Price for Cotton; Yarn Waste (Including Thread Waste) in Malaysia - 2023

Price for Cotton; Yarn Waste (Including Thread Waste) in Malaysia (CIF) - 2022

The average import price for cotton; yarn waste (including thread waste) stood at $361 per ton in 2022, which is down by -35.1% against the previous year. Overall, the import price saw a abrupt decline. The growth pace was the most rapid in 2016 an increase of 7.2% against the previous year. The import price peaked at $1,282 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($586 per ton), while the price for Taiwan (Chinese) ($252 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.0%), while the prices for the other major suppliers experienced a decline.

Price for Cotton; Yarn Waste (Including Thread Waste) in Malaysia (FOB) - 2022

In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $483 per ton, stabilizing at the previous year. Overall, the export price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 32%. Over the period under review, the average export prices attained the peak figure at $796 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +12.6% per year.

Imports of Cotton; Yarn Waste (Including Thread Waste) in Malaysia

In 2022, purchases abroad of cotton; yarn waste (including thread waste) was finally on the rise to reach 1.8K tons after two years of decline. Over the period under review, imports, however, saw a sharp decrease.

In value terms, imports of cotton; yarn waste (including thread waste) surged to $635K in 2022. Overall, imports, however, faced a sharp decline.

Import of Cotton; Yarn Waste (Including Thread Waste) in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Pakistan	N/A	157	9.2	155	-0.6%
Thailand	N/A	7.1	N/A	147	355.0%
Bangladesh	114	139	85.6	119	1.4%
Taiwan (Chinese)	7.8	7.8	N/A	67.1	104.9%
Switzerland	N/A	N/A	N/A	55.4	0%
Cambodia	54.6	61.5	35.2	37.5	-11.8%
South Africa	92.1	45.4	N/A	28.9	-32.0%
China	104	36.5	N/A	N/A	-64.9%
Indonesia	408	98.7	N/A	N/A	-75.8%
Italy	306	N/A	N/A	N/A	0%
Turkey	1,127	157	N/A	N/A	-86.1%
Others	297	249	17.8	26.3	-55.4%
Total	2,510	959	148	635	-36.8%

Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Malaysia in 2022:

Pakistan (501.0 tons)
Thailand (452.1 tons)
Taiwan (Chinese) (266.1 tons)
Bangladesh (202.4 tons)
South Africa (110.1 tons)
Switzerland (101.3 tons)
Cambodia (92.0 tons)

Exports of Cotton; Yarn Waste (Including Thread Waste) in Malaysia

For the third year in a row, Malaysia recorded decline in overseas shipments of cotton; yarn waste (including thread waste), which decreased by 0% to 3 tons in 2022. Overall, exports faced a precipitous decline. The smallest decline of -99.2% was in 2020.

In value terms, exports of cotton; yarn waste (including thread waste) amounted to $1.4K in 2022. Over the period under review, exports faced a sharp descent. The smallest decline of -99.1% was in 2020.