Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia - 2024

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia (FOB) - 2022
2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia (CIF) - 2022
3. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia
4. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia (FOB) - 2022

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $395 per ton in 2022, reducing by -18.1% against the previous year. Overall, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18%. Over the period under review, the average export prices attained the maximum at $743 per ton in 2014; however, from 2015 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 China ($3,190 per ton), while the average price for exports to Italy ($331 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 China (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia (CIF) - 2022

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $513 per ton in 2022, falling by -6% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 61%. The import price peaked at $939 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,498 per ton), while the price for Taiwan (Chinese) ($220 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+53.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia

In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses exported from Malaysia soared to 14K tons, surging by 154% compared with the year before. In general, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $5.5M in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Malaysia in 2022:

1. Ireland (5.9K tons)
2. Italy (4.0K tons)
3. India (2.6K tons)
4. Belgium (0.5K tons)
5. Indonesia (0.3K tons)
6. United Arab Emirates (0.2K tons)
7. Turkey (0.1K tons)

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia

In 2022, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Malaysia fell rapidly to 393 tons, with a decrease of -53.3% against the previous year's figure. Over the period under review, imports faced a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of 843 tons, and then declined rapidly in the following year.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses contracted remarkably to $202K in 2022. Overall, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of $460K, and then reduced remarkably in the following year.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Malaysia in 2022:

1. Thailand (334.8 tons)
2. Taiwan (Chinese) (51.8 tons)
3. China (6.7 tons)

Source: IndexBox Market Intelligence Platform