Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia - 2024
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia (FOB) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia (CIF) - 2022
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia
- 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.
Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 1,408 | 697 | 508 | 2,022 | 12.8% |
Italy | 438 | 471 | 817 | 1,326 | 44.7% |
India | 823 | 459 | 819 | 1,189 | 13.0% |
Belgium | 56.8 | 144 | 133 | 298 | 73.8% |
United Arab Emirates | N/A | N/A | N/A | 258 | 0% |
Indonesia | N/A | 27.2 | 10.2 | 183 | 159.4% |
Turkey | 739 | 165 | 218 | 55.8 | -57.7% |
South Korea | 172 | 115 | 37.6 | N/A | -53.2% |
Thailand | 360 | 28.7 | N/A | N/A | -92.0% |
Others | 540 | 102 | 113 | 189 | -29.5% |
Total | 4,538 | 2,209 | 2,656 | 5,520 | 6.7% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Malaysia in 2022:
- Ireland (5.9K tons)
- Italy (4.0K tons)
- India (2.6K tons)
- Belgium (0.5K tons)
- Indonesia (0.3K tons)
- United Arab Emirates (0.2K tons)
- 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.
Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 233 | 320 | 404 | 180 | -8.2% |
Taiwan (Chinese) | N/A | N/A | N/A | 11.4 | 0% |
China | N/A | 42.7 | 7.7 | 10.1 | -51.4% |
Japan | 117 | N/A | N/A | N/A | 0% |
Indonesia | 6.6 | 30.5 | N/A | N/A | 362.1% |
Others | 11.1 | 2.4 | 47.9 | N/A | 107.7% |
Total | 368 | 395 | 460 | 202 | -18.1% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Malaysia in 2022:
- Thailand (334.8 tons)
- Taiwan (Chinese) (51.8 tons)
- China (6.7 tons)
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