Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia (CIF) - 2022
The average import price for wadding; other articles thereof, of man-made fibreses stood at $4,266 per ton in 2022, dropping by -6% against the previous year. In general, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 46%. The import price peaked at $11,561 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($11,074 per ton), while the price for China ($3,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-1.9%), while the prices for the other major suppliers experienced a decline.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia (FOB) - 2022
The average export price for wadding; other articles thereof, of man-made fibreses stood at $2,602 per ton in 2022, falling by -9.5% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 75% against the previous year. The export price peaked at $9,384 per ton in 2017; however, from 2018 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 India ($3,957 per ton), while the average price for exports to Indonesia ($2,313 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 Hong Kong SAR (+11.7%), while the prices for the other major destinations experienced a decline.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia
In 2022, imports of wadding; other articles thereof, of man-made fibreses into Malaysia rose markedly to 713 tons, increasing by 9.4% compared with the previous year. Overall, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wadding; other articles thereof, of man-made fibreses expanded modestly to $3M in 2022. Over the period under review, imports, however, saw a deep setback.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,301 | 2,293 | 1,586 | 1,750 | -8.7% |
| Indonesia | 603 | 427 | 630 | 474 | -7.7% |
| Japan | 242 | 164 | 207 | 267 | 3.3% |
| India | 56.7 | 37.7 | 108 | 140 | 35.2% |
| Others | 946 | 524 | 427 | 410 | -24.3% |
| Total | 4,149 | 3,445 | 2,957 | 3,042 | -9.8% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Malaysia in 2022:
- China (549.5 tons)
- Indonesia (56.4 tons)
- Japan (34.2 tons)
- India (30.6 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia
Exports of wadding; other articles thereof, of man-made fibreses from Malaysia stood at 46 tons in 2022, picking up by 8.1% compared with the previous year. Overall, exports, however, showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year.
In value terms, exports of wadding; other articles thereof, of man-made fibreses fell slightly to $119K in 2022. In general, exports, however, showed a precipitous decline.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.2 | 65.8 | 106 | 107 | 346.8% |
| India | N/A | N/A | N/A | 6.6 | 0% |
| Singapore | 623 | N/A | 2.3 | 3.1 | -82.9% |
| Indonesia | N/A | N/A | N/A | 3.0 | 0% |
| Philippines | N/A | 176 | N/A | N/A | 0% |
| Taiwan (Chinese) | 13.8 | N/A | N/A | N/A | 0% |
| Others | 11.9 | 14.4 | 14.2 | N/A | 9.2% |
| Total | 650 | 256 | 122 | 119 | -43.2% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Malaysia in 2022:
- Vietnam (42.1 tons)
- India (1.7 tons)
- Indonesia (1.3 tons)
- Singapore (0.9 tons)
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