Malaysia - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene Glycol and Polyether in Malaysia - 2021
Contents:
- Price for Polyethylene Glycol and Polyether in Malaysia (CIF) - 2021
- Price for Polyethylene Glycol and Polyether in Malaysia (FOB) - 2021
- Imports of Polyethylene Glycol and Polyether in Malaysia
- Exports of Polyethylene Glycol and Polyether in Malaysia
Price for Polyethylene Glycol and Polyether in Malaysia (CIF) - 2021
The average polyethylene glycol and polyether import price stood at $2,545 per ton in December 2021, rising by 2.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 7.6% m-o-m. Over the period under review, average import prices attained the peak figure at $2,849 per ton in July 2021; however, from August 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Taiwan (Chinese) ($4,723 per ton), while the price for Thailand ($2,205 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyethylene Glycol and Polyether in Malaysia (FOB) - 2021
In December 2021, the average polyethylene glycol and polyether export price amounted to $1,829 per ton, growing by 8.8% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2021 an increase of 21% m-o-m. The export price peaked at $2,182 per ton in October 2021; however, from November 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Belgium ($3,620 per ton), while the average price for exports to Indonesia ($1,427 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyethylene Glycol and Polyether in Malaysia
In 2022, polyethylene glycol and polyether imports into Malaysia expanded significantly to 77K tons, increasing by 7.3% against 2021 figures. Over the period under review, imports, however, recorded a slight slump.
In value terms, polyethylene glycol and polyether imports dropped to $167M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, imports attained the peak of $187M, and then shrank in the following year.
Import of Polyethylene Glycol and Polyether in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 43.8 | 45.0 | 43.4 | 37.9 | -4.7% |
Singapore | 31.9 | 31.8 | 39.3 | 34.2 | 2.3% |
Thailand | 11.2 | 17.0 | 33.7 | 29.3 | 37.8% |
Taiwan (Chinese) | 7.1 | 5.8 | 15.7 | 13.7 | 24.5% |
South Korea | 9.8 | 9.7 | 13.3 | 11.6 | 5.8% |
Japan | 8.3 | 7.5 | 10.9 | 9.5 | 4.6% |
Saudi Arabia | 9.0 | 8.7 | 9.5 | 8.3 | -2.7% |
United States | 8.2 | 4.9 | 5.0 | 5.2 | -14.1% |
Others | 14.9 | 17.0 | 16.4 | 17.7 | 5.9% |
Total | 144 | 147 | 187 | 167 | 5.1% |
Top Suppliers of Polyethylene Glycol and Polyether to Malaysia in 2022:
- China (18.1K tons)
- Singapore (16.8K tons)
- Thailand (13.8K tons)
- South Korea (5.9K tons)
- Saudi Arabia (5.0K tons)
- Taiwan (Chinese) (3.4K tons)
- Japan (2.5K tons)
- United States (1.4K tons)
Exports of Polyethylene Glycol and Polyether in Malaysia
After three years of growth, shipments abroad of polyethylene glycols and polyethers in primary forms decreased by -13.3% to 38K tons in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% 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 +27.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports reached the peak of 44K tons, and then shrank in the following year.
In value terms, polyethylene glycol and polyether exports shrank markedly to $66M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 57%. As a result, the exports reached the peak of $81M, and then fell sharply in the following year.
Export of Polyethylene Glycol and Polyether in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.2 | 23.3 | 34.7 | 28.0 | 15.4% |
Japan | 10.6 | 7.2 | 6.3 | 6.4 | -15.5% |
Belgium | 1.9 | 3.9 | 7.2 | 5.8 | 45.1% |
India | 3.7 | 3.8 | 5.6 | 4.5 | 6.7% |
Philippines | 1.4 | 0.9 | 5.4 | 4.3 | 45.4% |
Vietnam | 2.3 | 1.4 | 3.8 | 3.1 | 10.5% |
South Korea | 2.2 | 2.5 | 3.7 | 3.0 | 10.9% |
Indonesia | 1.6 | 1.4 | 3.1 | 2.5 | 16.0% |
Singapore | 1.5 | 1.3 | 2.6 | 2.1 | 11.9% |
Thailand | 1.8 | 1.9 | 2.0 | 1.6 | -3.9% |
Taiwan (Chinese) | 0.5 | 0.7 | 1.0 | 0.8 | 17.0% |
Others | 1.9 | 3.0 | 5.1 | 3.8 | 26.0% |
Total | 47.7 | 51.4 | 80.5 | 65.9 | 11.4% |
Top Export Markets for Polyethylene Glycol and Polyether from Malaysia in 2022:
- China (20.1K tons)
- India (3.1K tons)
- Japan (3.0K tons)
- Indonesia (1.8K tons)
- Vietnam (1.7K tons)
- Belgium (1.7K tons)
- Philippines (1.6K tons)
- South Korea (1.2K tons)
- Thailand (1.0K tons)
- Singapore (0.8K tons)
- Taiwan (Chinese) (0.5K tons)
This report provides an in-depth analysis of the market for polyethylene glycol and polyether 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 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
- Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether alcohols)
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
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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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