Carbonates; Potassium Carbonate Price in Malaysia - 2021
Contents:
- Carbonates; Potassium Carbonate Price in Malaysia (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Malaysia (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Malaysia
- Carbonates; Potassium Carbonate Exports in Malaysia
Carbonates; Potassium Carbonate Price in Malaysia (CIF) - 2022
In 2022, the average carbonates; potassium carbonate import price amounted to $887 per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 11% against the previous year. The import price peaked at $1,254 per ton in 2013; however, from 2014 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 Germany ($2,361 per ton), while the price for Singapore ($684 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Potassium Carbonate Price in Malaysia (FOB) - 2022
In 2022, the average carbonates; potassium carbonate export price amounted to $1,294 per ton, increasing by 15% against the previous year. In general, the export price saw a modest increase. The pace of growth was the most pronounced in 2020 an increase of 110%. Over the period under review, the average export prices reached the peak figure at $2,086 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Mauritius ($2,559 per ton), while the average price for exports to Singapore totaled $1,168 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+315.6%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonates; Potassium Carbonate Imports in Malaysia
In 2022, the amount of carbonates; potassium carbonates imported into Malaysia reduced modestly to 9.6K tons, dropping by -5% compared with 2021. Overall, imports saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 3.3% against the previous year.
In value terms, carbonates; potassium carbonate imports shrank slightly to $8.5M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, imports reached the peak of $8.9M, and then reduced slightly in the following year.
| Import of Carbonates; Potassium Carbonate in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.0 | 5.7 | 6.1 | 5.5 | 3.2% |
| Taiwan (Chinese) | 0.4 | 1.2 | 1.3 | 1.2 | 44.2% |
| United States | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
| Thailand | 0.9 | 0.4 | 0.2 | 0.5 | -17.8% |
| Germany | N/A | N/A | 0.4 | 0.4 | 0.0% |
| Singapore | 0.4 | N/A | N/A | 0.2 | -20.6% |
| Others | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Total | 7.7 | 8.1 | 8.9 | 8.5 | 3.3% |
Top Suppliers of Carbonates; Potassium Carbonate to Malaysia in 2022:
- South Korea (6.6K tons)
- Taiwan (Chinese) (1.6K tons)
- United States (0.4K tons)
- Thailand (0.4K tons)
- Singapore (0.2K tons)
- Germany (0.2K tons)
Carbonates; Potassium Carbonate Exports in Malaysia
Carbonates; potassium carbonate exports from Malaysia dropped to 31 tons in 2022, with a decrease of -13.8% compared with the previous year. In general, exports faced a deep slump. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year.
In value terms, carbonates; potassium carbonate exports dropped modestly to $40K in 2022. Overall, exports recorded a mild slump. The growth pace was the most rapid in 2021 when exports increased by 2.7% against the previous year.
| Export of Carbonates; Potassium Carbonate in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 10.2 | 24.8 | 23.5 | 32.6 | 47.3% |
| Mauritius | 4.9 | 14.4 | 5.2 | 7.1 | 13.2% |
| Thailand | N/A | N/A | 1.9 | N/A | 0% |
| Indonesia | 25.9 | N/A | 2.3 | N/A | -70.2% |
| Bangladesh | N/A | N/A | 7.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 41.0 | 39.2 | 40.3 | 39.7 | -1.1% |
Top Export Markets for Carbonates; Potassium Carbonate from Malaysia in 2022:
- Singapore (27.9 tons)
- Mauritius (2.8 tons)
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