Malaysia: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2024

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Malaysia

In 2021, the Malaysian chloride oxides of metal market decreased by -0.6% to $X, falling for the fifth consecutive year after five years of growth. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in Malaysia

In value terms, chloride oxides of metal production expanded significantly to $X in 2021 estimated in export price. Overall, production, however, showed a slight decrease. The most prominent rate of growth was recorded in 2013 with an increase of 42%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports from Malaysia

After two years of decline, shipments abroad of chloride oxides and chloride hydroxides of copper and other metals increased by 32% to X tons in 2021. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 227% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, chloride oxides of metal exports skyrocketed to $X in 2021. Over the period under review, exports posted resilient growth. The growth pace was the most rapid in 2017 with an increase of 263%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons), Thailand (X tons) and Indonesia (X tons) were the main destinations of chloride oxides of metal exports from Malaysia, with a combined 75% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +531.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chloride oxides of metal exported from Malaysia were Australia ($X), the United States ($X) and Thailand ($X), with a combined 73% share of total exports.

Australia, with a CAGR of +621.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average chloride oxides of metal export price stood at $X per ton in 2021, with an increase of 22% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports into Malaysia

In 2021, approx. X tons of chloride oxides and chloride hydroxides of copper and other metals were imported into Malaysia; with a decrease of -3.5% against the previous year. In general, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 360%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, chloride oxides of metal imports surged to $X in 2021. Overall, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by 117%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of chloride oxides of metal to Malaysia, with a 65% share of total imports. Moreover, chloride oxides of metal imports from India exceeded the figures recorded by the second-largest supplier, Singapore (X tons), threefold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+12.8% per year) and China (+26.0% per year).

In value terms, China ($X) constituted the largest supplier of chloride oxides and chloride hydroxides of copper and other metals to Malaysia, comprising 64% of total imports. The second position in the ranking was held by India ($X), with a 25% share of total imports. It was followed by Singapore, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+6.2% per year) and Singapore (+4.0% per year).

Import Prices by Country

In 2021, the average chloride oxides of metal import price amounted to $X per ton, surging by 25% against the previous year. Over the period under review, the import price, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2015 an increase of 78% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :