Malaysia: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Malaysia

In 2022, the Malaysian market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by 71% to $X, rising for the second year in a row after three years of decline. Overall, consumption showed slight growth. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Malaysia

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Malaysia

In 2022, overseas shipments of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -65.6% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of 48%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced rapidly to $X in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of $X, and then fell rapidly in the following year.

Exports by Country

Vietnam (X tons), China (X tons) and Indonesia (X tons) were the main destinations of exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Malaysia, with a combined 57% share of total exports. India, Egypt, Thailand, Japan and Singapore lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +28.2%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Indonesia ($X) appeared to be the largest markets for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exported from Malaysia worldwide, together accounting for 56% of total exports. India, Egypt, Thailand, Japan and Singapore lagged somewhat behind, together comprising a further 42%.

Egypt, with a CAGR of +46.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, with an increase of 3.5% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the 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 China ($X per ton), while the average price for exports to Singapore ($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 Egypt (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Malaysia

Imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid into Malaysia dropped notably to X tons in 2022, which is down by -42.8% on 2021 figures. In general, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2013 with an increase of 107%. Over the period under review, imports of attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell remarkably to $X in 2022. Overall, imports showed a noticeable setback. The growth pace was the most rapid in 2013 with an increase of 86% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

South Korea (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid to Malaysia, with a combined 86% share of total imports. Japan, Vietnam and India lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +20.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Taiwan (Chinese) ($X) were the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid suppliers to Malaysia, together comprising 75% of total imports. Japan, India and Vietnam lagged somewhat behind, together comprising a further 22%.

India, with a CAGR of +19.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, waning by -4.1% against the previous year. Over the period under review, the import price recorded a mild decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 29%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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