Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia - 2024
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia (CIF) - 2024
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia (FOB) - 2024
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia (CIF) - 2024
In March 2024, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $7,071 per ton, growing by 16% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 an increase of 49% month-to-month. The import price peaked at $8,246 per ton in April 2023; however, from May 2023 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Taiwan (Chinese) ($14,595 per ton), while the price for China ($6,417 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia (FOB) - 2024
In March 2024, the average export price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $4,788 per ton, flattening at the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 9.4% month-to-month. Over the period under review, the average export prices attained the peak figure at $5,187 per ton in March 2023; however, from April 2023 to March 2024, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Cambodia.
From March 2023 to March 2024, the rate of growth in terms of prices for Cambodia amounted to -0.6% per month.
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia
In 2022, imports of fabrics; "long pile" fabrics, knitted or crocheteds into Malaysia declined rapidly to 333 tons, shrinking by -69.2% against 2021. Overall, imports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 79%.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds dropped remarkably to $2.4M in 2022. Over the period under review, imports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 159%.
Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.0 | 2.2 | 2.7 | 1.3 | -42.9% |
Taiwan (Chinese) | 1.3 | 0.1 | 2.4 | 0.9 | -11.5% |
Vietnam | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
Hong Kong SAR | N/A | N/A | 1.2 | N/A | 0% |
Thailand | N/A | N/A | 0.1 | N/A | 0% |
Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
Total | 8.6 | 2.6 | 6.6 | 2.4 | -34.7% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Malaysia in 2022:
- China (181.8 tons)
- Taiwan (Chinese) (126.5 tons)
- Thailand (11.2 tons)
- Vietnam (9.1 tons)
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia
In 2022, exports of fabrics; "long pile" fabrics, knitted or crocheteds from Malaysia skyrocketed to 386 tons, with an increase of 213% against the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds skyrocketed to $2M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cambodia | 401 | 275 | N/A | 1,697 | 61.8% |
Vietnam | 41.4 | 261 | 522 | 244 | 80.6% |
India | 63.7 | N/A | 73.7 | 12.1 | -42.5% |
Jordan | 71.4 | N/A | N/A | N/A | 0% |
Others | 32.8 | 10.5 | 5.9 | 13.6 | -25.4% |
Total | 610 | 547 | 601 | 1,967 | 47.7% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Malaysia in 2022:
- Cambodia (333.2 tons)
- Vietnam (38.0 tons)
- India (12.2 tons)
This report provides an in-depth analysis of the market for pile and terry fabric in Malaysia.
This report provides an in-depth analysis of the knitted fabric market in Malaysia.
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
This report provides an in-depth analysis of the global knitted fabric market.
This report provides an in-depth analysis of the market for pile and terry fabric in Malaysia.
This report provides an in-depth analysis of the knitted fabric market in Malaysia.
Global Pile and Terry Fabric Market Report 2018. This report provides an in-depth analysis of the global market for pile and terry fabric.
This report provides an in-depth analysis of the global knitted fabric market.
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