Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Malaysia - 2024
Contents:
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Malaysia (CIF) - 2022
- Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Malaysia
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Malaysia (CIF) - 2022
In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $2,548 per ton, rising by 19% against the previous year. Overall, the import price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 205%. Over the period under review, average import prices hit record highs at $5,599 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 United States ($5,471 per ton), while the price for Italy ($1,536 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Malaysia
After three years of growth, purchases abroad of yarn of other vegetable textile fibres; paper yarns decreased by -45.8% to 95 tons in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 88%.
In value terms, imports of yarn of other vegetable textile fibres; paper yarns contracted remarkably to $243K in 2022. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports attained the peak of $376K, and then declined sharply in the following year.
| Import of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 175 | 92.5 | -47.1% |
| Indonesia | N/A | N/A | 1.7 | 63.7 | 3647.1% |
| China | 44.2 | 37.6 | 82.3 | 37.2 | -5.6% |
| United States | 36.7 | 39.3 | 5.2 | 20.1 | -18.2% |
| Dominican Republic | 19.6 | 21.6 | 6.9 | 18.9 | -1.2% |
| India | 33.5 | N/A | 3.9 | 5.8 | -44.3% |
| Hong Kong SAR | 8.5 | N/A | 21.1 | 4.4 | -19.7% |
| Hungary | 26.8 | 155 | 80.0 | N/A | 72.8% |
| Others | 14.9 | 2.8 | N/A | N/A | -81.2% |
| Total | 184 | 257 | 376 | 243 | 9.7% |
Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Malaysia in 2022:
- Italy (60.2 tons)
- Indonesia (13.6 tons)
- China (10.5 tons)
- Dominican Republic (3.8 tons)
- United States (3.7 tons)
- Hong Kong SAR (2.1 tons)
- India (1.3 tons)
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