Price for Tents of Synthetic Fibres in Malaysia - 2021

Contents:

1. Price for Tents of Synthetic Fibres in Malaysia (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Malaysia (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Malaysia
4. Exports of Tents of Synthetic Fibres in Malaysia

Price for Tents of Synthetic Fibres in Malaysia (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $5,251 per ton, with an increase of 53% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 84%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($58,952 per ton), while the price for the United Arab Emirates ($2,375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Malaysia (FOB) - 2022

The average tents of synthetic fibres export price stood at $7,674 per ton in 2022, growing by 18% against the previous year. In general, the export price showed a tangible increase. The pace of growth appeared the most rapid in 2019 an increase of 199% against the previous year. As a result, the export price reached the peak level of $10,941 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($34,601 per ton), while the average price for exports to the United Arab Emirates ($1,822 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 Australia (+24.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tents of Synthetic Fibres in Malaysia

In 2022, the amount of tents of synthetic fibreses imported into Malaysia shrank modestly to 2.3K tons, which is down by -4.1% compared with 2021 figures. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

In value terms, tents of synthetic fibres imports skyrocketed to $12M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.4% 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 +87.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tents of Synthetic Fibres to Malaysia in 2022:

1. China (1686.4 tons)
2. Singapore (523.9 tons)
3. Vietnam (71.5 tons)

Exports of Tents of Synthetic Fibres in Malaysia

In 2022, shipments abroad of tents of synthetic fibreses was finally on the rise to reach 398 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt decline.

In value terms, tents of synthetic fibres exports soared to $3.1M in 2022. Over the period under review, exports, however, faced a dramatic decline.

Top Export Markets for Tents of Synthetic Fibres from Malaysia in 2022:

1. United Arab Emirates (146.5 tons)
2. Taiwan (Chinese) (82.7 tons)
3. South Korea (50.3 tons)
4. Japan (35.8 tons)
5. Philippines (28.0 tons)
6. Singapore (24.0 tons)
7. Thailand (9.3 tons)
8. Australia (8.6 tons)
9. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform