Malaysia - O-Acetylsalicylic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingO-Acetylsalicylic Acid Price in Malaysia - 2022
Contents:
- O-Acetylsalicylic Acid Price in Malaysia (CIF) - 2022
- O-Acetylsalicylic Acid Price in Malaysia (FOB) - 2022
- O-Acetylsalicylic Acid Imports in Malaysia
- O-Acetylsalicylic Acid Exports in Malaysia
O-Acetylsalicylic Acid Price in Malaysia (CIF) - 2022
The average o-acetylsalicylic acid import price stood at $2,503 per ton in 2022, shrinking by -37.4% against the previous year. In general, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of 46%. As a result, import price attained the peak level of $5,217 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($3,044 per ton), while the price for China ($2,269 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
O-Acetylsalicylic Acid Price in Malaysia (FOB) - 2022
In 2022, the average o-acetylsalicylic acid export price amounted to $10,702 per ton, dropping by -23% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 220%. The export price peaked at $13,892 per ton in 2021, and then fell remarkably in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($10,722 per ton), while the average price for exports to Singapore amounted to $10,350 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+15.6%).
O-Acetylsalicylic Acid Imports in Malaysia
In 2022, approx. 142 tons of o-acetylsalicylic acid, its salts and esters were imported into Malaysia; with an increase of 17% on the year before. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 136%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, o-acetylsalicylic acid imports shrank significantly to $356K in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 115%. As a result, imports reached the peak of $487K, and then shrank dramatically in the following year.
| Import of O-Acetylsalicylic Acid in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 68.5 | 85.0 | 312 | 228 | 49.3% |
| Thailand | 80.1 | 105 | 143 | 104 | 9.1% |
| India | 28.3 | 25.9 | 24.3 | 15.4 | -18.4% |
| Others | 2.5 | 9.7 | 7.9 | 8.4 | 49.8% |
| Total | 179 | 226 | 487 | 356 | 25.8% |
Top Suppliers of O-Acetylsalicylic Acid to Malaysia in 2022:
- China (100.5 tons)
- Thailand (34.3 tons)
- India (5.7 tons)
O-Acetylsalicylic Acid Exports in Malaysia
In 2022, shipments abroad of o-acetylsalicylic acid, its salts and esters increased by 7% to 594 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt descent.
In value terms, o-acetylsalicylic acid exports fell markedly to $6.4K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 119%.
| Export of O-Acetylsalicylic Acid in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.6 | 0.3 | 7.7 | 6.0 | 55.4% |
| Singapore | 0.6 | N/A | 0.1 | 0.3 | -20.6% |
| Kenya | N/A | 4.6 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 2.3 | 5.0 | 7.7 | 6.4 | 40.7% |
Top Export Markets for O-Acetylsalicylic Acid from Malaysia in 2022:
- Vietnam (562.0 kg)
- Singapore (32.0 kg)
This report provides an in-depth analysis of the o-acetylsalicylic 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 21101050 - O-acetylsalicylic acid, its salts and esters
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
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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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