Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia (FOB) - 2022
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia (CIF) - 2022
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia (FOB) - 2022
In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,217 per ton, remaining stable against the previous year. Overall, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,647 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,848 per ton), while the average price for exports to China ($1,019 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 Singapore (+2.2%), while the prices for the other major destinations experienced a decline.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia (CIF) - 2022
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,312 per ton in 2022, flattening at the previous year. In general, the import price saw a perceptible slump. The pace of growth appeared the most rapid in 2021 an increase of 27% against the previous year. The import price peaked at $1,826 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,732 per ton), while the price for Taiwan (Chinese) ($941 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia
For the third year in a row, Malaysia recorded decline in shipments abroad of polymers of propylene or of other olefins, in primary formses, which decreased by -14.4% to 670K tons in 2022. In general, exports showed a abrupt descent. The smallest decline of -3.1% was in 2020.
In value terms, exports of polymers of propylene or of other olefins, in primary formses dropped remarkably to $815M in 2022. Over the period under review, exports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports attained the peak of $960M, and then shrank notably in the following year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 225 | 171 | 238 | 226 | 0.1% |
| China | 323 | 331 | 219 | 201 | -14.6% |
| Vietnam | 119 | 96.8 | 120 | 80.3 | -12.3% |
| Singapore | 59.3 | 48.5 | 72.9 | 77.2 | 9.2% |
| India | 28.0 | 32.5 | 40.3 | 46.2 | 18.2% |
| Philippines | 40.2 | 36.6 | 64.3 | 39.1 | -0.9% |
| Thailand | 23.5 | 27.5 | 40.4 | 34.2 | 13.3% |
| Myanmar | 4.1 | 3.5 | 3.2 | 19.1 | 67.0% |
| Australia | 12.3 | 18.9 | 28.6 | 16.4 | 10.1% |
| Bangladesh | 11.4 | 15.1 | 36.0 | 14.6 | 8.6% |
| Pakistan | 10.9 | 10.9 | 21.9 | 13.7 | 7.9% |
| Hong Kong SAR | 36.6 | 30.5 | 14.4 | 8.0 | -39.8% |
| Others | 34.6 | 42.8 | 61.1 | 39.8 | 4.8% |
| Total | 928 | 866 | 960 | 815 | -4.2% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Malaysia in 2022:
- China (197.0K tons)
- Indonesia (189.5K tons)
- Vietnam (69.9K tons)
- Singapore (41.8K tons)
- Philippines (31.0K tons)
- India (27.4K tons)
- Thailand (26.3K tons)
- Myanmar (16.0K tons)
- Australia (15.2K tons)
- Bangladesh (11.5K tons)
- Pakistan (10.1K tons)
- Hong Kong SAR (7.6K tons)
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia
In 2022, purchases abroad of polymers of propylene or of other olefins, in primary formses decreased by -14.1% to 545K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 5.1% against the previous year. As a result, imports attained the peak of 771K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of polymers of propylene or of other olefins, in primary formses dropped to $715M in 2022. Over the period under review, imports showed a perceptible setback. The pace of growth was the most pronounced in 2021 when imports increased by 4.2% against the previous year. As a result, imports attained the peak of $832M, and then declined in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 421 | 343 | 325 | 258 | -15.1% |
| Singapore | 136 | 137 | 189 | 148 | 2.9% |
| United Arab Emirates | 38.0 | 97.3 | 83.1 | 80.1 | 28.2% |
| Thailand | 35.6 | 30.2 | 47.3 | 46.2 | 9.1% |
| China | 19.2 | 24.5 | 40.2 | 43.7 | 31.5% |
| United States | 33.3 | 56.8 | 40.9 | 41.7 | 7.8% |
| South Korea | 22.1 | 16.1 | 24.6 | 25.3 | 4.6% |
| Japan | 23.2 | 21.5 | 21.2 | 20.4 | -4.2% |
| Taiwan (Chinese) | 8.3 | 8.9 | 9.3 | 9.7 | 5.3% |
| Others | 72.4 | 63.2 | 52.1 | 41.6 | -16.9% |
| Total | 810 | 799 | 832 | 715 | -4.1% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Malaysia in 2022:
- Saudi Arabia (213.7K tons)
- Singapore (102.0K tons)
- United Arab Emirates (73.6K tons)
- Thailand (33.0K tons)
- China (24.0K tons)
- Japan (20.0K tons)
- United States (15.3K tons)
- South Korea (14.7K tons)
- Taiwan (Chinese) (10.3K tons)
421
This report provides an in-depth analysis of the market for polypropylene in primary forms in Malaysia.
30
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Malaysia.
932
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
421
This report provides an in-depth analysis of the market for polypropylene in primary forms in Malaysia.
30
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Malaysia.
932
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
267
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
671
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
115
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
267
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
671
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
115
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
