Malaysia: Market for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury 2024

Market Size for Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in Malaysia

In 2022, the Malaysian market for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury in Malaysia

In value terms, alkali and rare earth metals production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a significant curtailment. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Exports from Malaysia

In 2022, the amount of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury exported from Malaysia reduced sharply to X tons, declining by X% on the previous year. In general, exports saw a significant decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, alkali and rare earth metals exports dropped significantly to $X in 2022. Overall, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Singapore (X tons), Papua New Guinea (X tons) and Indonesia (X tons) were the main destinations of alkali and rare earth metals exports from Malaysia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Papua New Guinea ($X) and Indonesia ($X) constituted the largest markets for alkali and rare earth metals exported from Malaysia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price recorded a deep contraction. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Singapore ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury

Imports into Malaysia

In 2022, overseas purchases of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury were finally on the rise to reach X tons after three years of decline. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, alkali and rare earth metals imports surged to $X in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Australia (X tons) was the main alkali and rare earth metals supplier to Malaysia, accounting for a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia stood at X%.

In value terms, Australia ($X) constituted the largest supplier of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury to Malaysia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Australia stood at X%.

Import Prices by Country

The average import price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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