Malaysia - Sodium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Nitrate Price in Malaysia - 2021
Contents:
- Sodium Nitrate Price in Malaysia (CIF) - 2021
- Sodium Nitrate Price in Malaysia (FOB) - 2022
- Sodium Nitrate Imports in Malaysia
- Sodium Nitrate Exports in Malaysia
Sodium Nitrate Price in Malaysia (CIF) - 2021
In December 2021, the average sodium nitrate import price amounted to $828 per ton, jumping by 46% against the previous month. In general, import price indicated a strong increase from December 2020 to December 2021: its price increased at an average monthly rate of +5.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, sodium nitrate import price increased by +79.9% against July 2021 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2020 to December 2021, the rate of growth in terms of prices for China amounted to +5.4% per month.
Sodium Nitrate Price in Malaysia (FOB) - 2022
In 2022, the average sodium nitrate export price amounted to $1,062 per ton, with an increase of 12% against the previous year. Over the period under review, the export price, however, showed a mild slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 53%. The export price peaked at $1,263 per ton in 2018; however, from 2019 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 Indonesia ($1,187 per ton), while the average price for exports to Singapore stood at $974 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Nitrate Imports in Malaysia
In 2022, the amount of sodium nitrate imported into Malaysia dropped rapidly to 6.1K tons, which is down by -44.5% against the year before. Overall, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
In value terms, sodium nitrate imports fell slightly to $4.8M in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year.
| Import of Sodium Nitrate in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 3.9 | 4.8 | 3.5 | -10.0% |
| Hong Kong SAR | N/A | N/A | N/A | 0.6 | 0% |
| Chile | N/A | N/A | N/A | 0.4 | 0% |
| Germany | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 4.9 | 3.9 | 4.8 | 4.8 | -0.7% |
Top Suppliers of Sodium Nitrate to Malaysia in 2022:
- China (4.6K tons)
- Germany (0.7K tons)
- Hong Kong SAR (0.5K tons)
- Chile (0.3K tons)
Sodium Nitrate Exports in Malaysia
For the third consecutive year, Malaysia recorded decline in overseas shipments of sodium nitrate, which decreased by -85% to 3.9 tons in 2022. Overall, exports continue to indicate a sharp shrinkage. The smallest decline of -40.4% was in 2020.
In value terms, sodium nitrate exports fell sharply to $4.2K in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of -34.8% was in 2020.
| Export of Sodium Nitrate in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.3 | N/A | 3.2 | 2.2 | 19.2% |
| Indonesia | N/A | N/A | N/A | 1.9 | 0% |
| South Korea | 14.6 | N/A | N/A | N/A | 0% |
| Thailand | N/A | 26.9 | N/A | N/A | 0% |
| Vietnam | N/A | 3.2 | N/A | N/A | 0% |
| Philippines | 40.3 | 10.5 | 21.7 | N/A | -26.6% |
| Others | 6.1 | N/A | N/A | N/A | 0% |
| Total | 62.4 | 40.6 | 24.9 | 4.2 | -59.3% |
Top Export Markets for Sodium Nitrate from Malaysia in 2022:
- Singapore (2.3 tons)
- Indonesia (1.6 tons)
This report provides an in-depth analysis of the sodium nitrate market 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:
- FCL 4005 - Sodium nitrate
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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