Price for Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of aluminium stood at $12 per unit in 2022, increasing by 28% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 45%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($26 per unit), while the price for Germany ($8.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+86.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of aluminium stood at $4 per unit in 2022, dropping by -50% against the previous year. Over the period under review, the export price saw a noticeable contraction. The growth pace was the most rapid in 2020 when the average export price increased by 115%. As a result, the export price attained the peak level of $8 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($41 per unit), while the average price for exports to Singapore ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia

After two years of decline, purchases abroad of containers for compressed or liquefied gas, of aluminium increased by 26% to 229K units in 2022. In general, imports, however, saw a abrupt setback. Over the period under review, imports of reached the maximum at 399K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of containers for compressed or liquefied gas, of aluminium surged to $2.8M in 2022. Over the period under review, imports, however, saw a deep contraction. Over the period under review, imports of reached the maximum at $4.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1851092521,053-3.9%
China35540576087935.3%
Taiwan (Chinese)11882.410118215.5%
Germany279176160175-14.4%
Indonesia228166144173-8.8%
Singapore50.64.99.311732.2%
United Kingdom27.514113474.239.2%
India2,53672212116.7-81.3%
Others89.725477.215419.7%
Total4,8692,0601,7592,824-16.6%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Malaysia in 2022:

  1. United States (86.7K units)
  2. China (69.8K units)
  3. Germany (20.9K units)
  4. Indonesia (13.6K units)
  5. Taiwan (Chinese) (13.4K units)
  6. United Kingdom (7.5K units)
  7. Singapore (5.7K units)
  8. India (0.6K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia

In 2022, the amount of containers for compressed or liquefied gas, of aluminium exported from Malaysia contracted markedly to 13K units, with a decrease of -57.8% compared with the previous year's figure. Overall, exports faced a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 105%. Over the period under review, the exports of hit record highs at 118K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of containers for compressed or liquefied gas, of aluminium fell markedly to $52K in 2022. Over the period under review, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 103%. The exports peaked at $440K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore29117.626.638.3-49.1%
IndonesiaN/AN/A1.64.0150.0%
ChinaN/A4.879.32.9-22.3%
Germany8.3N/A75.3N/A201.2%
Vietnam22.6N/A7.4N/A-42.8%
United Kingdom6.314.6N/AN/A131.7%
Others11283.654.96.6-61.1%
Total44012124551.7-51.0%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Malaysia in 2022:

  1. Singapore (11.9K units)
  2. China (0.6K units)
  3. Indonesia (0.3K units)

Source: IndexBox Market Intelligence Platform

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