with 2021. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 136% against the previous year. As a result, the exports attained the peak of 33 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale dropped significantly to $211K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $248K, and then reduced dramatically in the following year.
Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 24.2 | 44.0 | 139 | 135 | 77.4% |
China | 0.6 | 1.0 | 1.5 | 19.3 | 218.0% |
Sri Lanka | 0.9 | 3.9 | 32.8 | 15.6 | 158.8% |
Indonesia | 25.5 | 8.4 | 12.9 | 11.2 | -24.0% |
New Zealand | 3.3 | 2.5 | 5.8 | 4.1 | 7.5% |
Singapore | 1.4 | 2.9 | 4.6 | 2.9 | 27.5% |
Australia | 40.2 | 26.1 | 12.7 | 1.0 | -70.8% |
Iran | N/A | 52.3 | N/A | N/A | 0% |
Others | 29.4 | 32.2 | 39.2 | 21.6 | -9.8% |
Total | 126 | 173 | 248 | 211 | 18.8% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Malaysia in 2022:
- Hong Kong SAR (8.7 tons)
- China (8.0 tons)
- Sri Lanka (6.1 tons)
- Indonesia (1.8 tons)
- New Zealand (1.0 tons)
- Australia (0.9 tons)
- Singapore (0.9 tons)
This report provides an in-depth analysis of the cotton yarn market in Malaysia.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
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