Report Update Nov 1, 2024

Malaysia - Zirconium - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Zirconium Market 2024

Zirconium Market Size in Malaysia

The Malaysian zirconium market fell to $X in 2022, waning by -6.7% against the previous year. Over the period under review, consumption, however, posted prominent growth. Over the period under review, the market attained the peak level at $X in 2021, and then shrank in the following year.

Zirconium Production in Malaysia

In value terms, zirconium production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 83% against the previous year. Zirconium production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Zirconium Exports

Exports from Malaysia

In 2022, approx. X tons of zirconium were exported from Malaysia; rising by 613% against the previous year's figure. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, zirconium exports soared to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 13,665% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for zirconium exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Indonesia totaled +38.0%.

In value terms, Indonesia ($X) also remains the key foreign market for zirconium exports from Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia stood at +57.4%.

Export Prices by Country

In 2022, the average zirconium export price amounted to $X per ton, dropping by -67.5% against the previous year. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 23,912% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +14.1% per year.

Zirconium Imports

Imports into Malaysia

In 2022, after three years of growth, there was significant decline in overseas purchases of zirconium, when their volume decreased by -46% to X tons. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 859% against the previous year. Imports peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, zirconium imports fell to $X in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 755% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest zirconium supplier to Malaysia, with a 72% share of total imports. Moreover, zirconium imports from Germany exceeded the figures recorded by the second-largest supplier, Japan (X tons), sevenfold. The third position in this ranking was held by the United States (X kg), with a 1.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +84.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+55.1% per year) and the United States (+37.8% per year).

In value terms, Germany ($X) constituted the largest supplier of zirconium to Malaysia, comprising 38% of total imports. The second position in the ranking was taken by Japan ($X), with a 9.3% share of total imports. It was followed by the United States, with a 0.9% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +79.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+39.5% per year) and the United States (+14.7% per year).

Import Prices by Country

The average zirconium import price stood at $X per ton in 2022, surging by 68% against the previous year. In general, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2019 an increase of 137%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+112.1%), 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 zirconium in the world?

The countries with the highest volumes of in 2021 were Australia, South Africa and China, with a combined 76% share of global consumption. These countries were followed by Indonesia, Mozambique, India and Ukraine, which together accounted for a further 20%.

What are the largest producers of zirconium in the world?

The countries with the highest volumes of in 2021 were Australia, South Africa and China, together accounting for 76% of global production. Indonesia, Mozambique, India and Ukraine lagged somewhat behind, together accounting for a further 20%.

What are the leading suppliers of zirconium to Malaysia?

In value terms, Germany constituted the largest supplier of zirconium to Malaysia, comprising 83% of total imports. The second position in the ranking was occupied by Japan, with an 11% share of total imports.

What are the leading importers of zirconium from Malaysia?

In value terms, Switzerland and Indonesia were the largest markets for zirconium exported from Malaysia worldwide.

What is the average export price for zirconium in Malaysia?

In 2021, the average zirconium export price amounted to $23,552 per ton, declining by -46.3% against the previous year.

What is the average import price for zirconium in Malaysia?

The average zirconium import price stood at $237,099 per ton in 2021, surging by 9.8% against the previous year.

This report provides an in-depth analysis of the zirconium 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:

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