Report Update: May 1, 2024

Malaysia - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Odoriferous Substance Mixture Price in Malaysia - 2021

Odoriferous Substance Mixture Price in Malaysia (CIF) - 2021

In December 2021, the average odoriferous substance mixture import price amounted to $15,696 per ton, picking up by 50% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $16,025 per ton in January 2021; however, from February 2021 to December 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Germany ($51,817 per ton), while the price for Vietnam ($2,018 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 Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Odoriferous Substance Mixture Price in Malaysia (FOB) - 2021

In December 2021, the average odoriferous substance mixture export price amounted to $20,391 per ton, growing by 3.3% against the previous month. Over the period under review, the export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in May 2021 an increase of 96% against the previous month. The export price peaked at $24,753 per ton in December 2020; however, from January 2021 to December 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was Mexico ($43,282 per ton), while the average price for exports to Australia ($1,988 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 China (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports in Malaysia

Odoriferous substance mixture imports into Malaysia reduced to 12K tons in 2022, which is down by -5.3% against 2021. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 11%.

In value terms, odoriferous substance mixture imports reduced modestly to $175M in 2022. Overall, imports showed a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of 4.9%.

Import of Odoriferous Substance Mixture in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Singapore	89.2	83.9	88.7	109	6.9%
Indonesia	15.2	10.9	12.7	8.7	-17.0%
Hong Kong SAR	10.0	11.1	11.2	7.6	-8.7%
Germany	15.7	10.7	8.0	6.0	-27.4%
China	4.9	5.2	6.0	5.7	5.2%
United States	10.7	9.1	10.4	5.3	-20.9%
France	4.1	5.6	6.0	4.7	4.7%
India	3.9	3.9	3.6	3.2	-6.4%
Thailand	1.9	2.6	4.6	3.1	17.7%
Spain	5.2	4.4	4.0	2.8	-18.6%
Taiwan (Chinese)	2.9	1.9	2.1	1.5	-19.7%
Vietnam	0.5	0.7	1.1	0.8	17.0%
Others	26.2	20.5	20.4	16.3	-14.6%
Total	190	170	179	175	-2.7%

Top Suppliers of Odoriferous Substance Mixture to Malaysia in 2022:

Singapore (6729.5 tons)
Thailand (708.0 tons)
China (629.0 tons)
Indonesia (605.4 tons)
Hong Kong SAR (516.6 tons)
Vietnam (456.8 tons)
United States (316.0 tons)
India (273.1 tons)
Taiwan (Chinese) (247.5 tons)
France (247.5 tons)
Spain (159.8 tons)
Germany (104.4 tons)

Odoriferous Substance Mixture Exports in Malaysia

In 2022, exports of mixtures of odoriferous substances and their preparations from Malaysia shrank to 7.1K tons, reducing by -9.1% compared with the previous year. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 7.8K tons, and then reduced in the following year.

In value terms, odoriferous substance mixture exports reduced to $121M in 2022. In general, exports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year.

Export of Odoriferous Substance Mixture in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	34.8	14.2	17.0	18.2	-19.4%
South Korea	8.5	11.6	13.0	12.4	13.4%
Mexico	11.5	11.0	14.3	11.6	0.3%
Thailand	11.5	8.9	13.3	10.8	-2.1%
Brazil	5.6	5.3	7.6	9.5	19.3%
Indonesia	12.2	9.2	8.8	8.3	-12.0%
Singapore	10.6	9.2	9.7	7.3	-11.7%
Vietnam	4.5	4.2	4.9	4.0	-3.9%
Bangladesh	2.2	2.2	2.8	2.3	1.5%
China	1.2	2.7	5.0	2.2	22.4%
Nigeria	3.2	0.9	2.5	2.0	-14.5%
Taiwan (Chinese)	2.3	2.2	2.3	1.9	-6.2%
Philippines	1.6	1.4	1.6	1.5	-2.1%
Others	29.5	23.5	31.8	28.7	-0.9%
Total	139	107	135	121	-4.5%

Top Export Markets for Odoriferous Substance Mixture from Malaysia in 2022:

Thailand (1188.2 tons)
South Korea (659.9 tons)
Vietnam (633.7 tons)
Indonesia (599.3 tons)
Singapore (550.4 tons)
Taiwan (Chinese) (414.2 tons)
Russia (366.9 tons)
Bangladesh (270.4 tons)
Mexico (245.7 tons)
China (218.1 tons)
Brazil (197.0 tons)
Nigeria (178.0 tons)
Philippines (168.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)

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