Alloy Steel Powders Price in Malaysia - 2021

Contents:

1. Alloy Steel Powders Price in Malaysia (CIF) - 2021
2. Alloy Steel Powders Price in Malaysia (FOB) - 2022
3. Alloy Steel Powders Imports in Malaysia
4. Alloy Steel Powders Exports in Malaysia

Alloy Steel Powders Price in Malaysia (CIF) - 2021

In December 2021, the average alloy steel powders import price amounted to $1,879 per ton, declining by -23.6% against the previous month. Over the period under review, the import price, however, continues to indicate a measured increase. The growth pace was the most rapid in May 2021 an increase of 218% month-to-month. As a result, import price reached the peak level of $10,434 per ton. From June 2021 to December 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Japan ($3,292 per ton), while the price for China stood at $1,143 per ton.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Alloy Steel Powders Price in Malaysia (FOB) - 2022

The average alloy steel powders export price stood at $2,562 per ton in 2022, dropping by -35.6% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 68%. As a result, the export price reached the peak level of $13,015 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($3,248 per ton), while the average price for exports to Indonesia ($468 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 Vietnam (-8.7%), while the prices for the other major destinations experienced a decline.

Alloy Steel Powders Imports in Malaysia

After two years of decline, supplies from abroad of alloy steel powderses increased by 21% to 1.8K tons in 2022. Over the period under review, imports, however, recorded a abrupt descent.

In value terms, alloy steel powders imports reduced to $3.8M in 2022. Overall, imports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year.

Top Suppliers of Alloy Steel Powders to Malaysia in 2022:

1. China (733.2 tons)
2. Japan (484.8 tons)
3. Taiwan (Chinese) (175.9 tons)
4. Philippines (101.5 tons)
5. South Korea (86.7 tons)
6. Sweden (63.5 tons)
7. United States (20.4 tons)

Alloy Steel Powders Exports in Malaysia

In 2022, approx. 1.1K tons of alloy steel powderses were exported from Malaysia; growing by 9.4% against the previous year's figure. In general, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 96%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, alloy steel powders exports contracted notably to $2.7M in 2022. Over the period under review, exports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 144%. As a result, the exports reached the peak of $3.9M, and then shrank markedly in the following year.

Top Export Markets for Alloy Steel Powders from Malaysia in 2022:

1. China (628.1 tons)
2. Mexico (136.3 tons)
3. Turkey (87.7 tons)
4. Vietnam (77.3 tons)
5. Japan (47.7 tons)
6. Indonesia (46.7 tons)

Source: IndexBox Market Intelligence Platform