Price for Monophenols; Cresols and Their Salts in Malaysia - 2021
Contents:
- Price for Monophenols; Cresols and Their Salts in Malaysia (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Malaysia (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Malaysia
- Exports of Monophenols; Cresols and Their Salts in Malaysia
Price for Monophenols; Cresols and Their Salts in Malaysia (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $4,210 per ton, growing by 23% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 47% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
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 Singapore ($4,596 per ton), while the price for Thailand ($1,846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Cresols and Their Salts in Malaysia (FOB) - 2022
In 2022, the average export price for monophenols; cresols and their saltses amounted to $2,313 per ton, dropping by -39.8% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 32%. Over the period under review, the average export prices reached the maximum at $5,535 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +19.9% per year.
Imports of Monophenols; Cresols and Their Salts in Malaysia
In 2022, purchases abroad of monophenols; cresols and their saltses decreased by -2.8% to 232 tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 171%. As a result, imports reached the peak of 328 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, monophenols; cresols and their salts imports skyrocketed to $975K in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 209% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Monophenols; Cresols and Their Salts in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.6 | 587 | 317 | 559 | 132.3% |
| Singapore | 246 | 483 | 276 | 245 | -0.1% |
| China | 48.5 | 14.2 | 27.2 | 73.2 | 14.7% |
| Japan | 16.3 | 34.9 | 31.7 | 55.9 | 50.8% |
| Taiwan (Chinese) | 3.4 | 1.1 | 6.1 | 10.7 | 46.5% |
| Thailand | 4.0 | 3.6 | 2.0 | 7.0 | 20.5% |
| Others | 4.1 | 10.8 | 154 | 23.7 | 79.5% |
| Total | 367 | 1,135 | 815 | 975 | 38.5% |
Top Suppliers of Monophenols; Cresols and Their Salts to Malaysia in 2022:
- Germany (135.3 tons)
- Singapore (53.4 tons)
- China (17.6 tons)
- Japan (12.3 tons)
- Taiwan (Chinese) (4.9 tons)
- Thailand (3.8 tons)
Exports of Monophenols; Cresols and Their Salts in Malaysia
In 2022, approx. 7.2 tons of monophenols; cresols and their saltses were exported from Malaysia; with an increase of 78% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 114%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, monophenols; cresols and their salts exports expanded rapidly to $17K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 decreased by -6.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 81%. As a result, the exports attained the peak of $18K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Monophenols; Cresols and Their Salts in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.5 | 0.8 | 14.2 | 14.9 | 210.0% |
| Malawi | N/A | 2.8 | N/A | N/A | 0% |
| Sri Lanka | N/A | 14.1 | N/A | N/A | 0% |
| Taiwan (Chinese) | 9.1 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 1.4 | 1.8 | 108.0% |
| Total | 9.8 | 17.8 | 15.6 | 16.7 | 19.4% |
Top Export Markets for Monophenols; Cresols and Their Salts from Malaysia in 2022:
- India (7.1 tons)
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