Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia - 2024

Contents:

  1. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia (CIF) - 2022
  2. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia (FOB) - 2022
  3. Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia
  4. Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia (CIF) - 2022

In 2022, the average import price for vinyl chloride polymers; waste, parings and scraps amounted to $240 per ton, shrinking by -22.8% against the previous year. Overall, the import price, however, saw a modest increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 315%. As a result, import price reached the peak level of $353 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($533 per ton), while the price for the United States ($202 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia (FOB) - 2022

In 2022, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $202 per ton, waning by -14.2% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2018 an increase of 36% against the previous year. The export price peaked at $901 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($301 per ton), while the average price for exports to Vietnam ($190 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 Hong Kong SAR (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia

In 2022, supplies from abroad of vinyl chloride polymers; waste, parings and scraps increased by 131% to 3.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps skyrocketed to $819K in 2022. Over the period under review, imports, however, continue to indicate a slight downturn.

Import of Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.622411232792.8%
United KingdomN/AN/A61.8182194.5%
Japan6225.213856.0-55.2%
Hong Kong SARN/AN/AN/A52.20%
SingaporeN/AN/A57.450.3-12.4%
Taiwan (Chinese)N/AN/AN/A41.90%
Belgium51.650.631.836.3-11.1%
Spain86.4N/AN/A26.1-32.9%
GermanyN/A75.958.04.5-75.7%
Others50.1244N/A42.4-5.4%
Total856600460819-1.5%

Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to Malaysia in 2022:

  1. United States (1619.4 tons)
  2. United Kingdom (851.0 tons)
  3. Japan (201.8 tons)
  4. Hong Kong SAR (199.6 tons)
  5. Belgium (138.6 tons)
  6. Taiwan (Chinese) (137.8 tons)
  7. Singapore (94.5 tons)
  8. Spain (42.2 tons)
  9. Germany (18.7 tons)

Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia

Exports of vinyl chloride polymers; waste, parings and scraps from Malaysia rose rapidly to 966 tons in 2022, increasing by 6.4% on the previous year's figure. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vinyl chloride polymers; waste, parings and scraps shrank to $195K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.

Export of Vinyl Chloride Polymers; Waste, Parings and Scrap in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/A21.5124166177.9%
Bangladesh24685.733.824.3-53.8%
VietnamN/A5.1N/A5.10.0%
Thailand38.942.0N/AN/A8.0%
TogoN/A133N/AN/A0%
Brunei Darussalam79.615.11.3N/A-87.2%
Taiwan (Chinese)14.5N/A7.5N/A-28.1%
PakistanN/AN/A20.3N/A0%
OthersN/A13.327.1N/A103.8%
Total379316214195-19.9%

Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from Malaysia in 2022:

  1. Indonesia (858.7 tons)
  2. Bangladesh (80.6 tons)
  3. Vietnam (26.6 tons)

Source: IndexBox Market Intelligence Platform

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