Price for Silk; Woven Fabrics of Noil Silk in Malaysia - 2024

Contents:

1. Price for Silk; Woven Fabrics of Noil Silk in Malaysia (FOB) - 2022
2. Price for Silk; Woven Fabrics of Noil Silk in Malaysia (CIF) - 2022
3. Exports of Silk; Woven Fabrics of Noil Silk in Malaysia
4. Imports of Silk; Woven Fabrics of Noil Silk in Malaysia

Price for Silk; Woven Fabrics of Noil Silk in Malaysia (FOB) - 2022

In 2022, the average export price for silk; woven fabrics of noil silks amounted to $111,416 per ton, surging by 16% against the previous year. Overall, the export price enjoyed a strong expansion. The growth pace was the most rapid in 2017 an increase of 118%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($111,793 per ton), while the average price for exports to Brunei Darussalam amounted to $25,850 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.6%), while the prices for the other major destinations experienced a decline.

Price for Silk; Woven Fabrics of Noil Silk in Malaysia (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $12,412 per ton in 2022, which is down by -15.1% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 36%. As a result, import price reached the peak level of $22,677 per ton. From 2020 to 2022, the average 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 India ($24,270 per ton), while the price for China stood at $8,840 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+36.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Silk; Woven Fabrics of Noil Silk in Malaysia

In 2022, approx. 4.8 tons of silk; woven fabrics of noil silks were exported from Malaysia; increasing by 17% compared with 2021. Over the period under review, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 33%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of silk; woven fabrics of noil silks skyrocketed to $535K in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Malaysia in 2022:

1. Singapore (4.5 tons)
2. Brunei Darussalam (0.3 tons)

Imports of Silk; Woven Fabrics of Noil Silk in Malaysia

In 2022, the amount of silk; woven fabrics of noil silks imported into Malaysia skyrocketed to 432 kg, jumping by 235% on 2021. Over the period under review, imports, however, recorded a dramatic decline.

In value terms, imports of silk; woven fabrics of noil silks surged to $5.4K in 2022. Overall, imports, however, showed a dramatic decrease.

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Malaysia in 2022:

1. China (332.0 kg)
2. India (100.0 kg)

Source: IndexBox Market Intelligence Platform