Price for Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia - 2021
Contents:
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia (FOB) - 2022
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia (CIF) - 2022
- Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia
- Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia
Price for Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia (FOB) - 2022
The average pharmaceutical goods; waste pharmaceuticals export price stood at $11,831 per ton in 2022, declining by -29.3% against the previous year. Overall, the export price, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 138% against the previous year. As a result, the export price reached the peak level of $16,742 per ton, and then reduced sharply in the following year.
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 Hong Kong SAR ($19,345 per ton), while the average price for exports to Australia ($1,739 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 Hong Kong SAR (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia (CIF) - 2022
In 2022, the average pharmaceutical goods; waste pharmaceuticals import price amounted to $32,530 per ton, with an increase of 4.2% against the previous year. In general, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 66% against the previous year. The import price peaked at $88,426 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($112,286 per ton), while the price for Thailand ($8,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia
In 2022, overseas shipments of pharmaceutical goods; waste pharmaceuticalses were finally on the rise to reach 3.3 tons after two years of decline. Over the period under review, exports, however, saw a dramatic downturn.
In value terms, pharmaceutical goods; waste pharmaceuticals exports soared to $40K in 2022. In general, exports, however, faced a abrupt decrease.
Export of Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 6.3 | 17.9 | 26.5 | 33.5 | 74.5% |
China | 3.1 | 3.9 | 1.2 | 1.5 | -21.5% |
Hong Kong SAR | 2.0 | 2.7 | 0.8 | 1.1 | -18.1% |
Myanmar | 27.3 | 1.3 | 0.2 | 0.5 | -73.6% |
Brunei Darussalam | 6.7 | 0.9 | 1.2 | 0.5 | -57.9% |
Singapore | 3.5 | 4.0 | 0.3 | 0.2 | -61.5% |
South Korea | 0.8 | 0.8 | 0.1 | 0.2 | -37.0% |
Australia | 0.6 | 0.5 | 0.1 | 0.1 | -45.0% |
Papua New Guinea | 2.4 | N/A | N/A | N/A | 0% |
Cambodia | N/A | 3.7 | N/A | N/A | 0% |
Others | 14.6 | 10.5 | 2.3 | 2.0 | -48.5% |
Total | 67.5 | 46.2 | 32.8 | 39.5 | -16.4% |
Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from Malaysia in 2022:
- Vietnam (2466.0 kg)
- Myanmar (276.0 kg)
- China (123.0 kg)
- Brunei Darussalam (112.0 kg)
- South Korea (90.0 kg)
- Australia (69.0 kg)
- Hong Kong SAR (55.0 kg)
- Singapore (45.0 kg)
Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia
In 2022, pharmaceutical goods; waste pharmaceuticals imports into Malaysia declined markedly to 3.5 tons, waning by -39.3% compared with the previous year. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 290%. As a result, imports attained the peak of 5.8 tons, and then contracted markedly in the following year.
In value terms, pharmaceutical goods; waste pharmaceuticals imports contracted sharply to $114K in 2022. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 278% against the previous year. As a result, imports reached the peak of $181K, and then fell rapidly in the following year.
Import of Pharmaceutical Goods; Waste Pharmaceuticals in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 4.8 | 0.8 | 40.0 | 26.3 | 76.3% |
Hong Kong SAR | 20.2 | 8.9 | 26.9 | 17.7 | -4.3% |
United States | 23.5 | 7.1 | 18.1 | 14.1 | -15.7% |
Belgium | 12.8 | 4.4 | 12.8 | 8.0 | -14.5% |
Indonesia | 6.2 | 2.7 | 9.4 | 7.3 | 5.6% |
India | 8.8 | 1.9 | 6.2 | 4.4 | -20.6% |
Germany | 5.8 | 2.0 | 5.9 | 4.0 | -11.6% |
Japan | 10.0 | 1.8 | 2.3 | 4.0 | -26.3% |
France | 3.6 | 1.4 | 5.0 | 3.3 | -2.9% |
Italy | 6.3 | 0.6 | 3.6 | 2.7 | -24.6% |
Thailand | 5.9 | 1.4 | 2.0 | 2.7 | -22.9% |
United Kingdom | 1.5 | 1.0 | 3.1 | 2.0 | 10.1% |
Australia | 2.8 | 0.8 | 2.3 | 1.7 | -15.3% |
Others | 64.0 | 13.0 | 43.3 | 16.1 | -36.9% |
Total | 176 | 47.9 | 181 | 114 | -13.5% |
Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to Malaysia in 2022:
- Hong Kong SAR (684.0 kg)
- India (460.0 kg)
- South Korea (443.0 kg)
- Belgium (351.0 kg)
- Thailand (340.0 kg)
- Japan (273.0 kg)
- United Kingdom (142.0 kg)
- United States (126.0 kg)
- Indonesia (121.0 kg)
- France (108.0 kg)
- Italy (101.0 kg)
- Australia (88.0 kg)
- Germany (62.0 kg)
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