Malaysia - Iron Or Steel Plaited Bands And Slings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSteel Plaited Band Price in Malaysia - 2021
Contents:
- Steel Plaited Band Price in Malaysia (CIF) - 2021
- Steel Plaited Band Price in Malaysia (FOB) - 2021
- Steel Plaited Band Imports in Malaysia
- Steel Plaited Band Exports in Malaysia
Steel Plaited Band Price in Malaysia (CIF) - 2021
In December 2021, the average steel plaited band import price amounted to $8,100 per ton, surging by 105% against the previous month. Over the period under review, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in October 2021 an increase of 147% month-to-month. Over the period under review, average import prices hit record highs in December 2021.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was the United States ($29,260 per ton), while the price for Japan ($2,579 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 the Czech Republic (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Steel Plaited Band Price in Malaysia (FOB) - 2021
The average steel plaited band export price stood at $2,053 per ton in December 2021, shrinking by -24.7% against the previous month. Overall, the export price continues to indicate a mild descent. The most prominent rate of growth was recorded in November 2021 an increase of 112% m-o-m. Over the period under review, the average export prices attained the peak figure at $3,871 per ton in February 2021; however, from March 2021 to December 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($3,169 per ton), while the average price for exports to Italy ($1,191 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 New Zealand (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Steel Plaited Band Imports in Malaysia
Steel plaited band imports into Malaysia dropped dramatically to 2K tons in 2022, reducing by -17.5% against 2021. In general, imports showed a perceptible reduction. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 2.4K tons, and then dropped significantly in the following year.
In value terms, steel plaited band imports shrank notably to $6.3M in 2022. Over the period under review, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, imports reached the peak of $7.8M, and then dropped sharply in the following year.
| Import of Steel Plaited Band in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,244 | 793 | 2,498 | 1,471 | 5.7% |
| Indonesia | 253 | 437 | 807 | 933 | 54.5% |
| Singapore | 2,259 | 670 | 442 | 589 | -36.1% |
| Mexico | 76.3 | 126 | 231 | 403 | 74.2% |
| Thailand | 88.0 | 81.9 | 448 | 365 | 60.7% |
| Taiwan (Chinese) | 221 | 276 | 427 | 348 | 16.3% |
| Japan | 481 | 199 | 372 | 267 | -17.8% |
| India | 329 | 392 | 362 | 93.2 | -34.3% |
| Austria | 577 | 57.1 | 13.4 | 12.3 | -72.3% |
| Others | 1,487 | 1,711 | 2,191 | 1,787 | 6.3% |
| Total | 7,015 | 4,743 | 7,793 | 6,268 | -3.7% |
Top Suppliers of Steel Plaited Band to Malaysia in 2022:
- Indonesia (487.5 tons)
- China (348.2 tons)
- Mexico (277.4 tons)
- Thailand (165.3 tons)
- Taiwan (Chinese) (145.7 tons)
- Singapore (131.8 tons)
- Japan (106.1 tons)
- India (39.2 tons)
- Austria (2.4 tons)
Steel Plaited Band Exports in Malaysia
In 2022, overseas shipments of iron or steel plaited bands and slings increased by 19% to 2.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic decrease.
In value terms, steel plaited band exports surged to $4.3M in 2022. Over the period under review, exports, however, continue to indicate a precipitous curtailment.
| Export of Steel Plaited Band in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10,499 | 943 | 126 | 2,490 | -38.1% |
| Costa Rica | 1,326 | 2,099 | 1,114 | 637 | -21.7% |
| Pakistan | 289 | 39.8 | 288 | 137 | -22.0% |
| New Zealand | 531 | 157 | 145 | 94.6 | -43.7% |
| Australia | 339 | 181 | 163 | 65.1 | -42.3% |
| Vietnam | 2.7 | 40.1 | 110 | 52.5 | 168.9% |
| United States | 248 | 18.5 | 89.2 | 44.7 | -43.5% |
| Singapore | 2,904 | 399 | 99.9 | 43.8 | -75.3% |
| Netherlands | 80.5 | 36.0 | 73.5 | 35.1 | -24.2% |
| South Korea | 137 | 41.4 | 56.3 | 26.9 | -41.9% |
| Others | 1,968 | 1,305 | 1,097 | 684 | -29.7% |
| Total | 18,325 | 5,261 | 3,362 | 4,312 | -38.3% |
Top Export Markets for Steel Plaited Band from Malaysia in 2022:
- India (1235.5 tons)
- Costa Rica (251.5 tons)
- Pakistan (82.6 tons)
- Vietnam (72.6 tons)
- New Zealand (63.4 tons)
- South Korea (61.6 tons)
- United States (39.1 tons)
- Netherlands (33.8 tons)
- Australia (28.1 tons)
- Singapore (12.4 tons)
This report provides an in-depth analysis of the steel plaited band 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 25931150 - Iron or steel plaited bands, slings and the like (excluding electrically insulated)
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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