Malaysia: Market for Molybdenum Oxides And Hydroxides 2024

Market Size for Molybdenum Oxides And Hydroxides in Malaysia

The Malaysian molybdenum oxides and hydroxides market rose slightly to $X in 2022, picking up by 2.4% against the previous year. Over the period under review, consumption continues to indicate perceptible growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Production of Molybdenum Oxides And Hydroxides in Malaysia

In value terms, molybdenum oxides and hydroxides production totaled $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 30%. Molybdenum oxides and hydroxides production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Molybdenum Oxides And Hydroxides

Exports from Malaysia

In 2020, the amount of molybdenum oxides and hydroxides exported from Malaysia skyrocketed to X tons, rising by 49% against the year before. In general, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 when exports increased by 193%. The exports peaked at X tons in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

In value terms, molybdenum oxides and hydroxides exports soared to $X in 2020. Overall, exports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 413%. The exports peaked at $X in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for molybdenum oxides and hydroxides exports from Malaysia, with a 96% share of total exports. Moreover, molybdenum oxides and hydroxides exports to Australia exceeded the volume sent to the second major destination, Indonesia (X kg), more than tenfold.

From 2013 to 2020, the average annual growth rate of volume to Australia was relatively modest.

In value terms, the largest markets for molybdenum oxides and hydroxides exported from Malaysia were Australia ($X) and Indonesia ($X).

Among the main countries of destination, Indonesia, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2020, the average molybdenum oxides and hydroxides export price amounted to $X per ton, with an increase of 9.7% against the previous year. Overall, the export price showed a buoyant expansion. The growth pace was the most rapid in 2017 when the average export price increased by 75%. Over the period under review, the average export prices attained the peak figure in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Australia amounted to $X per ton.

From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India (-4.9%).

Imports of Molybdenum Oxides And Hydroxides

Imports into Malaysia

In 2022, overseas purchases of molybdenum oxides and hydroxides increased by 88% to X kg, rising for the second year in a row after five years of decline. In general, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 4,134% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, molybdenum oxides and hydroxides imports fell to $X in 2022. Overall, imports, however, faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 3,249% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X kg) was the main molybdenum oxides and hydroxides supplier to Malaysia, with a 98% share of total imports. It was followed by India (X kg), with a 0.2% share of total imports. The third position in this ranking was taken by Japan (X kg), with a 0.2% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden stood at -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-35.3% per year) and Japan (-46.6% per year).

In value terms, Sweden ($X) constituted the largest supplier of molybdenum oxides and hydroxides to Malaysia, comprising 85% of total imports. The second position in the ranking was held by Japan ($X), with a 1.9% share of total imports. It was followed by the United States, with a 1.7% share.

From 2012 to 2022, the average annual growth rate of value from Sweden stood at -15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-34.8% per year) and the United States (-23.3% per year).

Import Prices by Country

The average molybdenum oxides and hydroxides import price stood at $X per ton in 2022, waning by -51.5% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 105% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average 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 Japan ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+22.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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