Report Update: May 1, 2024

Malaysia - Carbides - Market Analysis, Forecast, Size, Trends And Insights

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Carbides Price in Malaysia - 2021

Carbides Price in Malaysia (CIF) - 2022

In 2022, the average carbides import price amounted to $1,322 per ton, waning by -6% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 40%. Over the period under review, average import prices attained the maximum at $3,253 per ton in 2012; however, from 2013 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 Japan ($4,335 per ton), while the price for Vietnam ($467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.8%), while the prices for the other major suppliers experienced a decline.

Carbides Price in Malaysia (FOB) - 2022

The average carbides export price stood at $1,587 per ton in 2022, jumping by 51% against the previous year. In general, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Indonesia ($1,746 per ton), while the average price for exports to Italy ($467 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 Bangladesh (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Carbides Imports in Malaysia

In 2022, carbides imports into Malaysia rose notably to 7.7K tons, picking up by 13% compared with the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 49%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, carbides imports expanded rapidly to $10M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Carbides in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.4	4.4	6.7	7.0	27.2%
Japan	1.7	1.4	1.4	1.5	-4.1%
Vietnam	0.4	0.6	0.3	0.4	0.0%
Italy	0.4	0.3	0.1	0.2	-20.6%
Others	1.0	1.0	1.1	1.2	6.3%
Total	6.8	7.6	9.6	10.2	14.5%

Top Suppliers of Carbides to Malaysia in 2022:

China (6.2K tons)
Vietnam (0.8K tons)
Japan (0.3K tons)
Italy (0.2K tons)

Carbides Exports in Malaysia

For the third consecutive year, Malaysia recorded decline in shipments abroad of carbides, which decreased by -73.7% to 296 tons in 2022. In general, exports recorded a precipitous decrease. The smallest decline of -32.4% was in 2021.

In value terms, carbides exports shrank rapidly to $470K in 2022. Overall, exports faced a significant contraction. The smallest decline of -21% was in 2021.

Export of Carbides in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	1,878	609	112	142	-57.7%
Australia	1,095	66.3	405	118	-52.4%
Indonesia	480	68.0	285	83.1	-44.3%
Taiwan (Chinese)	43.3	22.2	81.5	23.8	-18.1%
Oman	73.1	46.4	55.2	16.1	-39.6%
Bangladesh	196	49.8	19.5	14.8	-57.7%
Italy	45.3	68.0	10.6	7.0	-46.3%
Mozambique	181	39.3	N/A	N/A	-78.3%
Brunei Darussalam	247	N/A	N/A	N/A	0%
South Africa	2,194	392	N/A	N/A	-82.1%
Others	547	130	209	64.9	-50.9%
Total	6,980	1,491	1,178	470	-59.3%

Top Export Markets for Carbides from Malaysia in 2022:

Singapore (93.0 tons)
Australia (82.3 tons)
Indonesia (47.6 tons)
Italy (15.0 tons)
Taiwan (Chinese) (13.8 tons)
Oman (11.4 tons)
Bangladesh (10.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023