Price for Knitted or Crocheted Pile Fabrics in Malaysia - 2021
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Malaysia (FOB) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Malaysia (CIF) - 2022
- Exports of Knitted or Crocheted Pile Fabrics in Malaysia
- Imports of Knitted or Crocheted Pile Fabrics in Malaysia
Price for Knitted or Crocheted Pile Fabrics in Malaysia (FOB) - 2022
The average export price for knitted or crocheted pile fabricses stood at $5,942 per ton in 2022, almost unchanged from the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 16% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,365 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($7,648 per ton), while the average price for exports to India ($2,220 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 India (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in Malaysia (CIF) - 2022
In 2022, the average import price for knitted or crocheted pile fabricses amounted to $6,837 per ton, falling by -5.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 13% against the previous year. Over the period under review, average import prices reached the maximum at $7,248 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($10,840 per ton), while the price for Vietnam ($5,596 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Knitted or Crocheted Pile Fabrics in Malaysia
In 2022, the amount of knitted or crocheted pile fabricses exported from Malaysia declined to 27K tons, which is down by -5.6% against the year before. Over the period under review, exports continue to indicate a slight decline. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 29K tons, and then reduced in the following year.
In value terms, knitted or crocheted pile fabrics exports dropped to $163M in 2022. In general, exports saw a slight reduction. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of $172M, and then fell in the following year.
| Export of Knitted or Crocheted Pile Fabrics in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 74.4 | 71.2 | 83.8 | 74.8 | 0.2% |
| Indonesia | 31.6 | 34.4 | 41.2 | 36.8 | 5.2% |
| Jordan | 31.0 | 24.5 | 25.1 | 23.9 | -8.3% |
| Turkey | 8.6 | 6.8 | 7.2 | 8.7 | 0.4% |
| Sri Lanka | 6.4 | 6.7 | 7.2 | 6.8 | 2.0% |
| Vietnam | 9.7 | 3.4 | 1.6 | 4.4 | -23.2% |
| India | 4.2 | 2.2 | 3.0 | 2.8 | -12.6% |
| Others | 4.4 | 3.6 | 3.2 | 4.3 | -0.8% |
| Total | 170 | 153 | 172 | 163 | -1.4% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Malaysia in 2022:
- Cambodia (11.6K tons)
- Indonesia (5.6K tons)
- Jordan (3.9K tons)
- Turkey (2.2K tons)
- Sri Lanka (1.6K tons)
- India (1.2K tons)
- Vietnam (0.8K tons)
Imports of Knitted or Crocheted Pile Fabrics in Malaysia
In 2022, approx. 4K tons of knitted or crocheted pile fabricses were imported into Malaysia; with a decrease of -8.3% against 2021 figures. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.
In value terms, knitted or crocheted pile fabrics imports reduced to $28M in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 35%.
| Import of Knitted or Crocheted Pile Fabrics in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.4 | 12.0 | 17.1 | 15.3 | -17.7% |
| Taiwan (Chinese) | 6.9 | 4.0 | 6.2 | 5.0 | -10.2% |
| Thailand | 2.4 | 2.7 | 2.9 | 2.4 | 0.0% |
| Hong Kong SAR | 1.3 | 0.5 | 1.5 | 1.2 | -2.6% |
| Vietnam | 1.4 | 1.8 | 1.0 | 1.1 | -7.7% |
| Indonesia | 1.6 | 1.1 | 1.0 | 1.0 | -14.5% |
| Others | 2.0 | 1.4 | 1.9 | 1.5 | -9.1% |
| Total | 43.1 | 23.4 | 31.7 | 27.5 | -13.9% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Malaysia in 2022:
- China (2641.7 tons)
- Taiwan (Chinese) (564.6 tons)
- Thailand (218.9 tons)
- Vietnam (200.4 tons)
- Hong Kong SAR (142.8 tons)
- Indonesia (142.1 tons)
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