Malaysia - Iron Or Steel Towers And Lattice Masts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Towers in Malaysia - 2021
Contents:
- Price for Iron or Steel Towers in Malaysia (FOB) - 2021
- Price for Iron or Steel Towers in Malaysia (CIF) - 2022
- Exports of Iron or Steel Towers in Malaysia
- Imports of Iron or Steel Towers in Malaysia
Price for Iron or Steel Towers in Malaysia (FOB) - 2021
The average iron or steel towers export price stood at $1,158 per ton in December 2021, declining by -27.7% against the previous month. Overall, the export price recorded a mild curtailment. The pace of growth appeared the most rapid in February 2021 an increase of 30% m-o-m. The export price peaked at $2,028 per ton in March 2021; however, from April 2021 to December 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From December 2020 to December 2021, the rate of growth in terms of prices for Finland amounted to +1.6% per month.
Price for Iron or Steel Towers in Malaysia (CIF) - 2022
In 2022, the average iron or steel towers import price amounted to $1,423 per ton, rising by 6.3% against the previous year. In general, the import price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. The import price peaked at $1,912 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,410 per ton), while the price for China amounted to $1,363 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%).
Exports of Iron or Steel Towers in Malaysia
After three years of growth, shipments abroad of iron or steel towers and lattice masts decreased by -4.5% to 101K tons in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 292%.
In value terms, iron or steel towers exports shrank to $154M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 241% against the previous year.
Export of Iron or Steel Towers in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 28.5 | 146 | 142 | 149 | 73.6% |
Australia | 9.0 | N/A | 0.1 | 3.2 | -29.2% |
Finland | N/A | N/A | 14.8 | N/A | 0% |
Others | 5.6 | 0.6 | 5.1 | 1.8 | -31.5% |
Total | 43.0 | 147 | 162 | 154 | 53.0% |
Top Export Markets for Iron or Steel Towers from Malaysia in 2022:
- United States (97.2K tons)
- Australia (2.6K tons)
Imports of Iron or Steel Towers in Malaysia
In 2022, after two years of decline, there was significant growth in purchases abroad of iron or steel towers and lattice masts, when their volume increased by 73% to 8.4K tons. In general, imports, however, saw a abrupt contraction.
In value terms, iron or steel towers imports surged to $12M in 2022. Overall, imports, however, continue to indicate a abrupt decrease.
Import of Iron or Steel Towers in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.3 | 11.6 | 4.8 | 5.8 | 20.7% |
China | 14.8 | 4.3 | 0.8 | 5.8 | -26.8% |
Others | 0.4 | 1.5 | 0.9 | 0.5 | 7.7% |
Total | 18.4 | 17.5 | 6.5 | 12.0 | -13.3% |
Top Suppliers of Iron or Steel Towers to Malaysia in 2022:
- China (4.2K tons)
- India (4.1K tons)
This report provides an in-depth analysis of the market for iron or steel towers 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 25112200 - Iron or steel towers and lattice masts
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
-
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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