Malaysia - Base Metal Closures, Stoppers, Caps And Lids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Closure Price in Malaysia - 2021
Contents:
- Base Metal Closure Price in Malaysia (FOB) - 2021
- Base Metal Closure Price in Malaysia (CIF) - 2021
- Base Metal Closure Exports in Malaysia
- Base Metal Closure Imports in Malaysia
Base Metal Closure Price in Malaysia (FOB) - 2021
The average base metal closure export price stood at $4,208 per ton in December 2021, increasing by 8% against the previous month. Over the period under review, export price indicated a noticeable increase from December 2020 to December 2021: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, base metal closure export price decreased by -1.5% against October 2021 indices. The pace of growth appeared the most rapid in March 2021 when the average export price increased by 63% month-to-month. As a result, the export price attained the peak level of $5,470 per ton. From April 2021 to December 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($7,919 per ton), while the average price for exports to Vietnam ($3,077 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Closure Price in Malaysia (CIF) - 2021
In December 2021, the average base metal closure import price amounted to $4,636 per ton, approximately equating the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2021 an increase of 14% m-o-m. Over the period under review, average import prices hit record highs at $5,079 per ton in May 2021; however, from June 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($11,021 per ton), while the price for China ($3,563 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Closure Exports in Malaysia
In 2022, base metal closure exports from Malaysia contracted to 13K tons, falling by -10.9% compared with 2021 figures. Overall, exports showed a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year.
In value terms, base metal closure exports reduced rapidly to $45M in 2022. In general, total exports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of $57M, and then dropped markedly in the following year.
| Export of Base Metal Closure in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 10.0 | 6.3 | 8.0 | 6.3 | -14.3% |
| United States | 0.8 | 1.0 | 7.6 | 5.9 | 94.6% |
| New Zealand | 6.3 | 3.5 | 5.9 | 4.6 | -10.0% |
| Thailand | 2.1 | 1.1 | 5.0 | 3.9 | 22.9% |
| Singapore | 5.8 | 3.4 | 4.5 | 3.5 | -15.5% |
| Indonesia | 3.1 | 3.2 | 4.4 | 3.4 | 3.1% |
| Myanmar | 3.5 | 2.4 | 4.0 | 3.1 | -4.0% |
| Ghana | 2.0 | 1.6 | 2.4 | 1.8 | -3.5% |
| Brazil | 0.8 | 0.6 | 2.1 | 1.7 | 28.6% |
| Australia | 1.5 | 2.5 | 1.8 | 1.5 | 0.0% |
| Philippines | 1.9 | 1.8 | 0.8 | 1.1 | -16.7% |
| Japan | 1.2 | 1.0 | 1.3 | 1.0 | -5.9% |
| China | 0.6 | 0.5 | 1.0 | 0.8 | 10.1% |
| Others | 4.2 | 4.1 | 8.7 | 6.7 | 16.8% |
| Total | 43.9 | 33.0 | 57.4 | 45.2 | 1.0% |
Top Export Markets for Base Metal Closure from Malaysia in 2022:
- Vietnam (2373.3 tons)
- New Zealand (1479.4 tons)
- Singapore (1111.1 tons)
- Thailand (986.5 tons)
- Indonesia (938.9 tons)
- Myanmar (914.1 tons)
- United States (903.5 tons)
- Ghana (649.3 tons)
- Brazil (558.4 tons)
- Philippines (497.3 tons)
- Australia (464.2 tons)
- China (403.4 tons)
- Japan (347.1 tons)
Base Metal Closure Imports in Malaysia
In 2022, supplies from abroad of base metal closures, stoppers, caps and lids decreased by -3% to 11K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year.
In value terms, base metal closure imports declined to $48M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $51M, and then shrank in the following year.
| Import of Base Metal Closure in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | 13.6 | 15.9 | 14.7 | 3.7% |
| Vietnam | 0.7 | 1.8 | 6.8 | 6.2 | 106.9% |
| Singapore | 6.7 | 4.8 | 6.3 | 5.8 | -4.7% |
| Thailand | 6.4 | 5.5 | 4.5 | 4.7 | -9.8% |
| Philippines | 2.9 | 2.9 | 3.3 | 3.0 | 1.1% |
| India | 2.7 | 2.8 | 2.7 | 2.5 | -2.5% |
| Cambodia | 1.2 | 2.1 | 2.0 | 1.8 | 14.5% |
| Others | 8.0 | 10.4 | 9.7 | 8.8 | 3.2% |
| Total | 41.8 | 44.0 | 51.1 | 47.5 | 4.4% |
Top Suppliers of Base Metal Closure to Malaysia in 2022:
- China (4.5K tons)
- Singapore (1.4K tons)
- Vietnam (1.3K tons)
- Thailand (1.0K tons)
- Philippines (0.5K tons)
- India (0.5K tons)
- Cambodia (0.4K tons)
This report provides an in-depth analysis of the base metal closure 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 25921370 - Base metal closures, stoppers, caps and lids (excluding of lead, crown corks, aluminium closures, stoppers, caps and lids of a diameter > .21 mm)
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
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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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