Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,233 per ton in 2022, waning by -4.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 54%. As a result, import price attained the peak level of $2,346 per ton, and then reduced modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,805 per ton), while the price for China ($1,660 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,733 per ton, surging by 18% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($3,266 per ton), while the average price for exports to Thailand ($1,479 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia
For the third consecutive year, Malaysia recorded decline in supplies from abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses, which decreased by -19.8% to 1.9K tons in 2022. In general, imports faced a abrupt descent. The smallest decline of -13% was in 2021.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses shrank dramatically to $4.2M in 2022. Overall, imports faced a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,821 | 1,408 | 2,193 | 1,352 | -9.4% |
| Taiwan (Chinese) | 1,681 | 1,761 | 1,309 | 1,077 | -13.8% |
| South Korea | 1,313 | 193 | 297 | 576 | -24.0% |
| China | 617 | 427 | 1,194 | 531 | -4.9% |
| India | 79.9 | 37.1 | 193 | 367 | 66.2% |
| United States | 332 | 181 | 105 | 128 | -27.2% |
| Germany | 37.9 | 37.9 | 109 | 115 | 44.8% |
| Others | 30.3 | 8.1 | 44.2 | 10.2 | -30.4% |
| Total | 5,912 | 4,052 | 5,445 | 4,156 | -11.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Malaysia in 2022:
- Taiwan (Chinese) (608.4 tons)
- Japan (355.3 tons)
- China (319.9 tons)
- South Korea (287.5 tons)
- India (200.9 tons)
- Germany (47.7 tons)
- United States (37.1 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia
In 2022, shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -90.9% to 813 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a significant decline. The growth pace was the most rapid in 2020 when exports increased by 25% against the previous year.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses dropped sharply to $2.2M in 2022. Over the period under review, exports showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of $21M, and then dropped notably in the following year.
| Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.8 | 9.5 | 13.8 | 1.3 | -47.1% |
| India | 1.1 | 0.8 | 0.8 | 0.7 | -14.0% |
| Vietnam | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Thailand | 1.7 | 2.3 | 3.0 | N/A | 32.8% |
| Japan | 1.1 | 1.8 | 2.3 | N/A | 44.6% |
| Indonesia | 1.1 | 0.6 | 0.5 | N/A | -32.6% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 14.1 | 15.4 | 20.7 | 2.2 | -46.2% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Malaysia in 2022:
- China (504.1 tons)
- India (224.0 tons)
- Vietnam (39.9 tons)
- Spain (27.1 tons)
- Singapore (15.4 tons)
- Thailand (2.3 tons)
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