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Malaysia - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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Malaysia: Overview of the Market for Jute And Jute-Like Fibers 2021

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Market Size for Jute And Jute-Like Fibers in Malaysia

In 2019, the Malaysian jute and jute-like fibers market was finally on the rise to reach $X for the first time since 2015, thus ending a three-year declining trend. Overall, the total consumption indicated a mild expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Production of Jute And Jute-Like Fibers in Malaysia

In value terms, jute and jute-like fibers production expanded markedly to $X in 2019 estimated in export prices. Over the period under review, the total production indicated mild growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. 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 production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

In 2019, the average jute and jute-like fibers yield in Malaysia expanded notably to X tonnes per ha, increasing by X% against 2018. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, the yield attained the peak level of X tonnes per ha. From 2016 to 2019, the growth of the average jute and jute-like fibers yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the harvested area of jute and jute-like fibers in Malaysia rose modestly to X ha, with an increase of X% compared with 2018 figures. Overall, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the harvested area increased by X% y-o-y. The jute and jute-like fibers harvested area peaked at X ha in 2016; however, from 2017 to 2019, the harvested area stood at a somewhat lower figure.

Exports of Jute And Jute-Like Fibers

Exports from Malaysia

In 2019, overseas shipments of jute and jute-like fibers decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. In general, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, jute and jute-like fibers exports amounted to $X in 2019. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Indonesia (X tonnes) was the main destination for jute and jute-like fibers exports from Malaysia, accounting for a X% share of total exports. Moreover, jute and jute-like fibers exports to Indonesia exceeded the volume sent to the second major destination, Nigeria (X tonnes), eightfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Indonesia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Benin (X% per year).

In value terms, Indonesia ($X) remains the key foreign market for jute and jute-like fibers exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Indonesia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Benin (X% per year).

Export Prices by Country

The average jute and jute-like fibers export price stood at $X per tonne in 2019, rising by X% against the previous year. Overall, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% year-to-year. The export price peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Nigeria ($X per tonne), while the average price for exports to Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jute And Jute-Like Fibers

Imports into Malaysia

Jute and jute-like fibers imports into Malaysia skyrocketed to X tonnes in 2019, picking up by X% against the previous year. In general, imports posted a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, jute and jute-like fibers imports rose sharply to $X in 2019. Overall, imports saw slight growth. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Thailand (X tonnes) was the main supplier of jute and jute-like fibers to Malaysia, accounting for a X% share of total imports. Moreover, jute and jute-like fibers imports from Thailand exceeded the figures recorded by the second-largest supplier, Singapore (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Thailand stood at +X%.

In value terms, Thailand ($X) constituted the largest supplier of jute and jute-like fibers to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Thailand stood at +X%.

Import Prices by Country

In 2019, the average jute and jute-like fibers import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for Thailand stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Singapore.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for jute and jute-like fibers in the world?
+
The countries with the highest volumes of jute and jute-like fibers consumption in 2019 were India (2.1M tonnes), Bangladesh (1.4M tonnes) and Pakistan (94K tonnes), with a combined 91% share of global consumption.
What are the largest producers of jute and jute-like fibers in the world?
+
The countries with the highest volumes of jute and jute-like fibers production in 2019 were India (2.1M tonnes) and Bangladesh (1.6M tonnes), with a combined 93% share of global production.
What are the leading suppliers of jute and jute-like fibers to Malaysia?
+
In value terms, Thailand ($79K) constituted the largest supplier of jute and jute-like fibers to Malaysia, comprising 70% of total imports. The second position in the ranking was occupied by Singapore ($34K), with a 30% share of total imports.
What are the leading importers of jute and jute-like fibers from Malaysia?
+
In value terms, Indonesia ($236K) remains the key foreign market for jute and jute-like fibers exports from Malaysia, comprising 65% of total exports. The second position in the ranking was occupied by Nigeria ($81K), with a 22% share of total exports.
What is the average export price for jute and jute-like fibers in Malaysia?
+
In 2019, the average jute and jute-like fibers export price amounted to $573 per tonne, with an increase of 52% against the previous year.
What is the average import price for jute and jute-like fibers in Malaysia?
+
The average jute and jute-like fibers import price stood at $254 per tonne in 2019, declining by -14.1% against the previous year.

Product coverage:
• FCL 780 - Jute
• FCL 782 - Jute-like fibres

This report provides an in-depth analysis of the market for jute and jute-like fibers 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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