Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia - 2024
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia (CIF) - 2024
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia (FOB) - 2022
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia (CIF) - 2024
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $2,149 per ton in December 2023, with a decrease of -14.5% against the previous month. In general, the import price recorded a slight contraction. The most prominent rate of growth was recorded in May 2023 an increase of 26% against the previous month. Over the period under review, average import prices hit record highs at $2,901 per ton in August 2023; however, from September 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($6,077 per ton), while the price for China ($1,984 per ton) was amongst the lowest.
From March 2023 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+11.4%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia (FOB) - 2022
In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $5,374 per ton, stabilizing at the previous year. In general, the export price, however, recorded a slight downturn. The growth pace was the most rapid in 2018 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $6,024 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($7,880 per ton), while the average price for exports to India ($1,202 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 Cambodia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia
In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms imported into Malaysia fell modestly to 26K tons, remaining relatively unchanged against 2021 figures. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. As a result, imports attained the peak of 26K tons, leveling off in the following year.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms expanded remarkably to $164M in 2022. The total import value increased at an average annual rate of +12.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 89.4 | 102 | 132 | 149 | 18.6% |
| Taiwan (Chinese) | 12.8 | 7.3 | 5.8 | 6.3 | -21.0% |
| Indonesia | 1.0 | 0.9 | 1.1 | 2.2 | 30.1% |
| South Korea | 1.7 | 1.1 | 1.1 | 1.1 | -13.5% |
| Sri Lanka | 0.5 | 0.5 | 0.7 | 0.5 | 0.0% |
| Others | 10.9 | 9.2 | 8.7 | 5.1 | -22.4% |
| Total | 116 | 121 | 149 | 164 | 12.2% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Malaysia in 2022:
- China (23.1K tons)
- Taiwan (Chinese) (0.9K tons)
- Indonesia (0.4K tons)
- Sri Lanka (0.4K tons)
- South Korea (0.3K tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia
In 2022, exports of fabrics, knitted or crocheted, of a width of > 30 cms from Malaysia surged to 19K tons, growing by 30% against 2021 figures. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +111.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms surged to $104M in 2022. In general, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 61%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 52.3 | 41.1 | 67.4 | 75.9 | 13.2% |
| Turkey | 12.9 | 4.0 | 5.8 | 12.7 | -0.5% |
| Indonesia | 0.6 | 0.4 | 0.6 | 5.2 | 105.4% |
| Cambodia | 1.0 | 1.1 | 3.4 | 2.6 | 37.5% |
| Spain | 0.4 | 0.3 | 0.4 | 1.7 | 62.0% |
| Lebanon | N/A | 0.1 | N/A | 1.0 | 216.2% |
| Sri Lanka | 0.1 | N/A | N/A | 0.8 | 100.0% |
| Others | 2.8 | 2.5 | 1.8 | 3.8 | 10.7% |
| Total | 70.1 | 49.4 | 79.4 | 104 | 14.1% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Malaysia in 2022:
- Vietnam (11.3K tons)
- Turkey (4.8K tons)
- Indonesia (0.7K tons)
- Lebanon (0.5K tons)
- Sri Lanka (0.5K tons)
- Cambodia (0.4K tons)
- Spain (0.4K tons)
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