Report Update Nov 1, 2024

Malaysia - Noils of Wool or Fine Animal Hair - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Noils Of Wool Market 2024

Noils Of Wool Market Size in Malaysia

The Malaysian noils of wool market was estimated at $X in 2021, picking up by 8.6% against the previous year. In general, consumption, however, saw a slight shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Noils Of Wool Production in Malaysia

In value terms, noils of wool production expanded sharply to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2014 with an increase of 17%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Noils Of Wool Exports

Exports from Malaysia

For the third year in a row, Malaysia recorded decline in overseas shipments of noils of wool or fine animal hair, which decreased by -32.9% to X tons in 2021. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 23% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, noils of wool exports plummeted to $X in 2021. Overall, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2013 when exports increased by 20%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X tons), France (X tons) and Germany (X tons) were the main destinations of noils of wool exports from Malaysia, together comprising 43% of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +22.8%), while shipments for the other leaders experienced a decline.

In value terms, Japan ($X) remains the key foreign market for noils of wool or fine animal hair exports from Malaysia, comprising 51% of total exports. The second position in the ranking was taken by China ($X), with a 13% share of total exports. It was followed by Italy, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value to Japan stood at -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-36.8% per year) and Italy (-21.3% per year).

Export Prices by Country

The average noils of wool export price stood at $X per ton in 2021, with a decrease of -5.1% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to India ($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 Japan (+0.4%), while the prices for the other major destinations experienced a decline.

Noils Of Wool Imports

Imports into Malaysia

Noils of wool imports into Malaysia declined significantly to X kg in 2015, which is down by -70.3% against 2014 figures. In general, imports recorded a sharp contraction. Imports peaked at X tons in 2014, and then shrank sharply in the following year.

In value terms, noils of wool imports fell rapidly to $X in 2015. Overall, imports showed a sharp reduction. Imports peaked at $X in 2014, and then fell significantly in the following year.

Imports by Country

In 2015, China (X kg) was the main supplier of noils of wool to Malaysia, with a approx. 100% share of total imports.

From 2014 to 2015, the average annual rate of growth in terms of volume from China stood at -70.3%.

In value terms, China ($X) constituted the largest supplier of noils of wool or fine animal hair to Malaysia.

From 2014 to 2015, the average annual rate of growth in terms of value from China totaled -50.6%.

Import Prices by Country

The average noils of wool import price stood at $X per ton in 2015, with an increase of 67% against the previous year. Over the period under review, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2014 to 2015, the rate of growth in terms of prices for China amounted to +66.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for noils of wool or fine animal hair in the world?

China remains the largest noils of wool consuming country worldwide, accounting for 17% of total volume. Moreover, noils of wool 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 7.3% share.

What are the largest producers of noils of wool or fine animal hair in the world?

The country with the largest volume of noils of wool production was China, accounting for 18% of total volume. Moreover, noils of wool 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 7.4% share.

What are the leading suppliers of noils of wool or fine animal hair to Malaysia?

In value terms, China constituted the largest supplier of noils of wool to Malaysia.

What are the leading importers of noils of wool or fine animal hair from Malaysia?

In value terms, Germany, Italy and the UK were the largest markets for noils of wool exported from Malaysia worldwide, together accounting for 96% of total exports.

What is the average export price for noils of wool or fine animal hair in Malaysia?

The average noils of wool export price stood at $2,356 per ton in 2021, rising by 42% against the previous year.

What is the average import price for noils of wool or fine animal hair in Malaysia?

In 2015, the average noils of wool import price amounted to $5,000 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the noils of wool 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 13102300 - Noils of wool or fine animal hair

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