Report Update: May 1, 2024

Malaysia - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cyanides, Cyanide Oxides and Complex Cyanides in Malaysia - 2024

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Malaysia (CIF) - 2022

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $6,098 per ton in 2022, growing by 1.5% against the previous year. Overall, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 11% against the previous year. As a result, import price reached the peak level of $12,682 per ton. From 2015 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 Hong Kong SAR ($234,845 per ton), while the price for China ($2,173 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 (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Malaysia (FOB) - 2024

In January 2024, the average export price for cyanides, cyanide oxides and complex cyanideses amounted to $2,254 per ton, picking up by 8.6% against the previous month. In general, the export price, however, showed a slight decrease. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 23% month-to-month. Over the period under review, the average export prices reached the peak figure at $2,797 per ton in January 2023; however, from February 2023 to January 2024, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In January 2024, the country with the highest price was Singapore ($2,622 per ton), while the average price for exports to Cambodia stood at $2,243 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Malaysia

In 2022, approx. 4.8K tons of cyanides, cyanide oxides and complex cyanideses were imported into Malaysia; growing by 3.6% on the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% 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 +63.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses expanded notably to $29M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% 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 +58.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	3.5	4.5	4.2	5.9	19.0%
Australia	0.4	0.1	1.5	5.2	135.1%
China	4.6	5.2	7.1	4.7	0.7%
United States	1.1	N/A	N/A	2.2	26.0%
South Korea	0.3	0.2	0.4	0.5	18.6%
Germany	0.8	0.4	0.4	0.3	-27.9%
Papua New Guinea	N/A	N/A	0.9	N/A	0%
Others	7.9	8.9	13.4	10.7	10.6%
Total	18.5	19.3	27.9	29.4	16.7%

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to Malaysia in 2022:

Australia (2217.5 tons)
China (2149.1 tons)
Japan (115.4 tons)
United States (105.5 tons)
South Korea (82.9 tons)
Germany (49.4 tons)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Malaysia

In 2022, exports of cyanides, cyanide oxides and complex cyanideses from Malaysia surged to 2.5K tons, with an increase of 383% against 2021. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 2,431% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses skyrocketed to $6.9M in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,134% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Cyanides, Cyanide Oxides and Complex Cyanides in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	N/A	N/A	N/A	6.3	0%
Cambodia	N/A	N/A	1.1	0.4	-63.6%
Vietnam	N/A	N/A	N/A	0.3	0%
Others	N/A	0.1	N/A	N/A	0%
Total	N/A	0.1	1.1	6.9	730.7%

Top Export Markets for Cyanides, Cyanide Oxides and Complex Cyanides from Malaysia in 2022:

Indonesia (2240.5 tons)
Cambodia (181.6 tons)
Vietnam (113.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides 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:

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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