Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Malaysia - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia (CIF) - 2022
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia (FOB) - 2022
  3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia
  4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia (CIF) - 2022

In 2022, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $7,007 per ton, which is down by -36.1% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 107%. Over the period under review, average import prices reached the peak figure at $10,963 per ton in 2021, and then declined markedly in the following year.

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 Germany ($22,655 per ton), while the price for China ($6,519 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $8,600 per ton in 2022, rising by 28% against the previous year. Overall, the export price posted noticeable growth. The growth pace was the most rapid in 2020 when the average export price increased by 98% against the previous year. As a result, the export price attained the peak level of $16,429 per ton. From 2021 to 2022, the average 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 Bangladesh ($67,364 per ton), while the average price for exports to China ($6,452 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 Myanmar (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia

For the fourth consecutive year, Malaysia recorded growth in supplies from abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, which increased by 10% to 1.8K tons in 2022. The total import volume increased at an average annual rate of +13.4% over the period 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 when imports increased by 23%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses contracted dramatically to $13M in 2022. Overall, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of $18M, and then declined dramatically in the following year.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.62.94.06.132.9%
India3.44.65.35.517.4%
United States0.60.10.50.60.0%
Bangladesh0.31.58.20.1-30.7%
Others1.42.40.40.6-24.6%
Total8.211.618.412.916.3%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Malaysia in 2022:

  1. China (929.6 tons)
  2. India (798.3 tons)
  3. United States (49.4 tons)
  4. Bangladesh (7.5 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia

In 2022, after three years of growth, there was significant decline in shipments abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, when their volume decreased by -70.4% to 27 tons. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 803% against the previous year.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses fell markedly to $230K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,690%.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A1290%
Singapore2.979.419.942.2144.1%
JapanN/AN/AN/A23.30%
China3.2N/A48017.375.5%
BangladeshN/A321N/A16.8-77.1%
Taiwan (Chinese)N/AN/A11.2N/A0%
Others16.64.896.61.2-58.3%
Total22.7406608230116.4%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Malaysia in 2022:

  1. Pakistan (19.5 tons)
  2. China (2.7 tons)
  3. Singapore (2.2 tons)
  4. Japan (2.0 tons)
  5. Bangladesh (0.3 tons)

Source: IndexBox Market Intelligence Platform

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