Malaysia - Glass Fiber Filaments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fibre Filament Price in Malaysia - 2021
Contents:
- Glass Fibre Filament Price in Malaysia (CIF) - 2022
- Glass Fibre Filament Price in Malaysia (FOB) - 2021
- Glass Fibre Filament Imports in Malaysia
- Glass Fibre Filament Exports in Malaysia
Glass Fibre Filament Price in Malaysia (CIF) - 2022
In 2022, the average glass fibre filament import price amounted to $968 per ton, with an increase of 3.6% against the previous year. Overall, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 14% against the previous year. The import price peaked at $1,340 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.1% per year.
Glass Fibre Filament Price in Malaysia (FOB) - 2021
The average glass fibre filament export price stood at $1,441 per ton in December 2021, rising by 8.7% against the previous month. Overall, export price indicated temperate growth from December 2020 to December 2021: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, glass fibre filament export price decreased by -1.8% against October 2021 indices. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 21% m-o-m. As a result, the export price reached the peak level of $1,468 per ton. From November 2021 to December 2021, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,700 per ton), while the average price for exports to South Korea ($1,038 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Fibre Filament Imports in Malaysia
In 2022, overseas purchases of glass fibre filaments were finally on the rise to reach 18K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt decrease.
In value terms, glass fibre filament imports soared to $17M in 2022. In general, imports, however, showed a abrupt decline.
| Import of Glass Fibre Filament in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.2 | 17.0 | 11.1 | 16.4 | -6.7% |
| Others | 1.3 | 0.6 | 0.8 | 0.7 | -18.6% |
| Total | 21.4 | 17.6 | 11.9 | 17.0 | -7.4% |
Top Suppliers of Glass Fibre Filament to Malaysia in 2022:
- China (17.1K tons)
Glass Fibre Filament Exports in Malaysia
In 2022, approx. 9.5K tons of glass fibre filaments were exported from Malaysia; picking up by 10% against the previous year's figure. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, glass fibre filament exports surged to $15M in 2022. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glass Fibre Filament in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 3.0 | 5.1 | 9.5 | 16.6% |
| South Korea | 2.3 | 3.2 | 3.1 | 3.0 | 9.3% |
| China | 0.5 | 0.7 | 0.8 | 0.8 | 17.0% |
| India | 0.3 | 0.2 | 0.6 | 0.7 | 32.6% |
| Japan | N/A | N/A | N/A | 0.4 | 0% |
| Taiwan (Chinese) | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 9.1 | 7.2 | 9.8 | 14.7 | 17.3% |
Top Export Markets for Glass Fibre Filament from Malaysia in 2022:
- United States (4.4K tons)
- South Korea (2.9K tons)
- China (0.8K tons)
- India (0.6K tons)
- Japan (0.5K tons)
- Taiwan (Chinese) (0.2K tons)
This report provides an in-depth analysis of the glass fibre filament 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 23141130 - Glass fibre filaments (including rovings)
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
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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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