Price for Iodides and Iodide Oxides in Malaysia - 2021

Contents:

  1. Price for Iodides and Iodide Oxides in Malaysia (CIF) - 2021
  2. Price for Iodides and Iodide Oxides in Malaysia (FOB) - 2022
  3. Imports of Iodides and Iodide Oxides in Malaysia
  4. Exports of Iodides and Iodide Oxides in Malaysia

Price for Iodides and Iodide Oxides in Malaysia (CIF) - 2021

In December 2021, the average iodides and iodide oxides import price amounted to $32,215 per ton, increasing by 5% against the previous month. In general, the import price continues to indicate a tangible increase. The most prominent rate of growth was recorded in August 2021 an increase of 312% m-o-m. Over the period under review, average import prices reached the peak figure at $42,161 per ton in March 2021; however, from April 2021 to December 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2021, the countries with the highest prices were Canada ($36,970 per ton) and the UK ($36,319 per ton), while the price for Singapore ($27,472 per ton) and Japan ($29,567 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iodides and Iodide Oxides in Malaysia (FOB) - 2022

In 2022, the average iodides and iodide oxides export price amounted to $8,404 per ton, surging by 12% against the previous year. Over the period under review, the export price, however, faced a abrupt descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 87%. Over the period under review, the average export prices hit record highs at $35,288 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($10,133 per ton), while the average price for exports to Australia ($8,369 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 Philippines (+48.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iodides and Iodide Oxides in Malaysia

In 2022, approx. 24 tons of iodides and iodide oxideses were imported into Malaysia; waning by -32.8% on the year before. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 190%. As a result, imports reached the peak of 35 tons, and then declined significantly in the following year.

In value terms, iodides and iodide oxides imports declined dramatically to $767K in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 137% against the previous year. As a result, imports attained the peak of $1.1M, and then fell remarkably in the following year.

Import of Iodides and Iodide Oxides in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India31996.7350182-17.1%
Germany10890.210614710.8%
Japan19757.4261130-12.9%
Singapore13089.715196.4-9.5%
United KingdomN/A4.331.754.2255.0%
Canada3.83.332.06.419.0%
Others251113147152-15.4%
Total1,0094551,079767-8.7%

Top Suppliers of Iodides and Iodide Oxides to Malaysia in 2022:

  1. Japan (7.5 tons)
  2. India (4.6 tons)
  3. Germany (3.0 tons)
  4. Singapore (2.5 tons)
  5. United Kingdom (2.4 tons)
  6. Canada (0.6 tons)

Exports of Iodides and Iodide Oxides in Malaysia

In 2022, after three years of growth, there was significant decline in overseas shipments of iodides and iodide oxideses, when their volume decreased by -33.6% to 6.1 tons. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 160%.

In value terms, iodides and iodide oxides exports shrank dramatically to $51K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 104%. As a result, the exports attained the peak of $69K, and then fell markedly in the following year.

Export of Iodides and Iodide Oxides in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1.60.96.849.9214.8%
Singapore3.96.36.31.1-34.4%
Thailand7.616.539.9N/A129.1%
ColombiaN/A0.415.3N/A3725.0%
Vietnam4.11.1N/AN/A-73.2%
PakistanN/A8.4N/AN/A0%
Others1.4N/A0.30.1-58.5%
Total18.733.668.651.139.8%

Top Export Markets for Iodides and Iodide Oxides from Malaysia in 2022:

  1. Australia (6.0 tons)
  2. Singapore (0.1 tons)

Source: IndexBox Market Intelligence Platform

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