Malaysia - Knitting Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKnitting Machines Price in Malaysia - 2021
Contents:
- Knitting Machines Price in Malaysia (CIF) - 2021
- Knitting Machines Price in Malaysia (FOB) - 2022
- Knitting Machines Imports in Malaysia
- Knitting Machines Exports in Malaysia
Knitting Machines Price in Malaysia (CIF) - 2021
In December 2021, the average knitting machines import price amounted to $740 per unit, which is down by -4% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in November 2021 when the average import price increased by 34% m-o-m. The import price peaked at $813 per unit in January 2021; however, from February 2021 to December 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the countries with the highest prices were Taiwan (Chinese) ($825 per unit) and Singapore ($825 per unit), while the price for Japan ($557 per unit) and China ($825 per unit) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Knitting Machines Price in Malaysia (FOB) - 2022
The average knitting machines export price stood at $304 per unit in 2022, falling by -21.9% against the previous year. In general, the export price recorded a noticeable reduction. The growth pace was the most rapid in 2013 when the average export price increased by 25% against the previous year. As a result, the export price reached the peak level of $554 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Indonesia ($364 per unit) and Singapore ($300 per unit), while the average price for exports to Japan ($256 per unit) and Pakistan ($299 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Knitting Machines Imports in Malaysia
Knitting machines imports into Malaysia declined to 42K units in 2022, dropping by -13% on the previous year. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of 48K units, and then declined in the following year.
In value terms, knitting machines imports contracted markedly to $14M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of $17M, and then contracted sharply in the following year.
| Import of Knitting Machines in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.1 | 5.5 | 5.2 | 4.6 | -17.2% |
| Japan | 0.6 | 0.6 | 4.9 | 4.3 | 92.8% |
| Singapore | N/A | 1.8 | 3.9 | 3.4 | 37.4% |
| Taiwan (Chinese) | 1.6 | 2.5 | 1.9 | 1.7 | 2.0% |
| United States | N/A | N/A | 1.1 | N/A | 0% |
| Others | 1.7 | 0.8 | 0.1 | 0.2 | -51.0% |
| Total | 12.0 | 11.3 | 17.1 | 14.2 | 5.8% |
Top Suppliers of Knitting Machines to Malaysia in 2022:
- Japan (15.4K units)
- China (12.8K units)
- Singapore (9.2K units)
- Taiwan (Chinese) (4.1K units)
Knitting Machines Exports in Malaysia
In 2022, shipments abroad of knitting machineses was finally on the rise to reach 710 units after two years of decline. In general, exports, however, continue to indicate a dramatic shrinkage. Over the period under review, the exports attained the peak figure at 2.6K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, knitting machines exports declined to $216K in 2022. Overall, exports, however, showed a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. The exports peaked at $838K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Knitting Machines in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 148 | 94.6 | 23.7 | 145 | -0.7% |
| Indonesia | 47.6 | 10.7 | 7.0 | 29.7 | -14.5% |
| Singapore | 143 | 2.1 | 1.2 | 29.5 | -40.9% |
| Japan | 27.1 | 2.9 | 2.6 | 11.1 | -25.7% |
| Hong Kong SAR | 43.6 | N/A | N/A | N/A | 0% |
| Thailand | 31.2 | N/A | 56.9 | N/A | 35.0% |
| China | N/A | 74.5 | 22.0 | N/A | -70.5% |
| Cambodia | 190 | N/A | N/A | N/A | 0% |
| India | 120 | N/A | 22.8 | N/A | -56.4% |
| Oman | 8.0 | N/A | N/A | N/A | 0% |
| Mexico | N/A | N/A | 80.0 | N/A | 0% |
| Taiwan (Chinese) | 31.4 | 2.1 | N/A | N/A | -93.3% |
| Others | 48.2 | 15.3 | 13.3 | N/A | -47.5% |
| Total | 838 | 202 | 229 | 216 | -36.4% |
Top Export Markets for Knitting Machines from Malaysia in 2022:
- Pakistan (486.0 units)
- Singapore (99.0 units)
- Indonesia (82.0 units)
- Japan (43.0 units)
This report provides an in-depth analysis of the knitting machines 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 28941430 - Circular knitting machines
- Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
- Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting
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
-
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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