Malaysia: Silicon Market 2024

Silicon Market Size in Malaysia

The Malaysian silicon market reached $X in 2022, increasing by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Silicon Production in Malaysia

In value terms, silicon production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. Silicon production peaked in 2022 and is expected to retain growth in the immediate term.

Silicon Exports

Exports from Malaysia

In 2022, overseas shipments of silicon increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, silicon exports skyrocketed to $X in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons), the Netherlands (X tons) and India (X tons) were the main destinations of silicon exports from Malaysia, with a combined X% share of total exports. Germany, Poland, Vietnam and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for silicon exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and India (X% per year).

Export Prices by Country

The average silicon export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicon export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then declined modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Germany ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Silicon Imports

Imports into Malaysia

After five years of growth, purchases abroad of silicon decreased by X% to X tons in 2022. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, silicon imports shrank markedly to $X in 2022. Overall, imports, however, showed notable growth. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of silicon to Malaysia, with a X% share of total imports. Moreover, silicon imports from China exceeded the figures recorded by the second-largest supplier, Qatar (X tons), fourfold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (X% per year) and France (X% per year).

In value terms, China ($X) constituted the largest supplier of silicon to Malaysia, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the average silicon import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 France ($X per ton), while the price for Qatar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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