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Malaysia - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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Malaysia: Woolen Yarn Market Overview 2021

Woolen Yarn Market Size in Malaysia

In 2020, the Malaysian woolen yarn market decreased by -X% to $X, falling for the second year in a row after three years of growth. In general, the total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Woolen Yarn Production in Malaysia

In value terms, woolen yarn production declined to $X in 2020 estimated in export prices. In general, the total production indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Woolen yarn production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Woolen Yarn Exports

Exports from Malaysia

For the sixth year in a row, Malaysia recorded decline in overseas shipments of yarn of wool, which decreased by -X% to X tonnes in 2020. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, woolen yarn exports fell significantly to $X in 2020. Over the period under review, exports faced a deep setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Japan (X tonnes) was the main destination for woolen yarn exports from Malaysia, accounting for a X% share of total exports. Moreover, woolen yarn exports to Japan exceeded the volume sent to the second major destination, China (X tonnes), ninefold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Japan amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and Italy (-X% per year).

In value terms, Japan ($X) remains the key foreign market for woolen yarn exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Japan stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and Italy (-X% per year).

Export Prices by Country

In 2020, the average woolen yarn export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. The export price peaked at $X per tonne in 2019, and then contracted in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Woolen Yarn Imports

Imports into Malaysia

After two years of growth, purchases abroad of yarn of wool decreased by -X% to X tonnes in 2020. Over the period under review, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2011 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, woolen yarn imports declined dramatically to $X in 2020. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2011 to 2020, the growth imports failed to regain the momentum.

Imports by Country

India (X tonnes), China (X tonnes) and Italy (X tonnes) were the main suppliers of woolen yarn imports to Malaysia, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Turkey ($X) were the largest woolen yarn suppliers to Malaysia, together accounting for X% of total imports.

Turkey saw the highest rates of growth with regard to the value of imports, among 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 woolen yarn import price stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2010 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per tonne), while the price for Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for yarn of wool in the world?
+
China (281K tonnes) remains the largest woolen yarn consuming country worldwide, comprising approx. 32% of total volume. Moreover, woolen yarn consumption in China exceeded the figures recorded by the second-largest consumer, India (51K tonnes), fivefold. Indonesia (47K tonnes) ranked third in terms of total consumption with a 5.3% share.
What are the largest producers of yarn of wool in the world?
+
The country with the largest volume of woolen yarn production was China (303K tonnes), comprising approx. 34% of total volume. Moreover, woolen yarn production in China exceeded the figures recorded by the second-largest producer, India (57K tonnes), fivefold. The third position in this ranking was occupied by Italy (50K tonnes), with a 5.6% share.
What are the leading suppliers of yarn of wool to Malaysia?
+
In value terms, India ($240K), China ($178K) and Turkey ($142K) constituted the largest woolen yarn suppliers to Malaysia, together accounting for 60% of total imports.
What are the leading importers of yarn of wool from Malaysia?
+
In value terms, Japan ($1.8M) remains the key foreign market for woolen yarn exports from Malaysia, comprising 63% of total exports. The second position in the ranking was occupied by China ($276K), with a 9.7% share of total exports. It was followed by Italy, with a 7.4% share.
What is the average export price for yarn of wool in Malaysia?
+
In 2020, the average woolen yarn export price amounted to $21,750 per tonne, declining by -6.8% against the previous year.
What is the average import price for yarn of wool in Malaysia?
+
The average woolen yarn import price stood at $6,339 per tonne in 2020, rising by 19% against the previous year.

Product coverage:
• Prodcom 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
• Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
• Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.

This report provides an in-depth analysis of the woolen yarn 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 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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