Malaysia - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in Malaysia - 2021
Contents:
- Metal Washer Price in Malaysia (CIF) - 2021
- Metal Washer Price in Malaysia (FOB) - 2021
- Metal Washer Imports in Malaysia
- Metal Washer Exports in Malaysia
Metal Washer Price in Malaysia (CIF) - 2021
In December 2021, the average metal washer import price amounted to $7,354 per ton, surging by 22% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.0%. The growth pace was the most rapid in March 2021 an increase of 44% against the previous month. The import price peaked in December 2021.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($28,375 per ton), while the price for Hong Kong SAR ($1,379 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 Singapore (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Washer Price in Malaysia (FOB) - 2021
In December 2021, the average metal washer export price amounted to $4,826 per ton, growing by 40% against the previous month. In general, the export price, however, saw a mild curtailment. The most prominent rate of growth was recorded in March 2021 when the average export price increased by 63% month-to-month. As a result, the export price reached the peak level of $6,530 per ton. From April 2021 to December 2021, the the average export prices remained at a 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 Singapore ($12,448 per ton), while the average price for exports to Poland ($2,702 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 Italy (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Washer Imports in Malaysia
In 2022, purchases abroad of iron or steel washers decreased by -4.1% to 3.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 15%.
In value terms, metal washer imports declined modestly to $24M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year.
| Import of Metal Washer in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 5.2 | 6.3 | 5.9 | 7.9% |
| Singapore | 2.0 | 2.6 | 3.8 | 3.6 | 21.6% |
| Japan | 4.6 | 4.3 | 3.5 | 3.5 | -8.7% |
| United States | 1.7 | 2.8 | 3.5 | 3.3 | 24.7% |
| Taiwan (Chinese) | 1.8 | 3.0 | 3.3 | 3.1 | 19.9% |
| Germany | 0.7 | 1.1 | 0.6 | 0.6 | -5.0% |
| United Kingdom | 0.7 | 0.5 | 0.6 | 0.6 | -5.0% |
| Others | 2.9 | 2.8 | 3.0 | 3.0 | 1.1% |
| Total | 19.1 | 22.3 | 24.7 | 23.5 | 7.2% |
Top Suppliers of Metal Washer to Malaysia in 2022:
- China (1361.8 tons)
- Taiwan (Chinese) (545.5 tons)
- United States (418.3 tons)
- Japan (225.0 tons)
- Singapore (179.4 tons)
- United Kingdom (86.8 tons)
- Germany (74.8 tons)
Metal Washer Exports in Malaysia
After three years of growth, shipments abroad of iron or steel washers decreased by -8.9% to 859 tons in 2022. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year.
In value terms, metal washer exports contracted modestly to $4.1M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year.
| Export of Metal Washer in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 791 | 967 | 1,179 | 1,128 | 12.6% |
| Singapore | 648 | 516 | 709 | 678 | 1.5% |
| Thailand | 505 | 672 | 348 | 481 | -1.6% |
| Indonesia | 535 | 548 | 379 | 461 | -4.8% |
| Japan | 96.5 | 127 | 232 | 222 | 32.0% |
| China | 216 | 125 | 229 | 219 | 0.5% |
| Vietnam | 219 | 409 | 55.6 | 215 | -0.6% |
| Sweden | 80.6 | 61.6 | 216 | 207 | 36.9% |
| Poland | N/A | 152 | 210 | N/A | 38.2% |
| Others | 421 | 355 | 642 | 453 | 2.5% |
| Total | 3,512 | 3,931 | 4,199 | 4,065 | 5.0% |
Top Export Markets for Metal Washer from Malaysia in 2022:
- United States (320.1 tons)
- Thailand (107.7 tons)
- Singapore (100.6 tons)
- Indonesia (89.3 tons)
- China (51.7 tons)
- Sweden (41.6 tons)
- Vietnam (28.3 tons)
- Japan (22.3 tons)
This report provides an in-depth analysis of the metal washer 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
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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