Malaysia: Ether Market 2024

Ether Market Size in Malaysia

The Malaysian ether market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption continues to indicate strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ether Production in Malaysia

In value terms, ether production surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Ether Exports

Exports from Malaysia

In 2022, approx. X tons of ethers were exported from Malaysia; falling by X% compared with the year before. In general, exports showed a mild contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, ether exports fell significantly to $X in 2022. Overall, exports showed a mild descent. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

Singapore (X tons), China (X tons) and India (X tons) were the main destinations of ether exports from Malaysia, with a combined X% share of total exports. Indonesia, Thailand, Cambodia, Mexico and Vietnam lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cambodia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), China ($X) and Thailand ($X) appeared to be the largest markets for ether exported from Malaysia worldwide, together accounting for X% of total exports. Indonesia, India, Cambodia, Vietnam and Mexico lagged somewhat behind, together accounting for a further X%.

Cambodia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ether export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to India ($X 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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ether Imports

Imports into Malaysia

In 2022, overseas purchases of ethers increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, ether imports skyrocketed to $X in 2022. In general, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Singapore (X tons) and Qatar (X tons) were the main suppliers of ether imports to Malaysia, together accounting for X% of total imports. Thailand, Indonesia, Saudi Arabia, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Singapore ($X) and Thailand ($X) appeared to be the largest ether suppliers to Malaysia, together accounting for X% of total imports. Qatar, Indonesia, Taiwan (Chinese), Saudi Arabia and India lagged somewhat behind, together accounting for a further X%.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average ether import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for Qatar ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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