Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia - 2024
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia (CIF) - 2022
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia (FOB) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $1,639 per ton in 2022, waning by -48% against the previous year. Over the period under review, the import price recorded a slight decline. The growth pace was the most rapid in 2018 an increase of 34% against the previous year. The import price peaked at $3,150 per ton in 2021, and then shrank markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,561 per ton), while the price for China ($1,304 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia (FOB) - 2022
In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,175 per ton, shrinking by -49.8% against the previous year. Overall, the export price, however, posted a mild increase. The most prominent rate of growth was recorded in 2019 an increase of 211% against the previous year. Over the period under review, the average export prices hit record highs at $7,120 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($4,463 per ton), while the average price for exports to Indonesia ($1,041 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 Australia (+0.7%), while the prices for the other major destinations experienced a decline.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia
Imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings into Malaysia stood at 2.1K tons in 2022, increasing by 4% against the previous year's figure. In general, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings reduced sharply to $3.5M in 2022. Overall, imports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $6.4M, and then fell sharply in the following year.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,841 | 985 | 1,625 | 2,442 | 9.9% |
| Japan | 364 | 513 | 444 | 596 | 17.9% |
| Thailand | 923 | 657 | 3,610 | 193 | -40.6% |
| South Korea | 98.2 | 43.9 | 45.9 | 86.4 | -4.2% |
| Vietnam | 510 | 449 | 81.0 | N/A | -60.1% |
| India | 260 | 743 | 319 | N/A | 10.8% |
| Indonesia | 848 | 666 | 159 | N/A | -56.7% |
| Others | 897 | 471 | 130 | 151 | -44.8% |
| Total | 5,742 | 4,527 | 6,413 | 3,469 | -15.5% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Malaysia in 2022:
- China (1873.1 tons)
- Japan (130.7 tons)
- Thailand (60.0 tons)
- South Korea (29.8 tons)
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia
For the third consecutive year, Malaysia recorded decline in overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which decreased by -84.8% to 22 tons in 2022. In general, exports recorded a precipitous contraction. The smallest decline of -35% was in 2021.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings shrank significantly to $70K in 2022. Overall, exports continue to indicate a dramatic contraction. The smallest decline of -39.1% was in 2020.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | N/A | N/A | 66.9 | 0% |
| Australia | 2,613 | 1,595 | 414 | 1.9 | -91.0% |
| Indonesia | 1.9 | N/A | N/A | 1.7 | -3.6% |
| Nigeria | N/A | N/A | 280 | N/A | 0% |
| Senegal | N/A | N/A | 209 | N/A | 0% |
| Others | 16.3 | 7.8 | 21.3 | N/A | 14.3% |
| Total | 2,631 | 1,603 | 925 | 70.4 | -70.1% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Malaysia in 2022:
- Iran (20.1 tons)
- Indonesia (1.6 tons)
- Australia (0.4 tons)
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581
In value terms, carded and combed synthetic staple fibers imports stood at $X in 2016. Overall, carded and combed synthetic staple fibers imports continue to indicate a mild shrinkage. Global carde...
1265
In value terms, synthetic staple fibers exports stood at $X in 2016. Overall, synthetic staple fibers exports continue to indicate a relatively flat trend pattern. Over the period under review, glo...
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