Malaysia: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Malaysia

After two years of decline, the Malaysian market for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to $X in 2021. Overall, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Malaysia

In 2021, the amount of aluminium alloy plates, sheets and strip of thickness over X mm exported from Malaysia skyrocketed to X tons, jumping by X% against the year before. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm surged to $X in 2021. Over the period under review, exports showed a perceptible expansion. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of aluminium alloy plates, sheets and strip of thickness over X mm from Malaysia, accounting for a X% share of total exports. Moreover, exports of aluminium alloy plates, sheets and strip of thickness over X mm to the United States exceeded the volume sent to the second major destination, Singapore (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Taiwan (Chinese) (-X% per year).

In value terms, the United States ($X), Singapore ($X) and Taiwan (Chinese) ($X) constituted the largest markets for aluminium alloy plate, sheet and strip of thickness over X mm exported from Malaysia worldwide, together comprising X% of total exports. Mexico, Thailand, the Philippines and China lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Malaysia

In 2021, supplies from abroad of aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest aluminium alloy plate, sheet and strip of thickness over X mm supplier to Malaysia, with a X% share of total imports. Moreover, imports of aluminium alloy plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and the United States (+X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to Malaysia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and the United States (+X% per year).

Import Prices by Country

In 2021, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, recorded a slight downturn. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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