Report Update Nov 1, 2024

Malaysia - Denatured Ethyl Alcohol and Other Denatured Spirits - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Denatured Ethyl Alcohol Market 2024

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) :

What are the largest markets for denatured ethyl alcohol and other denatured spirits in the world?

The countries with the highest volumes of denatured ethyl alcohol consumption in 2020 were China, the United States and Japan, together comprising 29% of global consumption. These countries were followed by India, Russia, Pakistan, Brazil, Canada, the Netherlands, Indonesia, the UK, Mexico and Nigeria, which together accounted for a further 30%.

What are the largest producers of denatured ethyl alcohol and other denatured spirits in the world?

The countries with the highest volumes of denatured ethyl alcohol production in 2020 were the United States, China and Japan, with a combined 48% share of global production.

What are the leading suppliers of denatured ethyl alcohol and other denatured spirits to Malaysia?

In value terms, the largest denatured ethyl alcohol suppliers to Malaysia were Australia, Vietnam and China, with a combined 61% share of total imports.

What are the leading importers of denatured ethyl alcohol and other denatured spirits from Malaysia?

In value terms, Germany emerged as the key foreign market for denatured ethyl alcohol exports from Malaysia, comprising 69% of total exports. The second position in the ranking was occupied by Singapore, with a 28% share of total exports.

What is the average export price for denatured ethyl alcohol and other denatured spirits in Malaysia?

The average denatured ethyl alcohol export price stood at $6,259 per ton in 2020, jumping by 1,522% against the previous year.

What is the average import price for denatured ethyl alcohol and other denatured spirits in Malaysia?

In 2020, the average denatured ethyl alcohol import price amounted to $989 per ton, picking up by 17% against the previous year.

This report provides an in-depth analysis of the denatured ethyl alcohol market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023