Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia - 2024

Contents:

1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia (CIF) - 2024
2. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia (FOB) - 2022
3. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia
4. Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia (CIF) - 2024

The average import price for imides and their derivatives; other kinds, excluding saccharins stood at $6,409 per ton in January 2024, reducing by -10.7% against the previous month. In general, the import price showed a slight downturn. The pace of growth was the most pronounced in July 2023 when the average import price increased by 243% against the previous month. The import price peaked at $8,946 per ton in March 2023; however, from April 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($12,525 per ton), while the price for China ($6,008 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 the United States (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia (FOB) - 2022

In 2022, the average export price for imides and their derivatives; other kinds, excluding saccharins amounted to $19,934 per ton, picking up by 56% against the previous year. In general, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 92% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($67,340 per ton), while the average price for exports to Japan ($11,668 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 Saudi Arabia (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia

In 2022, imports of imides and their derivatives; other kinds, excluding saccharins into Malaysia reduced to 512 tons, falling by -7.2% against the previous year. Overall, imports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2021 when imports increased by 114% against the previous year. As a result, imports reached the peak of 552 tons, and then shrank in the following year.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins rose sharply to $4.2M in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 110%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Malaysia in 2022:

1. China (335.1 tons)
2. India (141.9 tons)
3. United States (33.3 tons)

Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Malaysia

In 2022, after three years of growth, there was significant decline in shipments abroad of imides and their derivatives; other kinds, excluding saccharins, when their volume decreased by -8.7% to 4.6 tons. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 571% against the previous year.

In value terms, exports of imides and their derivatives; other kinds, excluding saccharins soared to $91K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,185% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Imides and Their Derivatives; Other Kinds, Excluding Saccharin from Malaysia in 2022:

1. Japan (2.0 tons)
2. Singapore (1.8 tons)
3. China (0.5 tons)
4. Bangladesh (0.3 tons)

Source: IndexBox Market Intelligence Platform