Malaysia - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilk Fabric Price in Malaysia - 2021
Contents:
- Silk Fabric Price in Malaysia (CIF) - 2021
- Silk Fabric Price in Malaysia (FOB) - 2022
- Silk Fabric Imports in Malaysia
- Silk Fabric Exports in Malaysia
Silk Fabric Price in Malaysia (CIF) - 2021
The average silk fabric import price stood at $1.1 per square meter in December 2021, picking up by 8.7% against the previous month. In general, the import price saw a resilient expansion. The pace of growth appeared the most rapid in May 2021 an increase of 173% month-to-month. Over the period under review, average import prices attained the maximum at $4.0 per square meter in August 2021; however, from September 2021 to December 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2020 to December 2021, the rate of growth in terms of prices for China amounted to +5.4% per month.
Silk Fabric Price in Malaysia (FOB) - 2022
In 2022, the average silk fabric export price amounted to $6.3 per square meter, with a decrease of -21.7% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 33% against the previous year. The export price peaked at $8 per square meter in 2021, and then shrank sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($28 per square meter), while the average price for exports to Nigeria ($0.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+238.1%), while the prices for the other major destinations experienced more modest paces of growth.
Silk Fabric Imports in Malaysia
In 2022, overseas purchases of woven fabrics of silk or of silk waste increased by 17% to 2.8M square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a deep downturn. Imports peaked at 4.9M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, silk fabric imports rose remarkably to $9.2M in 2022. In general, imports, however, faced a precipitous setback. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Silk Fabric in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.1 | 8.3 | 4.7 | 6.8 | -25.0% |
| India | 0.9 | 0.1 | 0.4 | 1.8 | 26.0% |
| Singapore | 1.6 | N/A | 1.4 | 0.3 | -42.8% |
| Italy | 0.3 | 0.5 | 0.3 | 0.1 | -30.7% |
| Indonesia | 0.4 | N/A | 0.1 | N/A | -50.0% |
| Myanmar | N/A | N/A | N/A | N/A | 0% |
| Others | 2.4 | 0.8 | 1.6 | 0.3 | -50.0% |
| Total | 21.7 | 9.8 | 8.5 | 9.2 | -24.9% |
Top Suppliers of Silk Fabric to Malaysia in 2022:
- China (2212.8K square meters)
- India (412.3K square meters)
- Indonesia (56.8K square meters)
- Singapore (39.1K square meters)
- Italy (6.5K square meters)
Silk Fabric Exports in Malaysia
In 2022, exports of woven fabrics of silk or of silk waste from Malaysia expanded rapidly to 76K square meters, growing by 6.3% compared with the year before. Over the period under review, exports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. Over the period under review, the exports reached the peak figure at 78K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, silk fabric exports contracted rapidly to $475K in 2022. In general, exports, however, showed a pronounced decline. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $571K, and then declined notably in the following year.
| Export of Silk Fabric in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 241 | 216 | 306 | 264 | 3.1% |
| Singapore | 190 | 114 | 185 | 134 | -11.0% |
| Thailand | 2.6 | 3.8 | 31.5 | 22.8 | 106.2% |
| Indonesia | 32.8 | 6.2 | 9.8 | 8.8 | -35.5% |
| Australia | 11.9 | 5.0 | 1.4 | 8.6 | -10.3% |
| Philippines | 6.0 | 5.2 | 7.2 | 6.0 | 0.0% |
| Nigeria | 5.4 | 2.8 | 2.0 | 1.6 | -33.3% |
| Others | 30.1 | 26.1 | 28.6 | 30.3 | 0.2% |
| Total | 520 | 380 | 571 | 475 | -3.0% |
Top Export Markets for Silk Fabric from Malaysia in 2022:
- Singapore (28.5K square meters)
- Thailand (13.4K square meters)
- Hong Kong SAR (13.1K square meters)
- Indonesia (7.6K square meters)
- Philippines (5.2K square meters)
- Nigeria (2.3K square meters)
- Australia (1.3K square meters)
This report provides an in-depth analysis of the silk fabric market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13201100 - Woven fabrics of silk or silk waste
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
576
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