Malaysia - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Malaysia - 2021
Contents:
- Polystyrene Price in Malaysia (FOB) - 2021
- Polystyrene Price in Malaysia (CIF) - 2021
- Polystyrene Exports in Malaysia
- Polystyrene Imports in Malaysia
Polystyrene Price in Malaysia (FOB) - 2021
The average polystyrene export price stood at $1,102 per ton in December 2021, picking up by 4.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The pace of growth was the most pronounced in January 2021 an increase of 19% month-to-month. The export price peaked at $1,128 per ton in August 2021; afterwards, it flattened through to December 2021.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($1,887 per ton), while the average price for exports to China ($962 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 Philippines (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Polystyrene Price in Malaysia (CIF) - 2021
In December 2021, the average polystyrene import price amounted to $1,446 per ton, surging by 35% against the previous month. Over the period under review, import price indicated a buoyant increase from December 2020 to December 2021: its price increased at an average monthly rate of +7.5% 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, polystyrene import price increased by +77.6% against August 2021 indices. The pace of growth was the most pronounced in January 2021 when the average import price increased by 52% month-to-month. The import price peaked in December 2021.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($1,848 per ton), while the price for Croatia ($393 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 the United States (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Polystyrene Exports in Malaysia
In 2022, the amount of polystyrene exported from Malaysia fell to 257K tons, declining by -5% on the previous year's figure. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 11%.
In value terms, polystyrene exports fell to $251M in 2022. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 26%.
Export of Polystyrene in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | 0.2 | 238 | 118900.0% |
Myanmar | N/A | 0.1 | N/A | 10.1 | 905.0% |
China | 266 | 161 | 205 | N/A | -12.2% |
Vietnam | 28.2 | 28.5 | 27.6 | N/A | -1.1% |
Others | 51.3 | 31.7 | 46.8 | 2.3 | -64.5% |
Total | 345 | 222 | 280 | 251 | -10.1% |
Top Export Markets for Polystyrene from Malaysia in 2022:
- Vietnam (undefinedK tons)
- China (undefinedK tons)
- United Arab Emirates (237.0K tons)
- Myanmar (18.6K tons)
Polystyrene Imports in Malaysia
In 2022, the amount of polystyrene imported into Malaysia soared to 280K tons, rising by 16% against the year before. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 39%. As a result, imports attained the peak of 309K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, polystyrene imports declined to $193M in 2022. Over the period under review, imports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 0.4% against the previous year.
Import of Polystyrene in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.3 | 0.5 | 0.7 | 149 | 691.9% |
Taiwan (Chinese) | 45.7 | 35.2 | 54.6 | 34.8 | -8.7% |
China | 13.5 | 9.8 | 6.1 | 2.6 | -42.3% |
Japan | 40.8 | 38.6 | 39.6 | 1.9 | -64.0% |
United States | 17.7 | 21.4 | 15.6 | 0.5 | -69.5% |
Singapore | 35.3 | 35.1 | 26.1 | 0.1 | -85.9% |
Hong Kong SAR | 5.6 | 5.9 | 3.6 | 0.1 | -73.9% |
Others | 39.5 | 45.9 | 46.8 | 3.9 | -53.8% |
Total | 198 | 192 | 193 | 193 | -0.8% |
Top Suppliers of Polystyrene to Malaysia in 2022:
- Singapore (undefinedK tons)
- United Arab Emirates (244.3K tons)
- Taiwan (Chinese) (24.8K tons)
- Japan (2.8K tons)
- China (2.1K tons)
- United States (0.1K tons)
- Hong Kong SAR (0.1K tons)
This report provides an in-depth analysis of the polystyrene 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 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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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In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
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