Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia - 2024

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia (CIF) - 2024
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia (FOB) - 2024
  3. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia
  4. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia (CIF) - 2024

In January 2024, the average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $340 per ton, shrinking by -23.3% against the previous month. In general, the import price showed a pronounced reduction. The pace of growth was the most pronounced in August 2023 an increase of 45% month-to-month. As a result, import price reached the peak level of $578 per ton. From September 2023 to January 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($1,688 per ton), while the price for the United States ($226 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia (FOB) - 2024

In January 2024, the average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $220 per ton, therefore, remained relatively stable against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in March 2023 when the average export price increased by 18% m-o-m. Over the period under review, the average export prices attained the peak figure at $232 per ton in September 2023; however, from October 2023 to January 2024, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($622 per ton), while the average price for exports to India ($108 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia

In 2022, the amount of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates imported into Malaysia surged to 736K tons, picking up by 25% against the previous year. The total import volume increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $266M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States95.667.310014514.9%
China20.519.315.752.436.7%
Turkey5.430.427.421.859.2%
Bulgaria4.60.81.38.924.6%
TokelauN/A12.0N/AN/A0%
Others26.722.527.638.312.8%
Total15315217226620.2%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Malaysia in 2022:

  1. United States (463.0K tons)
  2. China (146.7K tons)
  3. Turkey (54.5K tons)
  4. Bulgaria (26.4K tons)

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia

In 2022, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates from Malaysia declined to 229K tons, dropping by -5.8% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt curtailment. The smallest decline of -2.7% was in 2021.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates reduced to $45M in 2022. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 9.9% against the previous year.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India24.913.212.911.1-23.6%
Indonesia10.710.29.510.2-1.6%
China3.43.53.93.83.8%
Singapore2.01.42.13.520.5%
Thailand3.53.94.02.7-8.3%
Vietnam1.81.72.22.410.1%
Bangladesh2.82.13.42.2-7.7%
Myanmar2.91.41.92.0-11.6%
Philippines1.20.20.90.7-16.4%
Others10.46.67.76.6-14.1%
Total63.544.248.645.3-10.6%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Malaysia in 2022:

  1. India (92.0K tons)
  2. Indonesia (32.6K tons)
  3. Singapore (21.9K tons)
  4. Bangladesh (20.3K tons)
  5. Myanmar (15.1K tons)
  6. China (9.8K tons)
  7. Thailand (7.6K tons)
  8. Vietnam (6.1K tons)
  9. Philippines (4.0K tons)

Source: IndexBox Market Intelligence Platform

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