Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia - 2023

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia (CIF) - 2022
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $6,228 per ton, surging by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($8,864 per ton), while the price for China ($5,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia (FOB) - 2022

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $2,219 per ton, dropping by -41.8% against the previous year. In general, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 233% against the previous year. As a result, the export price reached the peak level of $12,203 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +27.1% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia

After two years of decline, supplies from abroad of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses increased by 0.4% to 2.9K tons in 2022. In general, imports, however, continue to indicate a abrupt curtailment.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses soared to $18M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to Malaysia in 2022:

1. China (1763.5 tons)
2. Vietnam (659.1 tons)
3. Taiwan (Chinese) (238.0 tons)
4. Thailand (112.8 tons)
5. Indonesia (71.5 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Malaysia

In 2022, overseas shipments of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses decreased by -65.5% to 3.5 tons, falling for the second consecutive year after two years of growth. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, the exports attained the peak of 10 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses contracted remarkably to $7.7K in 2022. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, the exports reached the peak of $38K, and then contracted remarkably in the following year.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides from Malaysia in 2022:

1. China (3.5 tons)

Source: IndexBox Market Intelligence Platform