Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia (CIF) - 2022
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia (FOB) - 2022
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia (CIF) - 2022
The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $1.1 per square meter in 2022, reducing by -30.9% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $2.3 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($3.1 per square meter), while the price for Vietnam ($0.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia (FOB) - 2022
In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $2.4 per square meter, rising by 11% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for textile fabrics, rubberised; other than those of heading no. 5902s increased by +66.9% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 37%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($5.4 per square meter), while the average price for exports to Brunei Darussalam ($0.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia
For the fourth consecutive year, Malaysia recorded growth in purchases abroad of textile fabrics, rubberised; other than those of heading no. 5902s, which increased by 97% to 13M square meters in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s surged to $15M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 2.1 | 2.6 | 6.2 | 51.0% |
| Japan | 1.2 | 1.5 | 1.8 | 2.6 | 29.4% |
| Vietnam | N/A | N/A | 1.8 | 1.7 | -5.6% |
| South Korea | 0.5 | 1.5 | 1.3 | 1.2 | 33.9% |
| Singapore | 0.7 | 1.0 | 0.9 | 0.7 | 0.0% |
| United States | 0.4 | 0.2 | 0.4 | 0.5 | 7.7% |
| Germany | 0.1 | 0.3 | 0.5 | 0.5 | 71.0% |
| Indonesia | 0.5 | 0.1 | N/A | 0.1 | -41.5% |
| United Kingdom | 0.7 | 0.5 | 0.3 | N/A | -34.5% |
| Others | 1.1 | 0.8 | 1.0 | 1.1 | 0.0% |
| Total | 7.0 | 8.2 | 10.8 | 14.6 | 27.8% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Malaysia in 2022:
- China (7.0M square meters)
- Vietnam (2.9M square meters)
- Japan (1.0M square meters)
- South Korea (0.8M square meters)
- Singapore (0.3M square meters)
- United States (0.2M square meters)
- Germany (0.2M square meters)
- Indonesia (0.1M square meters)
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia
In 2022, overseas shipments of textile fabrics, rubberised; other than those of heading no. 5902s increased by 3.7% to 1M square meters for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a significant decline. Over the period under review, the exports of attained the maximum at 2.9M square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s soared to $2.4M in 2022. Over the period under review, exports, however, faced a deep reduction. The exports peaked at $4.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 763 | 640 | 795 | 1,163 | 15.1% |
| Singapore | 379 | 245 | 287 | 332 | -4.3% |
| Indonesia | 588 | 516 | 378 | 251 | -24.7% |
| Thailand | 58.8 | 27.1 | 137 | 182 | 45.7% |
| Hong Kong SAR | 163 | 138 | 201 | 105 | -13.6% |
| Australia | 107 | 43.8 | 89.9 | 80.5 | -9.0% |
| Philippines | 40.6 | 17.1 | 27.2 | 44.6 | 3.2% |
| China | 513 | 49.9 | 25.4 | 42.7 | -56.3% |
| Brunei Darussalam | 7.4 | N/A | 17.8 | 29.6 | 58.7% |
| Vietnam | 182 | 117 | 49.0 | 19.3 | -52.7% |
| Japan | 134 | 3.2 | 4.3 | 17.8 | -49.0% |
| Jordan | 279 | 5.1 | 1.2 | N/A | -93.4% |
| Cambodia | 806 | 5.4 | 6.5 | N/A | -91.0% |
| Others | 115 | 96.8 | 64.0 | 129 | 3.9% |
| Total | 4,136 | 1,906 | 2,084 | 2,397 | -16.6% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Malaysia in 2022:
- Indonesia (262.1K square meters)
- United Kingdom (216.5K square meters)
- Singapore (174.1K square meters)
- Thailand (83.8K square meters)
- Australia (59.3K square meters)
- Brunei Darussalam (48.4K square meters)
- Philippines (31.3K square meters)
- China (21.3K square meters)
- Hong Kong SAR (18.8K square meters)
- Japan (9.9K square meters)
- Vietnam (6.6K square meters)
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