Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $2,588 per ton, surging by 9.7% against the previous year. Overall, the import price, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2021 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum at $3,819 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,649 per ton), while the price for the United States ($2,269 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 (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,614 per ton in 2022, jumping by 24% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 83%. As a result, the export price attained the peak level of $3,161 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($6,210 per ton), while the average price for exports to Vietnam ($1,666 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 Australia (+174.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia
Imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses into Malaysia declined to 3.3K tons in 2022, dropping by -7.8% on the previous year. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, imports reached the peak of 3.6K tons, and then fell in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses totaled $8.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +61.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 60%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.1 | 1.1 | 3.1 | 3.9 | 52.5% |
China | 0.8 | 0.7 | 1.5 | 1.6 | 26.0% |
Netherlands | 0.9 | 0.9 | 1.2 | 1.1 | 6.9% |
Japan | 0.8 | 0.5 | 0.7 | 0.7 | -4.4% |
Singapore | 1.4 | 1.7 | 1.5 | 0.5 | -29.1% |
Germany | 0.1 | N/A | N/A | 0.3 | 44.2% |
Belgium | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
Others | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
Total | 5.5 | 5.3 | 8.4 | 8.5 | 15.6% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Malaysia in 2022:
- United States (1738.8 tons)
- China (525.8 tons)
- Netherlands (308.0 tons)
- Japan (288.3 tons)
- Singapore (204.9 tons)
- Germany (100.1 tons)
- Belgium (72.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia
In 2022, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Malaysia stood at 68 tons, surging by 8.5% compared with the year before. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 78%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $178K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 75%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 11.4 | 99.6 | 101 | 119 | 118.5% |
Indonesia | 23.2 | N/A | 5.5 | 35.3 | 15.0% |
Thailand | N/A | N/A | N/A | 12.6 | 0% |
Vietnam | N/A | N/A | 7.5 | 10.2 | 36.0% |
South Korea | N/A | 7.4 | 2.4 | N/A | -67.6% |
Bangladesh | N/A | N/A | 6.8 | N/A | 0% |
Iran | 26.3 | N/A | N/A | N/A | 0% |
Others | 2.8 | 4.2 | 8.8 | N/A | 77.3% |
Total | 63.6 | 111 | 131 | 178 | 40.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Malaysia in 2022:
- Singapore (45.3 tons)
- Indonesia (14.5 tons)
- Vietnam (6.2 tons)
- Thailand (2.0 tons)
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