Report Update Nov 1, 2024

Malaysia - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Malaysia

In 2021, the Malaysian sodium triphosphate market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Sodium Triphosphate Exports

Exports from Malaysia

For the third consecutive year, Malaysia recorded growth in shipments abroad of sodium triphosphate (sodium tripolyphosphates), which increased by 178% to X tons in 2021. In general, exports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 341%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, sodium triphosphate exports soared to $X in 2021. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 311%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for sodium triphosphate exports from Malaysia, accounting for a 71% share of total exports. Moreover, sodium triphosphate exports to Singapore exceeded the volume sent to the second major destination, Mauritius (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Singapore stood at +5.5%.

In value terms, the largest markets for sodium triphosphate exported from Malaysia were Singapore ($X) and Mauritius ($X).

In terms of the main countries of destination, Mauritius, with a CAGR of +7.9%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average sodium triphosphate export price stood at $X per ton in 2021, increasing by 11% against the previous year. Over the period under review, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 23%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Mauritius ($X per ton), while the average price for exports to Singapore totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Sodium Triphosphate Imports

Imports into Malaysia

In 2021, approx. X tons of sodium triphosphate (sodium tripolyphosphates) were imported into Malaysia; reducing by -4.6% on the year before. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of 19%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sodium triphosphate imports surged to $X in 2021. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 24% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of sodium triphosphate to Malaysia, with a 86% share of total imports. Moreover, sodium triphosphate imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+12.7% per year) and the United States (+15.6% per year).

In value terms, China ($X) constituted the largest supplier of sodium triphosphate to Malaysia, comprising 81% of total imports. The second position in the ranking was held by Thailand ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+16.7% per year) and the United States (+6.8% per year).

Import Prices by Country

In 2021, the average sodium triphosphate import price amounted to $X per ton, growing by 21% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium triphosphate (sodium tripolyphosphates) in the world?

The country with the largest volume of sodium triphosphate consumption was China, accounting for 38% of total volume. Moreover, sodium triphosphate consumption in China exceeded the figures recorded by the second-largest consumer, Tunisia, fourfold. Kazakhstan ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of sodium triphosphate (sodium tripolyphosphates) in the world?

China constituted the country with the largest volume of sodium triphosphate production, comprising approx. 52% of total volume. Moreover, sodium triphosphate production in China exceeded the figures recorded by the second-largest producer, Tunisia, fourfold. The third position in this ranking was occupied by Belgium, with a 9.8% share.

What are the leading suppliers of sodium triphosphate (sodium tripolyphosphates) to Malaysia?

In value terms, China constituted the largest supplier of sodium triphosphate to Malaysia, comprising 81% of total imports. The second position in the ranking was occupied by Thailand, with a 15% share of total imports.

What are the leading importers of sodium triphosphate (sodium tripolyphosphates) from Malaysia?

In value terms, Singapore remains the key foreign market for sodium triphosphate exports from Malaysia.

What is the average export price for sodium triphosphate (sodium tripolyphosphates) in Malaysia?

The average sodium triphosphate export price stood at $1,351 per ton in 2021, increasing by 8.9% against the previous year.

What is the average import price for sodium triphosphate (sodium tripolyphosphates) in Malaysia?

The average sodium triphosphate import price stood at $1,260 per ton in 2021, rising by 21% against the previous year.

This report provides an in-depth analysis of the sodium triphosphate 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)

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