Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia - 2024
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia (CIF) - 2024
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia (FOB) - 2022
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia (CIF) - 2024
The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,843 per ton in April 2024, approximately mirroring the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 9.2% against the previous month. Over the period under review, average import prices hit record highs at $4,172 per ton in July 2023; however, from August 2023 to April 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,837 per ton), while the price for China ($3,487 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia (FOB) - 2022
The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,507 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the export price, however, recorded a pronounced contraction. The growth pace was the most rapid in 2020 an increase of 33%. The export price peaked at $5,938 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($6,213 per ton), while the average price for exports to China ($2,470 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 Greece (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia
In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms imported into Malaysia dropped to 155K tons, shrinking by -4.4% compared with 2021. Overall, imports saw a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms expanded significantly to $709M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 328 | 269 | 455 | 502 | 15.2% |
| Japan | 78.9 | 80.2 | 84.3 | 88.9 | 4.1% |
| United States | 23.0 | 19.8 | 31.3 | 53.5 | 32.5% |
| Taiwan (Chinese) | 15.4 | 9.6 | 11.5 | 12.6 | -6.5% |
| South Korea | 24.6 | 19.1 | 6.2 | 10.8 | -24.0% |
| Others | 42.2 | 36.0 | 39.0 | 41.7 | -0.4% |
| Total | 512 | 434 | 628 | 709 | 11.5% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Malaysia in 2022:
- China (121.0K tons)
- Japan (14.3K tons)
- United States (6.8K tons)
- Taiwan (Chinese) (2.7K tons)
- South Korea (2.5K tons)
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia
In 2022, approx. 44K tons of aluminium plates, sheets and strip of thickness exceeding 0.2 mms were exported from Malaysia; with an increase of 8.7% against the year before. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $155M in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 82%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 17.8 | 39.3 | 44.2 | 105.4% |
| United States | 9.6 | 7.8 | 22.7 | 30.1 | 46.4% |
| Singapore | 12.7 | 12.9 | 19.8 | 23.9 | 23.5% |
| Taiwan (Chinese) | 3.3 | 5.8 | 5.9 | 9.8 | 43.7% |
| Japan | 2.0 | 5.0 | 5.6 | 9.3 | 66.9% |
| Spain | 0.5 | 0.4 | 0.7 | 8.5 | 157.1% |
| Mexico | 2.7 | 2.0 | 7.6 | 6.3 | 32.6% |
| Indonesia | 3.2 | 3.0 | 5.0 | 6.2 | 24.7% |
| Thailand | 5.1 | 3.1 | 4.1 | 3.3 | -13.5% |
| India | 13.1 | 6.4 | 6.3 | 3.1 | -38.1% |
| Greece | 17.6 | N/A | N/A | N/A | 0% |
| Others | 6.7 | 4.1 | 7.1 | 10.0 | 14.3% |
| Total | 81.6 | 68.2 | 124 | 155 | 23.8% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Malaysia in 2022:
- China (17.9K tons)
- United States (7.7K tons)
- Singapore (3.8K tons)
- Spain (2.8K tons)
- Taiwan (Chinese) (2.4K tons)
- Japan (1.7K tons)
- Indonesia (1.4K tons)
- Mexico (1.4K tons)
- India (1.1K tons)
- Thailand (1.1K tons)
189
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Malaysia.
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This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Malaysia.
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This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
189
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Malaysia.
278
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Malaysia.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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