Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia - 2024

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia (FOB) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia (CIF) - 2022
3. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia
4. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $785 per ton in 2022, shrinking by -17.2% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 15%. Over the period under review, the average export prices attained the peak figure at $2,540 per ton in 2012; however, from 2013 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 Indonesia ($2,897 per ton), while the average price for exports to India ($663 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 Indonesia (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,742 per ton in 2022, surging by 10% against the previous year. In general, the import price, however, saw a mild slump. The growth pace was the most rapid in 2021 an increase of 28% against the previous year. The import price peaked at $2,039 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,434 per ton), while the price for South Korea ($638 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia

For the fourth consecutive year, Malaysia recorded growth in overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms, which increased by 7% to 93K tons in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 164% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms shrank to $73M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 124%. As a result, the exports attained the peak of $83M, and then contracted in the following year.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Malaysia in 2022:

1. China (88.4K tons)
2. India (1.2K tons)

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Malaysia

In 2022, supplies from abroad of alloy steel flat-rolled products, of a width of less than 600mms decreased by -11.7% to 29K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 79%.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms declined modestly to $51M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. As a result, imports attained the peak of $53M, and then reduced modestly in the following year.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Malaysia in 2022:

1. China (10.3K tons)
2. South Korea (4.4K tons)
3. Sweden (3.3K tons)
4. Austria (3.1K tons)
5. Japan (2.8K tons)
6. United States (1.4K tons)
7. Germany (1.4K tons)
8. Vietnam (0.8K tons)
9. United Arab Emirates (0.4K tons)
10. Taiwan (Chinese) (0.3K tons)
11. Singapore (0.1K tons)

Source: IndexBox Market Intelligence Platform