Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia (CIF) - 2022
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia (CIF) - 2022
In 2022, the average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes amounted to $15,368 per ton, declining by -21.9% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 160% against the previous year. The import price peaked at $19,688 per ton in 2021, and then shrank dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($22,274 per ton), while the price for Singapore ($3,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $2,822 per ton in 2022, falling by -39.9% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 an increase of 8% against the previous year. Over the period under review, the average export prices reached the maximum at $7,286 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($5,363 per ton), while the average price for exports to Vietnam ($2,441 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 Singapore (-2.1%), while the prices for the other major destinations experienced a decline.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia
For the fourth year in a row, Malaysia recorded growth in supplies from abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes, which increased by 335% to 372 tons in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes skyrocketed to $5.7M in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 281% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 86.5 | 995 | 1,123 | 4,739 | 279.8% |
Saudi Arabia | N/A | N/A | N/A | 397 | 0% |
Belgium | 0.5 | 5.7 | 5.4 | 307 | 749.9% |
Germany | 0.4 | 0.4 | 0.3 | 110 | 550.3% |
United Kingdom | 22.9 | 13.0 | 33.2 | 76.4 | 49.4% |
Singapore | 14.9 | 16.4 | 39.9 | 32.5 | 29.7% |
Switzerland | 45.2 | 70.5 | 86.5 | N/A | 38.3% |
Others | 199 | 308 | 395 | 56.2 | -34.4% |
Total | 370 | 1,409 | 1,683 | 5,719 | 149.1% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Malaysia in 2022:
- China (212.8 tons)
- Saudi Arabia (78.0 tons)
- Belgium (43.2 tons)
- United Kingdom (14.3 tons)
- Germany (11.4 tons)
- Singapore (9.1 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia
Exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes from Malaysia reduced rapidly to 16 tons in 2022, which is down by -52.1% on 2021 figures. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,429% against the previous year. As a result, the exports reached the peak of 34 tons, and then reduced rapidly in the following year.
In value terms, exports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes shrank notably to $46K in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,063% against the previous year. As a result, the exports reached the peak of $159K, and then fell dramatically in the following year.
Export of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 0.1 | 6.5 | 32.9 | 24.4 | 524.9% |
Iran | N/A | N/A | 90.7 | 14.9 | -83.6% |
Singapore | 13.0 | 5.8 | 30.2 | 6.4 | -21.0% |
Others | N/A | 1.3 | 4.8 | N/A | 269.2% |
Total | 13.1 | 13.6 | 159 | 45.7 | 51.7% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde from Malaysia in 2022:
- Vietnam (10.0 tons)
- Iran (5.0 tons)
- Singapore (1.2 tons)
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