Malaysia: Polycarbonate Market 2024

Polycarbonate Market Size in Malaysia

In 2022, after two years of growth, there was decline in the Malaysian polycarbonate market, when its value decreased by X% to $X. In general, the total consumption indicated pronounced 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Polycarbonate Production in Malaysia

In value terms, polycarbonate production reduced sharply to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Polycarbonate production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Polycarbonate Exports

Exports from Malaysia

Polycarbonate exports from Malaysia reached X tons in 2022, surging by X% compared with the year before. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, polycarbonate exports skyrocketed to $X in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for polycarbonate exports from Malaysia, with a X% share of total exports. Moreover, polycarbonate exports to China exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), eightfold. The third position in this ranking was taken by the Philippines (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and the Philippines (X% per year).

In value terms, China ($X) remains the key foreign market for polycarbonates (in primary forms) exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Singapore (X% per year).

Export Prices by Country

The average polycarbonate export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, saw a slight contraction. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

Polycarbonate Imports

Imports into Malaysia

In 2022, the amount of polycarbonates (in primary forms) imported into Malaysia was estimated at X tons, surging by X% against the previous year's figure. Overall, imports recorded prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, polycarbonate imports stood at $X in 2022. In general, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), Thailand (X tons) and the United States (X tons) were the main suppliers of polycarbonate imports to Malaysia, together accounting for X% of total imports. Saudi Arabia, Japan, Singapore, South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for 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 ($X), Thailand ($X) and Singapore ($X) were the largest polycarbonate suppliers to Malaysia, together accounting for X% of total imports. Saudi Arabia, South Korea, the United States, Japan and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 polycarbonate import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 Singapore ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform