Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia - 2024

Contents:

  1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia (CIF) - 2024
  2. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia (FOB) - 2022
  3. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia
  4. Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia (CIF) - 2024

In December 2023, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $4,751 per ton, reducing by -25% against the previous month. Over the period under review, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 54% month-to-month. Over the period under review, average import prices hit record highs at $9,091 per ton in February 2023; however, from March 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,655 per ton), while the price for China totaled $4,050 per ton.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (-2.3%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $187,594 per ton, growing by 4,556% against the previous year. In general, the export price saw a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($215,677 per ton), while the average price for exports to Singapore stood at $24,995 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia

In 2022, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses into Malaysia dropped remarkably to 315 tons, which is down by -18.1% compared with 2021 figures. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 149% against the previous year. As a result, imports reached the peak of 385 tons, and then dropped markedly in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted markedly to $2.1M in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 157%. As a result, imports attained the peak of $2.6M, and then fell dramatically in the following year.

Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7673719289115.9%
Japan39349659380627.1%
China79.962.072826348.8%
Taiwan (Chinese)48.426.620091.823.8%
Others26.354.014554.927.8%
Total1,3151,0102,5942,12717.4%

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Malaysia in 2022:

  1. India (160.0 tons)
  2. Japan (101.6 tons)
  3. China (43.5 tons)
  4. Taiwan (Chinese) (6.6 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia

In 2022, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses from Malaysia dropped remarkably to 1.4 tons, which is down by -28.1% on 2021 figures. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 8.9% against the previous year.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses skyrocketed to $255K in 2022. Overall, exports, however, showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A2500%
SingaporeN/AN/A2.45.0108.3%
Dominican RepublicN/A0.9N/AN/A0%
South Africa15.65.0N/AN/A-67.9%
CanadaN/AN/A5.3N/A0%
OthersN/AN/AN/AN/A0%
Total15.66.07.6255153.8%

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Malaysia in 2022:

  1. India (1158.0 kg)
  2. Singapore (200.0 kg)

Source: IndexBox Market Intelligence Platform

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