Sulphides; of Sodium Price in Malaysia - 2022
Contents:
- Sulphides; of Sodium Price in Malaysia (CIF) - 2021
- Sulphides; of Sodium Price in Malaysia (FOB) - 2022
- Sulphides; of Sodium Imports in Malaysia
- Sulphides; of Sodium Exports in Malaysia
Sulphides; of Sodium Price in Malaysia (CIF) - 2021
The average sulphides; of sodium import price stood at $1,602 per ton in December 2021, picking up by 248% against the previous month. In general, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Germany ($2,468 per ton), while the price for China amounted to $776 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+6.4%).
Sulphides; of Sodium Price in Malaysia (FOB) - 2022
The average sulphides; of sodium export price stood at $812 per ton in 2022, surging by 13% against the previous year. Overall, the export price posted tangible growth. The growth pace was the most rapid in 2017 when the average export price increased by 374%. As a result, the export price attained the peak level of $2,444 per ton. From 2018 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 Indonesia ($8,834 per ton), while the average price for exports to Singapore ($196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphides; of Sodium Imports in Malaysia
In 2022, overseas purchases of sulphides; of sodia decreased by -0.9% to 2.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50% against the previous year.
In value terms, sulphides; of sodium imports dropped to $1.3M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54%.
| Import of Sulphides; of Sodium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 598 | 939 | 1,138 | 890 | 14.2% |
| Germany | 1.0 | 49.5 | 147 | 157 | 439.5% |
| Singapore | 34.1 | 22.9 | 46.2 | 113 | 49.1% |
| Thailand | 25.1 | 26.3 | 27.0 | 30.3 | 6.5% |
| Taiwan (Chinese) | 15.8 | 16.5 | 16.9 | 19.0 | 6.3% |
| Others | 36.7 | 39.0 | 40.8 | 46.2 | 8.0% |
| Total | 711 | 1,093 | 1,416 | 1,255 | 20.9% |
Top Suppliers of Sulphides; of Sodium to Malaysia in 2022:
- China (2089.8 tons)
- Germany (77.7 tons)
- Singapore (70.6 tons)
- Taiwan (Chinese) (65.1 tons)
- Thailand (58.2 tons)
Sulphides; of Sodium Exports in Malaysia
In 2022, sulphides; of sodium exports from Malaysia surged to 3.9 tons, with an increase of 98% against 2021. In general, exports, however, continue to indicate a abrupt decrease.
In value terms, sulphides; of sodium exports surged to $3.1K in 2022. Overall, exports, however, showed a precipitous shrinkage.
| Export of Sulphides; of Sodium in Malaysia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4,960 | 3,713 | 1,053 | 1,546 | -32.2% |
| Sri Lanka | N/A | N/A | N/A | 921 | 0% |
| Brunei Darussalam | 127 | 170 | 133 | 363 | 41.9% |
| Pakistan | 661 | 545 | 170 | 275 | -25.3% |
| Singapore | 204 | 453 | 50.0 | 39.0 | -42.4% |
| Thailand | 571 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6,523 | 4,881 | 1,406 | 3,144 | -21.6% |
Top Export Markets for Sulphides; of Sodium from Malaysia in 2022:
- Brunei Darussalam (1705.0 kg)
- Sri Lanka (1466.0 kg)
- Pakistan (326.0 kg)
- Singapore (199.0 kg)
- Indonesia (175.0 kg)
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