Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia - 2024
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,183 per ton in 2022, rising by 20% against the previous year. In general, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 38%. Over the period under review, average import prices attained the maximum at $1,577 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,202 per ton) and South Korea ($1,200 per ton), while the price for Taiwan (Chinese) ($1,167 per ton) and Japan ($1,193 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.5%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $2,679 per ton in 2022, with an increase of 64% against the previous year. In general, the export price, however, saw a noticeable downturn. The growth pace was the most rapid in 2017 an increase of 244% against the previous year. The export price peaked at $3,372 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,859 per ton), while the average price for exports to Thailand amounted to $1,246 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia
Imports of acids; aromatic polycarboxylic acids; phthalic anhydrides into Malaysia dropped to 28K tons in 2022, with a decrease of -11.3% on 2021. Over the period under review, imports recorded a mild slump. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, imports reached the peak of 31K tons, and then contracted in the following year.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $33M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.9% 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 +64.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 16.6 | 13.4 | 18.3 | 16.0 | -1.2% |
| Japan | 5.6 | 3.8 | 7.2 | 9.0 | 17.1% |
| China | 1.0 | 0.1 | 1.6 | 4.2 | 61.3% |
| South Korea | 4.1 | 2.2 | 3.1 | 3.4 | -6.0% |
| Others | 0.5 | 0.5 | 0.7 | 0.4 | -7.2% |
| Total | 27.7 | 20.0 | 31.0 | 32.9 | 5.9% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Malaysia in 2022:
- Taiwan (Chinese) (13.7K tons)
- Japan (7.5K tons)
- China (3.5K tons)
- South Korea (2.8K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia
In 2022, approx. 50 tons of acids; aromatic polycarboxylic acids; phthalic anhydrides were exported from Malaysia; increasing by 28% on the previous year. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% 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 +86.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides skyrocketed to $134K in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 69.8 | 53.7 | 80.6 | 106 | 14.9% |
| Thailand | 22.4 | 9.7 | 15.2 | 28.1 | 7.8% |
| Singapore | N/A | 10.4 | 4.1 | N/A | -60.6% |
| Others | 2.4 | N/A | N/A | N/A | 0% |
| Total | 94.6 | 73.9 | 99.8 | 134 | 12.3% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Malaysia in 2022:
- Hong Kong SAR (27.4 tons)
- Thailand (22.5 tons)
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