Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia - 2024

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia (CIF) - 2022

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $210 per ton, waning by -28.2% against the previous year. Over the period under review, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 47% against the previous year. As a result, import price reached the peak level of $1,163 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($1,411 per ton), while the price for the United Arab Emirates ($100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.2%), while the prices for the other major suppliers experienced a decline.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia (FOB) - 2022

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $717 per ton, which is down by -33.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 78%. Over the period under review, the average export prices reached the maximum at $1,424 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($1,710 per ton), while the average price for exports to India ($182 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 Vietnam (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia

For the fourth year in a row, Malaysia recorded growth in purchases abroad of granules and powders, of pig iron, spiegeleisen, iron or steels, which increased by 87% to 291K tons in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 188% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels skyrocketed to $61M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 131%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Malaysia in 2022:

1. Indonesia (101.6K tons)
2. Bangladesh (66.0K tons)
3. Thailand (33.3K tons)
4. Philippines (20.8K tons)
5. Hong Kong SAR (20.1K tons)
6. Pakistan (8.7K tons)
7. Singapore (6.8K tons)
8. Taiwan (Chinese) (5.5K tons)
9. Japan (5.4K tons)
10. United Arab Emirates (3.6K tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Malaysia

In 2022, approx. 7.4K tons of granules and powders, of pig iron, spiegeleisen, iron or steels were exported from Malaysia; rising by 31% compared with the previous year. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 233%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels declined to $5.3M in 2022. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 152% against the previous year. As a result, the exports reached the peak of $6.1M, and then declined in the following year.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Malaysia in 2022:

1. India (2541.9 tons)
2. Indonesia (2245.1 tons)
3. China (629.3 tons)
4. Japan (589.4 tons)
5. Singapore (508.3 tons)
6. United States (300.5 tons)
7. Turkey (247.4 tons)
8. Mexico (6.9 tons)