Malaysia - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phenols and Other Oils and Oil Products in Malaysia - 2023
Contents:
- Price for Phenols and Other Oils and Oil Products in Malaysia (CIF) - 2022
- Price for Phenols and Other Oils and Oil Products in Malaysia (FOB) - 2023
- Imports of Phenols and Other Oils and Oil Products in Malaysia
- Exports of Phenols and Other Oils and Oil Products in Malaysia
Price for Phenols and Other Oils and Oil Products in Malaysia (CIF) - 2022
The average import price for phenols and other oils and oil products stood at $912 per ton in 2022, with an increase of 40% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 69%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,069 per ton), while the price for the United Arab Emirates ($609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phenols and Other Oils and Oil Products in Malaysia (FOB) - 2023
The average export price for phenols and other oils and oil products stood at $953 per ton in October 2023, with an increase of 2.7% against the previous month. Overall, the export price, however, showed a slight decline. The most prominent rate of growth was recorded in March 2023 an increase of 24% against the previous month. Over the period under review, the average export prices attained the maximum at $1,136 per ton in October 2022; however, from November 2022 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($1,169 per ton), while the average price for exports to India ($728 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phenols and Other Oils and Oil Products in Malaysia
Imports of phenols and other oils and oil products into Malaysia stood at 162K tons in 2022, increasing by 7.1% compared with 2021 figures. Over the period under review, total imports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of phenols and other oils and oil products skyrocketed to $147M in 2022. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 121%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Phenols and Other Oils and Oil Products in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 5.5 | 13.4 | 25.4 | 45.4 | 102.1% |
| Singapore | 2.3 | 3.9 | 21.8 | 34.9 | 147.6% |
| China | 0.2 | 0.2 | 0.4 | 23.2 | 387.7% |
| South Korea | 58.5 | 16.3 | 9.5 | 18.7 | -31.6% |
| United States | 1.1 | N/A | N/A | 10.9 | 114.8% |
| United Arab Emirates | N/A | N/A | N/A | 5.7 | 0% |
| Indonesia | 0.7 | 1.0 | 14.8 | 2.9 | 60.6% |
| Brunei Darussalam | N/A | N/A | 5.7 | 1.4 | -75.4% |
| Germany | 4.2 | 0.7 | 2.1 | 1.4 | -30.7% |
| Japan | 14.0 | 0.3 | 10.2 | 0.2 | -75.7% |
| India | 6.6 | 7.5 | 0.3 | 0.1 | -75.3% |
| Others | 0.6 | 1.2 | 8.0 | 2.5 | 60.9% |
| Total | 93.7 | 44.5 | 98.1 | 147 | 16.2% |
Top Suppliers of Phenols and Other Oils and Oil Products to Malaysia in 2022:
- Thailand (44.6K tons)
- Singapore (37.4K tons)
- China (26.2K tons)
- South Korea (20.6K tons)
- United States (14.8K tons)
- United Arab Emirates (9.4K tons)
- Indonesia (2.7K tons)
- Brunei Darussalam (2.0K tons)
- Germany (1.1K tons)
- Japan (0.2K tons)
- India (0.1K tons)
Exports of Phenols and Other Oils and Oil Products in Malaysia
In 2022, approx. 77K tons of phenols and other oils and oil products were exported from Malaysia; with a decrease of -19.1% compared with 2021. In general, exports showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year.
In value terms, exports of phenols and other oils and oil products soared to $79M in 2022. Overall, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 83%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Phenols and Other Oils and Oil Products in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.2 | 8.2 | 17.1 | 15.8 | 329.1% |
| Singapore | 4.3 | 1.8 | 0.3 | 11.4 | 38.4% |
| China | 55.4 | 16.2 | 24.4 | 10.4 | -42.7% |
| United Kingdom | N/A | N/A | 8.2 | 9.7 | 18.3% |
| Netherlands | N/A | N/A | N/A | 8.8 | 0% |
| Vietnam | 1.2 | 0.7 | 1.4 | 5.0 | 60.9% |
| Taiwan (Chinese) | 1.2 | 2.7 | 1.8 | 4.1 | 50.6% |
| India | 2.4 | 2.8 | 3.1 | 4.1 | 19.5% |
| Thailand | 0.9 | 0.9 | 2.4 | 3.5 | 57.3% |
| Others | 0.6 | 0.5 | 3.1 | 5.5 | 109.3% |
| Total | 66.3 | 33.7 | 61.8 | 78.5 | 5.8% |
Top Export Markets for Phenols and Other Oils and Oil Products from Malaysia in 2022:
- South Korea (13.9K tons)
- Singapore (11.2K tons)
- United Kingdom (10.4K tons)
- China (10.2K tons)
- Vietnam (7.2K tons)
- Netherlands (6.9K tons)
- India (4.6K tons)
- Taiwan (Chinese) (4.3K tons)
- Thailand (3.6K tons)
This report provides an in-depth analysis of the market for phenols and other oils and oil products 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 20147360 - Phenols
- Prodcom 20147390 - Other oils and oil products, n.e.c.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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