Price for Cellulose Acetates; Plasticised, in Primary Forms in Malaysia - 2024

Contents:

  1. Price for Cellulose Acetates; Plasticised, in Primary Forms in Malaysia (CIF) - 2022
  2. Price for Cellulose Acetates; Plasticised, in Primary Forms in Malaysia (FOB) - 2022
  3. Imports of Cellulose Acetates; Plasticised, in Primary Forms in Malaysia
  4. Exports of Cellulose Acetates; Plasticised, in Primary Forms in Malaysia

Price for Cellulose Acetates; Plasticised, in Primary Forms in Malaysia (CIF) - 2022

The average import price for cellulose acetates; plasticised, in primary formses stood at $2,236 per ton in 2022, declining by -24.5% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49%. As a result, import price attained the peak level of $9,854 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,496 per ton), while the price for China stood at $2,212 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Cellulose Acetates; Plasticised, in Primary Forms in Malaysia (FOB) - 2022

In 2022, the average export price for cellulose acetates; plasticised, in primary formses amounted to $12,006 per ton, which is down by -10.7% against the previous year. In general, the export price, however, showed a strong expansion. The growth pace was the most rapid in 2019 when the average export price increased by 202%. Over the period under review, the average export prices hit record highs at $16,550 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($17,577 per ton), while the average price for exports to the United States ($4,950 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 Indonesia (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Acetates; Plasticised, in Primary Forms in Malaysia

In 2022, the amount of cellulose acetates; plasticised, in primary formses imported into Malaysia skyrocketed to 383 tons, picking up by 60% compared with 2021. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose acetates; plasticised, in primary formses surged to $857K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.5% 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 +102.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Cellulose Acetates; Plasticised, in Primary Forms in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26543364984046.9%
Singapore64.899.832.7N/A-29.0%
South Korea48.9N/AN/AN/A0%
Others44.693.529.617.3-27.1%
Total42362771185726.5%

Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Malaysia in 2022:

  1. China (379.5 tons)

Exports of Cellulose Acetates; Plasticised, in Primary Forms in Malaysia

Exports of cellulose acetates; plasticised, in primary formses from Malaysia surged to 27 tons in 2022, jumping by 48% against the previous year's figure. Over the period under review, exports, however, recorded a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 61%.

In value terms, exports of cellulose acetates; plasticised, in primary formses skyrocketed to $321K in 2022. Overall, exports, however, saw a mild curtailment.

Export of Cellulose Acetates; Plasticised, in Primary Forms in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia279157177218-7.9%
SingaporeN/A13.636.784.4149.1%
Japan13.18.912.817.09.1%
United States19.7N/AN/A2.4-50.4%
South Korea4.6N/AN/AN/A0%
China22.2N/A5.8N/A-48.9%
MaldivesN/A5.8N/AN/A0%
OthersN/AN/A11.1N/A0%
Total338185243321-1.7%

Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Malaysia in 2022:

  1. Singapore (12.6 tons)
  2. Indonesia (12.4 tons)
  3. Japan (1.3 tons)
  4. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cellulose acetates; plasticised, in primary forms - Malaysia