Sulphides; Polysulphides Price in Malaysia - 2021

Contents:

  1. Sulphides; Polysulphides Price in Malaysia (CIF) - 2021
  2. Sulphides; Polysulphides Price in Malaysia (FOB) - 2022
  3. Sulphides; Polysulphides Imports in Malaysia
  4. Sulphides; Polysulphides Exports in Malaysia

Sulphides; Polysulphides Price in Malaysia (CIF) - 2021

The average sulphides; polysulphides import price stood at $2,166 per ton in December 2021, rising by 193% against the previous month. Over the period under review, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in January 2021 when the average import price increased by 368% against the previous month. As a result, import price attained the peak level of $2,484 per ton. From February 2021 to December 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($3,605 per ton), while the price for China ($1,622 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 China (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphides; Polysulphides Price in Malaysia (FOB) - 2022

The average sulphides; polysulphides export price stood at $3,238 per ton in 2022, rising by 18% against the previous year. Overall, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2017 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices reached the maximum at $4,165 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,876 per ton), while the average price for exports to Singapore ($398 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphides; Polysulphides Imports in Malaysia

After three years of growth, overseas purchases of sulphides; polysulphideses decreased by -27.7% to 4.8K tons in 2022. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 125%. As a result, imports attained the peak of 6.6K tons, and then fell sharply in the following year.

In value terms, sulphides; polysulphides imports shrank sharply to $3.2M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 145%. As a result, imports reached the peak of $4.6M, and then fell notably in the following year.

Import of Sulphides; Polysulphides in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Madagascar71.61342,1621,603181.8%
China5638631,1866012.2%
Singapore28730237540912.5%
Germany15449.3255132-5.0%
Thailand20.723.424.618.0-4.6%
Others481497574460-1.5%
Total1,5781,8684,5783,22326.9%

Top Suppliers of Sulphides; Polysulphides to Malaysia in 2022:

  1. Madagascar (2813.7 tons)
  2. China (1545.8 tons)
  3. Singapore (94.4 tons)
  4. Thailand (68.9 tons)
  5. Germany (38.5 tons)

Sulphides; Polysulphides Exports in Malaysia

In 2022, shipments abroad of sulphides; polysulphideses was finally on the rise to reach 29 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a significant contraction.

In value terms, sulphides; polysulphides exports soared to $94K in 2022. In general, exports, however, showed a sharp descent.

Export of Sulphides; Polysulphides in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11743.826.531.1-35.7%
China88.620.014.620.7-38.4%
India51.020.313.116.3-31.6%
Japan22.38.24.66.2-34.7%
Thailand3.15.33.44.19.8%
Sri LankaN/AN/AN/A2.90%
Vietnam4.10.31.01.2-33.6%
Brunei Darussalam1.31.51.21.1-5.4%
Singapore1.11.12.80.1-55.0%
Others38.512.37.810.0-36.2%
Total32711375.093.8-34.0%

Top Export Markets for Sulphides; Polysulphides from Malaysia in 2022:

  1. China (8.5 tons)
  2. United States (6.4 tons)
  3. India (3.7 tons)
  4. Sri Lanka (2.3 tons)
  5. Japan (2.0 tons)
  6. Thailand (1.6 tons)
  7. Brunei Darussalam (1.0 tons)
  8. Vietnam (0.7 tons)
  9. Singapore (0.3 tons)

Source: IndexBox Market Intelligence Platform

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