Malaysia - Hot-Rolled Bars Of High Speed Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled High Speed Steel Bar in Malaysia - 2021
Contents:
- Price for Hot-Rolled High Speed Steel Bar in Malaysia (CIF) - 2021
- Price for Hot-Rolled High Speed Steel Bar in Malaysia (FOB) - 2022
- Imports of Hot-Rolled High Speed Steel Bar in Malaysia
- Exports of Hot-Rolled High Speed Steel Bar in Malaysia
Price for Hot-Rolled High Speed Steel Bar in Malaysia (CIF) - 2021
The average import price for hot-rolled bars of high speed steel stood at $2,256 per ton in December 2021, with an increase of 28% against the previous month. Over the period under review, import price indicated a modest expansion from December 2020 to December 2021: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, hot-rolled high speed steel bar import price increased by +71.9% against October 2021 indices. The most prominent rate of growth was recorded in November 2021 an increase of 34% against the previous month. Over the period under review, average import prices hit record highs at $2,768 per ton in June 2021; however, from July 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,484 per ton), while the price for Slovenia ($993 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 China (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hot-Rolled High Speed Steel Bar in Malaysia (FOB) - 2022
In 2022, the average export price for hot-rolled bars of high speed steel amounted to $1,814 per ton, waning by -25.8% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 33% against the previous year. As a result, the export price reached the peak level of $7,800 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($10,060 per ton), while the average price for exports to Papua New Guinea ($409 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 the UK (-0.6%), while the prices for the other major destinations experienced a decline.
Imports of Hot-Rolled High Speed Steel Bar in Malaysia
Hot-rolled high speed steel bar imports into Malaysia contracted rapidly to 237 tons in 2022, falling by -22% on the year before. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year.
In value terms, hot-rolled high speed steel bar imports declined markedly to $1.2M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 +33.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of $1.4M, and then fell dramatically in the following year.
| Import of Hot-Rolled High Speed Steel Bar in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 225 | 356 | 572 | 490 | 29.6% |
| China | 244 | 294 | 565 | 408 | 18.7% |
| Singapore | 56.2 | 8.8 | 66.8 | 78.1 | 11.6% |
| Taiwan (Chinese) | 50.1 | 29.6 | 78.2 | 56.1 | 3.8% |
| France | 49.2 | 32.7 | 0.5 | 31.3 | -14.0% |
| Japan | 161 | 56.0 | 12.2 | 6.6 | -65.5% |
| Others | 85.0 | 95.7 | 149 | 87.5 | 1.0% |
| Total | 869 | 873 | 1,444 | 1,158 | 10.0% |
Top Suppliers of Hot-Rolled High Speed Steel Bar to Malaysia in 2022:
- China (136.0 tons)
- Australia (50.3 tons)
- Taiwan (Chinese) (16.7 tons)
- Singapore (15.5 tons)
- France (2.4 tons)
- Japan (1.0 tons)
Exports of Hot-Rolled High Speed Steel Bar in Malaysia
In 2022, exports of hot-rolled bars of high speed steel from Malaysia skyrocketed to 30 tons, jumping by 36% on the year before. Overall, total exports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hot-rolled high speed steel bar exports reached $54K in 2022. In general, exports, however, continue to indicate a noticeable decline.
| Export of Hot-Rolled High Speed Steel Bar in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 18.2 | 23.0 | 24.9 | 27.3 | 14.5% |
| Brunei Darussalam | 0.3 | 8.5 | 15.1 | 15.5 | 272.5% |
| Taiwan (Chinese) | 5.3 | 5.6 | 5.0 | 4.5 | -5.3% |
| China | 4.5 | 3.9 | 2.9 | 2.2 | -21.2% |
| Indonesia | 0.8 | 0.6 | 1.4 | 1.3 | 17.6% |
| Australia | 0.7 | 0.7 | 0.6 | 0.5 | -10.6% |
| Papua New Guinea | 0.8 | 0.6 | 0.3 | 0.5 | -14.5% |
| Singapore | 24.4 | 0.5 | 0.2 | N/A | -90.9% |
| Lao People's Democratic Republic | N/A | 5.9 | N/A | N/A | 0% |
| Others | 6.5 | 5.5 | 3.6 | 2.6 | -26.3% |
| Total | 61.4 | 54.7 | 54.1 | 54.4 | -4.0% |
Top Export Markets for Hot-Rolled High Speed Steel Bar from Malaysia in 2022:
- Brunei Darussalam (19.7 tons)
- United Kingdom (4.3 tons)
- Indonesia (2.1 tons)
- Papua New Guinea (1.1 tons)
- China (1.0 tons)
- Australia (0.6 tons)
- Taiwan (Chinese) (0.5 tons)
- Singapore (0.1 tons)
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar 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 24106610 - Hot-rolled bars of high speed steel
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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