Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia - 2024

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $98,646 per ton, waning by -17.8% against the previous year. Overall, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 234% against the previous year. As a result, import price attained the peak level of $235,060 per ton. From 2020 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 Switzerland ($229,006 per ton), while the price for South Korea ($39,204 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $43,462 per ton in 2022, waning by -21.4% against the previous year. Over the period under review, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 558% against the previous year. Over the period under review, the average export prices hit record highs at $373,790 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($223,249 per ton), while the average price for exports to the United Arab Emirates ($2,940 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 Singapore (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia

In 2022, imports of balances; of a sensitivity of 5cg or better, with or without weightses into Malaysia surged to 28 tons, picking up by 77% compared with 2021. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $2.3M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Malaysia in 2022:

1. China (11.0 tons)
2. Netherlands (7.5 tons)
3. Germany (4.7 tons)
4. Singapore (1.4 tons)
5. Japan (1.1 tons)
6. South Korea (0.7 tons)
7. Switzerland (0.3 tons)
8. Philippines (0.1 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Malaysia

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses exported from Malaysia soared to 12 tons, surging by 134% against 2021 figures. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 146% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $492K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 312%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Malaysia in 2022:

1. Indonesia (10.0 tons)
2. United States (0.6 tons)
3. United Arab Emirates (0.5 tons)
4. Singapore (0.1 tons)

Source: IndexBox Market Intelligence Platform