Phosphates; of Potassium Price in Malaysia - 2021
Contents:
- Phosphates; of Potassium Price in Malaysia (CIF) - 2022
- Phosphates; of Potassium Price in Malaysia (FOB) - 2021
- Phosphates; of Potassium Imports in Malaysia
- Phosphates; of Potassium Exports in Malaysia
Phosphates; of Potassium Price in Malaysia (CIF) - 2022
In 2022, the average phosphates; of potassium import price amounted to $1,348 per ton, which is down by -7.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. The import price peaked at $1,479 per ton in 2013; however, from 2014 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 Singapore ($4,163 per ton), while the price for Australia ($691 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Phosphates; of Potassium Price in Malaysia (FOB) - 2021
In December 2021, the average phosphates; of potassium export price amounted to $2,257 per ton, picking up by 51% against the previous month. In general, export price indicated prominent growth from December 2020 to December 2021: its price increased at an average monthly rate of +5.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, phosphates; of potassium export price increased by +124.7% against January 2021 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($3,762 per ton), while the average price for exports to Japan ($2,236 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 Singapore (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Malaysia
In 2022, approx. 9K tons of phosphates; of potassia were imported into Malaysia; declining by -16% against 2021 figures. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% 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 +26.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of 11K tons, and then contracted markedly in the following year.
In value terms, phosphates; of potassium imports contracted sharply to $12M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.5% 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 +41.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, imports reached the peak of $16M, and then contracted notably in the following year.
| Import of Phosphates; of Potassium in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.5 | 4.4 | 7.2 | 5.6 | 55.1% |
| China | 2.9 | 1.7 | 4.2 | 3.3 | 4.4% |
| Thailand | 2.0 | 1.1 | 1.9 | 1.5 | -9.1% |
| Australia | 0.7 | 0.6 | 1.0 | 0.8 | 4.6% |
| Belgium | 0.7 | 0.2 | 0.4 | 0.3 | -24.6% |
| Others | 1.7 | 0.6 | 0.9 | 0.7 | -25.6% |
| Total | 9.5 | 8.6 | 15.7 | 12.2 | 8.7% |
Top Suppliers of Phosphates; of Potassium to Malaysia in 2022:
- China (3.9K tons)
- Thailand (2.0K tons)
- Singapore (1.4K tons)
- Australia (1.2K tons)
- Belgium (0.4K tons)
Phosphates; of Potassium Exports in Malaysia
Phosphates; of potassium exports from Malaysia declined to 1.3K tons in 2022, shrinking by -5.2% compared with the previous year. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, phosphates; of potassium exports declined to $1.6M in 2022. Overall, exports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 when exports increased by 37%. As a result, the exports attained the peak of $1.9M, and then dropped in the following year.
| Export of Phosphates; of Potassium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,057 | 654 | 893 | 784 | -9.5% |
| South Korea | 234 | 235 | 381 | 335 | 12.7% |
| Japan | 110 | 118 | 249 | 219 | 25.8% |
| Saudi Arabia | 216 | 292 | 226 | 211 | -0.8% |
| Singapore | 73.2 | 62.5 | 82.0 | 72.0 | -0.5% |
| Others | 67.0 | 6.6 | 39.4 | N/A | -23.3% |
| Total | 1,758 | 1,369 | 1,871 | 1,620 | -2.7% |
Top Export Markets for Phosphates; of Potassium from Malaysia in 2022:
- Australia (648.9 tons)
- South Korea (279.2 tons)
- Saudi Arabia (179.0 tons)
- Japan (161.1 tons)
- Singapore (36.4 tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
