Malaysia: Denatured Ethyl Alcohol Market 2025

Denatured Ethyl Alcohol Market Size in Malaysia

The Malaysian denatured ethyl alcohol market shrank sharply to $X in 2021, which is down by -26.9% 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). In general, consumption, however, showed moderate growth. As a result, consumption attained the peak level of $X, and then fell significantly in the following year.

Denatured Ethyl Alcohol Exports

Exports from Malaysia

After two years of decline, overseas shipments of denatured ethyl alcohol and other denatured spirits increased by 521% to X tons in 2021. Overall, exports, however, recorded a noticeable descent. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, denatured ethyl alcohol exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a deep downturn. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tons) was the main destination for denatured ethyl alcohol exports from Malaysia, with a 89% share of total exports. Moreover, denatured ethyl alcohol exports to Pakistan exceeded the volume sent to the second major destination, Singapore (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume to Pakistan was relatively modest.

In value terms, Pakistan ($X) emerged as the key foreign market for denatured ethyl alcohol and other denatured spirits exports from Malaysia, comprising 80% of total exports. The second position in the ranking was held by Singapore ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Pakistan was relatively modest.

Export Prices by Country

In 2021, the average denatured ethyl alcohol export price amounted to $X per ton, falling by -64% against the previous year. Overall, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2020 an increase of 91%. As a result, the export price attained the peak level of $X per ton, and then declined notably in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Pakistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.

Denatured Ethyl Alcohol Imports

Imports into Malaysia

In 2021, the amount of denatured ethyl alcohol and other denatured spirits imported into Malaysia dropped sharply to X tons, which is down by -22% on 2020. In general, imports, however, recorded a perceptible increase. The pace of growth was the most pronounced in 2020 when imports increased by 202%. As a result, imports reached the peak of X tons, and then shrank sharply in the following year.

In value terms, denatured ethyl alcohol imports reduced remarkably to $X in 2021. Overall, imports, however, recorded measured growth. The most prominent rate of growth was recorded in 2020 with an increase of 253%. As a result, imports attained the peak of $X, and then declined markedly in the following year.

Imports by Country

In 2021, Australia (X tons) constituted the largest supplier of denatured ethyl alcohol to Malaysia, with a 52% share of total imports. Moreover, denatured ethyl alcohol imports from Australia exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. Pakistan (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Australia stood at +94.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+9.7% per year) and Pakistan (+27.2% per year).

In value terms, Australia ($X) constituted the largest supplier of denatured ethyl alcohol and other denatured spirits to Malaysia, comprising 47% of total imports. The second position in the ranking was held by Vietnam ($X), with a 21% share of total imports. It was followed by Pakistan, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Australia amounted to +88.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+8.3% per year) and Pakistan (+24.3% per year).

Import Prices by Country

In 2021, the average denatured ethyl alcohol import price amounted to $X per ton, declining by -5.4% against the previous year. In general, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of 17%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+45.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :