Report Update Nov 1, 2024

Malaysia - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Market for Precious Metal Ores And Concentrates 2024

Market Size for Precious Metal Ores And Concentrates in Malaysia

The Malaysian market for precious metal ores and concentrates declined remarkably to $X in 2022, dropping by -29.6% against the previous year. Overall, consumption, however, recorded resilient growth. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Precious Metal Ores And Concentrates in Malaysia

In value terms, precious metal ore and concentrate production fell to $X in 2022 estimated in export price. Overall, production faced a deep slump. The pace of growth was the most pronounced in 2014 when the production volume increased by 32% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Precious Metal Ores And Concentrates

Exports from Malaysia

In 2022, approx. X tons of precious metal ores and concentrates were exported from Malaysia; jumping by 101% compared with the year before. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 361% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, precious metal ore and concentrate exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a strong increase. The growth pace was the most rapid in 2016 with an increase of 472%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for precious metal ore and concentrate exports from Malaysia, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +16.5%.

In value terms, China ($X) also remains the key foreign market for precious metal ores and concentrates exports from Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +7.9%.

Export Prices by Country

In 2022, the average export price for precious metal ores and concentrates amounted to $X per ton, jumping by 28% against the previous year. In general, the export price, however, saw a deep downturn. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.4% per year.

Imports of Precious Metal Ores And Concentrates

Imports into Malaysia

In 2022, supplies from abroad of precious metal ores and concentrates was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,132% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, precious metal ore and concentrate imports stood at $X in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 772% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Turkey (X tons), Mexico (X tons) and Australia (X tons) were the main suppliers of precious metal ore and concentrate imports to Malaysia, together comprising 72% of total imports. Greece, the United States, Peru, Switzerland and Armenia lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +119.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of precious metal ores and concentrates to Malaysia, comprising 52% of total imports. The second position in the ranking was taken by Turkey ($X), with a 13% share of total imports. It was followed by Switzerland, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value from Australia totaled +29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+53.7% per year) and Switzerland (+61.0% per year).

Import Prices by Country

The average import price for precious metal ores and concentrates stood at $X per ton in 2022, waning by -26.7% against the previous year. Overall, the import price, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 66%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?

China constituted the country with the largest volume of precious metal ore and concentrate consumption, comprising approx. 39% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Russia, sevenfold. The third position in this ranking was occupied by Peru, with a 5.4% share.

What are the largest producers of precious metal ores and concentrates in the world?

The countries with the highest volumes of in 2021 were Australia, Peru and Russia, with a combined 37% share of global production. These countries were followed by Ecuador, Greece, Indonesia, Turkey, Mexico, Brazil, South Africa, Argentina, Chile and Tanzania, which together accounted for a further 34%.

What are the leading suppliers of precious metal ores and concentrates to Malaysia?

In value terms, Australia constituted the largest supplier of precious metal ore and concentrate to Malaysia, comprising 54% of total imports. The second position in the ranking was occupied by the United States, with an 18% share of total imports. It was followed by Peru, with a 4.3% share.

What are the leading importers of precious metal ores and concentrates from Malaysia?

In value terms, China remains the key foreign market for precious metal ore and concentrate exports from Malaysia, comprising 90% of total exports. The second position in the ranking was occupied by India, with a 6% share of total exports.

What is the average export price for precious metal ores and concentrates in Malaysia?

In 2021, the average export price for precious metal ores and concentrates amounted to $1,949 per ton, falling by -7.1% against the previous year.

What is the average import price for precious metal ores and concentrates in Malaysia?

In 2021, the average import price for precious metal ores and concentrates amounted to $3,142 per ton, with a decrease of -19.6% against the previous year.

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291400 - Precious metal ores and concentrates

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023