Report Update Nov 1, 2024

Malaysia - Artificial Staple Fibres - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Artificial Staple Fibre Market 2024

Artificial Staple Fibre Market Size in Malaysia

In 2021, the Malaysian artificial staple fibre market decreased by -18.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a slight curtailment. Artificial staple fibre consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Artificial Staple Fibre Production in Malaysia

In value terms, artificial staple fibre production shrank notably to $X in 2021 estimated in export price. In general, production recorded a slight curtailment. The growth pace was the most rapid in 2020 when the production volume increased by 57% against the previous year. Artificial staple fibre production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Artificial Staple Fibre Exports

Exports from Malaysia

In 2021, after six years of growth, there was significant decline in shipments abroad of artificial staple fibres, when their volume decreased by -9% to X tons. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2013 with an increase of 198% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced in the following year.

In value terms, artificial staple fibre exports surged to $X in 2021. In general, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2013 with an increase of 518% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for artificial staple fibre exports from Malaysia, accounting for a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +73.3%.

In value terms, China ($X) also remains the key foreign market for artificial staple fibres exports from Malaysia.

From 2012 to 2021, the average annual growth rate of value to China stood at +67.8%.

Export Prices by Country

In 2021, the average artificial staple fibre export price amounted to $X per ton, growing by 45% against the previous year. Overall, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 107% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -3.1% per year.

Artificial Staple Fibre Imports

Imports into Malaysia

In 2021, purchases abroad of artificial staple fibres increased by 113% to X tons, rising for the third consecutive year after two years of decline. Overall, imports recorded a modest increase. The growth pace was the most rapid in 2016 with an increase of 136% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, artificial staple fibre imports surged to $X in 2021. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 176% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest artificial staple fibre supplier to Malaysia, accounting for a 87% share of total imports. Moreover, artificial staple fibre imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, India ($X) constituted the largest supplier of artificial staple fibres to Malaysia, comprising 68% of total imports. The second position in the ranking was held by China ($X), with a 32% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India totaled +81.2%.

Import Prices by Country

The average artificial staple fibre import price stood at $X per ton in 2021, rising by 15% against the previous year. In general, the import price showed a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 146% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+30.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial staple fibres in the world?

China constituted the country with the largest volume of artificial staple fibre consumption, comprising approx. 15% of total volume. Moreover, artificial staple fibre consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of artificial staple fibres in the world?

The country with the largest volume of artificial staple fibre production was China, comprising approx. 16% of total volume. Moreover, artificial staple fibre production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of artificial staple fibres to Malaysia?

In value terms, the UK constituted the largest supplier of artificial staple fibre to Malaysia, comprising 66% of total imports. The second position in the ranking was occupied by Canada, with a 19% share of total imports.

What are the leading importers of artificial staple fibres from Malaysia?

In value terms, Brunei Darussalam remains the key foreign market for artificial staple fibre exports from Malaysia.

What is the average export price for artificial staple fibres in Malaysia?

In 2020, the average artificial staple fibre export price amounted to $10,020 per ton, with an increase of 11% against the previous year.

What is the average import price for artificial staple fibres in Malaysia?

In 2020, the average artificial staple fibre import price amounted to $1,160 per ton, waning by -34.8% against the previous year.

This report provides an in-depth analysis of the artificial staple fibre 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 2030.

Product coverage:

Prodcom 13103200 - Artificial staple fibres, carded, combed or otherwise processed for spinning

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023