Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia - 2024

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia (FOB) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia (CIF) - 2022
3. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia
4. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia (FOB) - 2022

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $395 per ton in 2022, declining by -18.1% against the previous year. Over the period under review, the export price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $743 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($3,190 per ton), while the average price for exports to Italy ($331 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 China (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia (CIF) - 2022

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $537 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 75% against the previous year. The import price peaked at $1,427 per ton in 2014; however, from 2015 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 China ($1,637 per ton), while the price for Taiwan (Chinese) ($369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+57.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia

In 2022, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from Malaysia skyrocketed to 14K tons, growing by 154% against 2021. In general, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses surged to $5.5M in 2022. Overall, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Malaysia in 2022:

1. Ireland (5.9K tons)
2. Italy (4.0K tons)
3. India (2.6K tons)
4. Belgium (0.5K tons)
5. Indonesia (0.3K tons)
6. United Arab Emirates (0.2K tons)
7. Turkey (0.1K tons)

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Malaysia

Imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses into Malaysia reduced markedly to 386 tons in 2022, declining by -54.3% against the year before. Over the period under review, imports showed a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses dropped notably to $207K in 2022. Overall, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $460K, and then dropped sharply in the following year.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Malaysia in 2022:

1. Thailand (334.8 tons)
2. Taiwan (Chinese) (30.9 tons)
3. Japan (14.3 tons)
4. China (6.2 tons)

Source: IndexBox Market Intelligence Platform