Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia - 2024

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia (CIF) - 2022
  2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia (FOB) - 2022
  3. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia
  4. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia (CIF) - 2022

In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $1,938 per unit, waning by -35.5% against the previous year. Overall, the import price saw a abrupt downturn. The growth pace was the most rapid in 2018 when the average import price increased by 237% against the previous year. As a result, import price attained the peak level of $85,261 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 India ($3,917 per unit), while the price for China stood at $1,543 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+50.8%), while the prices for the other major suppliers experienced a decline.

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia (FOB) - 2022

In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $1,131 per unit, waning by -55% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 118%. The export price peaked at $7,382 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 India amounted to +64.5% per year.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia

Imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses into Malaysia skyrocketed to 1.8K units in 2022, surging by 516% against 2021. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 945%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $3.4M in 2022. Overall, imports showed a prominent increase. Imports peaked at $3.4M in 2020; afterwards, it flattened through to 2022.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.02.60.52.46.3%
IndiaN/AN/AN/A0.70%
Taiwan (Chinese)0.6N/A0.4N/A-18.4%
ItalyN/A0.7N/AN/A0%
Others0.40.2N/A0.3-9.1%
Total2.93.40.93.45.4%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Malaysia in 2022:

  1. China (1546.0 units)
  2. India (178.0 units)
  3. Taiwan (Chinese) (3.0 units)

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia

In 2022, shipments abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses decreased by -66.7% to 5 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 267% against the previous year. The exports peaked at 15 units in 2021, and then reduced dramatically in the following year.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses contracted notably to $5.7K in 2022. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. The exports peaked at $38K in 2021, and then declined notably in the following year.

Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/A15.6N/A5.7-39.6%
Hong Kong SAR1.4N/AN/AN/A0%
KenyaN/AN/A3.9N/A0%
ChinaN/AN/A29.1N/A0%
Japan1.4N/AN/AN/A0%
Australia19.4N/A4.8N/A-50.3%
CanadaN/A15.4N/AN/A0%
OthersN/A4.6N/AN/A0%
Total22.135.737.75.7-36.3%

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Malaysia in 2022:

  1. Singapore (5.0 units)

Source: IndexBox Market Intelligence Platform

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