Malaysia: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in Malaysia

The Malaysian synthetic yarn market dropped to $X in 2022, shrinking by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Synthetic Yarn Production in Malaysia

In value terms, synthetic yarn production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Synthetic Yarn Exports

Exports from Malaysia

Synthetic yarn exports from Malaysia dropped modestly to X tons in 2022, approximately mirroring 2021 figures. Over the period under review, exports recorded a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, synthetic yarn exports dropped to $X in 2022. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons), Kenya (X tons) and Spain (X tons) were the main destinations of synthetic yarn exports from Malaysia, with a combined X% share of total exports. The United Arab Emirates, Indonesia, Japan, South Africa, Nigeria, the UK, Sri Lanka, Mauritius, Australia and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for synthetic yarn exported from Malaysia were Japan ($X), China ($X) and the United Arab Emirates ($X), with a combined X% share of total exports. Kenya, South Africa, Spain, Indonesia, the UK, Australia, Singapore, Mauritius, Nigeria and Sri Lanka lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average synthetic yarn export price amounted to $X per ton, leveling off at the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic yarn export price increased by X% against 2014 indices. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Kenya ($X 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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Yarn Imports

Imports into Malaysia

In 2022, imports of yarn of synthetic or artificial staple fibers into Malaysia dropped significantly to X tons, with a decrease of X% on the year before. Overall, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then declined sharply in the following year.

In value terms, synthetic yarn imports dropped notably to $X in 2022. In general, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

Thailand (X tons), Vietnam (X tons) and China (X tons) were the main suppliers of synthetic yarn imports to Malaysia, together comprising X% of total imports. Indonesia, Pakistan, Taiwan (Chinese), the Philippines and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest synthetic yarn suppliers to Malaysia were Thailand ($X), China ($X) and Vietnam ($X), with a combined X% share of total imports. Indonesia, Pakistan, Taiwan (Chinese), the Philippines and India lagged somewhat behind, together accounting for a further X%.

Pakistan, with a CAGR of X%, recorded the highest growth rate of 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 synthetic yarn import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, showed a slight contraction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 India ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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