Price for Wigs; Complete, of Synthetic Textile Materials in Malaysia - 2024

Contents:

1. Price for Wigs; Complete, of Synthetic Textile Materials in Malaysia (CIF) - 2022
2. Price for Wigs; Complete, of Synthetic Textile Materials in Malaysia (FOB) - 2022
3. Imports of Wigs; Complete, of Synthetic Textile Materials in Malaysia
4. Exports of Wigs; Complete, of Synthetic Textile Materials in Malaysia

Price for Wigs; Complete, of Synthetic Textile Materials in Malaysia (CIF) - 2022

The average import price for wigs; complete, of synthetic textile materialses stood at $20 per unit in 2022, rising by 34% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 69% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady 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 the UK ($57 per unit), while the price for China ($5.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+72.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wigs; Complete, of Synthetic Textile Materials in Malaysia (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $28 per unit in 2022, growing by 62% against the previous year. In general, the export price enjoyed a modest expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 539% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2013 to 2022, the rate of growth in terms of prices for Thailand amounted to +133.6% per year.

Imports of Wigs; Complete, of Synthetic Textile Materials in Malaysia

In 2022, imports of wigs; complete, of synthetic textile materialses into Malaysia skyrocketed to 4.3K units, picking up by 179% on the previous year. Overall, imports, however, showed a abrupt shrinkage. Over the period under review, imports of hit record highs at 6.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of wigs; complete, of synthetic textile materialses skyrocketed to $87K in 2022. Over the period under review, imports, however, saw a slight contraction. Imports peaked at $92K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Malaysia in 2022:

1. Indonesia (2216.0 units)
2. China (1794.0 units)
3. Hong Kong SAR (249.0 units)
4. United Kingdom (11.0 units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Malaysia

In 2022, shipments abroad of wigs; complete, of synthetic textile materialses decreased by -54% to 80 units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 296%. As a result, the exports reached the peak of 2K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wigs; complete, of synthetic textile materialses declined remarkably to $2.3K in 2022. Overall, exports faced a dramatic curtailment. Over the period under review, the exports of reached the peak figure at $7.9K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Malaysia in 2022:

1. Singapore (80.0 units)

Source: IndexBox Market Intelligence Platform