Malaysia: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Malaysia

The Malaysian market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof surged to $X in 2022, growing by 18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Malaysia

In 2022, overseas shipments of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by 8.9% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 when exports increased by 115%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by 172% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Malaysia, with a 82% share of total exports. Moreover, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Singapore exceeded the volume sent to the second major destination, the Philippines (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Singapore totaled +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+15.8% per year) and Vietnam (+0.4% per year).

In value terms, Singapore ($X) remains the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from Malaysia, comprising 72% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at +29.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+21.1% per year) and Vietnam (-6.7% per year).

Export Prices by Country

The average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, growing by 8.1% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -20.6% against 2018 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 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 the Philippines ($X per ton), while the average price for exports to Singapore ($X 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 Indonesia (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Malaysia

In 2022, supplies from abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by 12% to X tons for the first time since 2016, thus ending a five-year declining trend. In general, imports, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2016 when imports increased by 27%. Over the period under review, imports of attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof skyrocketed to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 24% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines to Malaysia, with a 68% share of total imports. Moreover, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+53.3% per year) and Germany (+9.3% per year).

In value terms, China ($X) constituted the largest supplier of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Malaysia, comprising 67% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+70.8% per year) and Germany (+7.9% per year).

Import Prices by Country

The average import price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, rising by 6.2% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -4.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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