Sulphates; of Magnesium Price in Malaysia - 2021
Contents:
- Sulphates; of Magnesium Price in Malaysia (CIF) - 2021
- Sulphates; of Magnesium Price in Malaysia (FOB) - 2022
- Sulphates; of Magnesium Imports in Malaysia
- Sulphates; of Magnesium Exports in Malaysia
Sulphates; of Magnesium Price in Malaysia (CIF) - 2021
The average sulphates; of magnesium import price stood at $235 per ton in December 2021, surging by 17% against the previous month. Over the period under review, import price indicated a noticeable increase from December 2020 to December 2021: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, sulphates; of magnesium import price increased by +21.8% against June 2021 indices. The most prominent rate of growth was recorded in June 2021 an increase of 27% m-o-m. The import price peaked in December 2021.
Prices varied noticeably by the country of origin: the country with the highest price was India ($348 per ton), while the price for China ($226 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Magnesium Price in Malaysia (FOB) - 2022
The average sulphates; of magnesium export price stood at $212 per ton in 2022, which is down by -15.1% against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 160% against the previous year. As a result, the export price attained the peak level of $568 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($420 per ton), while the average price for exports to Indonesia stood at $191 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+311.9%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphates; of Magnesium Imports in Malaysia
In 2022, approx. 160K tons of sulphates; of magnesia were imported into Malaysia; increasing by 34% on the previous year. Overall, imports, however, continue to indicate a noticeable downturn.
In value terms, sulphates; of magnesium imports soared to $19M in 2022. In general, imports, however, continue to indicate a abrupt decline.
| Import of Sulphates; of Magnesium in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.5 | 18.8 | 14.0 | 17.3 | -8.4% |
| Germany | 0.6 | 3.2 | 0.9 | 1.1 | 22.4% |
| Others | 0.9 | 0.9 | 0.6 | 0.8 | -3.9% |
| Total | 24.1 | 22.9 | 15.5 | 19.2 | -7.3% |
Top Suppliers of Sulphates; of Magnesium to Malaysia in 2022:
- China (145.7K tons)
- Germany (10.2K tons)
Sulphates; of Magnesium Exports in Malaysia
In 2022, shipments abroad of sulphates; of magnesia was finally on the rise to reach 136 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a relatively flat trend pattern.
In value terms, sulphates; of magnesium exports contracted slightly to $29K in 2022. The total export value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 3.5% against the previous year.
| Export of Sulphates; of Magnesium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 19.6 | 26.0 | 4.1 | 23.8 | 6.7% |
| Singapore | 5.9 | 0.3 | 6.7 | 4.3 | -10.0% |
| Switzerland | N/A | N/A | 6.6 | N/A | 0% |
| India | N/A | N/A | 1.8 | N/A | 0% |
| Others | 1.8 | 2.0 | 10.1 | 0.6 | -30.7% |
| Total | 27.3 | 28.3 | 29.3 | 28.8 | 1.8% |
Top Export Markets for Sulphates; of Magnesium from Malaysia in 2022:
- Indonesia (124.9 tons)
- Singapore (10.3 tons)
122
This report provides an in-depth analysis of the sulphates market in Malaysia.
330
This report provides an in-depth analysis of the alums market in Malaysia.
352
This report provides an in-depth analysis of the peroxosulphates market in Malaysia.
382
This report provides an in-depth analysis of the market for barium or aluminium sulphates in Malaysia.
292
This report provides an in-depth analysis of the market for belt type continuous-action elevator and conveyor in Malaysia.
122
This report provides an in-depth analysis of the global sulphates market.
465
This report provides an in-depth analysis of the global alums market.
474
This report provides an in-depth analysis of the global peroxosulphates market.
581
This report provides an in-depth analysis of the global market for barium or aluminium sulphates.
518
This report provides an in-depth analysis of the global market for belt type continuous-action elevator and conveyor.
75
Explore the top 10 countries by import value of sulphates in 2023. Learn about the key players in the global sulphates market.
1112
In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
788
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...
94
Explore the top import markets for Belt Type Continuous-Action Elevator and Conveyor, including the United States, Germany, Mexico, and more. Learn about the growing demand for this equipment in various industries.
75
Explore the top 10 countries by import value of sulphates in 2023. Learn about the key players in the global sulphates market.
1112
In value terms, sulphates, alums and peroxosulphates imports totaled $X in 2016. In general, sulphates, alums and peroxosulphates imports continue to indicate a relatively flat trend pattern. Globa...
788
In value terms, sulphates, alums and peroxosulphates exports amounted to $X in 2016. Overall, sulphates, alums and peroxosulphates exports continue to indicate a relatively flat trend pattern. Over...
