Malaysia: Playing Cards Market 2024

Playing Cards Market Size in Malaysia

The Malaysian playing cards market surged to $X in 2022, picking up by 20% against the previous year. In general, the total consumption indicated tangible growth from 2012 to 2022: its value 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. Based on 2022 figures, consumption decreased by -14.3% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Playing Cards Production in Malaysia

In value terms, playing cards production stood at $X in 2022 estimated in export price. In general, production showed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 83%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Playing Cards Exports

Exports from Malaysia

In 2022, overseas shipments of playing cards decreased by -4.8% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 141%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, playing cards exports contracted rapidly to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 138% against the previous year. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Singapore (X tons) was the main destination for playing cards exports from Malaysia, with a 67% share of total exports. Moreover, playing cards exports to Singapore exceeded the volume sent to the second major destination, the Philippines (X tons), fivefold. Thailand (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+16.8% per year) and Thailand (-4.4% per year).

In value terms, Singapore ($X) remains the key foreign market for playing cards exports from Malaysia, comprising 68% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 13% share of total exports. It was followed by Indonesia, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore amounted to +52.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+26.8% per year) and Indonesia (+48.0% per year).

Export Prices by Country

The average playing cards export price stood at $X per ton in 2022, dropping by -12.4% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, playing cards export price increased by +18.5% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and the Philippines ($X per ton), while the average price for exports to Vietnam ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Playing Cards Imports

Imports into Malaysia

In 2022, supplies from abroad of playing cards was finally on the rise to reach X tons after three years of decline. Over the period under review, imports showed a modest expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 75%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, playing cards imports reduced modestly to $X in 2022. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 71% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X tons), Singapore (X tons) and the United States (X tons) were the main suppliers of playing cards imports to Malaysia, together comprising 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +68.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest playing cards suppliers to Malaysia were Japan ($X), Singapore ($X) and the United States ($X), together comprising 83% of total imports.

Singapore, with a CAGR of +76.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average playing cards import price stood at $X per ton in 2022, falling by -8.3% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, playing cards import price increased by +62.1% against 2017 indices. The pace of growth was the most pronounced in 2019 an increase of 21% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and China ($X per ton), while the price for Singapore ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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