Malaysia: Knitted Ski-Suit Market 2025

Knitted Ski-Suit Market Size in Malaysia

The Malaysian knitted ski-suit market amounted to $X in 2022, surging by 2.3% against the previous year. Over the period under review, consumption, however, recorded a mild shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Knitted Ski-Suit Production in Malaysia

In value terms, knitted ski-suit production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 54%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Knitted Ski-Suit Exports

Exports from Malaysia

In 2022, after two years of decline, there was significant growth in shipments abroad of ski-suits of knitted or crocheted textiles, when their volume increased by 46% to X units. In general, exports posted a pronounced increase. The pace of growth was the most pronounced in 2016 with an increase of 209%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, knitted ski-suit exports soared to $X in 2022. Over the period under review, exports posted noticeable growth. The growth pace was the most rapid in 2016 with an increase of 137%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Germany (X units) and the Philippines (X units) were the main destinations of knitted ski-suit exports from Malaysia, with a combined 86% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +7.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for ski-suits of knitted or crocheted textiles exports from Malaysia, comprising 59% of total exports. The second position in the ranking was taken by Germany ($X), with a 14% share of total exports. It was followed by the Philippines, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.8% per year) and the Philippines (+10.3% per year).

Export Prices by Country

The average knitted ski-suit export price stood at $X per unit in 2022, which is down by -4.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 196%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Knitted Ski-Suit Imports

Imports into Malaysia

In 2022, overseas purchases of ski-suits of knitted or crocheted textiles increased by 30% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 1,581%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, knitted ski-suit imports soared to $X in 2022. In general, imports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2018 when imports increased by 467%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X units) constituted the largest knitted ski-suit supplier to Malaysia, with a 52% share of total imports. Moreover, knitted ski-suit imports from India exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Singapore (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.2% per year) and Singapore (-11.0% per year).

In value terms, the largest knitted ski-suit suppliers to Malaysia were China ($X), India ($X) and Portugal ($X), together comprising 85% of total imports.

Portugal, with a CAGR of +19.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average knitted ski-suit import price amounted to $X per unit, jumping by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2019 an increase of 147%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+134.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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