Price for Metals; Palladium, Unwrought or in Powder Form in Malaysia - 2024

Contents:

1. Price for Metals; Palladium, Unwrought or in Powder Form in Malaysia (CIF) - 2022
2. Price for Metals; Palladium, Unwrought or in Powder Form in Malaysia (FOB) - 2022
3. Imports of Metals; Palladium, Unwrought or in Powder Form in Malaysia
4. Exports of Metals; Palladium, Unwrought or in Powder Form in Malaysia

Price for Metals; Palladium, Unwrought or in Powder Form in Malaysia (CIF) - 2022

The average import price for metals; palladium, unwrought or in powder forms stood at $16,813,088 per ton in 2022, with a decrease of -33.1% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 91%. The import price peaked at $25,122,922 per ton in 2021, and then contracted dramatically 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 Japan ($25,742,643 per ton), while the price for the United States ($944,435 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Metals; Palladium, Unwrought or in Powder Form in Malaysia (FOB) - 2022

The average export price for metals; palladium, unwrought or in powder forms stood at $31,552,471 per ton in 2022, which is down by -7% against the previous year. In general, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of 726% against the previous year. The export price peaked at $33,918,970 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($54,667,100 per ton), while the average price for exports to the United States ($2,064,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+82.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Metals; Palladium, Unwrought or in Powder Form in Malaysia

In 2022, after two years of decline, there was significant growth in purchases abroad of metals; palladium, unwrought or in powder forms, when their volume increased by 106% to 636 kg. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of metals; palladium, unwrought or in powder forms soared to $11M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Metals; Palladium, Unwrought or in Powder Form to Malaysia in 2022:

1. Japan (258.0 kg)
2. Germany (232.0 kg)
3. United States (69.0 kg)
4. Taiwan (Chinese) (47.0 kg)
5. Singapore (24.0 kg)

Exports of Metals; Palladium, Unwrought or in Powder Form in Malaysia

Exports of metals; palladium, unwrought or in powder forms from Malaysia expanded to 34 kg in 2022, picking up by 3% against the previous year's figure. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of metals; palladium, unwrought or in powder forms declined to $1.1M in 2022. In general, exports showed a significant expansion.

Top Export Markets for Metals; Palladium, Unwrought or in Powder Form from Malaysia in 2022:

1. Japan (18.0 kg)
2. Switzerland (10.0 kg)
3. Hong Kong SAR (5.0 kg)
4. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform