Malaysia: Petroleum Market 2020

Petroleum Market Size in Malaysia

The revenue of the petroleum market in Malaysia amounted to $X in 2017, increasing by X% against the previous year. Overall, petroleum consumption continues to indicate a measured deduction. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Malaysia petroleum consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Petroleum Production in Malaysia

In 2017, production of petroleum in Malaysia stood at X tonnes, dropping by -X% against the previous year. In general, petroleum production continues to indicate a mild descent. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. Malaysia petroleum production peaked of X tonnes in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Petroleum Exports from Malaysia

In 2017, exports of petroleum from Malaysia stood at X tonnes, jumping by X% against the previous year. In general, petroleum exports continue to indicate a remarkable growth. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. Malaysia exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, petroleum exports stood at $X in 2017. Overall, petroleum exports continue to indicate a prominent expansion. Malaysia exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Petroleum Exports by Country from Malaysia

In 2017, the U.S. (X tonnes), followed by Russia (X tonnes), Singapore (X tonnes), the Netherlands (X tonnes), South Korea (X tonnes) and India (X tonnes) represented the main exporters of petroleum, together comprising X% of total exports. China (X tonnes), Belgium (X tonnes), Saudi Arabia (X tonnes), the United Arab Emirates (X tonnes), Canada (X tonnes) and Malaysia (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Russia ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

The U.S. (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Export Prices by Country in Malaysia

In 2017, the petroleum export price in Malaysia amounted to $X per tonne, surging by X% against the previous year. In general, petroleum export price continues to indicate a mild downturn. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. In that year, the export prices for petroleum reached their peak level of $X per tonne. From 2012 to 2017, growth of the export prices for petroleum stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the United Arab Emirates ($X per tonne), while the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Petroleum Imports into Malaysia

Petroleum imports into Malaysia totaled X tonnes in 2017, increasing by X% against the previous year. In general, petroleum imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. Malaysia imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, petroleum imports stood at $X in 2017. Overall, petroleum imports continue to indicate a prominent expansion. Malaysia imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Petroleum Imports by Country into Malaysia

In 2017, the U.S. (X tonnes) and Singapore (X tonnes) represented the major importers of petroleum in the globe, together reaching near X% of total imports. It was followed by the Netherlands (X tonnes), making up X% share of total imports. The following importers - Mexico (X tonnes), Belgium (X tonnes), Germany (X tonnes), Malaysia (X tonnes), France (X tonnes), China (X tonnes), the UK (X tonnes), Indonesia (X tonnes) and Canada (X tonnes) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest petroleum markets worldwide were the U.S. ($X), Singapore ($X) and the Netherlands ($X), together comprising X% of total imports. Mexico, Germany, Belgium, France, the UK, Malaysia, Indonesia, China and Canada lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Malaysia (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Import Prices by Country in Malaysia

The petroleum import price in Malaysia stood at $X per tonne in 2017, coming up by X% against the previous year. Overall, petroleum import price continues to indicate a measured deduction. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. Malaysia import price peaked of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the UK ($X per tonne) and Germany ($X per tonne), while China ($X per tonne) and Canada ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform