Malaysia - Flat-Rolled Products Of Iron Or Steel (Not Further Worked Than Hot-Rolled) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHot-Rolled Steel Products Price in Malaysia - 2021
Contents:
- Hot-Rolled Steel Products Price in Malaysia (CIF) - 2021
- Hot-Rolled Steel Products Price in Malaysia (FOB) - 2021
- Hot-Rolled Steel Products Imports in Malaysia
- Hot-Rolled Steel Products Exports in Malaysia
Hot-Rolled Steel Products Price in Malaysia (CIF) - 2021
The average hot-rolled steel products import price stood at $1,365 per ton in December 2021, rising by 8.3% against the previous month. Over the period under review, import price indicated a strong increase from December 2020 to December 2021: its price increased at an average monthly rate of +5.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, hot-rolled steel products import price increased by +12.2% against August 2021 indices. The growth pace was the most rapid in June 2021 an increase of 16% against the previous month. The import price peaked in December 2021.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($2,147 per ton), while the price for India ($964 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 Indonesia (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Hot-Rolled Steel Products Price in Malaysia (FOB) - 2021
The average hot-rolled steel products export price stood at $1,007 per ton in December 2021, surging by 2.3% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2021 when the average export price increased by 53% month-to-month. As a result, the export price reached the peak level of $1,382 per ton. From July 2021 to December 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($3,103 per ton), while the average price for exports to India ($568 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Hot-Rolled Steel Products Imports in Malaysia
In 2022, the amount of flat-rolled products of iron or steel (not further worked than hot-rolled) imported into Malaysia reduced modestly to 2.2M tons, remaining constant against 2021 figures. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 0.3% against the previous year.
In value terms, hot-rolled steel products imports declined sharply to $1.9B in 2022. Overall, imports showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of $2.3B, and then declined significantly in the following year.
| Import of Hot-Rolled Steel Products in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 451 | 298 | 594 | 448 | -0.2% |
| Taiwan (Chinese) | 372 | 281 | 416 | 316 | -5.3% |
| Vietnam | 174 | 128 | 376 | 278 | 16.9% |
| Japan | 258 | 260 | 342 | 271 | 1.7% |
| South Korea | 275 | 268 | 199 | 210 | -8.6% |
| China | 223 | 107 | 188 | 192 | -4.9% |
| India | 132 | 27.4 | 44.8 | 49.5 | -27.9% |
| Others | 294 | 133 | 148 | 141 | -21.7% |
| Total | 2,180 | 1,503 | 2,308 | 1,905 | -4.4% |
Top Suppliers of Hot-Rolled Steel Products to Malaysia in 2022:
- Taiwan (Chinese) (449.9K tons)
- Japan (358.9K tons)
- Vietnam (358.1K tons)
- South Korea (335.6K tons)
- Indonesia (334.9K tons)
- China (213.0K tons)
- India (93.8K tons)
Hot-Rolled Steel Products Exports in Malaysia
Hot-rolled steel products exports from Malaysia shrank to 141K tons in 2022, with a decrease of -2.6% on 2021 figures. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.
In value terms, hot-rolled steel products exports fell to $140M in 2022. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 2.6% against the previous year.
| Export of Hot-Rolled Steel Products in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 19.7 | 27.2 | 24.9 | 31.8 | 17.3% |
| Taiwan (Chinese) | 28.4 | 14.2 | 24.2 | 24.2 | -5.2% |
| Indonesia | 34.1 | 28.4 | 19.9 | 23.1 | -12.2% |
| Thailand | 23.5 | 20.7 | 8.8 | 18.6 | -7.5% |
| Vietnam | 13.9 | 8.7 | 2.7 | 8.6 | -14.8% |
| China | 2.2 | 1.3 | 7.7 | 2.2 | 0.0% |
| India | 1.2 | 2.9 | 3.4 | 1.9 | 16.6% |
| Canada | 8.8 | 0.2 | 1.8 | 0.1 | -77.5% |
| United States | 19.8 | N/A | 0.2 | N/A | -89.9% |
| Others | 40.8 | 34.6 | 48.2 | 29.6 | -10.1% |
| Total | 192 | 138 | 142 | 140 | -10.0% |
Top Export Markets for Hot-Rolled Steel Products from Malaysia in 2022:
- Canada (undefinedK tons)
- United States (undefinedK tons)
- Singapore (42.9K tons)
- Taiwan (Chinese) (40.0K tons)
- Thailand (15.4K tons)
- Indonesia (15.2K tons)
- Vietnam (7.5K tons)
- China (3.2K tons)
- India (2.3K tons)
This report provides an in-depth analysis of the hot-rolled steel products market 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 24103110 - Flat-rolled products of iron or non-alloy steel, of a width . .600 mm, simply hot-rolled, not clad, plated or coated, in coils
- Prodcom 24103130 - Flat-rolled products of iron or non-alloy steel, of a width . .600 mm, not in coils, simply hot-rolled, not clad, plated or coated, w ith patterns in relief directly due to the rolling process and products of a thickness < 4,75 mm, without patterns in relief
- Prodcom 24103150 - Flat-rolled products, of iron or non-alloy steel, of a width . .600 mm (excluding
- Prodcom 24103210 - Flat-rolled products of iron or non-alloy steel, simply hot-rolled on four faces or in a closed box pass, not clad, plated or coated, of a width of > .150 mm but < .600 mm and a thickness of . 4 mm, not in coils, without patterns in relief, commonly
- Prodcom 24103230 - Flat-rolled products of iron or non-alloy steel, of a width < .600 mm, simply hot-rolled, not clad, plated or coated (excluding
- Prodcom 24103330 - Plates and sheets produced by cutting from hot-rolled wide strip of a width of .600 mm or more, of stainless steel
- Prodcom 24103340 - Plates and sheets produced on a reversing mill (quarto) of a width of .600 mm or more and wide flats, of stainless steel
- Prodcom 241033Z0 - Hot-rolled flat products in coil of a width . .600 mm, of stainless steel
- Prodcom 241034Z0 - Hot-rolled flat products in coil of a width < .600 mm, of stainless steel
- Prodcom 24103510 - Flat-rolled products, of tool steel or alloy steel other than stainless steel, of a width . .600 mm, not further worked than hot-rolled, in coils (excluding products of high-speed or siliconelectrical steel)
- Prodcom 24103520 - Flat-rolled products of high-speed steel, of a width . .600 mm, h ot-rolled or cold-rolled
- Prodcom 24103530 - Flat-rolled products, of tool steel or alloy steel other than stainless steel, of a width . .600 mm, not further worked than hot-rolled, not in coils (excluding organic coated products, p roducts of a thickness < 4,75 mm and products of high-
- Prodcom 24103540 - Flat-rolled products of alloy steel other than stainless, of a width . .600 mm, not further worked than hot-rolled, not in coils, of a thickness of < 4,75 mm (excluding products of tool steel, high-speed steel or silicon-electrical steel)
- Prodcom 24103600 - Flat-rolled products of alloy steel other than stainless, of a width of < .600 mm, not further worked than hot-rolled (excluding products of high-speed steel or silicon-electrical steel)
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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In value terms, metal-rolling mills and rolls therefor imports totaled $X in 2016. Overall, metal-rolling mills and rolls therefor imports continue to indicate a deep slump. In that year, global me...
978
In value terms, metal-rolling mills and rolls therefor exports stood at $X in 2016. Overall, metal-rolling mills and rolls therefor exports continue to indicate a drastic deduction. In that year, g...
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In 2016, approx. X tons of hot-rolled steel were imported worldwide- moving up by X% against the previous year level. Overall, hot-rolled steel imports continue to indicate a relatively flat tren...
