Price for Embroidery; in the Piece, in Strips or in Motifs in Malaysia - 2023
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Malaysia (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Malaysia (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Malaysia
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Malaysia
Price for Embroidery; in the Piece, in Strips or in Motifs in Malaysia (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $4,820 per ton in 2022, surging by 23% against the previous year. In general, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2015 an increase of 37%. Over the period under review, average import prices reached the maximum at $7,172 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($6,042 per ton), while the price for Hong Kong SAR ($3,832 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-1.4%), while the prices for the other major suppliers experienced a decline.
Price for Embroidery; in the Piece, in Strips or in Motifs in Malaysia (FOB) - 2022
The average export price for embroidery; in the piece, in strips or in motifses stood at $628 per ton in 2022, with a decrease of -81.8% against the previous year. Over the period under review, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 577%. As a result, the export price attained the peak level of $5,017 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.3% per year.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Malaysia
In 2022, after three years of growth, there was significant decline in purchases abroad of embroidery; in the piece, in strips or in motifses, when their volume decreased by -60.9% to 510 tons. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 129%.
In value terms, imports of embroidery; in the piece, in strips or in motifses fell markedly to $2.5M in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 72% against the previous year. As a result, imports reached the peak of $5.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,597 | 4,234 | 4,730 | 2,113 | -6.6% |
| Indonesia | 269 | 278 | 88.0 | 146 | -18.4% |
| Vietnam | N/A | 5.5 | 25.4 | 80.2 | 281.9% |
| Hong Kong SAR | 11.1 | 43.6 | 109 | 31.0 | 40.8% |
| Cambodia | 28.4 | N/A | N/A | N/A | 0% |
| Others | 195 | 772 | 178 | 87.3 | -23.5% |
| Total | 3,101 | 5,332 | 5,131 | 2,458 | -7.5% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Malaysia in 2022:
- China (447.2 tons)
- Indonesia (24.2 tons)
- Vietnam (19.7 tons)
- Hong Kong SAR (8.1 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Malaysia
After three years of growth, shipments abroad of embroidery; in the piece, in strips or in motifses decreased by -69.1% to 312 tons in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 208% against the previous year.
In value terms, exports of embroidery; in the piece, in strips or in motifses dropped significantly to $196K in 2022. Over the period under review, exports showed a noticeable decrease. The pace of growth was the most pronounced in 2020 when exports increased by 1,985% against the previous year. As a result, the exports reached the peak of $4.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Indonesia | N/A | 4.6 | 3.3 | N/A | -28.3% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 0.2 | 4.7 | 3.5 | 0.2 | 0.0% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Malaysia in 2022:
- United States (309.2 tons)
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