Malaysia - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStainless Steel Angle Price in Malaysia - 2021
Contents:
- Stainless Steel Angle Price in Malaysia (CIF) - 2021
- Stainless Steel Angle Price in Malaysia (FOB) - 2021
- Stainless Steel Angle Imports in Malaysia
- Stainless Steel Angle Exports in Malaysia
Stainless Steel Angle Price in Malaysia (CIF) - 2021
In December 2021, the average stainless steel angle import price amounted to $2,781 per ton, shrinking by -12% against the previous month. In general, the import price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in September 2021 when the average import price increased by 134% against the previous month. Over the period under review, average import prices hit record highs at $3,161 per ton in November 2021, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was India ($3,267 per ton), while the price for China stood at $2,118 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+12.0%).
Stainless Steel Angle Price in Malaysia (FOB) - 2021
In December 2021, the average stainless steel angle export price amounted to $2,852 per ton, dropping by -14.9% against the previous month. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in March 2021 an increase of 82% m-o-m. Over the period under review, the average export prices hit record highs at $7,201 per ton in December 2020; however, from January 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Bangladesh ($4,629 per ton), while the average price for exports to the United States ($1,241 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 Indonesia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Stainless Steel Angle Imports in Malaysia
In 2022, approx. 83K tons of angles, shapes and sections of stainless steel or other alloy steel were imported into Malaysia; waning by -4.4% against 2021 figures. In general, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 10%.
In value terms, stainless steel angle imports reduced to $56M in 2022. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year.
Import of Stainless Steel Angle in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 77.0 | 41.6 | 56.2 | 49.1 | -13.9% |
India | 3.5 | 4.0 | 5.1 | 3.9 | 3.7% |
Others | 2.8 | 2.6 | 2.6 | 3.1 | 3.5% |
Total | 83.3 | 48.3 | 64.0 | 56.1 | -12.3% |
Top Suppliers of Stainless Steel Angle to Malaysia in 2022:
- China (80.9K tons)
- India (1.5K tons)
Stainless Steel Angle Exports in Malaysia
In 2022, exports of angles, shapes and sections of stainless steel or other alloy steel from Malaysia rose markedly to 2K tons, growing by 8.4% against the previous year's figure. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 47% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, stainless steel angle exports declined dramatically to $8.5M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. As a result, the exports attained the peak of $10M, and then shrank markedly in the following year.
Export of Stainless Steel Angle in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 1.3 | 2.8 | 3.1 | 3.0 | 32.1% |
Germany | 1.3 | 0.8 | 1.8 | 1.2 | -2.6% |
Thailand | 1.3 | 0.9 | 1.1 | 1.2 | -2.6% |
Taiwan (Chinese) | 0.8 | 1.2 | 2.0 | 0.9 | 4.0% |
United States | N/A | N/A | 0.1 | 0.3 | 200.0% |
Hong Kong SAR | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
Others | 1.5 | 0.9 | 2.1 | 1.6 | 2.2% |
Total | 6.3 | 6.7 | 10.4 | 8.5 | 10.5% |
Top Export Markets for Stainless Steel Angle from Malaysia in 2022:
- Singapore (1104.6 tons)
- Taiwan (Chinese) (272.7 tons)
- Thailand (195.6 tons)
- Germany (84.8 tons)
- Hong Kong SAR (60.7 tons)
- United States (53.6 tons)
This report provides an in-depth analysis of the stainless steel angle 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:
- Prodcom 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
- Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
- Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
- Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless steel
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
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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
This report provides an in-depth analysis of the stainless steel angle market in Malaysia.
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This report provides an in-depth analysis of the global market for hot-rolled round stainless steel.
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