Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia - 2024

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia (CIF) - 2024
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia (CIF) - 2024

In January 2024, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $12,820 per ton, dropping by -7.9% against the previous month. In general, the import price saw a slight slump. The pace of growth was the most pronounced in March 2023 an increase of 76% month-to-month. As a result, import price attained the peak level of $29,573 per ton. From April 2023 to January 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($18,184 per ton), while the price for China ($8,351 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia (FOB) - 2022

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $18,905 per ton in 2022, falling by -7.2% against the previous year. Overall, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2016 an increase of 187% against the previous year. Over the period under review, the average export prices attained the maximum at $24,364 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($20,972 per ton) and India ($19,057 per ton), while the average price for exports to the United States ($17,512 per ton) and Indonesia ($18,588 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia

In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Malaysia shrank slightly to 430 tons, with a decrease of -2% against the year before. In general, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2%.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $8.7M in 2022. Overall, imports continue to indicate a abrupt decrease.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.03.13.13.9-21.3%
India4.84.44.83.9-6.7%
Singapore1.41.80.30.9-13.7%
Others0.1N/AN/AN/A0%
Total14.39.38.28.7-15.3%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Malaysia in 2022:

  1. India (211.6 tons)
  2. China (178.8 tons)
  3. Singapore (39.7 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia

In 2022, overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol increased by 16% to 138 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol expanded sharply to $2.6M in 2022. In general, exports, however, showed a deep slump.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8518921,0811,15310.7%
India1,6461,5181,0501,120-12.0%
United States349140109123-29.4%
Singapore32717686.3121-28.2%
Indonesia37.922.751.254.612.9%
Others41.549.630.332.3-8.0%
Total3,2532,7992,4082,604-7.1%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Malaysia in 2022:

  1. China (60.8 tons)
  2. India (58.8 tons)
  3. United States (7.0 tons)
  4. Singapore (6.5 tons)
  5. Indonesia (2.9 tons)

Source: IndexBox Market Intelligence Platform

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