Borates; Peroxoborates (Perborates) Price in Malaysia - 2021
Contents:
- Borates; Peroxoborates (Perborates) Price in Malaysia (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Malaysia (FOB) - 2021
- Borates; Peroxoborates (Perborates) Imports in Malaysia
- Borates; Peroxoborates (Perborates) Exports in Malaysia
Borates; Peroxoborates (Perborates) Price in Malaysia (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $414 per ton in 2022, flattening at the previous year. Overall, the import price saw a noticeable decline. The growth pace was the most rapid in 2016 when the average import price increased by 6.4% against the previous year. Over the period under review, average import prices hit record highs at $530 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($503 per ton), while the price for Turkey amounted to $306 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.6%).
Borates; Peroxoborates (Perborates) Price in Malaysia (FOB) - 2021
The average borates; peroxoborates (perborates) export price stood at $584 per ton in December 2021, surging by 9.6% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in January 2021 an increase of 51% month-to-month. As a result, the export price reached the peak level of $690 per ton. From February 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 Australia ($977 per ton), while the average price for exports to India ($472 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 New Zealand (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Imports in Malaysia
In 2022, the amount of borates; peroxoborates (perborates)s imported into Malaysia declined to 34K tons, which is down by -14.3% against the previous year. In general, imports faced a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year.
In value terms, borates; peroxoborates (perborates) imports contracted to $14M in 2022. Over the period under review, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 41%.
| Import of Borates; Peroxoborates (Perborates) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.8 | 6.7 | 9.7 | 8.2 | -26.7% |
| Turkey | 6.0 | 4.1 | 5.9 | 5.1 | -5.3% |
| Others | 1.5 | 0.9 | 0.9 | 0.8 | -18.9% |
| Total | 28.2 | 11.7 | 16.5 | 14.1 | -20.6% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Malaysia in 2022:
- Turkey (16.6K tons)
- United States (16.4K tons)
Borates; Peroxoborates (Perborates) Exports in Malaysia
In 2022, borates; peroxoborates (perborates) exports from Malaysia declined significantly to 16K tons, waning by -24.9% compared with the year before. Overall, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 99%.
In value terms, borates; peroxoborates (perborates) exports fell markedly to $8M in 2022. In general, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 109% against the previous year.
| Export of Borates; Peroxoborates (Perborates) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.8 | 1.5 | 4.1 | 2.3 | 42.2% |
| Indonesia | 11.2 | 0.1 | 0.1 | 2.1 | -42.8% |
| Thailand | 1.3 | 1.6 | 1.5 | 0.9 | -11.5% |
| Japan | N/A | 0.3 | 0.8 | 0.4 | 15.5% |
| Vietnam | 0.2 | 0.1 | 0.8 | 0.4 | 26.0% |
| China | N/A | 0.1 | 0.8 | 0.4 | 100.0% |
| Bangladesh | 0.6 | 0.2 | 0.5 | 0.3 | -20.6% |
| Papua New Guinea | 0.4 | 0.3 | 0.4 | 0.2 | -20.6% |
| Others | 1.7 | 1.0 | 1.9 | 1.0 | -16.2% |
| Total | 16.1 | 5.2 | 10.9 | 8.0 | -20.8% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Malaysia in 2022:
- Indonesia (4.4K tons)
- India (4.3K tons)
- Thailand (1.5K tons)
- China (1.1K tons)
- Japan (0.9K tons)
- Vietnam (0.9K tons)
- Bangladesh (0.6K tons)
- Papua New Guinea (0.4K tons)
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