Malaysia: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Malaysia

In 2021, the Malaysian chemical contraceptive preparations market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption showed a prominent expansion. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.

Chemical Contraceptive Preparations Production in Malaysia

In value terms, chemical contraceptive preparations production expanded markedly to $X in 2021 estimated in export price. In general, production, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 21%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Chemical Contraceptive Preparations Exports

Exports from Malaysia

In 2021, after two years of decline, there was significant growth in overseas shipments of chemical contraceptive preparations based on hormones or spermicides, when their volume increased by 14% to X tons. In general, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2015 when exports increased by 253% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, chemical contraceptive preparations exports expanded significantly to $X in 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 585%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tons) was the main destination for chemical contraceptive preparations exports from Malaysia, with a 64% share of total exports. Moreover, chemical contraceptive preparations exports to Uruguay exceeded the volume sent to the second major destination, Brunei Darussalam (X tons), threefold. The Philippines (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay amounted to +20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (+38.4% per year) and the Philippines (+25.1% per year).

In value terms, Brunei Darussalam ($X) remains the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Malaysia, comprising 67% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 28% share of total exports. It was followed by Fiji, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to Brunei Darussalam amounted to +54.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+25.0% per year) and Fiji (+56.3% per year).

Export Prices by Country

In 2021, the average chemical contraceptive preparations export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 94%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Chemical Contraceptive Preparations Imports

Imports into Malaysia

In 2021, after two years of decline, there was significant growth in supplies from abroad of chemical contraceptive preparations based on hormones or spermicides, when their volume increased by 102% to X tons. Over the period under review, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chemical contraceptive preparations imports soared to $X in 2021. In general, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Ireland (X tons), the UK (X tons) and the Netherlands (X tons) were the main suppliers of chemical contraceptive preparations imports to Malaysia, together comprising 61% of total imports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +30.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of chemical contraceptive preparations based on hormones or spermicides to Malaysia, comprising 18% of total imports. The second position in the ranking was taken by the UK ($X), with a 4.3% share of total imports. It was followed by Ireland, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +29.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+24.9% per year) and Ireland (+11.6% per year).

Import Prices by Country

The average chemical contraceptive preparations import price stood at $X per ton in 2021, surging by 38% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, chemical contraceptive preparations import price increased by +113.3% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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