Malaysia: Market for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives 2024

Market Size for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Malaysia

In 2022, after three years of growth, there was significant decline in the Malaysian market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives, when its value decreased by X% to $X. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Production of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Malaysia

In value terms, production of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Exports from Malaysia

In 2022, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Malaysia soared to X tons, increasing by X% on 2021. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $X in 2022. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Malaysia, with a X% share of total exports. Moreover, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives to Singapore exceeded the volume sent to the second major destination, Myanmar (X tons), twofold.

From 2013 to 2022, the average annual growth rate of volume to Singapore amounted to X%.

In value terms, Singapore ($X) emerged as the key foreign market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by Myanmar ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Singapore amounted to X%.

Export Prices by Country

The average export price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell notably in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Myanmar stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Imports into Malaysia

Imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives into Malaysia shrank remarkably to X tons in 2022, reducing by X% compared with the previous year. Overall, imports, however, showed a modest expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports of attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives dropped sharply to $X in 2022. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives to Malaysia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), Belgium ($X) and Hong Kong SAR ($X) appeared to be the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives suppliers to Malaysia, with a combined X% share of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform