Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia - 2023

Contents:

  1. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (FOB) - 2022
  2. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (CIF) - 2022
  3. Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia
  4. Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (FOB) - 2022

The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $727 per ton in 2022, picking up by 10% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 72% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,173 per ton), while the average price for exports to the Philippines ($434 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 the United States (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (CIF) - 2022

In 2022, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $699 per ton, dropping by -2.4% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses increased by +51.5% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 53%. The import price peaked at $716 per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,568 per ton), while the price for Oman ($395 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia

In 2022, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses from Malaysia rose modestly to 2.5M tons, with an increase of 2.5% against the year before. Overall, exports, however, continue to indicate a perceptible curtailment.

In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses totaled $1.8B in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 72%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3002183353525.5%
Japan10183.915121127.8%
Indonesia1711332522056.2%
Singapore84.061.012212614.5%
Thailand97.057.51251166.1%
South Korea83.564.786.595.24.5%
Vietnam43.541.569.261.112.0%
Philippines35.222.541.753.615.0%
Others26223740256829.4%
Total1,1789191,5841,78814.9%

Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Malaysia in 2022:

  1. China (564.5K tons)
  2. Indonesia (451.6K tons)
  3. Singapore (283.4K tons)
  4. Thailand (220.0K tons)
  5. Japan (190.3K tons)
  6. Vietnam (134.9K tons)
  7. Philippines (123.5K tons)
  8. South Korea (92.9K tons)

Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia

In 2022, the amount of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses imported into Malaysia surged to 939K tons, jumping by 17% compared with 2021. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses expanded significantly to $656M in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman73.744.358.215929.2%
China49.260.085.384.619.8%
Indonesia34.434.153.382.834.0%
Taiwan (Chinese)9.58.583.773.397.6%
Saudi Arabia54.630.875.671.19.2%
Germany45.336.550.146.40.8%
Singapore37.626.331.029.1-8.2%
Japan20.121.624.224.67.0%
Qatar45.012.129.516.0-29.2%
Others48.654.582.569.212.5%
Total41832957365616.2%

Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Malaysia in 2022:

  1. Oman (402.8K tons)
  2. Indonesia (133.1K tons)
  3. Saudi Arabia (120.0K tons)
  4. Taiwan (Chinese) (58.8K tons)
  5. China (54.0K tons)
  6. Qatar (39.7K tons)
  7. Singapore (31.2K tons)
  8. Germany (28.4K tons)
  9. Japan (26.6K tons)

Source: IndexBox Market Intelligence Platform

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