Price for Lustres; Liquid Lustres and Similar Preparations in Malaysia - 2024
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Malaysia (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in Malaysia (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Malaysia
- Exports of Lustres; Liquid Lustres and Similar Preparations in Malaysia
Price for Lustres; Liquid Lustres and Similar Preparations in Malaysia (CIF) - 2022
In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $41,627 per ton, with an increase of 63% against the previous year. Overall, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 150%. Over the period under review, average import prices reached the peak figure at $72,015 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Hong Kong SAR ($62,864 per ton), while the price for Germany ($8,935 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lustres; Liquid Lustres and Similar Preparations in Malaysia (FOB) - 2022
The average export price for lustres; liquid lustres and similar preparationses stood at $38,364 per ton in 2022, waning by -26.1% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 336%. The export price peaked at $51,939 per ton in 2021, and then dropped significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +156.5% per year.
Imports of Lustres; Liquid Lustres and Similar Preparations in Malaysia
In 2022, overseas purchases of lustres; liquid lustres and similar preparationses were finally on the rise to reach 343 tons after two years of decline. Overall, imports, however, recorded a dramatic decrease.
In value terms, imports of lustres; liquid lustres and similar preparationses soared to $14M in 2022. In general, imports, however, recorded a significant curtailment.
| Import of Lustres; Liquid Lustres and Similar Preparations in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.1 | 6.8 | 1.0 | 6.7 | 17.8% |
| China | 8.5 | 6.3 | 1.9 | 5.3 | -14.6% |
| United States | 1.4 | N/A | 0.3 | 0.9 | -13.7% |
| Hong Kong SAR | 0.5 | N/A | N/A | 0.7 | 11.9% |
| Japan | 2.3 | 0.4 | 0.7 | 0.5 | -39.9% |
| Germany | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Taiwan (Chinese) | 12.5 | 0.2 | N/A | N/A | -98.4% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 29.5 | 14.1 | 4.2 | 14.3 | -21.4% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Malaysia in 2022:
- China (150.3 tons)
- Singapore (133.0 tons)
- United States (25.9 tons)
- Hong Kong SAR (11.4 tons)
- Japan (7.7 tons)
- Germany (6.4 tons)
- Taiwan (Chinese) (0.3 tons)
Exports of Lustres; Liquid Lustres and Similar Preparations in Malaysia
In 2022, overseas shipments of lustres; liquid lustres and similar preparationses increased by 571% to 5.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt decrease.
In value terms, exports of lustres; liquid lustres and similar preparationses skyrocketed to $211K in 2022. Over the period under review, exports, however, saw a sharp shrinkage.
| Export of Lustres; Liquid Lustres and Similar Preparations in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 217 | 28.3 | 23.9 | 211 | -0.9% |
| Taiwan (Chinese) | 279 | 440 | N/A | N/A | 57.7% |
| Others | 2.5 | 2.6 | 18.7 | N/A | 173.5% |
| Total | 498 | 471 | 42.6 | 211 | -24.9% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Malaysia in 2022:
- Singapore (5.5 tons)
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