Cerium Compounds Price in Malaysia - 2022
Contents:
- Cerium Compounds Price in Malaysia (CIF) - 2022
- Cerium Compounds Price in Malaysia (FOB) - 2022
- Cerium Compounds Imports in Malaysia
- Cerium Compounds Exports in Malaysia
Cerium Compounds Price in Malaysia (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $22,226 per ton, picking up by 17% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cerium compounds import price decreased by -30.4% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 48% against the previous year. As a result, import price reached the peak level of $32,375 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
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 the United States ($60,288 per ton), while the price for Austria ($10,573 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Cerium Compounds Price in Malaysia (FOB) - 2022
In 2022, the average cerium compounds export price amounted to $6,369 per ton, standing approx. at the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 73%. Over the period under review, the average export prices hit record highs at $16,546 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($71,336 per ton), while the average price for exports to Japan ($6,493 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 China (+207.1%), while the prices for the other major destinations experienced more modest paces of growth.
Cerium Compounds Imports in Malaysia
Cerium compounds imports into Malaysia dropped sharply to 15 tons in 2022, waning by -21.2% on 2021 figures. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 99% against the previous year.
In value terms, cerium compounds imports shrank to $325K in 2022. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 18%.
| Import of Cerium Compounds in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.1 | 46.8 | 46.6 | 71.1 | 85.7% |
| Austria | 107 | 71.5 | 50.1 | 57.8 | -18.6% |
| Hong Kong SAR | 41.4 | 40.6 | 85.3 | 53.2 | 8.7% |
| France | 101 | 53.4 | 15.2 | 32.2 | -31.7% |
| Japan | 15.1 | 13.1 | 40.1 | 21.0 | 11.6% |
| China | 31.6 | 24.4 | 26.6 | 13.5 | -24.7% |
| Germany | 51.0 | 13.3 | 32.7 | 8.7 | -44.5% |
| Singapore | 151 | 1.1 | 16.5 | 1.4 | -79.0% |
| Others | 49.5 | 33.5 | 39.1 | 65.9 | 10.0% |
| Total | 558 | 298 | 352 | 325 | -16.5% |
Top Suppliers of Cerium Compounds to Malaysia in 2022:
- Austria (5.5 tons)
- Hong Kong SAR (2.5 tons)
- France (1.8 tons)
- China (1.3 tons)
- United States (1.2 tons)
- Japan (0.8 tons)
- Germany (0.3 tons)
- Singapore (0.1 tons)
Cerium Compounds Exports in Malaysia
After three years of growth, shipments abroad of cerium compoundses decreased by -8% to 481 tons in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 7,022%.
In value terms, cerium compounds exports shrank to $3.1M in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 10,596% against the previous year.
| Export of Cerium Compounds in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.6 | 703 | 367 | 225 | 621.1% |
| United States | N/A | N/A | 94.4 | 222 | 135.2% |
| Japan | 4.6 | 1,077 | 333 | 218 | 261.9% |
| Vietnam | 3.5 | 575 | 95.7 | 97.2 | 202.8% |
| France | 0.1 | 192 | 66.4 | 48.6 | 686.2% |
| Others | 17.2 | 235 | 2,382 | 2,250 | 407.6% |
| Total | 26.0 | 2,782 | 3,339 | 3,060 | 390.1% |
Top Export Markets for Cerium Compounds from Malaysia in 2022:
- Japan (33.6 tons)
- Taiwan (Chinese) (25.8 tons)
- United States (22.1 tons)
- France (3.5 tons)
- Vietnam (1.4 tons)
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