Malaysia - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSilicone Price in Malaysia - 2021
Contents:
- Silicone Price in Malaysia (CIF) - 2021
- Silicone Price in Malaysia (FOB) - 2021
- Silicone Imports in Malaysia
- Silicone Exports in Malaysia
Silicone Price in Malaysia (CIF) - 2021
In December 2021, the average silicone import price amounted to $9,992 per ton, with a decrease of -14% against the previous month. Overall, import price indicated measured growth from December 2020 to December 2021: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, silicone import price decreased by -14.0% against November 2021 indices. The growth pace was the most rapid in April 2021 when the average import price increased by 42% m-o-m. Over the period under review, average import prices attained the maximum at $11,788 per ton in August 2021; however, from September 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($34,994 per ton), while the price for Thailand ($4,354 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 Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicone Price in Malaysia (FOB) - 2021
In December 2021, the average silicone export price amounted to $5,250 per ton, growing by 5.4% against the previous month. Over the period under review, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in January 2021 when the average export price increased by 93% against the previous month. The export price peaked in December 2021.
Prices varied noticeably by the country of destination: the country with the highest price was India ($9,686 per ton), while the average price for exports to Bangladesh ($981 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 the United States (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Silicone Imports in Malaysia
In 2022, the amount of silicones (in primary forms) imported into Malaysia dropped slightly to 23K tons, remaining stable against the year before. Overall, imports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year.
In value terms, silicone imports totaled $177M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 26%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Silicone in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.0 | 17.5 | 26.6 | 40.6 | 16.0% |
| Japan | 53.7 | 42.9 | 52.7 | 35.3 | -13.1% |
| Thailand | 10.5 | 8.3 | 14.1 | 18.6 | 21.0% |
| United States | 41.0 | 27.2 | 39.7 | 12.6 | -32.5% |
| Germany | 10.7 | 6.8 | 6.7 | 8.8 | -6.3% |
| South Korea | 5.5 | 2.4 | 4.5 | 5.9 | 2.4% |
| Taiwan (Chinese) | 9.1 | 3.5 | 4.0 | 5.7 | -14.4% |
| Vietnam | 3.6 | 2.6 | 1.0 | 2.5 | -11.4% |
| Netherlands | 2.5 | 2.2 | 2.2 | 1.5 | -15.7% |
| Others | 13.4 | 16.0 | 12.0 | 45.0 | 49.8% |
| Total | 176 | 129 | 163 | 177 | 0.2% |
Top Suppliers of Silicone to Malaysia in 2022:
- China (8.6K tons)
- Thailand (5.7K tons)
- Japan (2.2K tons)
- Germany (1.0K tons)
- Taiwan (Chinese) (0.7K tons)
- United States (0.7K tons)
- South Korea (0.7K tons)
- Vietnam (0.6K tons)
- Netherlands (0.5K tons)
Silicone Exports in Malaysia
In 2022, after three years of growth, there was decline in overseas shipments of silicones (in primary forms), when their volume decreased by -0.6% to 8.3K tons. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% 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 +66.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of 8.4K tons, leveling off in the following year.
In value terms, silicone exports reduced to $30M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.6% 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 +52.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. As a result, the exports reached the peak of $30M, and then contracted modestly in the following year.
| Export of Silicone in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 1.5 | 2.9 | 4.8 | 26.0% |
| Thailand | 3.6 | 3.1 | 4.1 | 3.2 | -3.9% |
| India | 1.6 | 1.5 | 2.5 | 1.9 | 5.9% |
| Netherlands | 1.1 | 0.2 | 1.1 | 1.6 | 13.3% |
| South Korea | 1.2 | 0.9 | 2.0 | 1.6 | 10.1% |
| Turkey | 1.1 | 1.0 | 0.7 | 1.3 | 5.7% |
| United States | 1.5 | 1.2 | 3.2 | 1.2 | -7.2% |
| Indonesia | 0.7 | 0.7 | 1.5 | 1.1 | 16.3% |
| Vietnam | 0.7 | 1.0 | 1.4 | 1.1 | 16.3% |
| South Africa | 0.4 | 0.3 | 0.5 | 1.0 | 35.7% |
| Singapore | 0.8 | 0.7 | 1.1 | 0.8 | 0.0% |
| Bangladesh | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Angola | N/A | 0.3 | 0.3 | 0.2 | -18.4% |
| Others | 9.6 | 6.8 | 8.9 | 9.3 | -1.1% |
| Total | 25.1 | 19.4 | 30.4 | 29.5 | 5.5% |
Top Export Markets for Silicone from Malaysia in 2022:
- China (2101.7 tons)
- Thailand (1314.3 tons)
- Vietnam (1218.7 tons)
- Turkey (347.4 tons)
- South Korea (338.9 tons)
- India (337.0 tons)
- Netherlands (334.6 tons)
- Singapore (320.7 tons)
- South Africa (270.9 tons)
- Indonesia (204.4 tons)
- United States (163.2 tons)
- Bangladesh (146.3 tons)
- Angola (144.2 tons)
This report provides an in-depth analysis of the silicone market 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 20165700 - Silicones, in primary forms
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
647
This report provides an in-depth analysis of the silicone market in Malaysia.
359
This report provides an in-depth analysis of the electric lamp market in Malaysia.
255
This report provides an in-depth analysis of the cellulose pulp machinery market in Malaysia.
358
This report provides an in-depth analysis of the sealed beam market in Malaysia.
3258
This report provides an in-depth analysis of the global silicone market.
1455
This report provides an in-depth analysis of the global electric lamp market.
458
This report provides an in-depth analysis of the global cellulose pulp machinery market.
575
This report provides an in-depth analysis of the global sealed beam market.
647
This report provides an in-depth analysis of the silicone market in Malaysia.
3258
This report provides an in-depth analysis of the global silicone market.
53
Discover the top countries driving the global import market for silicone. From China to the United States, learn about the key players in the silicone industry.
1601
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
1768
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
1279
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
747
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
1440
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y
53
Discover the top countries driving the global import market for silicone. From China to the United States, learn about the key players in the silicone industry.
1601
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
1768
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
