Report Update: May 1, 2024

Malaysia - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights

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Industrial Fatty Alcohols Price in Malaysia - 2021

Industrial Fatty Alcohols Price in Malaysia (FOB) - 2021

In December 2021, the average industrial fatty alcohols export price amounted to $2,150 per ton, with an increase of 19% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In December 2021, the countries with the highest prices were the United Arab Emirates ($2,579 per ton) and Thailand ($2,341 per ton), while the average price for exports to South Korea ($1,930 per ton) and Singapore ($2,053 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Fatty Alcohols Price in Malaysia (CIF) - 2021

In December 2021, the average industrial fatty alcohols import price amounted to $2,616 per ton, picking up by 34% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +4.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Indonesia ($2,576 per ton), while the price for South Africa stood at $2,385 per ton.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+6.2%).

Industrial Fatty Alcohols Exports in Malaysia

In 2022, approx. 413K tons of industrial fatty alcohols were exported from Malaysia; reducing by -7.6% on the previous year's figure. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.

In value terms, industrial fatty alcohols exports fell rapidly to $626M in 2022. In general, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of $812M, and then reduced notably in the following year.

Export of Industrial Fatty Alcohols in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Myanmar	N/A	N/A	N/A	626	0%
Spain	31.1	0.1	0.2	N/A	-92.0%
South Korea	17.4	11.3	33.2	N/A	38.1%
Thailand	22.4	21.1	58.5	N/A	61.6%
China	166	92.1	227	N/A	16.9%
United States	47.7	57.2	55.5	N/A	7.9%
Japan	15.4	15.6	33.5	N/A	47.5%
India	41.8	30.7	85.6	N/A	43.1%
Indonesia	36.0	34.3	54.2	N/A	22.7%
Singapore	106	89.2	133	N/A	12.0%
Netherlands	39.5	55.9	69.0	N/A	32.2%
Others	40.5	31.3	62.5	N/A	24.2%
Total	563	439	812	626	3.6%

Top Export Markets for Industrial Fatty Alcohols from Malaysia in 2022:

Myanmar (412.8K tons)

Industrial Fatty Alcohols Imports in Malaysia

In 2022, the amount of industrial fatty alcohols imported into Malaysia soared to 46K tons, growing by 157% on 2021 figures. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 427% against the previous year. As a result, imports attained the peak of 73K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial fatty alcohols imports surged to $61M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 402%. As a result, imports attained the peak of $95M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Industrial Fatty Alcohols in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Philippines	N/A	2.0	0.5	33.9	311.7%
Germany	0.1	0.6	0.1	9.7	359.5%
Spain	N/A	N/A	N/A	3.0	0%
Indonesia	13.2	80.2	23.9	N/A	34.6%
Others	5.6	11.8	2.6	14.3	36.7%
Total	18.8	94.7	27.1	60.9	48.0%

Top Suppliers of Industrial Fatty Alcohols to Malaysia in 2022:

Philippines (32.4K tons)
Germany (3.9K tons)
Spain (1.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols

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