Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia - 2024
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia (CIF) - 2022
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia (FOB) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia
- Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia (CIF) - 2022
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $1,675 per ton in 2022, jumping by 19% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. Over the period under review, average import prices reached the maximum at $3,509 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($16,587 per ton), while the price for China ($1,209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia (FOB) - 2022
In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,380 per ton, waning by -23.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 79%. Over the period under review, the average export prices attained the peak figure at $5,606 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($21,233 per ton), while the average price for exports to Singapore ($1,424 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 the Philippines (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia
In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol imported into Malaysia contracted significantly to 393 tons, declining by -23.6% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports reached the peak of 514 tons, and then reduced notably in the following year.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol dropped to $657K in 2022. In general, imports recorded a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 22%.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 111 | 69.3 | 212 | 374 | 49.9% |
| Japan | 230 | 173 | 76.0 | 157 | -12.0% |
| India | 173 | 184 | 228 | 64.7 | -28.0% |
| Singapore | 193 | 136 | 109 | 21.3 | -52.0% |
| Portugal | N/A | N/A | 30.0 | N/A | 0% |
| Others | 47.2 | 31.5 | 67.0 | 41.0 | -4.6% |
| Total | 755 | 594 | 721 | 657 | -4.5% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Malaysia in 2022:
- China (309.2 tons)
- India (47.8 tons)
- Singapore (12.6 tons)
- Japan (9.4 tons)
Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia
In 2022, overseas shipments of alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by 66% to 6.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a dramatic decrease.
In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol skyrocketed to $17K in 2022. Over the period under review, exports, however, continue to indicate a precipitous contraction.
| Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 6.5 | 5.1 | 5.5 | 6.1 | -2.1% |
| Canada | N/A | N/A | N/A | 3.2 | 0% |
| Thailand | 1.9 | 1.7 | 1.9 | 1.8 | -1.8% |
| India | 0.8 | 1.1 | 1.1 | 1.0 | 7.7% |
| China | 2.6 | 1.1 | 0.5 | 1.0 | -27.3% |
| South Korea | 10.9 | 2.5 | 0.8 | 0.7 | -60.0% |
| Singapore | 17.5 | 5.8 | 0.8 | 0.6 | -67.5% |
| Others | 4.3 | 2.7 | 2.4 | 1.9 | -23.8% |
| Total | 44.4 | 20.0 | 13.0 | 16.5 | -28.1% |
Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Malaysia in 2022:
- Vietnam (2859.0 kg)
- Canada (1769.0 kg)
- India (604.0 kg)
- Thailand (514.0 kg)
- China (472.0 kg)
- Singapore (455.0 kg)
- South Korea (167.0 kg)
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This report provides an in-depth analysis of the aromatic alcohols market in Malaysia.
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This report provides an in-depth analysis of the alcohols market in Malaysia.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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This report provides an in-depth analysis of the aromatic alcohols market in Malaysia.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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