Malaysia - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Corundum Price in Malaysia - 2021
Contents:
- Artificial Corundum Price in Malaysia (CIF) - 2021
- Artificial Corundum Price in Malaysia (FOB) - 2022
- Artificial Corundum Imports in Malaysia
- Artificial Corundum Exports in Malaysia
Artificial Corundum Price in Malaysia (CIF) - 2021
The average artificial corundum import price stood at $1,142 per ton in December 2021, declining by -34.7% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2021 an increase of 51% m-o-m. As a result, import price reached the peak level of $1,749 per ton, and then declined notably in the following month.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was China ($987 per ton), while the price for Russia stood at $928 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Artificial Corundum Price in Malaysia (FOB) - 2022
The average artificial corundum export price stood at $1,109 per ton in 2022, with a decrease of -76.5% against the previous year. Over the period under review, the export price, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2021 an increase of 391%. As a result, the export price reached the peak level of $4,726 per ton, and then contracted notably in the following year.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +42.2% per year.
Artificial Corundum Imports in Malaysia
In 2022, artificial corundum imports into Malaysia dropped sharply to 849 tons, waning by -42.7% against the previous year's figure. Over the period under review, imports showed a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 86% against the previous year. As a result, imports reached the peak of 1.5K tons, and then fell sharply in the following year.
In value terms, artificial corundum imports fell rapidly to $1.1M in 2022. In general, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 94% against the previous year. As a result, imports attained the peak of $1.5M, and then fell remarkably in the following year.
| Import of Artificial Corundum in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 183 | 106 | 9.0 | 758 | 60.6% |
| Germany | 3.3 | 1.6 | 9.2 | 165 | 268.4% |
| China | 684 | 598 | 1,393 | N/A | 42.7% |
| Others | 18.2 | 41.1 | 39.4 | 176 | 113.0% |
| Total | 889 | 747 | 1,451 | 1,099 | 7.3% |
Top Suppliers of Artificial Corundum to Malaysia in 2022:
- Japan (346.6 tons)
- Germany (107.2 tons)
Artificial Corundum Exports in Malaysia
In 2022, the amount of artificial corundum exported from Malaysia skyrocketed to 13 tons, jumping by 1,185% on 2021. Over the period under review, exports recorded a prominent increase.
In value terms, artificial corundum exports surged to $14K in 2022. In general, exports saw a resilient increase.
| Export of Artificial Corundum in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 14.0 | 0% |
| Poland | N/A | 4.7 | N/A | N/A | 0% |
| Vietnam | 6.4 | 6.4 | 0.2 | N/A | -82.3% |
| South Africa | N/A | 12.2 | N/A | N/A | 0% |
| Israel | 2.0 | N/A | N/A | N/A | 0% |
| Others | 0.9 | N/A | 4.4 | N/A | 121.1% |
| Total | 9.2 | 23.3 | 4.6 | 14.0 | 15.0% |
Top Export Markets for Artificial Corundum from Malaysia in 2022:
- Philippines (12.6 tons)
This report provides an in-depth analysis of the artificial corundum market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991500 - Artificial corundum (excluding mechanical mixtures)
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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