Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia - 2024
Contents:
- Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia (CIF) - 2024
- Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia (FOB) - 2022
- Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia
- Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia
Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia (CIF) - 2024
The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $1,379 per ton in January 2024, surging by 12% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1,590 per ton in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($2,603 per ton), while the price for China ($1,250 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Korea (+5.0%), while the prices for the other major suppliers experienced a decline.
Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia (FOB) - 2022
In 2022, the average export price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $6,759 per ton, reducing by -21.7% against the previous year. In general, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 257%. As a result, the export price attained the peak level of $8,933 per ton. From 2017 to 2022, the average export prices remained at a 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 Fiji ($41,367 per ton), while the average price for exports to Papua New Guinea ($1,785 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 New Zealand (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia
In 2022, approx. 6.6K tons of tarpaulins, awnings and sunblinds of synthetic fibreses were imported into Malaysia; rising by 46% against the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses soared to $9.2M in 2022. The total import value increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 4.6 | 4.7 | 5.9 | 13.8% |
| Vietnam | 1.3 | 1.3 | 1.6 | 1.5 | 4.9% |
| Thailand | 0.2 | 0.2 | 0.1 | 1.4 | 91.3% |
| South Korea | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Pakistan | 0.9 | 0.4 | 0.2 | N/A | -52.9% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 6.8 | 6.8 | 7.0 | 9.2 | 10.6% |
Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Malaysia in 2022:
- China (4.8K tons)
- Vietnam (0.9K tons)
- Thailand (0.5K tons)
- South Korea (0.4K tons)
Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia
In 2022, overseas shipments of tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -49.9% to 13 tons, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 67%. As a result, the exports attained the peak of 46 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses dropped remarkably to $91K in 2022. Overall, exports saw a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 91%. As a result, the exports attained the peak of $356K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 5.6 | 16.9 | 46.2 | 187.2% |
| Singapore | 74.2 | 80.4 | 45.7 | 19.2 | -36.3% |
| Fiji | N/A | N/A | N/A | 16.6 | 0% |
| Papua New Guinea | N/A | N/A | N/A | 4.2 | 0% |
| Brunei Darussalam | 3.0 | 4.9 | 9.5 | 3.1 | 1.1% |
| Australia | N/A | 116 | N/A | 1.5 | -88.6% |
| New Zealand | 85.4 | N/A | N/A | N/A | 0% |
| Sri Lanka | 1.4 | 58.8 | N/A | N/A | 4100.0% |
| United Kingdom | N/A | N/A | 132 | N/A | 0% |
| India | 7.5 | 52.3 | N/A | N/A | 597.3% |
| Vanuatu | N/A | 27.0 | N/A | N/A | 0% |
| Others | 15.2 | 11.5 | 27.0 | N/A | 33.3% |
| Total | 187 | 356 | 232 | 90.8 | -21.4% |
Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Malaysia in 2022:
- France (8.0 tons)
- Papua New Guinea (2.4 tons)
- Singapore (1.9 tons)
- Brunei Darussalam (0.6 tons)
- Fiji (0.4 tons)
- Australia (0.1 tons)
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