Price for Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia - 2024
Contents:
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia (CIF) - 2022
- Price for Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia (FOB) - 2022
- Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia
- Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia (CIF) - 2022
The average import price for sugars; fructose, chemically pure, in solid form stood at $1,210 per ton in 2022, growing by 30% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $1,284 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,463 per ton) and Finland ($1,339 per ton), while the price for the United States ($1,117 per ton) and Turkey ($1,191 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia (FOB) - 2022
In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $1,471 per ton, rising by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +4.4% per year.
Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia
In 2022, the amount of sugars; fructose, chemically pure, in solid form imported into Malaysia expanded to 5K tons, growing by 2.1% compared with 2021. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 28%. As a result, imports attained the peak of 5.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of sugars; fructose, chemically pure, in solid form skyrocketed to $6M in 2022. The total import value increased at an average annual rate of +12.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.4 | 1.6 | 2.8 | 5.1 | 133.6% |
| Finland | 0.9 | 1.0 | 0.8 | 0.6 | -12.6% |
| United States | 2.1 | 1.2 | 0.7 | 0.2 | -54.3% |
| China | 0.7 | 1.1 | 0.2 | 0.2 | -34.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.2 | 4.9 | 4.6 | 6.0 | 12.6% |
Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Malaysia in 2022:
- Turkey (4262.9 tons)
- Finland (476.9 tons)
- United States (141.6 tons)
- China (116.0 tons)
Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia
In 2022, shipments abroad of sugars; fructose, chemically pure, in solid form decreased by -38.5% to 179 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 81%. As a result, the exports reached the peak of 368 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of sugars; fructose, chemically pure, in solid form shrank significantly to $264K in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. As a result, the exports attained the peak of $355K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Sugars; Fructose, Chemically Pure, in Solid Form in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 236 | 191 | 246 | 261 | 3.4% |
| South Korea | N/A | 48.0 | N/A | N/A | 0% |
| Vietnam | 1.3 | 9.2 | 34.8 | N/A | 417.4% |
| India | N/A | 94.5 | N/A | N/A | 0% |
| Philippines | N/A | 12.7 | 45.3 | N/A | 256.7% |
| Others | 17.4 | 0.4 | 15.2 | 2.2 | -49.8% |
| Total | 255 | 355 | 341 | 264 | 1.2% |
Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Malaysia in 2022:
- Singapore (177.8 tons)
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