Malaysia - Flat-Rolled Products Of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Silicon-Electrical Steel Flat-Rolled Product in Malaysia - 2021
Contents:
- Price for Silicon-Electrical Steel Flat-Rolled Product in Malaysia (CIF) - 2021
- Price for Silicon-Electrical Steel Flat-Rolled Product in Malaysia (FOB) - 2021
- Imports of Silicon-Electrical Steel Flat-Rolled Product in Malaysia
- Exports of Silicon-Electrical Steel Flat-Rolled Product in Malaysia
Price for Silicon-Electrical Steel Flat-Rolled Product in Malaysia (CIF) - 2021
In December 2021, the average silicon-electrical steel flat-rolled product import price amounted to $1,472 per ton, stabilizing at the previous month. In general, import price indicated strong growth from December 2020 to December 2021: its price increased at an average monthly rate of +5.7% 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, silicon-electrical steel flat-rolled product import price increased by +20.0% against September 2021 indices. The growth pace was the most rapid in June 2021 an increase of 20% against the previous month. The import price peaked at $1,490 per ton in November 2021, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($3,137 per ton), while the price for the United States ($505 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 Japan (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicon-Electrical Steel Flat-Rolled Product in Malaysia (FOB) - 2021
In December 2021, the average silicon-electrical steel flat-rolled product export price amounted to $941 per ton, which is down by -9.2% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 an increase of 19% against the previous month. As a result, the export price reached the peak level of $1,103 per ton. From May 2021 to December 2021, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Singapore ($2,236 per ton), while the average price for exports to Italy ($821 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Silicon-Electrical Steel Flat-Rolled Product in Malaysia
In 2022, the amount of flat-rolled products of silicon-electrical steel imported into Malaysia reduced to 63K tons, falling by -12.7% against 2021. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 28%.
In value terms, silicon-electrical steel flat-rolled product imports fell dramatically to $65M in 2022. In general, imports saw a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. As a result, imports attained the peak of $89M, and then fell notably in the following year.
| Import of Silicon-Electrical Steel Flat-Rolled Product in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 10.7 | 10.0 | 23.5 | 19.8 | 22.8% |
| China | 17.7 | 10.1 | 16.6 | 13.7 | -8.2% |
| Vietnam | 13.3 | 12.4 | 18.2 | 13.0 | -0.8% |
| Japan | 14.1 | 7.8 | 17.3 | 6.2 | -24.0% |
| Taiwan (Chinese) | 4.8 | 2.4 | 5.1 | 4.2 | -4.4% |
| United Kingdom | 3.1 | 2.9 | 3.2 | 2.8 | -3.3% |
| Russia | 2.4 | 1.5 | 2.5 | 2.0 | -5.9% |
| Singapore | 1.8 | 0.7 | 0.2 | 1.1 | -15.1% |
| Others | 1.4 | 1.7 | 2.7 | 1.8 | 8.7% |
| Total | 69.4 | 49.5 | 89.4 | 64.7 | -2.3% |
Top Suppliers of Silicon-Electrical Steel Flat-Rolled Product to Malaysia in 2022:
- South Korea (17.3K tons)
- Vietnam (13.2K tons)
- China (11.9K tons)
- United Kingdom (9.5K tons)
- Japan (3.7K tons)
- Taiwan (Chinese) (3.5K tons)
- Singapore (1.3K tons)
- Russia (1.1K tons)
Exports of Silicon-Electrical Steel Flat-Rolled Product in Malaysia
Silicon-electrical steel flat-rolled product exports from Malaysia rose sharply to 27K tons in 2022, growing by 10% on 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 227% against the previous year. As a result, the exports reached the peak of 34K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, silicon-electrical steel flat-rolled product exports skyrocketed to $27M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 185% against the previous year. As a result, the exports reached the peak of $41M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Silicon-Electrical Steel Flat-Rolled Product in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 29.3 | 15.0 | 22.1 | 101.5% |
| France | 5.6 | 4.0 | 0.5 | 1.4 | -37.0% |
| Singapore | 3.6 | 3.5 | 4.2 | 0.6 | -45.0% |
| Indonesia | 1.4 | 0.7 | N/A | 0.4 | -34.1% |
| Others | 1.0 | 3.1 | 2.6 | 2.9 | 42.6% |
| Total | 14.2 | 40.6 | 22.4 | 27.4 | 24.5% |
Top Export Markets for Silicon-Electrical Steel Flat-Rolled Product from Malaysia in 2022:
- China (21.9K tons)
- France (1.2K tons)
- Indonesia (0.2K tons)
- Singapore (0.2K tons)
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product 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 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
- Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
- Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
- Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented
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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