Phosphorus Price in Malaysia - 2021
Contents:
- Phosphorus Price in Malaysia (CIF) - 2022
- Phosphorus Price in Malaysia (FOB) - 2022
- Phosphorus Imports in Malaysia
- Phosphorus Exports in Malaysia
Phosphorus Price in Malaysia (CIF) - 2022
In 2022, the average phosphorus import price amounted to $5,381 per ton, surging by 6.9% against the previous year. Overall, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2015 an increase of 97%. As a result, import price attained the peak level of $19,630 per ton. From 2016 to 2022, the average 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 China ($35,893 per ton), while the price for Vietnam ($4,985 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Phosphorus Price in Malaysia (FOB) - 2022
The average phosphorus export price stood at $8,995 per ton in 2022, reducing by -4.4% against the previous year. In general, the export price recorded a abrupt setback. The growth pace was the most rapid in 2016 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices hit record highs at $30,471 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 Taiwan (Chinese) ($68,110 per ton), while the average price for exports to the United States ($4,575 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 Taiwan (Chinese) (+11.6%), while the prices for the other major destinations experienced a decline.
Phosphorus Imports in Malaysia
In 2022, the amount of phosphori imported into Malaysia reduced rapidly to 950 tons, which is down by -32% on 2021 figures. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 174%. As a result, imports attained the peak of 1.4K tons, and then declined remarkably in the following year.
In value terms, phosphorus imports fell sharply to $5.1M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 120%. As a result, imports attained the peak of $7M, and then reduced dramatically in the following year.
| Import of Phosphorus in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.5 | 1.3 | 5.5 | 4.6 | 45.3% |
| Others | 1.3 | 1.9 | 1.5 | 0.5 | -27.3% |
| Total | 2.7 | 3.2 | 7.0 | 5.1 | 23.6% |
Top Suppliers of Phosphorus to Malaysia in 2022:
- Vietnam (923.7 tons)
Phosphorus Exports in Malaysia
For the fourth consecutive year, Malaysia recorded growth in overseas shipments of phosphori, which increased by 4.7% to 652 kg in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 68%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, phosphorus exports totaled $5.9K in 2022. In general, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Phosphorus in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 2.9 | 3.1 | 3.0 | 3.1 | 2.2% |
| United States | 2.3 | 2.3 | 2.0 | 1.9 | -6.2% |
| United Kingdom | 0.7 | 0.5 | 0.8 | 0.9 | 8.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.9 | 5.9 | 5.9 | 5.9 | 0.0% |
Top Export Markets for Phosphorus from Malaysia in 2022:
- United States (419.0 kg)
- United Kingdom (186.0 kg)
- Taiwan (Chinese) (45.0 kg)
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