Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia - 2024

Contents:

  1. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia (CIF) - 2022
  2. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia (FOB) - 2022
  3. Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia
  4. Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia (CIF) - 2022

In 2022, the average import price for cellulose acetates; non-plasticised, in primary formses amounted to $18,048 per ton, jumping by 81% against the previous year. In general, the import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 134% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($52,820 per ton), while the price for Japan ($10,268 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia (FOB) - 2022

In 2022, the average export price for cellulose acetates; non-plasticised, in primary formses amounted to $4,589 per ton, shrinking by -26.5% against the previous year. In general, the export price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2015 an increase of 40%. As a result, the export price attained the peak level of $7,855 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($4,648 per ton), while the average price for exports to the United States amounted to $3,376 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia

For the third consecutive year, Malaysia recorded decline in overseas purchases of cellulose acetates; non-plasticised, in primary formses, which decreased by -10.8% to 12 tons in 2022. Over the period under review, imports saw a sharp decrease.

In value terms, imports of cellulose acetates; non-plasticised, in primary formses surged to $218K in 2022. Overall, imports saw a dramatic decline.

Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2241078.8152-12.1%
Japan23966.245.549.1-41.0%
AustraliaN/AN/AN/A12.90%
Taiwan (Chinese)50.722.16.12.4-63.8%
China10.314.912.51.3-49.8%
Sweden7.05.45.8N/A-9.0%
Singapore2.021.335.6N/A321.9%
Others19.317.621.0N/A4.3%
Total552255135218-26.6%

Top Suppliers of Cellulose Acetates; Non-Plasticised, in Primary Forms to Malaysia in 2022:

  1. United States (6.8 tons)
  2. Japan (4.8 tons)
  3. Australia (0.2 tons)
  4. China (0.1 tons)
  5. Taiwan (Chinese) (0.1 tons)

Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia

In 2022, the amount of cellulose acetates; non-plasticised, in primary formses exported from Malaysia soared to 11 tons, increasing by 89% on 2021 figures. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellulose acetates; non-plasticised, in primary formses skyrocketed to $50K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 63%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Cellulose Acetates; Non-Plasticised, in Primary Forms in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.811.324.448.451.9%
United StatesN/AN/AN/A1.70%
Others8.110.811.7N/A20.2%
Total21.922.136.150.131.8%

Top Export Markets for Cellulose Acetates; Non-Plasticised, in Primary Forms from Malaysia in 2022:

  1. China (10.4 tons)
  2. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform

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