Report Update Nov 1, 2024

Malaysia - Ethylbenzene - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Ethylbenzene Market 2024

Ethylbenzene Market Size in Malaysia

In 2022, after seven years of growth, there was significant decline in the Malaysian ethylbenzene market, when its value decreased by -32.6% to $X. In general, consumption continues to indicate a mild setback. As a result, consumption attained the peak level of $X, and then declined notably in the following year.

Ethylbenzene Production in Malaysia

In value terms, ethylbenzene production amounted to $X in 2022 estimated in export price. Overall, production showed a significant increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 38,237,500%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Ethylbenzene Exports

Exports from Malaysia

In 2022, after seven years of decline, there was significant growth in overseas shipments of ethylbenzene, when their volume increased by 6.5% to X tons. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 5,407%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, ethylbenzene exports rose markedly to $X in 2022. In general, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 1,853% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for ethylbenzene exports from Malaysia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Singapore totaled +24.3%.

In value terms, Singapore ($X) also remains the key foreign market for ethylbenzene exports from Malaysia.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to +17.7%.

Export Prices by Country

The average ethylbenzene export price stood at $X per ton in 2022, surging by 2.4% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The pace of growth was the most pronounced in 2013 an increase of 75% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -5.3% per year.

Ethylbenzene Imports

Imports into Malaysia

In 2022, supplies from abroad of ethylbenzene decreased by -39.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 401%. As a result, imports reached the peak of X tons, and then contracted significantly in the following year.

In value terms, ethylbenzene imports declined markedly to $X in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Singapore (X tons) constituted the largest ethylbenzene supplier to Malaysia, accounting for a 84% share of total imports. Moreover, ethylbenzene imports from Singapore exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore stood at +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (0.0% per year) and the United States (-16.7% per year).

In value terms, Singapore ($X) constituted the largest supplier of ethylbenzene to Malaysia, comprising 62% of total imports. The second position in the ranking was taken by the United States ($X), with a 30% share of total imports. It was followed by China, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Singapore stood at +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.1% per year) and China (0.0% per year).

Import Prices by Country

In 2022, the average ethylbenzene import price amounted to $X per ton, jumping by 16% against the previous year. Over the period under review, the import price, however, saw a deep slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 47% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average 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 South Korea ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.5%), 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 ethylbenzene in the world?

The countries with the highest volumes of in 2021 were Russia, the Netherlands and Poland, with a combined 79% share of global consumption. The UK, Belgium, Oman and the United States lagged somewhat behind, together comprising a further 16%.

What are the largest producers of ethylbenzene in the world?

The countries with the highest volumes of in 2021 were Russia, Belgium and the UK, with a combined 82% share of global production. These countries were followed by the Czech Republic, the United States, Oman and France, which together accounted for a further 16%.

What are the leading suppliers of ethylbenzene to Malaysia?

In value terms, the United States constituted the largest supplier of ethylbenzene to Malaysia, comprising 90% of total imports. The second position in the ranking was occupied by Singapore, with an 8.9% share of total imports.

What are the leading importers of ethylbenzene from Malaysia?

In value terms, Singapore remains the key foreign market for ethylbenzene exports from Malaysia.

What is the average export price for ethylbenzene in Malaysia?

In 2021, the average ethylbenzene export price amounted to $936 per ton, growing by 2.4% against the previous year.

What is the average import price for ethylbenzene in Malaysia?

The average ethylbenzene import price stood at $3,262 per ton in 2021, rising by 7.3% against the previous year.

This report provides an in-depth analysis of the ethylbenzene 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 20141260 - Ethylbenzene

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