Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia
- Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; dimethyl terephthalates amounted to $1,494 per ton, growing by 47% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $1,721 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,728 per ton), while the price for South Korea amounted to $1,446 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; dimethyl terephthalates stood at $1,723 per ton in 2022, declining by -28.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 73%. As a result, the export price reached the peak level of $2,877 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.0% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia
In 2022, approx. 141 tons of acids; aromatic polycarboxylic acids; dimethyl terephthalates were imported into Malaysia; reducing by -32% on the previous year. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 18%.
In value terms, imports of acids; aromatic polycarboxylic acids; dimethyl terephthalates dropped modestly to $210K in 2022. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.6% against the previous year.
Import of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 267 | 136 | 159 | 169 | -14.1% |
India | 12.3 | 11.1 | 9.6 | 41.0 | 49.4% |
Japan | 60.9 | 48.4 | 31.3 | N/A | -28.3% |
China | 8.5 | 1.5 | 7.0 | N/A | -9.3% |
Others | 5.5 | 4.6 | 3.9 | N/A | -15.8% |
Total | 354 | 202 | 211 | 210 | -16.0% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate to Malaysia in 2022:
- South Korea (117.0 tons)
- India (23.7 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia
In 2022, shipments abroad of acids; aromatic polycarboxylic acids; dimethyl terephthalates decreased by -36.9% to 2.8 tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 248%. As a result, the exports attained the peak of 6.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of acids; aromatic polycarboxylic acids; dimethyl terephthalates shrank rapidly to $4.9K in 2022. In general, exports, however, continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 284% against the previous year. As a result, the exports reached the peak of $17K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | N/A | N/A | N/A | 4.9 | 0% |
Hong Kong SAR | 2.2 | 7.2 | N/A | N/A | 227.3% |
China | 2.2 | 9.4 | 10.7 | N/A | 120.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.3 | 16.6 | 10.7 | 4.9 | 4.5% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dimethyl Terephthalate from Malaysia in 2022:
- Thailand (2.8 tons)
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