Malaysia - Vinyl Chloride (Chloroethylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinyl Chloride Price in Malaysia - 2021
Contents:
- Vinyl Chloride Price in Malaysia (CIF) - 2021
- Vinyl Chloride Price in Malaysia (FOB) - 2022
- Vinyl Chloride Imports in Malaysia
- Vinyl Chloride Exports in Malaysia
Vinyl Chloride Price in Malaysia (CIF) - 2021
The average vinyl chloride import price stood at $922 per ton in December 2021, which is down by -28.2% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2021 when the average import price increased by 89% against the previous month. Over the period under review, average import prices hit record highs at $1,379 per ton in May 2021; however, from June 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Taiwan (Chinese) ($1,600 per ton), while the price for Indonesia amounted to $889 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Japan (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Vinyl Chloride Price in Malaysia (FOB) - 2022
The average vinyl chloride export price stood at $709 per ton in 2022, picking up by 2.5% against the previous year. In general, the export price, however, saw a slight reduction. The pace of growth appeared the most rapid in 2017 an increase of 2.8% against the previous year. As a result, the export price attained the peak level of $845 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
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 Vietnam ($5,931 per ton), while the average price for exports to India ($654 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 Vietnam (+22.0%), while the prices for the other major destinations experienced mixed trend patterns.
Vinyl Chloride Imports in Malaysia
After three years of growth, purchases abroad of vinyl chloride (chloroethylene) decreased by -6.9% to 54K tons in 2022. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 9.2% against the previous year. As a result, imports reached the peak of 58K tons, and then fell in the following year.
In value terms, vinyl chloride imports declined markedly to $48M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, imports attained the peak of $58M, and then fell sharply in the following year.
Import of Vinyl Chloride in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 13.1 | 19.2 | 38.4 | 27.5 | 28.0% |
Japan | 12.5 | 3.3 | 7.5 | 6.0 | -21.7% |
South Korea | 3.1 | 2.6 | 3.7 | 5.2 | 18.8% |
Taiwan (Chinese) | 2.8 | 7.3 | 3.2 | 3.3 | 5.6% |
Thailand | 2.6 | 2.7 | 3.0 | 2.2 | -5.4% |
China | 0.1 | 0.2 | 0.4 | 1.9 | 166.8% |
Qatar | 1.7 | 1.8 | 2.1 | 1.6 | -2.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 35.7 | 37.3 | 58.2 | 47.7 | 10.1% |
Top Suppliers of Vinyl Chloride to Malaysia in 2022:
- Indonesia (28.8K tons)
- Japan (6.8K tons)
- South Korea (6.8K tons)
- Taiwan (Chinese) (4.9K tons)
- Thailand (2.9K tons)
- China (2.3K tons)
- Qatar (1.3K tons)
Vinyl Chloride Exports in Malaysia
In 2022, after three years of growth, there was decline in overseas shipments of vinyl chloride (chloroethylene), when their volume decreased by -3% to 797 tons. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 6.4% against the previous year. As a result, the exports attained the peak of 822 tons, and then fell in the following year.
In value terms, vinyl chloride exports reduced modestly to $565K in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 1.2%.
Export of Vinyl Chloride in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 546 | 554 | 561 | 559 | 0.8% |
Others | 9.4 | 7.6 | 8.0 | 5.9 | -14.4% |
Total | 555 | 562 | 569 | 565 | 0.6% |
Top Export Markets for Vinyl Chloride from Malaysia in 2022:
- Indonesia (794.5 tons)
This report provides an in-depth analysis of the vinyl chloride market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141371 - Vinyl chloride (chloroethylene)
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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