Malaysia - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Malaysia - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia - 2023

Contents:

  1. Price for Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia (FOB) - 2023
  2. Price for Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia (CIF) - 2023
  3. Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia
  4. Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia (FOB) - 2023

In October 2023, the average export price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,069 per ton, increasing by 2.1% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 13% month-to-month. Over the period under review, the average export prices hit record highs at $1,091 per ton in October 2022; afterwards, it flattened through to October 2023.

Average prices varied somewhat for the major export markets. In October 2023, the countries with the highest prices were China ($1,206 per ton) and the Philippines ($1,068 per ton), while the average price for exports to Indonesia ($961 per ton) and Bangladesh ($962 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia (CIF) - 2023

The average import price for polyethylene with a specific gravity of less than 0.94, in primary forms stood at $1,002 per ton in October 2023, rising by 4.2% against the previous month. Overall, the import price, however, saw a slight contraction. Over the period under review, average import prices hit record highs at $1,154 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($1,450 per ton), while the price for the United States ($826 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Thailand (-0.1%), while the prices for the other major suppliers experienced a decline.

Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia

In 2022, shipments abroad of polyethylene with a specific gravity of less than 0.94, in primary forms was finally on the rise to reach 627K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep downturn.

In value terms, exports of polyethylene with a specific gravity of less than 0.94, in primary forms totaled $805M in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year.

Export of Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China329204195201-15.1%
Indonesia1571261761886.2%
Thailand61.567.286.310720.3%
Vietnam97.888.493.987.8-3.5%
India13.420.154.369.372.9%
Philippines39.634.053.155.311.8%
Bangladesh15.312.723.926.620.2%
Taiwan (Chinese)19.819.129.226.19.6%
Japan15.510.59.116.31.7%
South Korea39.530.146.07.2-43.3%
Others34.322.537.120.6-15.6%
Total823635804805-0.7%

Top Export Markets for Polyethylene with A Specific Gravity of Less than 0.94 from Malaysia in 2022:

  1. China (161.6K tons)
  2. Indonesia (142.2K tons)
  3. Thailand (78.3K tons)
  4. India (70.4K tons)
  5. Vietnam (64.3K tons)
  6. Philippines (37.8K tons)
  7. Bangladesh (20.2K tons)
  8. Taiwan (Chinese) (19.5K tons)
  9. Japan (10.7K tons)
  10. South Korea (5.4K tons)

Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia

For the third year in a row, Malaysia recorded decline in supplies from abroad of polyethylene with a specific gravity of less than 0.94, in primary forms, which decreased by -10.4% to 407K tons in 2022. Over the period under review, imports saw a deep reduction. The smallest decline of -1.5% was in 2021.

In value terms, imports of polyethylene with a specific gravity of less than 0.94, in primary forms reduced slightly to $519M in 2022. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year.

Import of Polyethylene with A Specific Gravity of Less than 0.94 in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia421216233154-28.5%
United States48.576.964.698.126.5%
Singapore69.530.868.275.02.6%
Thailand38.130.750.049.79.3%
Qatar18.714.534.848.637.5%
China11.96.512.618.115.0%
Oman0.70.19.116.2185.0%
United Arab Emirates6.79.011.412.021.4%
Indonesia13.46.813.211.3-5.5%
Others51.843.144.636.1-11.3%
Total680434542519-8.6%

Top Suppliers of Polyethylene with A Specific Gravity of Less than 0.94 to Malaysia in 2022:

  1. Saudi Arabia (123.6K tons)
  2. United States (92.8K tons)
  3. Singapore (54.2K tons)
  4. Qatar (37.4K tons)
  5. Thailand (35.5K tons)
  6. Oman (13.3K tons)
  7. China (10.2K tons)
  8. Indonesia (7.9K tons)
  9. United Arab Emirates (7.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyethylene with a specific gravity of less than 0.94 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
  • Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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