Malaysia - Oxygen - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Malaysia - Oxygen - Market Analysis, Forecast, Size, Trends And Insights

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Oxygen Price in Malaysia - 2021

Contents:

  1. Oxygen Price in Malaysia (FOB) - 2022
  2. Oxygen Price in Malaysia (CIF) - 2022
  3. Oxygen Exports in Malaysia
  4. Oxygen Imports in Malaysia

Oxygen Price in Malaysia (FOB) - 2022

The average oxygen export price stood at $0.2 per cubic meter in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2013 an increase of 33% against the previous year. The export price peaked at $0.3 per cubic meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Brunei Darussalam ($0.2 per cubic meter) and Indonesia ($0.2 per cubic meter), while the average price for exports to Singapore ($0.2 per cubic meter) and Thailand ($0.2 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen Price in Malaysia (CIF) - 2022

In 2022, the average oxygen import price amounted to $0.2 per cubic meter, which is down by -2.9% against the previous year. Overall, the import price showed a mild decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25%. Over the period under review, average import prices reached the maximum at $0.3 per cubic meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($0.2 per cubic meter) and Singapore ($0.2 per cubic meter), while the price for Taiwan (Chinese) ($0.2 per cubic meter) and the United States ($0.2 per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-1.7%), while the prices for the other major suppliers experienced a decline.

Oxygen Exports in Malaysia

In 2022, shipments abroad of oxygen decreased by -31.8% to 4.9M cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 175%. As a result, the exports attained the peak of 7.2M cubic meters, and then contracted rapidly in the following year.

In value terms, oxygen exports reduced rapidly to $1.2M in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 178% against the previous year. As a result, the exports attained the peak of $1.7M, and then plummeted in the following year.

Export of Oxygen in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia3.514.0654454406.2%
Singapore65.648.135324555.2%
Brunei Darussalam293220277193-13.0%
Thailand1292352021402.8%
Papua New Guinea15.65.014410085.8%
Others38.587.161.818.3-22.0%
Total5456091,6921,15128.3%

Top Export Markets for Oxygen from Malaysia in 2022:

  1. Indonesia (1933.6K cubic meters)
  2. Singapore (1042.9K cubic meters)
  3. Brunei Darussalam (820.0K cubic meters)
  4. Thailand (596.1K cubic meters)
  5. Papua New Guinea (426.6K cubic meters)

Oxygen Imports in Malaysia

In 2022, overseas purchases of oxygen decreased by -0.9% to 4M cubic meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56%. Imports peaked at 4M cubic meters in 2021, and then shrank modestly in the following year.

In value terms, oxygen imports reduced slightly to $808K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 62% against the previous year. Over the period under review, imports attained the peak figure at $840K in 2021, and then shrank in the following year.

Import of Oxygen in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore34950867064122.5%
Taiwan (Chinese)90.478.734.063.8-11.0%
United States0.616218.357.0356.3%
China1.27.741.439.6220.8%
Others39.319.376.66.6-44.8%
Total48077684080819.0%

Top Suppliers of Oxygen to Malaysia in 2022:

  1. Singapore (3104.1K cubic meters)
  2. Taiwan (Chinese) (330.6K cubic meters)
  3. United States (291.5K cubic meters)
  4. China (191.7K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oxygen 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 20111170 - Oxygen

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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