Malaysia - Base Metal Hinges - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hinge Price in Malaysia - 2021
Contents:
- Base Metal Hinge Price in Malaysia (CIF) - 2021
- Base Metal Hinge Price in Malaysia (FOB) - 2022
- Base Metal Hinge Imports in Malaysia
- Base Metal Hinge Exports in Malaysia
Base Metal Hinge Price in Malaysia (CIF) - 2021
In December 2021, the average base metal hinge import price amounted to $2,556 per ton, reducing by -15.7% against the previous month. Over the period under review, the import price saw a perceptible setback. The most prominent rate of growth was recorded in March 2021 an increase of 24% month-to-month. As a result, import price reached the peak level of $4,763 per ton. From April 2021 to December 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Thailand ($5,451 per ton), while the price for Vietnam ($1,817 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 Thailand (+0.4%), while the prices for the other major suppliers experienced a decline.
Base Metal Hinge Price in Malaysia (FOB) - 2022
The average base metal hinge export price stood at $4,008 per ton in 2022, declining by -10% against the previous year. Over the period under review, the export price showed a pronounced reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs at $5,844 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($5,890 per ton), while the average price for exports to Germany ($463 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 Saudi Arabia (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Hinge Imports in Malaysia
In 2022, base metal hinge imports into Malaysia dropped to 7.1K tons, with a decrease of -11.1% on 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of 8K tons, and then reduced in the following year.
In value terms, base metal hinge imports fell to $23M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of $26M, and then contracted in the following year.
| Import of Base Metal Hinge in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 10.5 | 13.4 | 11.8 | -1.9% |
| Vietnam | 1.6 | 3.1 | 4.2 | 3.7 | 32.2% |
| Thailand | 1.8 | 1.3 | 1.5 | 1.3 | -10.3% |
| Others | 7.1 | 5.7 | 7.2 | 6.6 | -2.4% |
| Total | 23.0 | 20.6 | 26.3 | 23.5 | 0.7% |
Top Suppliers of Base Metal Hinge to Malaysia in 2022:
- China (5.0K tons)
- Vietnam (1.2K tons)
- Thailand (0.3K tons)
Base Metal Hinge Exports in Malaysia
In 2022, the amount of base metal hinges exported from Malaysia soared to 617 tons, surging by 44% against 2021 figures. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.8% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 73%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, base metal hinge exports skyrocketed to $2.5M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 81% against the previous year. As a result, the exports reached the peak of $3M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Base Metal Hinge in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 449 | 760 | 1,099 | 1,072 | 33.7% |
| United States | 690 | 1,755 | 249 | 866 | 7.9% |
| Thailand | 149 | 22.0 | 96.6 | 94.3 | -14.1% |
| Brunei Darussalam | 40.2 | 18.1 | 63.2 | 61.7 | 15.4% |
| Vietnam | 105 | 59.2 | 20.9 | 59.3 | -17.3% |
| China | 26.1 | 42.0 | 47.9 | 46.7 | 21.4% |
| Germany | 9.9 | 26.2 | 35.5 | 34.6 | 51.8% |
| Saudi Arabia | 9.9 | 52.6 | 5.0 | 21.7 | 29.9% |
| Others | 193 | 297 | 296 | 216 | 3.8% |
| Total | 1,672 | 3,032 | 1,913 | 2,472 | 13.9% |
Top Export Markets for Base Metal Hinge from Malaysia in 2022:
- United States (211.9 tons)
- Singapore (182.0 tons)
- Germany (74.8 tons)
- Brunei Darussalam (28.2 tons)
- Saudi Arabia (24.0 tons)
- Thailand (22.9 tons)
- Vietnam (19.0 tons)
- China (15.2 tons)
This report provides an in-depth analysis of the base metal hinge 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 25721410 - Base metal hinges
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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