Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia - 2021
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia (CIF) - 2021
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia (FOB) - 2022
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia (CIF) - 2021
In December 2021, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $844 per ton, dropping by -3.1% against the previous month. Overall, the import price, however, saw measured growth. The most prominent rate of growth was recorded in February 2021 when the average import price increased by 326% against the previous month. The import price peaked at $2,700 per ton in April 2021; however, from May 2021 to December 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the highest price was recorded for prices from Vietnam ($891 per ton) and South Korea ($873 per ton), while the price for Singapore ($736 per ton) and Japan ($830 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia (FOB) - 2022
In 2022, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $779 per ton, therefore, remained relatively stable against the previous year. In general, the export price showed a mild decline. The growth pace was the most rapid in 2015 when the average export price increased by 34%. The export price peaked at $969 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Qatar ($925 per ton) and Sri Lanka ($906 per ton), while the average price for exports to Singapore ($728 per ton) and Bangladesh ($829 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia
In 2022, the amount of cyclic hydrocarbons; mixed xylene isomerses imported into Malaysia soared to 7.4K tons, picking up by 482% compared with 2021 figures. In general, imports, however, showed a relatively flat trend pattern.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports surged to $4.2M in 2022. Overall, imports, however, recorded a perceptible downturn.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.5 | 4.5 | 0.5 | 3.2 | 85.7% |
| Thailand | 0.7 | 2.7 | N/A | 0.8 | 4.6% |
| Singapore | 0.1 | 0.3 | N/A | 0.1 | 0.0% |
| Japan | N/A | N/A | 0.4 | N/A | 0% |
| Taiwan (Chinese) | 3.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 4.7 | 7.4 | 0.9 | 4.2 | -3.7% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Malaysia in 2022:
- South Korea (5.3K tons)
- Thailand (1.7K tons)
- Singapore (0.3K tons)
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia
Cyclic hydrocarbons; mixed xylene isomers exports from Malaysia declined markedly to 904 tons in 2022, reducing by -15.3% on the year before. Overall, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 52% against the previous year.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports contracted sharply to $705K in 2022. Over the period under review, exports faced a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 47% against the previous year.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 33.1 | 52.3 | 519 | 422 | 133.6% |
| Bangladesh | 526 | 106 | 121 | 124 | -38.2% |
| Qatar | 250 | 174 | 49.6 | 77.9 | -32.2% |
| Australia | 155 | 66.1 | 65.7 | 53.5 | -29.9% |
| Sri Lanka | 56.6 | 46.1 | 2.7 | 16.5 | -33.7% |
| Indonesia | N/A | 104 | 7.8 | N/A | -92.5% |
| Others | 34.8 | 20.9 | 74.2 | 10.2 | -33.6% |
| Total | 1,056 | 570 | 840 | 705 | -12.6% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Malaysia in 2022:
- Singapore (580.1 tons)
- Bangladesh (150.2 tons)
- Qatar (84.1 tons)
- Australia (59.8 tons)
- Sri Lanka (18.2 tons)
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