Malaysia - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Oleic Acid Price in Malaysia - 2021
Contents:
- Industrial Oleic Acid Price in Malaysia (FOB) - 2021
- Industrial Oleic Acid Price in Malaysia (CIF) - 2021
- Industrial Oleic Acid Exports in Malaysia
- Industrial Oleic Acid Imports in Malaysia
Industrial Oleic Acid Price in Malaysia (FOB) - 2021
The average industrial oleic acid export price stood at $2,104 per ton in December 2021, surging by 9.1% against the previous month. In general, export price indicated a buoyant increase from December 2020 to December 2021: its price increased at an average monthly rate of +5.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, industrial oleic acid export price increased by +93.3% against December 2020 indices. The pace of growth appeared the most rapid in April 2021 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices hit record highs in December 2021.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was the Netherlands ($2,505 per ton), while the average price for exports to Belgium ($1,199 per ton) was 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 Netherlands (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Oleic Acid Price in Malaysia (CIF) - 2021
The average industrial oleic acid import price stood at $2,812 per ton in December 2021, jumping by 35% against the previous month. Over the period under review, import price indicated a strong expansion from December 2020 to December 2021: its price increased at an average monthly rate of +7.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, industrial oleic acid import price increased by +127.1% against January 2021 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($3,792 per ton), while the price for Belgium ($1,836 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Oleic Acid Exports in Malaysia
In 2022, approx. 119K tons of industrial oleic acid were exported from Malaysia; falling by -6.5% compared with the previous year. Overall, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year.
In value terms, industrial oleic acid exports fell remarkably to $160M in 2022. Over the period under review, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 92%. As a result, the exports reached the peak of $210M, and then fell dramatically in the following year.
| Export of Industrial Oleic Acid in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.6 | 20.7 | 31.6 | 23.9 | 17.9% |
| South Korea | 15.1 | 14.2 | 29.5 | 22.2 | 13.7% |
| Netherlands | 9.2 | 6.8 | 25.5 | 19.2 | 27.8% |
| India | 12.9 | 9.8 | 24.7 | 18.6 | 13.0% |
| Japan | 11.1 | 9.2 | 24.5 | 18.4 | 18.3% |
| Sweden | 9.8 | 13.0 | 13.0 | 9.8 | 0.0% |
| United States | 6.6 | 5.2 | 7.8 | 5.9 | -3.7% |
| Thailand | 2.7 | 3.1 | 7.8 | 5.9 | 29.8% |
| Turkey | 2.6 | 3.4 | 7.7 | 5.8 | 30.7% |
| Taiwan (Chinese) | 3.5 | 2.7 | 7.5 | 5.7 | 17.7% |
| Belgium | 7.4 | 7.7 | 4.5 | 4.8 | -13.4% |
| Spain | 2.4 | 3.5 | 5.9 | 4.4 | 22.4% |
| Singapore | 2.2 | 2.3 | 4.6 | 3.5 | 16.7% |
| Others | 8.6 | 7.8 | 15.4 | 11.5 | 10.2% |
| Total | 109 | 109 | 210 | 160 | 13.6% |
Top Export Markets for Industrial Oleic Acid from Malaysia in 2022:
- China (17.6K tons)
- South Korea (16.7K tons)
- India (14.8K tons)
- Japan (12.8K tons)
- Netherlands (12.6K tons)
- Belgium (6.8K tons)
- Sweden (6.4K tons)
- United States (5.2K tons)
- Turkey (4.3K tons)
- Taiwan (Chinese) (4.3K tons)
- Thailand (3.9K tons)
- Spain (3.3K tons)
- Singapore (2.3K tons)
Industrial Oleic Acid Imports in Malaysia
In 2022, the amount of industrial oleic acid imported into Malaysia dropped dramatically to 7.4K tons, reducing by -34.9% on the previous year. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 232% against the previous year. As a result, imports reached the peak of 11K tons, and then declined dramatically in the following year.
In value terms, industrial oleic acid imports dropped dramatically to $12M in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 233% against the previous year. As a result, imports attained the peak of $19M, and then contracted dramatically in the following year.
| Import of Industrial Oleic Acid in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 3.5 | 5.7 | 6.7 | 21.9% |
| Japan | 1.5 | 1.6 | 4.3 | 3.7 | 35.1% |
| Indonesia | 0.7 | 0.5 | 2.1 | 1.8 | 37.0% |
| Belgium | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Others | N/A | 0.1 | 6.9 | 0.1 | 0.0% |
| Total | 5.9 | 5.7 | 19.1 | 12.4 | 28.1% |
Top Suppliers of Industrial Oleic Acid to Malaysia in 2022:
- Germany (4.1K tons)
- Indonesia (1.7K tons)
- Japan (1.4K tons)
- Belgium (0.1K tons)
This report provides an in-depth analysis of the industrial oleic acid 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 20143130 - Industrial oleic acid
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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