Malaysia: Market for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) 2024

Market Size for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) in Malaysia

The Malaysian market for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) totaled $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, showed a remarkable increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) in Malaysia

In value terms, production of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) fell remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Exports from Malaysia

In 2022, shipments abroad of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) rose markedly to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

South Korea (X tons) was the main destination for exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) from Malaysia, with a X% share of total exports. Moreover, exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) to South Korea exceeded the volume sent to the second major destination, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and India (X% per year).

In value terms, South Korea ($X) remains the key foreign market for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average export price for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to South Korea ($X 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 India (X%), while the prices for the other major destinations experienced a decline.

Imports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Imports into Malaysia

In 2022, the amount of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) imported into Malaysia soared to X tons, rising by X% on the previous year's figure. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) surged to $X in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, South Korea (X tons) constituted the largest salts of oxometallic and peroxometallic acids supplier to Malaysia, accounting for a X% share of total imports. Moreover, imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

In value terms, South Korea ($X) constituted the largest supplier of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) to Malaysia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average import price for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) amounted to $X per ton, rising by X% against the previous year. In general, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 South Korea ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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