Metals; Palladium, Semi-Manufactured Price in Malaysia - 2022

Metals; Palladium, Semi-Manufactured Price in Malaysia (CIF) - 2022

In 2022, the average metals; palladium, semi-manufactured import price amounted to $7,408,603 per ton, which is down by -9.9% against the previous year. Overall, the import price, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 an increase of 45% against the previous year. As a result, import price reached the peak level of $8,222 per kg, and then shrank in the following year.

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 the UK ($10,127,704 per ton), while the price for China amounted to $6,598,788 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.1%).

Metals; Palladium, Semi-Manufactured Price in Malaysia (FOB) - 2022

In 2022, the average metals; palladium, semi-manufactured export price amounted to $7,285,760 per ton, almost unchanged from the previous year. Overall, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 55% against the previous year. As a result, the export price reached the peak level of $12,897 per kg. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($7,576,247 per ton) and Singapore ($6,829,053 per ton), while the average price for exports to Japan ($6,324,997 per ton) and South Korea ($6,796,122 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+315.1%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Palladium, Semi-Manufactured Imports in Malaysia

After two years of decline, supplies from abroad of metals; palladium, semi-manufactureds increased by 332% to 5.1 tons in 2022. Over the period under review, imports, however, recorded a dramatic decrease.

In value terms, metals; palladium, semi-manufactured imports soared to $38M in 2022. Overall, imports, however, showed a sharp decline.

Import of Metals; Palladium, Semi-Manufactured in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	82.8	44.3	N/A	24.9	-33.0%
United Kingdom	15.1	20.7	9.2	12.3	-6.6%
Thailand	0.1	0.2	0.2	0.1	0.0%
Others	0.5	0.3	0.3	0.2	-26.3%
Total	98.5	65.6	9.7	37.6	-27.5%

Top Suppliers of Metals; Palladium, Semi-Manufactured to Malaysia in 2022:

Thailand (undefined tons)
China (3.8 tons)
United Kingdom (1.2 tons)

Metals; Palladium, Semi-Manufactured Exports in Malaysia

In 2022, metals; palladium, semi-manufactured exports from Malaysia declined sharply to 16 kg, with a decrease of -20% compared with the previous year. Over the period under review, exports continue to indicate a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 100% against the previous year.

In value terms, metals; palladium, semi-manufactured exports contracted rapidly to $114K in 2022. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year.

Export of Metals; Palladium, Semi-Manufactured in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	15.3	60.5	95.4	72.3	67.8%
Singapore	341	14.9	25.7	21.4	-60.3%
Hong Kong SAR	52.6	7.1	11.2	8.5	-45.5%
Japan	91.9	0.2	6.2	4.7	-62.9%
Italy	124	2.1	4.5	3.9	-68.4%
Others	N/A	N/A	N/A	3.2	0%
Total	625	84.8	143	114	-43.3%