Malaysia - Aramids Staple - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAramids Staple Price in Malaysia - 2021
Contents:
- Aramids Staple Price in Malaysia (FOB) - 2021
- Aramids Staple Price in Malaysia (CIF) - 2022
- Aramids Staple Exports in Malaysia
- Aramids Staple Imports in Malaysia
Aramids Staple Price in Malaysia (FOB) - 2021
In September 2021, the average aramids staple export price amounted to $8,808 per ton, declining by -13.8% against the previous month. In general, the export price, however, showed a prominent expansion. Over the period under review, the average export prices hit record highs at $10,214 per ton in August 2021, and then fell in the following month.
As there is only one major export destination, the average price level is determined by prices for China.
From April 2021 to September 2021, the rate of growth in terms of prices for China amounted to +7.1% per month.
Aramids Staple Price in Malaysia (CIF) - 2022
In 2022, the average aramids staple import price amounted to $9,458 per ton, shrinking by -2.9% against the previous year. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 97% against the previous year. Over the period under review, average import prices attained the peak figure at $30,457 per ton in 2012; however, from 2013 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 China ($27,442 per ton), while the price for Taiwan (Chinese) ($447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+61.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Aramids Staple Exports in Malaysia
In 2022, aramids staple exports from Malaysia skyrocketed to 18 tons, growing by 76% on the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, aramids staple exports soared to $93K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. As a result, the exports reached the peak of $114K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Aramids Staple in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.8 | 113 | 72.0 | 82.3 | 5.6% |
| Others | 0.3 | 1.1 | 0.5 | 11.0 | 232.2% |
| Total | 70.1 | 114 | 72.5 | 93.3 | 10.0% |
Top Export Markets for Aramids Staple from Malaysia in 2022:
- China (17.6 tons)
Aramids Staple Imports in Malaysia
After three years of growth, purchases abroad of aramids staple decreased by -0.6% to 15 tons in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 58%.
In value terms, aramids staple imports fell slightly to $139K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 8.1% against the previous year.
| Import of Aramids Staple in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 39.8 | 76.9 | 42.2 | 47.4 | 6.0% |
| Hong Kong SAR | 23.5 | 26.7 | 46.4 | 31.9 | 10.7% |
| Japan | 15.7 | 9.5 | 4.5 | 23.5 | 14.4% |
| United States | 25.0 | 13.8 | 21.8 | 17.5 | -11.2% |
| China | 13.9 | 0.5 | 22.6 | 14.2 | 0.7% |
| Spain | 1.5 | 1.7 | 1.4 | 1.4 | -2.3% |
| Taiwan (Chinese) | 1.0 | 0.9 | 1.2 | 0.6 | -15.7% |
| Others | 4.1 | 4.5 | 4.4 | 3.0 | -9.9% |
| Total | 124 | 134 | 145 | 139 | 3.9% |
Top Suppliers of Aramids Staple to Malaysia in 2022:
- Netherlands (7.8 tons)
- United States (1.8 tons)
- Hong Kong SAR (1.7 tons)
- Taiwan (Chinese) (1.4 tons)
- Japan (1.2 tons)
- China (0.5 tons)
- Spain (0.3 tons)
This report provides an in-depth analysis of the aramids staple market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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