Price for Sodium Sulphates; Disodium Sulphate in Malaysia - 2021
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Malaysia (CIF) - 2021
- Price for Sodium Sulphates; Disodium Sulphate in Malaysia (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Malaysia
- Exports of Sodium Sulphates; Disodium Sulphate in Malaysia
Price for Sodium Sulphates; Disodium Sulphate in Malaysia (CIF) - 2021
In December 2021, the average sodium sulphates; disodium sulphate import price amounted to $271 per ton, waning by -63.1% against the previous month. In general, the import price recorded a mild descent. The pace of growth was the most pronounced in March 2021 when the average import price increased by 750% against the previous month. As a result, import price reached the peak level of $1,226 per ton. From April 2021 to December 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was France ($426 per ton), while the price for China amounted to $234 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by India (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sodium Sulphates; Disodium Sulphate in Malaysia (FOB) - 2022
The average sodium sulphates; disodium sulphate export price stood at $492 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when the average export price increased by 689%. As a result, the export price attained the peak level of $1,002 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +75.2% per year.
Imports of Sodium Sulphates; Disodium Sulphate in Malaysia
Sodium sulphates; disodium sulphate imports into Malaysia contracted to 117K tons in 2022, falling by -6.4% on the year before. Overall, imports recorded a mild contraction. The pace of growth was the most pronounced in 2021 when imports increased by 15%. As a result, imports reached the peak of 125K tons, and then dropped in the following year.
In value terms, sodium sulphates; disodium sulphate imports fell to $9M in 2022. Over the period under review, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
| Import of Sodium Sulphates; Disodium Sulphate in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.5 | 7.8 | 9.0 | 8.5 | -3.6% |
| India | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.7 | 0.6 | 0.5 | 0.4 | -17.0% |
| Total | 10.2 | 8.4 | 9.6 | 9.0 | -4.1% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Malaysia in 2022:
- China (113.0K tons)
- India (1.8K tons)
Exports of Sodium Sulphates; Disodium Sulphate in Malaysia
In 2022, approx. 73 tons of sodium sulphates; disodium sulphates were exported from Malaysia; declining by -17.7% on 2021. Over the period under review, exports saw a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 216% against the previous year. As a result, the exports attained the peak of 88 tons, and then declined remarkably in the following year.
In value terms, sodium sulphates; disodium sulphate exports declined significantly to $36K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 183% against the previous year.
| Export of Sodium Sulphates; Disodium Sulphate in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.1 | 26.9 | 43.6 | 35.9 | 610.7% |
| India | 8.8 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 1.1 | 0.1 | N/A | -68.4% |
| Total | 9.9 | 28.0 | 43.7 | 35.9 | 53.6% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Malaysia in 2022:
- Singapore (72.8 tons)
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