Malaysia - Permanent Magnets Of Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Permanent Magnet Price in Malaysia - 2021
Contents:
- Metal Permanent Magnet Price in Malaysia (CIF) - 2022
- Metal Permanent Magnet Price in Malaysia (FOB) - 2022
- Metal Permanent Magnet Imports in Malaysia
- Metal Permanent Magnet Exports in Malaysia
Metal Permanent Magnet Price in Malaysia (CIF) - 2022
The average metal permanent magnet import price stood at $41,085 per ton in 2022, jumping by 20% against the previous year. Overall, the import price recorded a slight expansion. The growth pace was the most rapid in 2018 when the average import price increased by 26%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($112,870 per ton), while the price for China ($32,894 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Permanent Magnet Price in Malaysia (FOB) - 2022
The average metal permanent magnet export price stood at $67,293 per ton in 2022, waning by -8.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 38%. The export price peaked at $92,493 per ton in 2014; however, from 2015 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 China ($108,891 per ton), while the average price for exports to Singapore ($17,725 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 Switzerland (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Permanent Magnet Imports in Malaysia
Metal permanent magnet imports into Malaysia plummeted to 3.6K tons in 2022, declining by -26.9% against 2021. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year.
In value terms, metal permanent magnet imports declined to $146M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of $167M, and then contracted in the following year.
Import of Metal Permanent Magnet in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 65.0 | 55.4 | 59.7 | 71.1 | 3.0% |
China | 47.8 | 38.0 | 60.4 | 43.4 | -3.2% |
Vietnam | 10.8 | 8.2 | 28.4 | 16.2 | 14.5% |
Thailand | 7.2 | 5.5 | 7.0 | 10.1 | 11.9% |
Philippines | 0.3 | N/A | N/A | 3.6 | 128.9% |
Others | 9.0 | 11.6 | 11.6 | 1.7 | -42.6% |
Total | 140 | 119 | 167 | 146 | 1.4% |
Top Suppliers of Metal Permanent Magnet to Malaysia in 2022:
- Japan (1680.0 tons)
- China (1320.8 tons)
- Vietnam (347.4 tons)
- Thailand (89.2 tons)
- Philippines (66.7 tons)
Metal Permanent Magnet Exports in Malaysia
In 2022, approx. 1.3K tons of metal permanent magnets were exported from Malaysia; dropping by -16.2% compared with the previous year. Overall, exports showed a abrupt descent. The smallest decline of -2.3% was in 2021.
In value terms, metal permanent magnet exports reduced sharply to $89M in 2022. In general, exports recorded a noticeable descent. The pace of growth appeared the most rapid in 2020 with an increase of 14%.
Export of Metal Permanent Magnet in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 44.6 | 44.6 | 48.5 | 44.7 | 0.1% |
Hong Kong SAR | 6.3 | 10.7 | 5.0 | 9.8 | 15.9% |
Philippines | 13.6 | 16.1 | 18.9 | 9.3 | -11.9% |
China | 21.8 | 28.9 | 14.0 | 6.6 | -32.9% |
Germany | 1.5 | 2.4 | 3.0 | 5.6 | 55.1% |
United States | 5.9 | 2.7 | 13.9 | 4.1 | -11.4% |
Vietnam | 0.8 | 2.6 | 3.9 | 4.0 | 71.0% |
Switzerland | 1.5 | 3.3 | 2.8 | 2.3 | 15.3% |
Myanmar | 0.9 | 1.3 | 0.9 | N/A | 0.0% |
Others | 2.4 | 1.3 | 5.7 | 3.1 | 8.9% |
Total | 99.5 | 114 | 117 | 89.3 | -3.5% |
Top Export Markets for Metal Permanent Magnet from Malaysia in 2022:
- Japan (449.5 tons)
- Hong Kong SAR (261.7 tons)
- Philippines (169.3 tons)
- Germany (112.7 tons)
- Switzerland (80.9 tons)
- Vietnam (74.2 tons)
- China (60.6 tons)
- United States (45.5 tons)
This report provides an in-depth analysis of the metal permanent magnet market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992995 - Permanent magnets and articles intended to become permanent magnets, of metal
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the global metal permanent magnet market.
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Discover the leading countries in the global market for metal permanent magnets and their import values for 2023. Gain insights into key players and market trends in this industry.
Explore the top 10 import markets for permanent magnets, including key statistics and insights. Find out which countries dominate the global import market for these essential materials.
With the development of the electric car and electronic technology industry, the demand for permanent magnets is showing significant growth. China, thanks to government subsidies, continues to maintain low market prices for permanent magnets and dominate the export market.
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
Discover the leading countries in the global market for metal permanent magnets and their import values for 2023. Gain insights into key players and market trends in this industry.
Explore the top 10 import markets for permanent magnets, including key statistics and insights. Find out which countries dominate the global import market for these essential materials.
With the development of the electric car and electronic technology industry, the demand for permanent magnets is showing significant growth. China, thanks to government subsidies, continues to maintain low market prices for permanent magnets and dominate the export market.
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...