Chlorates; of Sodium Price in Malaysia - 2021
Contents:
- Chlorates; of Sodium Price in Malaysia (CIF) - 2021
- Chlorates; of Sodium Price in Malaysia (FOB) - 2022
- Chlorates; of Sodium Imports in Malaysia
- Chlorates; of Sodium Exports in Malaysia
Chlorates; of Sodium Price in Malaysia (CIF) - 2021
In December 2021, the average chlorates; of sodium import price amounted to $680 per ton, rising by 6.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 an increase of 38% month-to-month. As a result, import price reached the peak level of $771 per ton. From November 2021 to December 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,926 per ton), while the price for New Zealand ($275 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorates; of Sodium Price in Malaysia (FOB) - 2022
The average chlorates; of sodium export price stood at $1,448 per ton in 2022, picking up by 88% against the previous year. In general, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($1,519 per ton), while the average price for exports to Bangladesh amounted to $1,108 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorates; of Sodium Imports in Malaysia
In 2022, approx. 4.3K tons of chlorates; of sodia were imported into Malaysia; remaining stable against the previous year. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, chlorates; of sodium imports surged to $3.3M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 142% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Chlorates; of Sodium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 67.5 | 248 | 934 | 1,942 | 206.4% |
| Canada | 199 | 93.3 | 328 | 914 | 66.2% |
| China | 121 | 116 | 135 | 326 | 39.1% |
| New Zealand | 22.8 | 8.0 | 62.6 | 121 | 74.4% |
| Sweden | 459 | 639 | 1,253 | N/A | 65.2% |
| Others | 31.9 | 43.3 | 63.9 | N/A | 41.5% |
| Total | 901 | 1,146 | 2,776 | 3,304 | 54.2% |
Top Suppliers of Chlorates; of Sodium to Malaysia in 2022:
- Finland (2.4K tons)
- Canada (1.2K tons)
- New Zealand (0.4K tons)
- China (0.3K tons)
Chlorates; of Sodium Exports in Malaysia
In 2022, exports of chlorates; of sodia from Malaysia soared to 30 tons, growing by 730% on the year before. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorates; of sodium exports soared to $44K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chlorates; of Sodium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.3 | 1.3 | 0.7 | 37.9 | 401.8% |
| Bangladesh | N/A | N/A | N/A | 5.7 | 0% |
| India | 1.3 | 1.0 | 1.6 | N/A | 10.9% |
| Indonesia | 0.4 | 0.2 | 0.3 | N/A | -13.4% |
| Others | 0.7 | 0.1 | 0.1 | N/A | -62.2% |
| Total | 2.7 | 2.7 | 2.8 | 43.6 | 152.8% |
Top Export Markets for Chlorates; of Sodium from Malaysia in 2022:
- Thailand (25.0 tons)
- Bangladesh (5.2 tons)
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