Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia - 2024
Contents:
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia (CIF) - 2024
- Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia (FOB) - 2022
- Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia
- Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia (CIF) - 2024
In January 2024, the average import price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $8.9 per unit, falling by -29.7% against the previous month. In general, the import price saw a pronounced reduction. The pace of growth was the most pronounced in September 2023 when the average import price increased by 25% m-o-m. The import price peaked at $16.9 per unit in February 2023; however, from March 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($139 per unit), while the price for Pakistan ($2.4 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+39.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia (FOB) - 2022
The average export price for articles of apparel and clothing accessories, of leather or of composition leather stood at $16 per unit in 2022, with an increase of 10% against the previous year. Overall, the export price continues to indicate a perceptible increase. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($45 per unit), while the average price for exports to Turkey ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia
In 2022, purchases abroad of articles of apparel and clothing accessories, of leather or of composition leather was finally on the rise to reach 2M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt downturn. Imports peaked at 3.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather surged to $19M in 2022. In general, imports, however, recorded a deep setback. Over the period under review, imports of hit record highs at $23M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 3.1 | 3.0 | 4.1 | -3.1% |
| Italy | 3.2 | 1.9 | 2.2 | 3.7 | 5.0% |
| Spain | 3.0 | 1.7 | 2.2 | 3.6 | 6.3% |
| India | 1.1 | 0.8 | 0.6 | 1.1 | 0.0% |
| Pakistan | 0.5 | 0.5 | 0.7 | 1.0 | 26.0% |
| Vietnam | 1.3 | 1.0 | 1.3 | 0.7 | -18.6% |
| Hong Kong SAR | 0.6 | 0.5 | 0.3 | 0.7 | 5.3% |
| Singapore | 0.8 | 1.0 | 0.8 | 0.6 | -9.1% |
| Indonesia | 0.2 | 0.1 | 0.5 | 0.6 | 44.2% |
| Germany | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| United States | 0.2 | 2.4 | 0.3 | 0.2 | 0.0% |
| Sri Lanka | 1.7 | 0.5 | N/A | N/A | -70.6% |
| Myanmar | 2.9 | 2.9 | N/A | N/A | 0.0% |
| Others | 2.2 | 2.0 | 2.2 | 2.4 | 2.9% |
| Total | 22.5 | 18.6 | 14.3 | 19.3 | -5.0% |
Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Malaysia in 2022:
- China (991.4K units)
- Spain (246.2K units)
- Pakistan (241.6K units)
- India (168.5K units)
- Italy (54.3K units)
- Indonesia (48.3K units)
- Germany (46.3K units)
- Hong Kong SAR (26.2K units)
- Vietnam (26.0K units)
- Singapore (20.8K units)
- United States (6.6K units)
- Sri Lanka (2.3K units)
- Myanmar (0.5K units)
Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia
For the third consecutive year, Malaysia recorded decline in shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather, which decreased by -52% to 146K units in 2022. In general, exports showed a dramatic curtailment. The smallest decline of -36.5% was in 2021. The exports peaked at 1.4M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather fell notably to $2.4M in 2022. Over the period under review, exports saw a precipitous slump. The smallest decline of -12.5% was in 2021. Over the period under review, the exports of reached the maximum at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 975 | 886 | 929 | 965 | -0.3% |
| Indonesia | 62.0 | 108 | 188 | 293 | 67.8% |
| Philippines | 40.9 | 120 | 82.8 | 131 | 47.4% |
| Bangladesh | 2.3 | 37.5 | 58.7 | 94.6 | 245.2% |
| Vietnam | 19.1 | 68.1 | 54.5 | 61.6 | 47.7% |
| United Kingdom | 115 | 6.9 | 49.0 | 48.7 | -24.9% |
| Australia | 2,451 | 953 | 24.5 | 41.2 | -74.4% |
| Germany | N/A | 34.5 | 34.6 | 39.2 | 6.6% |
| South Korea | 26.0 | 1.1 | 181 | 39.2 | 14.7% |
| Latvia | N/A | N/A | N/A | 28.5 | 0% |
| China | 246 | 149 | 206 | 23.9 | -54.0% |
| Turkey | 31.8 | N/A | N/A | 19.2 | -15.5% |
| Papua New Guinea | 12.5 | N/A | 14.4 | 10.5 | -5.6% |
| Others | 7,724 | 2,795 | 2,689 | 591 | -57.5% |
| Total | 11,704 | 5,159 | 4,512 | 2,387 | -41.1% |
Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Malaysia in 2022:
- Indonesia (22.0K units)
- Singapore (21.4K units)
- Turkey (11.0K units)
- Philippines (10.7K units)
- Latvia (9.9K units)
- South Korea (9.1K units)
- Germany (8.8K units)
- United Kingdom (8.2K units)
- Australia (6.1K units)
- Vietnam (5.9K units)
- Bangladesh (4.4K units)
- China (4.3K units)
- Papua New Guinea (3.7K units)
671
This report provides an in-depth analysis of the leather apparel market in Malaysia.
392
This report provides an in-depth analysis of the belt and bandolier market in Malaysia.
431
This report provides an in-depth analysis of the gloves market in Malaysia.
258
This report provides an in-depth analysis of the leather gloves market in Malaysia.
337
This report provides an in-depth analysis of the leather sports gloves market in Malaysia.
1101
This report provides an in-depth analysis of the global leather apparel market.
1295
This report provides an in-depth analysis of the global belt and bandolier market.
824
This report provides an in-depth analysis of the global gloves market.
315
Global Leather Gloves Market Report 2018. This report provides an in-depth analysis of the global leather gloves market.
614
This report provides an in-depth analysis of the global leather sports gloves market.
1359
Global leather apparel imports stood at X tons in 2016, going down by -X% against the previous year figure. In general, leather apparel imports continue to indicate a temperate setback. The mos...
682
Global leather apparel imports stood at X tons in 2016, going down by -X% against the previous year figure. In general, leather apparel imports continue to indicate a temperate setback. The mos...
3014
The global trade in leather apparel amounted to X million USD in 2015, fluctuating mildly over the period under review. An X% drop in 2009 was followed by modest recovery over the
1169
Italy dominates in the global apparel of leather trade. In 2014, Italy exported X thousand tons of apparel of leather totaling X million USD, X% over the previous year. Its primary trading partner was Switzerland, where it supplied X% of its t
1230
China has moved into second place in the global belt and bandolier trade. In 2014, China exported X million units of belts and bandoliers totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
1026
In value terms, knitted and crocheted gloves, mittens and mitts imports stood at $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value increased at an a...
767
In value terms, not knitted gloves, mittens and mitts imports amounted to $X in 2016. Overall, it indicated a noticeable increase from 2007 to 2016: the total imports value decreased at an average ...
663
In value terms, knitted and crocheted gloves, mittens and mitts exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an aver...
1043
In value terms, not knitted gloves, mittens and mitts exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value increased at an average ann...
1201
In value terms, which country imports the mostclothing accessories imports totaled $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value increased at a...
