Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia - 2024
Contents:
- Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia (CIF) - 2022
- Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia (FOB) - 2022
- Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia
- Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia
Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia (CIF) - 2022
In 2022, the average import price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $25 per unit, growing by 83% against the previous year. Overall, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 84% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
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 Cambodia ($78 per unit), while the price for India ($5.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia (FOB) - 2022
The average export price for handbags with outer surface of plastic sheeting or of textile materialses stood at $18 per unit in 2022, waning by -11.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices reached the peak figure at $26 per unit 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 Singapore ($39 per unit), while the average price for exports to the United States ($6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia
For the third year in a row, Malaysia recorded decline in supplies from abroad of handbags with outer surface of plastic sheeting or of textile materialses, which decreased by -13.8% to 3.7M units in 2022. Over the period under review, imports recorded a significant decrease. Over the period under review, imports of attained the maximum at 7.8M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses surged to $94M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.6 | 18.5 | 13.3 | 23.2 | -9.8% |
| Cambodia | 2.9 | 2.7 | 2.6 | 8.0 | 40.2% |
| Vietnam | 3.8 | 2.6 | 3.2 | 4.9 | 8.8% |
| Philippines | 1.9 | 1.0 | 0.9 | 3.5 | 22.6% |
| Hong Kong SAR | 5.2 | 2.6 | 1.8 | 3.3 | -14.1% |
| Indonesia | 0.5 | 0.8 | 1.2 | 2.1 | 61.3% |
| India | 0.6 | 1.0 | 1.4 | 2.0 | 49.4% |
| Thailand | 1.1 | 0.5 | 0.8 | 0.8 | -10.1% |
| Others | 10.7 | 26.4 | 34.3 | 46.1 | 62.7% |
| Total | 58.2 | 55.9 | 59.6 | 93.8 | 17.2% |
Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Malaysia in 2022:
- China (2652.5K units)
- India (355.2K units)
- Vietnam (231.2K units)
- Thailand (105.6K units)
- Indonesia (105.5K units)
- Cambodia (103.1K units)
- Philippines (64.8K units)
- Hong Kong SAR (60.6K units)
Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia
For the third consecutive year, Malaysia recorded decline in shipments abroad of handbags with outer surface of plastic sheeting or of textile materialses, which decreased by -0.7% to 356K units in 2022. Over the period under review, exports continue to indicate a precipitous slump. Over the period under review, the exports of reached the peak figure at 894K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses fell to $6.3M in 2022. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports of attained the peak figure at $9.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1,146 | 1,057 | 1,381 | 2,107 | 22.5% |
| Turkey | 4,271 | 1,662 | 1,327 | 1,354 | -31.8% |
| Indonesia | 1,571 | 674 | 783 | 692 | -23.9% |
| Brunei Darussalam | 27.5 | 78.5 | 316 | 639 | 185.4% |
| United Arab Emirates | 559 | 351 | 409 | 350 | -14.5% |
| India | 572 | 11.1 | 14.2 | 155 | -35.3% |
| United States | 22.8 | 273 | 155 | 129 | 78.2% |
| Thailand | 172 | 176 | 92.7 | 123 | -10.6% |
| Vietnam | 53.4 | 170 | 53.6 | 55.0 | 1.0% |
| Others | 796 | 752 | 2,668 | 713 | -3.6% |
| Total | 9,190 | 5,205 | 7,201 | 6,318 | -11.7% |
Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Malaysia in 2022:
- Turkey (177.0K units)
- Brunei Darussalam (61.3K units)
- Singapore (54.7K units)
- United States (21.6K units)
- Indonesia (21.0K units)
- United Arab Emirates (13.7K units)
- India (13.3K units)
- Thailand (7.9K units)
- Vietnam (7.3K units)
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