Phenols; Phenol-Alcohols Price in Malaysia - 2021
Contents:
- Phenols; Phenol-Alcohols Price in Malaysia (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Malaysia (FOB) - 2021
- Phenols; Phenol-Alcohols Imports in Malaysia
- Phenols; Phenol-Alcohols Exports in Malaysia
Phenols; Phenol-Alcohols Price in Malaysia (CIF) - 2022
The average phenols; phenol-alcohols import price stood at $1,490 per ton in 2022, declining by -4.5% against the previous year. Over the period under review, the import price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 43%. Over the period under review, average import prices hit record highs at $2,054 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,849 per ton), while the price for South Korea ($1,074 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Malaysia (FOB) - 2021
The average phenols; phenol-alcohols export price stood at $2,743 per ton in December 2021, dropping by -66.1% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2021 when the average export price increased by 267% against the previous month. As a result, the export price reached the peak level of $8,093 per ton, and then fell notably in the following month.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Indonesia ($10,459 per ton), while the average price for exports to Vietnam ($1,463 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Malaysia
In 2022, approx. 34K tons of phenols; phenol-alcoholses were imported into Malaysia; with a decrease of -13.3% against 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 27%. As a result, imports attained the peak of 40K tons, and then shrank in the following year.
In value terms, phenols; phenol-alcohols imports fell dramatically to $51M in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of $62M, and then reduced sharply in the following year.
| Import of Phenols; Phenol-Alcohols in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 23.7 | 14.7 | 30.6 | 24.4 | 1.0% |
| China | 5.4 | 5.2 | 11.1 | 8.9 | 18.1% |
| Taiwan (Chinese) | 5.5 | 5.0 | 6.7 | 5.4 | -0.6% |
| Japan | 3.1 | 2.9 | 3.2 | 2.6 | -5.7% |
| Germany | 3.1 | 3.9 | 2.9 | 2.6 | -5.7% |
| India | 1.5 | 3.0 | 3.1 | 2.5 | 18.6% |
| South Korea | 2.2 | 1.3 | 1.0 | 1.2 | -18.3% |
| Thailand | 2.7 | 0.2 | N/A | 0.8 | -33.3% |
| Others | 4.1 | 4.4 | 3.2 | 3.0 | -9.9% |
| Total | 51.3 | 40.6 | 61.9 | 51.2 | -0.1% |
Top Suppliers of Phenols; Phenol-Alcohols to Malaysia in 2022:
- Singapore (21.3K tons)
- China (4.7K tons)
- Taiwan (Chinese) (3.0K tons)
- India (1.1K tons)
- South Korea (1.1K tons)
- Japan (0.6K tons)
- Thailand (0.6K tons)
- Germany (0.5K tons)
Phenols; Phenol-Alcohols Exports in Malaysia
In 2022, phenols; phenol-alcohols exports from Malaysia declined rapidly to 984 tons, waning by -19.8% compared with the previous year. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, the exports attained the peak of 1.2K tons, and then declined rapidly in the following year.
In value terms, phenols; phenol-alcohols exports fell dramatically to $2.4M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of $3M, and then declined dramatically in the following year.
| Export of Phenols; Phenol-Alcohols in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 386 | 327 | 854 | 713 | 22.7% |
| Indonesia | 414 | 523 | 741 | 618 | 14.3% |
| Vietnam | 246 | 230 | 531 | 443 | 21.7% |
| South Korea | 496 | 449 | 430 | 377 | -8.7% |
| Sri Lanka | 30.8 | 64.2 | 101 | 84.2 | 39.8% |
| Singapore | 163 | 36.3 | 84.7 | 77.9 | -21.8% |
| Others | 712 | 187 | 219 | 74.6 | -52.9% |
| Total | 2,447 | 1,815 | 2,961 | 2,388 | -0.8% |
Top Export Markets for Phenols; Phenol-Alcohols from Malaysia in 2022:
- Vietnam (348.0 tons)
- Indonesia (228.3 tons)
- South Korea (204.9 tons)
- Thailand (116.6 tons)
- Singapore (41.5 tons)
- Sri Lanka (27.2 tons)
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