Malaysia - Pickling Preparations For Metal Surfaces - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Malaysia - Pickling Preparations For Metal Surfaces - Market Analysis, Forecast, Size, Trends And Insights

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Metal Pickling Preparations Price in Malaysia - 2021

Contents:

  1. Metal Pickling Preparations Price in Malaysia (CIF) - 2021
  2. Metal Pickling Preparations Price in Malaysia (FOB) - 2021
  3. Metal Pickling Preparations Imports in Malaysia
  4. Metal Pickling Preparations Exports in Malaysia

Metal Pickling Preparations Price in Malaysia (CIF) - 2021

In December 2021, the average metal pickling preparations import price amounted to $9,168 per ton, picking up by 6.2% against the previous month. Overall, import price indicated mild growth from December 2020 to December 2021: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, metal pickling preparations import price decreased by -30.6% against August 2021 indices. The most prominent rate of growth was recorded in August 2021 an increase of 48% month-to-month. As a result, import price reached the peak level of $13,218 per ton. From September 2021 to December 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the United States ($75,009 per ton), while the price for India ($1,327 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 South Korea (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Pickling Preparations Price in Malaysia (FOB) - 2021

The average metal pickling preparations export price stood at $6,780 per ton in December 2021, waning by -7.3% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2021 when the average export price increased by 50% m-o-m. As a result, the export price reached the peak level of $10,292 per ton. From August 2021 to December 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Indonesia ($26,552 per ton), while the average price for exports to Thailand ($3,004 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 Vietnam (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports in Malaysia

For the fourth year in a row, Malaysia recorded growth in overseas purchases of pickling preparations for metal surfaces, which increased by 2.5% to 19K tons in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, metal pickling preparations imports soared to $151M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metal Pickling Preparations in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan37.234.840.263.319.4%
Singapore14.515.219.731.028.8%
United States8.29.912.419.533.5%
Taiwan (Chinese)4.66.26.610.431.2%
China4.74.74.07.516.9%
South Korea3.23.42.64.814.5%
India1.00.90.91.514.5%
Germany0.91.20.61.518.6%
Others4.34.57.811.940.4%
Total78.680.994.815124.3%

Top Suppliers of Metal Pickling Preparations to Malaysia in 2022:

  1. Singapore (4.1K tons)
  2. China (4.0K tons)
  3. Japan (3.3K tons)
  4. South Korea (2.6K tons)
  5. India (1.0K tons)
  6. Taiwan (Chinese) (0.8K tons)
  7. Germany (0.6K tons)
  8. United States (0.5K tons)

Metal Pickling Preparations Exports in Malaysia

In 2022, exports of pickling preparations for metal surfaces from Malaysia expanded to 3.4K tons, growing by 2.5% compared with the previous year. In general, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% 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 +58.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 55%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, metal pickling preparations exports reached $22M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Metal Pickling Preparations in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2.83.54.34.618.0%
Singapore4.93.54.24.1-5.8%
India1.42.32.52.521.3%
Philippines1.31.22.62.422.7%
Indonesia2.61.92.32.2-5.4%
Thailand1.91.01.91.8-1.8%
China1.71.61.71.6-2.0%
Nigeria0.10.10.10.10.0%
Others1.82.12.32.714.5%
Total18.717.221.922.05.6%

Top Export Markets for Metal Pickling Preparations from Malaysia in 2022:

  1. Singapore (1020.1 tons)
  2. Philippines (888.7 tons)
  3. Thailand (426.8 tons)
  4. Vietnam (280.9 tons)
  5. Indonesia (182.4 tons)
  6. China (93.9 tons)
  7. Nigeria (89.7 tons)
  8. India (54.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal pickling preparations 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 20595620 - Pickling preparations for metal surfaces

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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