Malaysia: Man-Made Filament Yarn Market 2024

Man-Made Filament Yarn Market Size in Malaysia

The Malaysian man-made filament yarn market rose rapidly to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Man-Made Filament Yarn Production in Malaysia

In value terms, man-made filament yarn production stood at $X in 2022 estimated in export price. Overall, production recorded a slight setback. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Man-Made Filament Yarn Exports

Exports from Malaysia

In 2022, overseas shipments of man-made filament yarn increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, man-made filament yarn exports declined markedly to $X in 2022. Overall, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tons), Indonesia (X tons) and Japan (X tons) were the main destinations of man-made filament yarn exports from Malaysia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for man-made filament yarn exported from Malaysia were Indonesia ($X), Egypt ($X) and Japan ($X), with a combined X% share of total exports.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average man-made filament yarn export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Indonesia ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

Man-Made Filament Yarn Imports

Imports into Malaysia

In 2022, purchases abroad of man-made filament yarn increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate a temperate increase. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, man-made filament yarn imports surged to $X in 2022. Overall, imports recorded perceptible growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest man-made filament yarn supplier to Malaysia, accounting for a X% share of total imports. Moreover, man-made filament yarn imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), sevenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X), Japan ($X) and the UK ($X) appeared to be the largest man-made filament yarn suppliers to Malaysia, together comprising X% of total imports.

In terms of the main suppliers, Japan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average man-made filament yarn import price amounted to $X per ton, shrinking by X% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, man-made filament yarn import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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