Report Update: May 1, 2024

Malaysia - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights

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Price for Industrial Monocarboxylic Fatty Acids in Malaysia - 2021

Price for Industrial Monocarboxylic Fatty Acids in Malaysia (FOB) - 2021

The average industrial monocarboxylic fatty acids export price stood at $1,270 per ton in December 2021, increasing by 2.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.0%. The pace of growth appeared the most rapid in January 2021 an increase of 13% month-to-month. The export price peaked in December 2021.

Average prices varied somewhat for the major export markets. In December 2021, the highest price was recorded for prices to the United States ($1,490 per ton) and Singapore ($1,405 per ton), while the average price for exports to Kenya ($1,074 per ton) and Sweden ($1,098 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Industrial Monocarboxylic Fatty Acids in Malaysia (CIF) - 2021

The average industrial monocarboxylic fatty acids import price stood at $1,264 per ton in December 2021, growing by 6.3% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in February 2021 when the average import price increased by 19% m-o-m. The import price peaked at $1,320 per ton in June 2021; afterwards, it flattened through to December 2021.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From December 2020 to December 2021, the rate of growth in terms of prices for Indonesia amounted to +2.6% per month.

Exports of Industrial Monocarboxylic Fatty Acids in Malaysia

Industrial monocarboxylic fatty acids exports from Malaysia was estimated at 1.7M tons in 2022, rising by 8.6% compared with the previous year's figure. Overall, exports, however, recorded a noticeable reduction.

In value terms, industrial monocarboxylic fatty acids exports rose sharply to $1.9B in 2022. In general, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Industrial Monocarboxylic Fatty Acids in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	87.0	98.1	193	377	63.0%
China	71.8	98.5	193	223	45.9%
South Korea	81.2	99.8	119	159	25.1%
Singapore	18.1	22.9	38.3	151	102.8%
India	100	90.6	154	150	14.5%
Italy	23.5	9.6	84.7	142	82.1%
Spain	29.0	29.0	50.7	91.0	46.4%
United States	144	100	118	90.9	-14.2%
Sweden	36.2	41.3	80.7	70.7	25.0%
Kenya	1.4	6.9	27.5	61.5	252.8%
Japan	32.6	22.7	43.7	61.1	23.3%
Australia	17.4	35.4	56.0	45.1	37.4%
Mozambique	N/A	0.3	N/A	19.7	710.3%
Others	471	358	599	260	-18.0%
Total	1,112	1,013	1,757	1,903	19.6%

Top Export Markets for Industrial Monocarboxylic Fatty Acids from Malaysia in 2022:

Netherlands (455.9K tons)
China (196.3K tons)
South Korea (148.0K tons)
Italy (130.4K tons)
Singapore (122.1K tons)
India (121.6K tons)
Spain (67.6K tons)
Sweden (61.4K tons)
United States (58.0K tons)
Kenya (52.5K tons)
Australia (40.4K tons)
Mozambique (38.8K tons)
Japan (36.6K tons)

Imports of Industrial Monocarboxylic Fatty Acids in Malaysia

Industrial monocarboxylic fatty acids imports into Malaysia fell to 531K tons in 2022, which is down by -6.8% against 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 569K tons, and then contracted in the following year.

In value terms, industrial monocarboxylic fatty acids imports soared to $981M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 85%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Industrial Monocarboxylic Fatty Acids in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	275	339	658	877	47.2%
India	2.6	1.1	4.1	60.8	186.0%
Thailand	5.8	8.3	5.5	7.9	10.8%
Singapore	2.2	0.8	4.5	6.9	46.4%
Philippines	N/A	0.4	0.1	5.9	284.1%
Others	22.6	22.4	15.6	23.1	0.7%
Total	308	372	688	981	47.1%

Top Suppliers of Industrial Monocarboxylic Fatty Acids to Malaysia in 2022:

Indonesia (435.9K tons)
India (48.6K tons)
Philippines (8.5K tons)
Thailand (8.5K tons)
Singapore (8.2K tons)

This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023