Malaysia: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in Malaysia

In 2021, the Malaysian threaded metal articles market decreased by -12.9% to $X, falling for the third consecutive year after three years of growth. In general, consumption recorded a mild decrease. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Threaded Metal Articles Production in Malaysia

In value terms, threaded metal articles production shrank to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 114% against the previous year. Threaded metal articles production peaked at $X in 2020, and then contracted in the following year.

Threaded Metal Articles Exports

Exports from Malaysia

In 2021, overseas shipments of threaded articles of iron or steel increased by 14% to X tons, rising for the third year in a row after two years of decline. In general, exports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2020 when exports increased by 94%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, threaded metal articles exports skyrocketed to $X in 2021. Overall, total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +79.2% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 42%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for threaded metal articles exports from Malaysia, accounting for a 70% share of total exports. Moreover, threaded metal articles exports to the United States exceeded the volume sent to the second major destination, Singapore (X tons), fourfold. Thailand (X tons) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +34.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+12.5% per year) and Thailand (-6.6% per year).

In value terms, Singapore ($X) remains the key foreign market for threaded articles of iron or steel exports from Malaysia, comprising 56% of total exports. The second position in the ranking was held by the United States ($X), with a 27% share of total exports. It was followed by Thailand, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore stood at +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+29.1% per year) and Thailand (-3.8% per year).

Export Prices by Country

In 2021, the average threaded metal articles export price amounted to $X per ton, surging by 14% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 93%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, 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 Singapore ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Metal Articles Imports

Imports into Malaysia

In 2021, the amount of threaded articles of iron or steel imported into Malaysia amounted to X tons, with an increase of 7.1% compared with the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 47% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, threaded metal articles imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 24%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest threaded metal articles supplier to Malaysia, accounting for a 68% share of total imports. Moreover, threaded metal articles imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), eightfold. Vietnam (X tons) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+1.3% per year) and Vietnam (+41.9% per year).

In value terms, China ($X), Singapore ($X) and the United States ($X) constituted the largest threaded metal articles suppliers to Malaysia, together accounting for 74% of total imports. Taiwan (Chinese), Germany, Vietnam, India, the UK, South Africa and Italy lagged somewhat behind, together accounting for a further 17%.

Among the main suppliers, Vietnam, with a CAGR of +55.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average threaded metal articles import price stood at $X per ton in 2021, with an increase of 3% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, threaded metal articles import price increased by +81.7% against 2016 indices. The growth pace was the most rapid in 2017 when the average import price increased by 38%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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