Malaysia: Expanded Clays Market 2024

Expanded Clays Market Size in Malaysia

The Malaysian expanded clays market stood at $X in 2022, leveling off at the previous year. Overall, consumption saw a pronounced slump. Expanded clays consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Expanded Clays Production in Malaysia

In value terms, expanded clays production stood at $X in 2022 estimated in export price. Over the period under review, production saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Expanded clays production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Expanded Clays Exports

Exports from Malaysia

In 2022, approx. X tons of exfoliated vermiculite, expanded clays and foamed slag were exported from Malaysia; picking up by X% compared with the previous year. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, expanded clays exports surged to $X in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), Singapore (X tons) and Indonesia (X tons) were the main destinations of expanded clays exports from Malaysia, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United States ($X) and the UK ($X) appeared to be the largest markets for expanded clays exported from Malaysia worldwide, together comprising X% of total exports. Switzerland, Singapore, Indonesia, Thailand and Vietnam lagged somewhat behind, together comprising a further X%.

Indonesia, 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 2022, the average expanded clays export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price posted a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Indonesia ($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 Singapore (X%), while the prices for the other major destinations experienced a decline.

Expanded Clays Imports

Imports into Malaysia

After two years of decline, purchases abroad of exfoliated vermiculite, expanded clays and foamed slag increased by X% to X tons in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, expanded clays imports fell sharply to $X in 2022. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest expanded clays supplier to Malaysia, with a X% share of total imports. Moreover, expanded clays imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

In value terms, the largest expanded clays suppliers to Malaysia were Italy ($X), the United States ($X) and China ($X), with a combined X% share of total imports. The UK and Turkey lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average expanded clays import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price faced a deep contraction. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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