Price for Braids; in the Piece in Malaysia - 2021
Contents:
- Price for Braids; in the Piece in Malaysia (FOB) - 2022
- Price for Braids; in the Piece in Malaysia (CIF) - 2022
- Exports of Braids; in the Piece in Malaysia
- Imports of Braids; in the Piece in Malaysia
Price for Braids; in the Piece in Malaysia (FOB) - 2022
The average braids; in the piece export price stood at $18,858 per ton in 2022, approximately equating the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 58%. Over the period under review, the average export prices hit record highs at $26,502 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +21.8% per year.
Price for Braids; in the Piece in Malaysia (CIF) - 2022
In 2022, the average braids; in the piece import price amounted to $5,199 per ton, declining by -7.2% against the previous year. Overall, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 41%. The import price peaked at $8,331 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 India amounted to -0.4% per year.
Exports of Braids; in the Piece in Malaysia
In 2022, the amount of braids; in the pieces exported from Malaysia dropped notably to 25 tons, falling by -16.7% on 2021. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year.
In value terms, braids; in the piece exports contracted sharply to $466K in 2022. Over the period under review, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of $557K, and then reduced notably in the following year.
| Export of Braids; in the Piece in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 22.0 | N/A | 0.2 | 466 | 176.7% |
| Vietnam | 391 | 359 | 545 | N/A | 18.1% |
| Cambodia | 30.2 | 3.5 | 1.5 | N/A | -77.7% |
| Singapore | 25.1 | 9.9 | 6.3 | N/A | -49.9% |
| Australia | 33.6 | N/A | 2.0 | N/A | -75.6% |
| Others | 0.4 | 1.6 | 1.4 | N/A | 87.1% |
| Total | 502 | 374 | 557 | 466 | -2.4% |
Top Export Markets for Braids; in the Piece from Malaysia in 2022:
- Myanmar (24.7 tons)
Imports of Braids; in the Piece in Malaysia
In 2022, imports of braids; in the pieces into Malaysia expanded notably to 72 tons, with an increase of 12% against 2021. The total import volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 44%. As a result, imports attained the peak of 80 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, braids; in the piece imports stood at $372K in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 24%. As a result, imports reached the peak of $385K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Braids; in the Piece in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 191 | 240 | 303 | 352 | 22.6% |
| Taiwan (Chinese) | 38.9 | 38.5 | 25.7 | N/A | -18.7% |
| India | 11.7 | 33.5 | 1.1 | N/A | -69.3% |
| Others | 69.5 | 73.2 | 29.7 | 19.7 | -34.3% |
| Total | 311 | 385 | 359 | 372 | 6.2% |
Top Suppliers of Braids; in the Piece to Malaysia in 2022:
- China (70.8 tons)
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