Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia - 2023

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia (CIF) - 2022
  2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia (FOB) - 2022
  3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia
  4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia (CIF) - 2022

The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $1,785 per ton in 2022, declining by -10.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure at $1,995 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,058 per ton), while the price for China ($1,292 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia (FOB) - 2022

In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,736 per ton, growing by 26% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($6,379 per ton), while the average price for exports to Myanmar ($714 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 Indonesia (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia

In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s imported into Malaysia skyrocketed to 11K tons, rising by 52% against the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% 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 +57.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $20M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% 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 +76.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.25.56.311.530.3%
Thailand1.21.31.62.934.2%
Germany1.71.92.42.310.6%
Australia0.81.10.80.94.0%
Others2.63.03.82.5-1.3%
Total11.512.814.920.220.7%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Malaysia in 2022:

  1. China (8.9K tons)
  2. Thailand (1.1K tons)
  3. Germany (0.5K tons)
  4. Australia (0.3K tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia

In 2022, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Malaysia reduced markedly to 651 tons, falling by -30.2% on the year before. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of 932 tons, and then fell significantly in the following year.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s dropped to $1.8M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of $2M, and then dropped in the following year.

Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6295064996631.8%
Vietnam460330457401-4.5%
Singapore19613912827912.5%
Thailand10313221220525.8%
Indonesia65.585.216214530.3%
Myanmar17.49.9N/A7.7-23.8%
Nigeria126279435N/A85.8%
Others14114.613079.2-17.5%
Total1,7381,4962,0241,7800.8%

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Malaysia in 2022:

  1. Vietnam (229.7 tons)
  2. Japan (172.6 tons)
  3. Singapore (134.4 tons)
  4. Indonesia (51.6 tons)
  5. Thailand (32.2 tons)
  6. Myanmar (10.9 tons)

Source: IndexBox Market Intelligence Platform

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