Price for Steel, Alloy; Semi-Finished Products in Malaysia - 2021
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Malaysia (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Malaysia (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Malaysia
- Exports of Steel, Alloy; Semi-Finished Products in Malaysia
Price for Steel, Alloy; Semi-Finished Products in Malaysia (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $3,219 per ton in 2022, dropping by -15.6% against the previous year. In general, the import price, however, showed temperate growth. The most prominent rate of growth was recorded in 2014 an increase of 104% against the previous year. The import price peaked at $5,639 per ton in 2015; however, from 2016 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 China ($4,742 per ton), while the price for Italy totaled $1,239 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+40.1%), while the prices for the other major suppliers experienced a decline.
Price for Steel, Alloy; Semi-Finished Products in Malaysia (FOB) - 2022
The average steel, alloy; semi-finished products export price stood at $5,741 per ton in 2022, falling by -11% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 143%. Over the period under review, the average export prices hit record highs at $6,449 per ton in 2021, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +227.3% per year.
Imports of Steel, Alloy; Semi-Finished Products in Malaysia
In 2022, purchases abroad of steel, alloy; semi-finished productses was finally on the rise to reach 572 tons after two years of decline. In general, imports, however, saw a abrupt setback.
In value terms, steel, alloy; semi-finished products imports shrank modestly to $1.8M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year.
| Import of Steel, Alloy; Semi-Finished Products in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 432 | 1,479 | 1,451 | 1,520 | 52.1% |
| Italy | 468 | 223 | 296 | 311 | -12.7% |
| Others | 76.2 | 84.6 | 150 | 10.8 | -47.9% |
| Total | 976 | 1,786 | 1,898 | 1,842 | 23.6% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Malaysia in 2022:
- China (320.6 tons)
- Italy (250.7 tons)
Exports of Steel, Alloy; Semi-Finished Products in Malaysia
After two years of decline, shipments abroad of steel, alloy; semi-finished productses increased by 8.3% to 31 tons in 2022. In general, exports, however, showed a abrupt slump.
In value terms, steel, alloy; semi-finished products exports shrank slightly to $177K in 2022. Over the period under review, exports, however, faced a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 7.7% against the previous year.
| Export of Steel, Alloy; Semi-Finished Products in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 256 | 164 | 5.1 | 177 | -11.6% |
| Brunei Darussalam | N/A | N/A | 57.4 | N/A | 0% |
| Singapore | N/A | N/A | 88.0 | N/A | 0% |
| Others | 6.4 | 6.7 | 33.5 | N/A | 128.8% |
| Total | 262 | 171 | 184 | 177 | -12.3% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Malaysia in 2022:
- Indonesia (30.9 tons)
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