Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia - 2024
Contents:
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia (FOB) - 2024
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia (CIF) - 2022
- Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia
- Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia (FOB) - 2024
The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $2.0 per square meter in May 2024, which is down by -10.6% against the previous month. Overall, the export price recorded a slight setback. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices attained the peak figure at $2.4 per square meter in May 2023; however, from June 2023 to May 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($2.2 per square meter), while the average price for exports to Vietnam ($1.3 per square meter) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.2%), while the prices for the other major destinations experienced a decline.
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia (CIF) - 2022
The average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $595 per thousand square meters in 2022, increasing by 7.6% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36%. Over the period under review, average import prices attained the maximum at $979 per thousand square meters in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 South Korea ($1.3 per square meter), while the price for China ($521 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia
In 2022, the amount of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses exported from Malaysia rose sharply to 107M square meters, picking up by 10% on the year before. Overall, exports, however, saw a abrupt contraction. The exports peaked at 152M square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses surged to $56M in 2022. In general, exports, however, saw a pronounced descent. The exports peaked at $61M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 48.6 | 35.2 | 31.1 | 48.0 | -0.4% |
| Vietnam | 4.9 | 4.1 | 3.4 | 4.1 | -5.8% |
| India | 4.0 | 3.6 | 2.3 | 1.7 | -24.8% |
| Mexico | 0.8 | 0.4 | 0.4 | 1.4 | 20.5% |
| Pakistan | 0.2 | 0.5 | N/A | 0.4 | 26.0% |
| Indonesia | 0.4 | 14.4 | 5.9 | 0.1 | -37.0% |
| Others | 1.8 | 1.9 | 0.6 | 0.7 | -27.0% |
| Total | 60.7 | 60.2 | 43.8 | 56.4 | -2.4% |
Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Malaysia in 2022:
- Turkey (85.0M square meters)
- Vietnam (11.4M square meters)
- India (3.6M square meters)
- Mexico (3.5M square meters)
- Pakistan (2.2M square meters)
- Indonesia (0.3M square meters)
Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia
In 2022, purchases abroad of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses decreased by -15.9% to 24M square meters, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of 60M square meters. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses shrank to $15M in 2022. In general, imports showed a dramatic descent. Imports peaked at $31M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.0 | 22.9 | 14.2 | 11.4 | -25.0% |
| Indonesia | 1.1 | 0.8 | 0.4 | 1.1 | 0.0% |
| South Korea | 0.5 | 0.3 | 0.5 | 0.7 | 11.9% |
| Others | 2.2 | 1.3 | 1.0 | 1.4 | -14.0% |
| Total | 30.8 | 25.3 | 16.1 | 14.6 | -22.0% |
Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Malaysia in 2022:
- China (21.9M square meters)
- Indonesia (1.0M square meters)
- South Korea (0.5M square meters)
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This report provides an in-depth analysis of the man-made filament fabric market in Malaysia.
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