Malaysia: Ketone And Quinone Market 2024

Ketone And Quinone Market Size in Malaysia

In 2022, the Malaysian ketone and quinone market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Ketone And Quinone Exports

Exports from Malaysia

In 2022, exports of ketones and quinones from Malaysia skyrocketed to X tons, picking up by X% compared with the year before. Overall, exports continue to indicate a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ketone and quinone exports skyrocketed to $X in 2022. Over the period under review, exports saw a notable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tons) was the main destination for ketone and quinone exports from Malaysia, with a X% share of total exports. Moreover, ketone and quinone exports to Singapore exceeded the volume sent to the second major destination, the Philippines (X tons), more than tenfold. The third position in this ranking was taken by New Zealand (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and New Zealand (X% per year).

In value terms, Singapore ($X) remains the key foreign market for ketones and quinones exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (X% per year) and Vietnam (X% per year).

Export Prices by Country

The average ketone and quinone export price stood at $X per ton in 2022, declining by X% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ketone and quinone export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while the average price for exports to the Philippines ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Ketone And Quinone Imports

Imports into Malaysia

In 2022, purchases abroad of ketones and quinones increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, ketone and quinone imports shrank slightly to $X in 2022. Over the period under review, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted modestly in the following year.

Imports by Country

Japan (X tons), Singapore (X tons) and South Africa (X tons) were the main suppliers of ketone and quinone imports to Malaysia, with a combined X% share of total imports. China, Taiwan (Chinese) and South Korea 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 China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Singapore ($X) were the largest ketone and quinone suppliers to Malaysia, together accounting for X% of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 ketone and quinone import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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