Report Update Nov 1, 2024

Malaysia - Sheet Piling of Steel - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Steel Sheet Piling Market 2024

Steel Sheet Piling Market Size in Malaysia

In 2022, the Malaysian steel sheet piling market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption showed a pronounced increase. Steel sheet piling consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Steel Sheet Piling Exports

Exports from Malaysia

In 2022, approx. X tons of sheet piling of steel were exported from Malaysia; falling by -10.3% against 2021. Overall, exports showed a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 101% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, steel sheet piling exports contracted sharply to $X in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 106%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for steel sheet piling exports from Malaysia, accounting for a 92% share of total exports. Moreover, steel sheet piling exports to Singapore exceeded the volume sent to the second major destination, Brunei Darussalam (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at -5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (-13.6% per year) and Thailand (-32.1% per year).

In value terms, Singapore ($X) remains the key foreign market for sheet piling of steel exports from Malaysia, comprising 88% of total exports. The second position in the ranking was held by Brunei Darussalam ($X), with an 8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to -11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (-15.0% per year) and Thailand (-26.6% per year).

Export Prices by Country

In 2022, the average steel sheet piling export price amounted to $X per ton, waning by -10.6% against the previous year. In general, the export price recorded a pronounced curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.

Steel Sheet Piling Imports

Imports into Malaysia

After three years of decline, purchases abroad of sheet piling of steel increased by 43% to X tons in 2022. Over the period under review, imports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2013 with an increase of 94%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, steel sheet piling imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by 65%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), South Korea (X tons) and Thailand (X tons) were the main suppliers of steel sheet piling imports to Malaysia, with a combined 91% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +8.7%), while imports for the other leaders experienced a decline.

In value terms, the largest steel sheet piling suppliers to Malaysia were China ($X), South Korea ($X) and Thailand ($X), with a combined 91% share of total imports.

Among the main suppliers, China, with a CAGR of +6.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average steel sheet piling import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price showed a perceptible decline. The pace of growth appeared the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per ton) and South Korea ($X per ton), while the price for Japan ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sheet piling of steel in the world?

The countries with the highest volumes of in 2021 were Oman, Luxembourg and the Philippines, with a combined 49% share of global consumption.

What are the largest producers of sheet piling of steel in the world?

The countries with the highest volumes of in 2021 were Luxembourg, Oman and China, with a combined 71% share of global production. Japan, the Czech Republic, South Korea and Poland lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of sheet piling of steel to Malaysia?

In value terms, South Korea, China and Thailand were the largest steel sheet piling suppliers to Malaysia, together accounting for 78% of total imports. These countries were followed by Singapore, which accounted for a further 18%.

What are the leading importers of sheet piling of steel from Malaysia?

In value terms, Singapore remains the key foreign market for steel sheet piling exports from Malaysia, comprising 80% of total exports. The second position in the ranking was occupied by Brunei Darussalam, with a 7.8% share of total exports. It was followed by the Philippines, with a 3.5% share.

What is the average export price for sheet piling of steel in Malaysia?

In 2021, the average steel sheet piling export price amounted to $748 per ton, growing by 32% against the previous year.

What is the average import price for sheet piling of steel in Malaysia?

In 2021, the average steel sheet piling import price amounted to $629 per ton, increasing by 6.9% against the previous year.

This report provides an in-depth analysis of the steel sheet piling market 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 24107410 - Sheet piling (of steel)
Prodcom 2410T251 - Sheet piling

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

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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