Malaysia - Primary Polyethylene with a Specific Gravity of over 0,94 - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Price in Malaysia - 2021
Contents:
- Polyethylene Price in Malaysia (CIF) - 2021
- Polyethylene Price in Malaysia (FOB) - 2021
- Polyethylene Imports in Malaysia
- Polyethylene Exports in Malaysia
Polyethylene Price in Malaysia (CIF) - 2021
The average polyethylene import price stood at $1,203 per ton in December 2021, approximately reflecting the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 15% m-o-m. Over the period under review, average import prices hit record highs at $1,208 per ton in May 2021; afterwards, it flattened through to December 2021.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the highest price was recorded for prices from Singapore ($1,361 per ton) and Thailand ($1,351 per ton), while the price for the United States ($1,008 per ton) and Saudi Arabia ($1,130 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyethylene Price in Malaysia (FOB) - 2021
The average polyethylene export price stood at $1,189 per ton in December 2021, almost unchanged from the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in March 2021 an increase of 15% against the previous month. Over the period under review, the average export prices hit record highs at $1,198 per ton in May 2021; afterwards, it flattened through to December 2021.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Togo ($1,703 per ton), while the average price for exports to Hong Kong SAR ($958 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 Pakistan (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Imports in Malaysia
In 2022, overseas purchases of polyethylene with a specific gravity of more then 0,94, in primary forms were finally on the rise to reach 558K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep slump.
In value terms, polyethylene imports stood at $531M in 2022. Overall, imports, however, continue to indicate a abrupt slump.
| Import of Polyethylene in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 393 | 251 | 190 | 224 | -17.1% |
| United States | 79.3 | 85.4 | 68.2 | 74.9 | -1.9% |
| Singapore | 79.0 | 57.8 | 71.6 | 68.3 | -4.7% |
| Thailand | 49.2 | 37.1 | 53.2 | 45.5 | -2.6% |
| United Arab Emirates | 62.4 | 42.0 | 49.2 | 42.1 | -12.3% |
| Qatar | 24.3 | 12.8 | 18.8 | 16.1 | -12.8% |
| South Korea | 14.2 | 8.8 | 12.9 | 5.9 | -25.4% |
| Others | 62.1 | 44.6 | 59.6 | 54.2 | -4.4% |
| Total | 764 | 539 | 524 | 531 | -11.4% |
Top Suppliers of Polyethylene to Malaysia in 2022:
- Saudi Arabia (250.0K tons)
- United States (92.9K tons)
- Singapore (61.0K tons)
- United Arab Emirates (44.9K tons)
- Thailand (41.3K tons)
- Qatar (16.5K tons)
- South Korea (4.7K tons)
Polyethylene Exports in Malaysia
In 2022, overseas shipments of polyethylene with a specific gravity of more then 0,94, in primary forms were finally on the rise to reach 533K tons after two years of decline. In general, exports, however, saw a perceptible reduction.
In value terms, polyethylene exports contracted to $478M in 2022. Overall, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by less than 0.1% against the previous year.
| Export of Polyethylene in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 109 | 90.1 | 107 | 119 | 3.0% |
| Indonesia | 91.3 | 62.7 | 82.4 | 91.3 | 0.0% |
| Philippines | 34.8 | 31.9 | 45.0 | 59.9 | 19.8% |
| China | 232 | 189 | 89.2 | 33.1 | -47.7% |
| India | 10.7 | 16.2 | 13.2 | 22.8 | 28.7% |
| Bangladesh | 2.6 | 4.0 | 20.0 | 22.2 | 104.4% |
| Pakistan | 3.1 | 7.5 | 18.2 | 20.1 | 86.5% |
| Japan | 10.0 | 8.4 | 11.4 | 19.3 | 24.5% |
| Thailand | 14.6 | 13.9 | 15.4 | 17.1 | 5.4% |
| Australia | 8.0 | 8.5 | 9.2 | 10.2 | 8.4% |
| Hong Kong SAR | 15.3 | 5.7 | 3.3 | 3.4 | -39.4% |
| Others | 56.6 | 39.4 | 62.8 | 59.2 | 1.5% |
| Total | 588 | 478 | 478 | 478 | -6.7% |
Top Export Markets for Polyethylene from Malaysia in 2022:
- Vietnam (166.8K tons)
- Indonesia (104.8K tons)
- Philippines (53.8K tons)
- China (39.2K tons)
- Bangladesh (21.6K tons)
- India (21.2K tons)
- Pakistan (20.3K tons)
- Thailand (19.7K tons)
- Japan (15.9K tons)
- Australia (11.1K tons)
- Hong Kong SAR (4.5K tons)
This report provides an in-depth analysis of the polyethylene 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 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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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