Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia (FOB) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia (CIF) - 2022
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $16,044 per ton, shrinking by -12.7% against the previous year. In general, the export price, however, showed a modest expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 177% against the previous year. Over the period under review, the average export prices attained the peak figure at $18,369 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +32.0% per year.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $6,453 per ton, picking up by 30% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 126%. The import price peaked at $7,318 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,986 per ton), while the price for India totaled $6,439 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+37.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia
In 2022, the amount of yarn of carded wool, not put up for retail sale exported from Malaysia shrank sharply to 6.6 tons, waning by -44.5% on 2021 figures. In general, exports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 42%.
In value terms, exports of yarn of carded wool, not put up for retail sale shrank notably to $106K in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. As a result, the exports reached the peak of $218K, and then contracted significantly in the following year.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 152 | 123 | 196 | 106 | -11.3% |
| Saudi Arabia | 24.0 | 15.1 | 22.0 | N/A | -4.3% |
| Others | N/A | 1.6 | N/A | N/A | 0% |
| Total | 176 | 140 | 218 | 106 | -15.6% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Malaysia in 2022:
- Qatar (6.6 tons)
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia
For the third year in a row, Malaysia recorded decline in supplies from abroad of yarn of carded wool, not put up for retail sale, which decreased by -73% to 7.4 tons in 2022. In general, imports faced a dramatic shrinkage. The smallest decline of -34.1% was in 2020.
In value terms, imports of yarn of carded wool, not put up for retail sale fell remarkably to $48K in 2022. Over the period under review, imports recorded a sharp descent. The smallest decline of -10% was in 2021.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 207 | 135 | 131 | 47.3 | -38.9% |
| China | 41.8 | N/A | 4.9 | 0.6 | -75.7% |
| Mongolia | 12.1 | 17.3 | N/A | N/A | 43.0% |
| Taiwan (Chinese) | 19.9 | N/A | N/A | N/A | 0% |
| Others | 16.3 | N/A | 1.3 | N/A | -71.8% |
| Total | 297 | 152 | 137 | 47.9 | -45.6% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Malaysia in 2022:
- India (7.4 tons)
- China (0.1 tons)
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