Price for Powders of Pig Iron in Malaysia - 2021
Contents:
- Price for Powders of Pig Iron in Malaysia (CIF) - 2021
- Price for Powders of Pig Iron in Malaysia (FOB) - 2022
- Imports of Powders of Pig Iron in Malaysia
- Exports of Powders of Pig Iron in Malaysia
Price for Powders of Pig Iron in Malaysia (CIF) - 2021
The average powders of pig iron import price stood at $1,937 per ton in December 2021, growing by 2% against the previous month. Over the period under review, import price indicated tangible growth from December 2020 to December 2021: its price increased at an average monthly rate of +2.5% 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, powders of pig iron import price increased by +58.2% against September 2021 indices. The growth pace was the most rapid in May 2021 an increase of 49% month-to-month. As a result, import price reached the peak level of $2,068 per ton. From June 2021 to December 2021, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($2,501 per ton), while the price for South Korea ($1,147 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 China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Powders of Pig Iron in Malaysia (FOB) - 2022
In 2022, the average powders of pig iron export price amounted to $1,036 per ton, dropping by -17.9% against the previous year. Over the period under review, the export price saw a mild contraction. The growth pace was the most rapid in 2017 when the average export price increased by 213%. Over the period under review, the average export prices reached the peak figure at $4,061 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,080 per ton), while the average price for exports to Indonesia stood at $778 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+14.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Powders of Pig Iron in Malaysia
In 2022, approx. 5.1K tons of powders of pig ira were imported into Malaysia; waning by -12.9% compared with the previous year. Over the period under review, imports showed a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 33%.
In value terms, powders of pig iron imports dropped to $6.3M in 2022. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.
| Import of Powders of Pig Iron in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.0 | 3.3 | 4.4 | 3.9 | -7.9% |
| Sweden | 1.9 | 1.0 | 1.3 | 1.2 | -14.2% |
| China | 0.5 | 0.3 | 0.7 | 0.6 | 6.3% |
| India | 0.8 | 0.6 | 0.2 | 0.4 | -20.6% |
| Hong Kong SAR | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.7 | 0.4 | 0.2 | 0.3 | -24.6% |
| Total | 8.8 | 5.8 | 6.8 | 6.3 | -10.5% |
Top Suppliers of Powders of Pig Iron to Malaysia in 2022:
- Japan (3.2K tons)
- Sweden (1.0K tons)
- China (0.5K tons)
- India (0.2K tons)
Exports of Powders of Pig Iron in Malaysia
Powders of pig iron exports from Malaysia reached 748 tons in 2022, increasing by 2.2% against the year before. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 87% against the previous year. As a result, the exports reached the peak of 770 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, powders of pig iron exports dropped rapidly to $775K in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 69% against the previous year.
| Export of Powders of Pig Iron in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 124 | 512 | 677 | 702 | 78.2% |
| Indonesia | 89.6 | 12.5 | 12.8 | 68.7 | -8.5% |
| Hong Kong SAR | N/A | 54.1 | N/A | N/A | 0% |
| Singapore | 42.5 | N/A | N/A | N/A | 0% |
| Iran | N/A | N/A | 140 | N/A | 0% |
| Others | 116 | 48.5 | 93.1 | 4.7 | -65.7% |
| Total | 372 | 627 | 923 | 775 | 27.7% |
Top Export Markets for Powders of Pig Iron from Malaysia in 2022:
- China (649.9 tons)
- Indonesia (88.2 tons)
419
This report provides an in-depth analysis of the pig iron articles market in Malaysia.
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This report provides an in-depth analysis of the global pig iron articles market.
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This report provides an in-depth analysis of the pig iron articles market in Malaysia.
489
This report provides an in-depth analysis of the global pig iron articles market.
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In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
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In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
1623
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel imports totaled $X in 2016. Overall, granules and powders of pig iron, spiegeleisen, iron and steel imports continue t...
973
In value terms, granules and powders of pig iron, spiegeleisen, iron and steel exports stood at $X in 2016. In general, granules and powders of pig iron, spiegeleisen, iron and steel exports contin...
