
Malaysia - Woven Pile Fabrics and Chenille Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Malaysia: Market for Woven Pile Fabrics And Chenille Fabrics 2022
Market Size for Woven Pile Fabrics And Chenille Fabrics in Malaysia
The Malaysian pile and chenille fabric market amounted to $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption recorded a slight setback. Pile and chenille fabric consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Production of Woven Pile Fabrics And Chenille Fabrics in Malaysia
In value terms, pile and chenille fabric production expanded significantly to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Exports of Woven Pile Fabrics And Chenille Fabrics
Exports from Malaysia
In 2021, the amount of woven pile fabrics and chenille fabrics exported from Malaysia surged to X tons, increasing by X% on the previous year. Overall, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, pile and chenille fabric exports rose notably to $X in 2021. Over the period under review, exports, however, showed a abrupt setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Sri Lanka (X tons) was the main destination for pile and chenille fabric exports from Malaysia, accounting for a X% share of total exports. Moreover, pile and chenille fabric exports to Sri Lanka exceeded the volume sent to the second major destination, the Philippines (X tons), twofold. Indonesia (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Sri Lanka stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+X% per year) and Indonesia (-X% per year).
In value terms, Indonesia ($X) remains the key foreign market for pile and chenille fabric exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.
From 2012 to 2021, the average annual growth rate of value to Indonesia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (-X% per year) and Turkey (-X% per year).
Export Prices by Country
The average pile and chenille fabric export price stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Indonesia ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+X%), while the prices for the other major destinations experienced a decline.
Imports of Woven Pile Fabrics And Chenille Fabrics
Imports into Malaysia
In 2021, purchases abroad of woven pile fabrics and chenille fabrics decreased by -X% to X tons, falling for the second year in a row after four years of growth. Overall, imports, however, recorded a modest increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, pile and chenille fabric imports fell notably to $X in 2021. Over the period under review, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
Indonesia (X tons), China (X tons) and Japan (X tons) were the main suppliers of pile and chenille fabric imports to Malaysia, together accounting for X% of total imports.
From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +X%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Indonesia ($X) constituted the largest supplier of pile and chenille fabric to Malaysia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Indonesia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Japan (-X% per year).
Import Prices by Country
In 2021, the average pile and chenille fabric import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, saw a pronounced reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Indonesia ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-X%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pile and chenille fabric 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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