Price for Pulps of Other Fibrous Cellulosic Material in Malaysia - 2024

Contents:

  1. Price for Pulps of Other Fibrous Cellulosic Material in Malaysia (FOB) - 2024
  2. Price for Pulps of Other Fibrous Cellulosic Material in Malaysia (CIF) - 2022
  3. Exports of Pulps of Other Fibrous Cellulosic Material in Malaysia
  4. Imports of Pulps of Other Fibrous Cellulosic Material in Malaysia

Price for Pulps of Other Fibrous Cellulosic Material in Malaysia (FOB) - 2024

The average export price for pulps of other fibrous cellulosic materials stood at $256 per ton in March 2024, declining by -4.8% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2024 an increase of 20% month-to-month. As a result, the export price attained the peak level of $268 per ton, and then shrank slightly in the following month.

As there is only one major export destination, the average price level is determined by prices for China.

From April 2023 to March 2024, the rate of growth in terms of prices for China amounted to +0.4% per month.

Price for Pulps of Other Fibrous Cellulosic Material in Malaysia (CIF) - 2022

The average import price for pulps of other fibrous cellulosic materials stood at $797 per ton in 2022, dropping by -43.6% against the previous year. Overall, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 81%. As a result, import price attained the peak level of $3,282 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 Taiwan (Chinese) ($4,704 per ton), while the price for Canada ($329 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Pulps of Other Fibrous Cellulosic Material in Malaysia

In 2022, exports of pulps of other fibrous cellulosic materials from Malaysia rose sharply to 1.5M tons, growing by 13% on 2021 figures. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 870% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of pulps of other fibrous cellulosic materials expanded modestly to $471M in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 476%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Pulps of Other Fibrous Cellulosic Material in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.8133225235120.9%
Others24.9136225237111.9%
Total46.7269450471116.1%

Top Export Markets for Pulps of Other Fibrous Cellulosic Material from Malaysia in 2022:

  1. China (779.8K tons)

Imports of Pulps of Other Fibrous Cellulosic Material in Malaysia

In 2022, approx. 105K tons of pulps of other fibrous cellulosic materials were imported into Malaysia; picking up by 1,877% on the year before. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pulps of other fibrous cellulosic materials soared to $83M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pulps of Other Fibrous Cellulosic Material in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.10.111.8390.5%
Taiwan (Chinese)0.30.20.211.0232.2%
Japan1.00.70.36.283.7%
AustraliaN/AN/A0.15.04900.0%
China0.1N/A0.14.1244.8%
CanadaN/AN/AN/A0.90%
Germany0.70.71.10.98.7%
Others5.04.05.543.6105.8%
Total7.35.87.583.4125.2%

Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Malaysia in 2022:

  1. United States (16.8K tons)
  2. Australia (4.6K tons)
  3. Canada (2.7K tons)
  4. Japan (2.7K tons)
  5. Taiwan (Chinese) (2.3K tons)
  6. China (1.3K tons)
  7. Germany (0.4K tons)

Source: IndexBox Market Intelligence Platform

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