Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia - 2023

Contents:

1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia (CIF) - 2022
2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia (FOB) - 2022
3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia
4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia (CIF) - 2022

The average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $6,241 per ton in 2022, declining by -10% against the previous year. Overall, the import price, however, saw a remarkable increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $6,933 per ton in 2021, and then contracted in the following year.

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 Japan ($37,714 per ton), while the price for Thailand ($3,150 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia (FOB) - 2022

In 2022, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $5,579 per ton, jumping by 33% against the previous year. Overall, the export price, however, continues to indicate a perceptible decrease. The export price peaked at $7,795 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($11,400 per ton), while the average price for exports to Thailand ($1,138 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.6%), while the prices for the other major destinations experienced a decline.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia

After three years of growth, supplies from abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -13.3% to 1.8K tons in 2022. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 2.1K tons, and then fell in the following year.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses contracted significantly to $11M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of $14M, and then declined remarkably in the following year.

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Malaysia in 2022:

1. China (1596.4 tons)
2. Japan (43.4 tons)
3. United States (29.5 tons)
4. Thailand (22.7 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Malaysia

In 2022, after three years of growth, there was significant decline in shipments abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses, when their volume decreased by -21.1% to 921 tons. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses expanded to $5.1M in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 48%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Malaysia in 2022:

1. United States (333.3 tons)
2. Singapore (282.9 tons)
3. Germany (88.6 tons)
4. Thailand (87.8 tons)
5. United Kingdom (42.6 tons)
6. India (17.0 tons)

Source: IndexBox Market Intelligence Platform