Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia - 2023
Contents:
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (FOB) - 2022
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (CIF) - 2022
- Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia
- Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (FOB) - 2022
The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $11,530 per ton in 2022, approximately mirroring the previous year. Overall, the export price continues to indicate tangible growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 99% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($13,142 per ton), while the average price for exports to the Netherlands ($2,301 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 China (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (CIF) - 2022
The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $4,988 per ton in 2022, rising by 9.9% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses increased by +36.0% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 66%. The import price peaked at $5,084 per ton in 2018; however, from 2019 to 2022, 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 India ($17,405 per ton), while the price for the United States ($3,042 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia
In 2022, shipments abroad of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -9.1% to 6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 67%.
In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses reduced to $69M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 72% against the previous year.
| Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.4 | 21.7 | 34.3 | 30.0 | 42.4% |
| India | 20.0 | 36.9 | 33.3 | 28.8 | 12.9% |
| United States | 4.2 | 3.5 | N/A | 3.5 | -5.9% |
| Singapore | 4.0 | 4.4 | 2.8 | 2.8 | -11.2% |
| Indonesia | 0.5 | 0.6 | 1.6 | 1.4 | 40.9% |
| Netherlands | 0.1 | 0.2 | 1.7 | 1.0 | 115.4% |
| Germany | N/A | N/A | N/A | 0.5 | 0% |
| Others | 0.5 | 1.2 | 1.0 | 0.6 | 6.3% |
| Total | 39.8 | 68.4 | 74.6 | 68.7 | 20.0% |
Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Malaysia in 2022:
- China (2448.3 tons)
- India (2311.2 tons)
- Netherlands (447.1 tons)
- United States (264.2 tons)
- Singapore (227.6 tons)
- Indonesia (115.2 tons)
- Germany (89.4 tons)
Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia
In 2022, after two years of decline, there was significant growth in overseas purchases of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume increased by 11% to 7.4K tons. Overall, imports, however, showed a deep contraction.
In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $37M in 2022. In general, imports, however, saw a slight curtailment.
| Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.9 | 4.0 | 10.5 | 27.0 | 39.7% |
| India | 5.5 | 4.9 | 5.3 | 5.0 | -3.1% |
| United States | 20.1 | 19.8 | 12.9 | 2.6 | -49.4% |
| Others | 2.9 | 3.2 | 1.7 | 2.5 | -4.8% |
| Total | 38.4 | 31.9 | 30.4 | 37.0 | -1.2% |
Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Malaysia in 2022:
- China (6.1K tons)
- United States (0.8K tons)
- India (0.3K tons)
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