Price for Textile Machinery; Spinning Machines in Malaysia - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in Malaysia (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Malaysia (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Malaysia
- Exports of Textile Machinery; Spinning Machines in Malaysia
Price for Textile Machinery; Spinning Machines in Malaysia (CIF) - 2022
The average textile machinery; spinning machines import price stood at $31,992 per unit in 2022, rising by 8.7% against the previous year. In general, the import price saw slight growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 209% against the previous year. Over the period under review, average import prices hit record highs at $58,845 per unit in 2018; however, from 2019 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 Germany ($253,219 per unit), while the price for Switzerland ($2,385 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; Spinning Machines in Malaysia (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $6,142 per unit, which is down by -11.5% against the previous year. Overall, the export price continues to indicate a perceptible setback. The growth pace was the most rapid in 2017 when the average export price increased by 129%. Over the period under review, the average export prices attained the peak figure at $13,516 per unit in 2013; however, from 2014 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 India ($24,093 per unit), while the average price for exports to Brunei Darussalam ($0.5 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 Germany (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; Spinning Machines in Malaysia
In 2022, approx. 384 units of textile machinery; spinning machineses were imported into Malaysia; reducing by -39.7% compared with the year before. In general, imports saw a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 227%. Imports peaked at 980 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, textile machinery; spinning machines imports shrank dramatically to $12M in 2022. Overall, imports recorded a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 223% against the previous year. Imports peaked at $36M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Machinery; Spinning Machines in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 19.1 | 2.1 | 9.9 | 5.6 | -33.6% |
| Japan | 4.4 | 0.9 | 3.0 | 1.7 | -27.2% |
| Czech Republic | 3.9 | 0.8 | 1.8 | 1.4 | -28.9% |
| China | 0.1 | 0.2 | 0.4 | 1.3 | 135.1% |
| Netherlands | 3.1 | 0.7 | 1.9 | 0.9 | -33.8% |
| Spain | 0.2 | 0.1 | 1.0 | 0.6 | 44.2% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Switzerland | 0.2 | N/A | 0.2 | 0.1 | -20.6% |
| Others | 4.6 | 1.0 | 0.4 | 0.6 | -49.3% |
| Total | 35.8 | 5.8 | 18.8 | 12.3 | -30.0% |
Top Suppliers of Textile Machinery; Spinning Machines to Malaysia in 2022:
- Netherlands (180.0 units)
- Switzerland (44.0 units)
- China (41.0 units)
- India (40.0 units)
- Japan (22.0 units)
- Taiwan (Chinese) (17.0 units)
- Spain (15.0 units)
- Czech Republic (14.0 units)
Exports of Textile Machinery; Spinning Machines in Malaysia
In 2022, the amount of textile machinery; spinning machineses exported from Malaysia soared to 25 units, increasing by 25% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 535% against the previous year. As a result, the exports attained the peak of 470 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, textile machinery; spinning machines exports reached $154K in 2022. Overall, exports, however, faced a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 565% against the previous year. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Textile Machinery; Spinning Machines in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 73.2 | 1,140 | 91.7 | 96.4 | 9.6% |
| Vietnam | 114 | 635 | 21.5 | 27.0 | -38.1% |
| Bangladesh | 57.1 | 315 | 10.5 | 13.0 | -38.9% |
| Pakistan | 23.4 | 131 | 4.4 | 5.6 | -37.9% |
| South Korea | 30.9 | 146 | 4.2 | 4.5 | -47.4% |
| Thailand | 22.2 | 86.3 | 1.7 | 2.5 | -51.7% |
| Germany | 17.7 | 76.8 | 2.0 | 2.0 | -51.7% |
| China | 4.9 | 22.8 | 0.6 | 0.7 | -47.7% |
| Czech Republic | 1.6 | 5.8 | 0.1 | 0.1 | -60.3% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Brunei Darussalam | N/A | N/A | N/A | N/A | 0% |
| Indonesia | 0.2 | 0.8 | N/A | N/A | 300.0% |
| Singapore | 2.7 | 2.9 | N/A | N/A | 7.4% |
| Others | 50.3 | 84.2 | 1.9 | 1.9 | -66.4% |
| Total | 398 | 2,647 | 139 | 154 | -27.1% |
Top Export Markets for Textile Machinery; Spinning Machines from Malaysia in 2022:
- Vietnam (7.0 units)
- India (4.0 units)
- Brunei Darussalam (2.0 units)
- Germany (2.0 units)
- Pakistan (1.0 units)
- Czech Republic (1.0 units)
- Singapore (1.0 units)
- Indonesia (1.0 units)
- Switzerland (1.0 units)
- China (1.0 units)
- South Korea (1.0 units)
- Thailand (1.0 units)
- Bangladesh (1.0 units)
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