Malaysia - Textile Products And Articles For Technical Uses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTechnical Textiles Price in Malaysia - 2021
Contents:
- Technical Textiles Price in Malaysia (CIF) - 2021
- Technical Textiles Price in Malaysia (FOB) - 2021
- Technical Textiles Imports in Malaysia
- Technical Textiles Exports in Malaysia
Technical Textiles Price in Malaysia (CIF) - 2021
The average technical textiles import price stood at $8,215 per ton in December 2021, surging by 2.4% against the previous month. Over the period under review, the import price, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in September 2021 when the average import price increased by 54% month-to-month. The import price peaked at $11,984 per ton in October 2021; however, from November 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($31,660 per ton), while the price for China ($5,589 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Technical Textiles Price in Malaysia (FOB) - 2021
The average technical textiles export price stood at $12,411 per ton in December 2021, surging by 48% against the previous month. Overall, export price indicated a modest expansion from December 2020 to December 2021: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, technical textiles export price increased by +66.4% against October 2021 indices. Over the period under review, the average export prices reached the maximum at $13,476 per ton in May 2021; however, from June 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was the United States ($62,368 per ton), while the average price for exports to Bangladesh ($2,422 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Technical Textiles Imports in Malaysia
In 2022, imports of textile products and articles for technical uses into Malaysia fell to 7K tons, declining by -7.8% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. As a result, imports attained the peak of 7.6K tons, and then shrank in the following year.
In value terms, technical textiles imports reduced to $91M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 16%.
Import of Technical Textiles in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 35.2 | 36.7 | 50.2 | 45.5 | 8.9% |
Japan | 7.5 | 9.4 | 8.2 | 8.4 | 3.8% |
United States | 6.6 | 8.5 | 6.3 | 6.5 | -0.5% |
Germany | 5.6 | 7.8 | 4.6 | 5.6 | 0.0% |
Singapore | 4.1 | 3.0 | 5.7 | 5.3 | 8.9% |
Taiwan (Chinese) | 2.2 | 3.0 | 3.0 | 2.8 | 8.4% |
Italy | 2.8 | 2.4 | 2.4 | 2.3 | -6.3% |
Switzerland | 1.5 | 2.4 | 2.3 | 2.1 | 11.9% |
Others | 8.0 | 11.8 | 14.1 | 12.3 | 15.4% |
Total | 73.5 | 85.0 | 96.6 | 90.8 | 7.3% |
Top Suppliers of Technical Textiles to Malaysia in 2022:
- China (4924.8 tons)
- United States (286.8 tons)
- Singapore (266.5 tons)
- Germany (236.5 tons)
- Taiwan (Chinese) (210.2 tons)
- Japan (194.8 tons)
- Italy (113.5 tons)
- Switzerland (108.4 tons)
Technical Textiles Exports in Malaysia
In 2022, technical textiles exports from Malaysia shrank to 4.3K tons, dropping by -12.7% against the year before. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36%.
In value terms, technical textiles exports contracted to $47M in 2022. In general, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 22%.
Export of Technical Textiles in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.3 | 7.8 | 8.6 | 7.9 | -8.5% |
Netherlands | 7.5 | 8.3 | 6.7 | 6.7 | -3.7% |
Singapore | 5.0 | 5.3 | 6.2 | 5.7 | 4.5% |
China | 5.5 | 5.2 | 5.8 | 5.2 | -1.9% |
Indonesia | 9.3 | 3.0 | 5.0 | 5.1 | -18.1% |
Germany | 0.8 | 0.6 | 3.8 | 3.5 | 63.6% |
Thailand | 1.6 | 2.2 | 2.6 | 2.4 | 14.5% |
Australia | 2.7 | 2.4 | 1.3 | 1.9 | -11.1% |
Philippines | 1.1 | 1.0 | 1.6 | 1.5 | 10.9% |
Vietnam | 1.3 | 1.4 | 1.1 | 1.1 | -5.4% |
India | 0.8 | 0.8 | 1.1 | 1.0 | 7.7% |
Bangladesh | 0.8 | 0.4 | 0.3 | 0.5 | -14.5% |
Others | 4.7 | 3.6 | 7.1 | 4.2 | -3.7% |
Total | 51.5 | 41.9 | 51.2 | 46.6 | -3.3% |
Top Export Markets for Technical Textiles from Malaysia in 2022:
- Indonesia (1391.3 tons)
- Thailand (605.0 tons)
- Germany (351.4 tons)
- Singapore (296.4 tons)
- China (291.6 tons)
- Netherlands (209.8 tons)
- Philippines (204.6 tons)
- United States (165.4 tons)
- Australia (146.4 tons)
- Bangladesh (144.8 tons)
- India (124.0 tons)
- Vietnam (81.2 tons)
This report provides an in-depth analysis of the technical textiles 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 13961620 - Textile hosepiping and similar textile tubing, whether or not impregnated or coated, with or without lining, armour or accessories of other materials
- Prodcom 13961650 - Textile wicks, conveyor belts or belting (including reinforced with metal or other material)
- Prodcom 13961680 - Textile fabrics and felts, for paper-making machines or similar machines (including for pulp or asbestos-cement)
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
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This report provides an in-depth analysis of the technical textiles market in Malaysia.
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