Malaysia: Compound Plasticisers Market 2022

Compound Plasticisers Market Size in Malaysia

The Malaysian compound plasticisers market surged to $X in 2021, jumping by X% against the previous year. In general, consumption saw a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Compound Plasticisers Production in Malaysia

In value terms, compound plasticisers production expanded rapidly to $X in 2021 estimated in export price. Overall, the total production indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Compound Plasticisers Exports

Exports from Malaysia

In 2021, shipments abroad of compound plasticisers for rubber or plastics decreased by -X% to X tons, falling for the third year in a row after three years of growth. In general, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, compound plasticisers exports shrank dramatically to $X in 2021. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons), Vietnam (X tons) and Thailand (X tons) were the main destinations of compound plasticisers exports from Malaysia, with a combined X% share of total exports. These countries were followed by China, Indonesia, Nigeria and India, which together accounted for a further X 2012 to 2021, the biggest increases were in Nigeria (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for compound plasticisers exported from Malaysia were Bangladesh ($X), Vietnam ($X) and China ($X), together comprising X% of total exports. These countries were followed by Thailand, Nigeria, Indonesia and India, which together accounted for a further X terms of the main countries of destination, Nigeria, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average compound plasticisers export price amounted to $X per ton, with a decrease of -X% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Compound Plasticisers Imports

Imports into Malaysia

In 2021, supplies from abroad of compound plasticisers for rubber or plastics increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, compound plasticisers imports surged to $X in 2021. Over the period under review, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Thailand (X tons) was the main compound plasticisers supplier to Malaysia, accounting for a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (+X% per year).

In value terms, Thailand ($X) constituted the largest supplier of compound plasticisers to Malaysia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average compound plasticisers import price stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the import price faced a abrupt setback. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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