Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia - 2024
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia (CIF) - 2022
The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,119 per ton in 2022, picking up by 40% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 43%. The import price peaked at $1,170 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,288 per ton), while the price for China ($1,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia (FOB) - 2022
The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $682 per ton in 2022, increasing by 1.9% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2018 when the average export price increased by 108%. As a result, the export price reached the peak level of $2,149 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($974 per ton), while the average price for exports to Vietnam ($519 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 Thailand (+2.6%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia
In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses imported into Malaysia amounted to 12K tons, increasing by 14% on the year before. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses soared to $14M in 2022. In general, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 2.9 | 5.8 | 9.6 | 40.0% |
| India | 2.0 | 1.7 | 1.3 | 2.1 | 1.6% |
| Spain | 1.5 | 1.4 | 1.1 | 0.8 | -18.9% |
| Others | 1.5 | 0.3 | 0.3 | 1.1 | -9.8% |
| Total | 8.5 | 6.2 | 8.5 | 13.6 | 17.0% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Malaysia in 2022:
- China (9.4K tons)
- India (2.0K tons)
- Spain (0.6K tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia
Exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses from Malaysia surged to 80 tons in 2022, increasing by 18% compared with the year before. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses skyrocketed to $54K in 2022. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 110%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.1 | 12.2 | 9.6 | 22.1 | 25.8% |
| Thailand | 16.6 | N/A | N/A | 21.5 | 9.0% |
| Vietnam | 4.6 | 9.2 | 8.2 | 10.7 | 32.5% |
| Singapore | N/A | N/A | 27.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.3 | 21.4 | 45.1 | 54.3 | 18.9% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Malaysia in 2022:
- United States (37.0 tons)
- Thailand (22.0 tons)
- Vietnam (20.7 tons)
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