Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia - 2024
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia (CIF) - 2022
In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $9,005 per ton, which is down by -6.7% against the previous year. In general, the import price recorded a mild shrinkage. The growth pace was the most rapid in 2017 an increase of 111% against the previous year. The import price peaked at $10,790 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 Japan ($48,632 per ton), while the price for Thailand ($746 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $7,545 per ton in 2022, jumping by 16% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 45%. Over the period under review, the average export prices attained the maximum at $9,405 per ton in 2020; however, from 2021 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 Thailand ($31,355 per ton), while the average price for exports to Mauritius ($1,427 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 (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia
Imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Malaysia shrank to 77 tons in 2022, waning by -8.7% against 2021. Over the period under review, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol dropped to $696K in 2022. In general, imports showed a significant contraction. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 292 | 73.9 | 92.2 | 224 | -8.5% |
| Japan | 142 | 203 | 295 | 111 | -7.9% |
| China | 479 | 60.9 | 92.8 | 86.5 | -43.5% |
| Singapore | 169 | 67.0 | 42.6 | 79.2 | -22.3% |
| Germany | 74.0 | 56.5 | 73.8 | 68.6 | -2.5% |
| South Korea | 56.2 | 29.8 | 31.2 | 27.8 | -20.9% |
| Spain | 45.4 | 27.1 | 29.2 | 24.9 | -18.1% |
| Netherlands | 50.7 | 3.2 | 15.5 | 23.1 | -23.1% |
| Thailand | 6.2 | 3.8 | 4.1 | 3.9 | -14.3% |
| Others | 153 | 49.2 | 141 | 47.4 | -32.3% |
| Total | 1,468 | 574 | 817 | 696 | -22.0% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Malaysia in 2022:
- Germany (16.5 tons)
- India (15.4 tons)
- China (9.6 tons)
- Singapore (8.0 tons)
- Spain (6.1 tons)
- South Korea (5.6 tons)
- Thailand (5.2 tons)
- Netherlands (3.9 tons)
- Japan (2.3 tons)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia
Exports of alcohols; aromatic and derivatives, other than benzyl alcohol from Malaysia shrank notably to 11 tons in 2022, waning by -42.5% against the year before. In general, exports, however, recorded strong growth. The growth pace was the most rapid in 2021 when exports increased by 336% against the previous year. As a result, the exports attained the peak of 19 tons, and then shrank markedly in the following year.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol fell dramatically to $83K in 2022. Overall, exports, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 202%. As a result, the exports attained the peak of $124K, and then shrank significantly in the following year.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 47.5 | 13.7 | 52.0 | 46.0 | -1.1% |
| Nepal | 12.7 | 2.2 | 22.5 | 19.9 | 16.1% |
| India | 1.6 | 0.6 | 9.2 | 8.1 | 71.7% |
| Mauritius | 5.5 | 1.0 | 4.1 | 3.9 | -10.8% |
| Indonesia | 2.5 | 0.4 | 1.7 | 1.5 | -15.7% |
| Singapore | 1.3 | 3.4 | 19.1 | 0.3 | -38.7% |
| United States | N/A | 14.6 | 13.0 | N/A | -11.0% |
| Others | 3.8 | 5.3 | 2.9 | 3.2 | -5.6% |
| Total | 75.0 | 41.2 | 124 | 82.8 | 3.4% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Malaysia in 2022:
- Myanmar (4.8 tons)
- Mauritius (2.7 tons)
- Nepal (2.0 tons)
- India (1.0 tons)
- Indonesia (0.2 tons)
- Singapore (0.1 tons)
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This report provides an in-depth analysis of the aromatic alcohols market in Malaysia.
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This report provides an in-depth analysis of the aromatic alcohols market in Malaysia.
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