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Showing posts from December, 2023

Malaysia, "the world's biggest supplier of copper powder & platinum clad metals"

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  Malaysia is the largest market for copper powder and platinum clad metals. It is the biggest exporter of copper powder and platinum metals. Malaysia import export data suggests that the country has exported over $864 million worth of copper powder during the financial year 2022. China is the most preferred market for Malaysia's copper powder exports along with Japan, South Korea, Hong Kong, India and Taiwan.  According to Malaysia export data , China was responsible for 85% share in Malaysia's overall copper powder exports. China made over $700 million imports of copper powder from Malaysia. Whereas, Japan and South Korea were responsible for 5% and 4% market share respectively. On the other hand, Copper alloys exports were merely $20 thousand during the financial year 2022. Singapore was the only destination for Malaysia’s copper alloys exports. Whereas, the overall copper exports from Malaysia were totaled to be $3 billion during FY 2022. China and Bangladesh were the two...

UK's medical cannabis imports saw 3x growth this year

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  Cannabis is a kind of drug most popularly known as marijuana that is used for medicinal and recreational drugs. In some countries, the illegal use of cannabis is restricted. Although, due to its health and medicinal benefits, it is widely used and exported globally. The global cannabis market is estimated to be $13.5 billion. The United Kingdom is the major medical cannabis producer and exporter globally and has recorded a high amount of shipments. The United Kingdom is likely to become the second largest cannabis market among the European countries. Along with Germany, the United Kingdom is receiving more demand from medical cannabis which includes flowers and extracts. The UK covers over 73% of the global cannabis market production. As the medical cannabis production from the Uk was totaled to be 487 tonnes. The United Kingdom is the biggest medical cannabis exporter. The UK’s cannabis exports prospered due to the high quality standard and competitive pricing. The UK export dat...