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

Contents:

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

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Malaysia (CIF) - 2022

The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $5,291 per ton in 2022, declining by -11.5% against the previous year. In general, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 60%. As a result, import price reached the peak level of $19,809 per ton. From 2014 to 2022, the average import prices remained at a 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 United States ($211,716 per ton), while the price for South Korea ($3,902 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 (+33.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $16,701 per ton in 2022, picking up by 6.9% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices hit record highs at $20,160 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Spain ($26,463 per ton), while the average price for exports to Indonesia ($4,361 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 Netherlands (-0.1%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, overseas purchases of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses decreased by -23.3% to 88 tons in 2022. Over the period under review, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 81% against the previous year. As a result, imports attained the peak of 115 tons, and then dropped sharply in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses reduced markedly to $465K in 2022. Overall, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 180%. As a result, imports attained the peak of $685K, and then contracted significantly in the following year.

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

1. China (80.9 tons)
2. South Korea (2.5 tons)
3. Thailand (0.9 tons)

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

In 2022, shipments abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses decreased by -3.3% to 237 kg, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of 252 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $4K in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 14%. As a result, the exports reached the peak of $4.1K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Singapore (208.0 kg)
2. Netherlands (15.0 kg)
3. Spain (6.0 kg)
4. Indonesia (4.0 kg)

Source: IndexBox Market Intelligence Platform