Report Update Nov 1, 2024

Malaysia - Methyloxirane (Propylene Oxide) - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Propylene Oxide Market 2024

Propylene Oxide Market Size in Malaysia

In 2021, the Malaysian propylene oxide market decreased by -3% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption continues to indicate a abrupt downturn. Propylene oxide consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Propylene Oxide Exports

Exports from Malaysia

In 2021, shipments abroad of methyloxirane (propylene oxide) was finally on the rise to reach X tons after three years of decline. Overall, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when exports increased by 223% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, propylene oxide exports reached $X in 2021. In general, exports, however, recorded a precipitous slump. The most prominent rate of growth was recorded in 2014 with an increase of 358% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The Philippines (X tons) was the main destination for propylene oxide exports from Malaysia, accounting for a 89% share of total exports. Moreover, propylene oxide exports to the Philippines exceeded the volume sent to the second major destination, Indonesia (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume to the Philippines stood at -16.3%.

In value terms, the Philippines ($X) remains the key foreign market for methyloxirane (propylene oxide) exports from Malaysia, comprising 97% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 3.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Philippines stood at -27.1%.

Export Prices by Country

The average propylene oxide export price stood at $X per ton in 2021, shrinking by -12% against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2014 an increase of 42%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, 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 the Philippines ($X per ton), while the average price for exports to Indonesia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (-12.9%).

Propylene Oxide Imports

Imports into Malaysia

For the third consecutive year, Malaysia recorded decline in purchases abroad of methyloxirane (propylene oxide), which decreased by -12.9% to X tons in 2021. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2016 when imports increased by 30%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, propylene oxide imports stood at $X in 2021. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 1.1%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Singapore (X tons), the United States (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of propylene oxide imports to Malaysia, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of -9.0%), while imports for the other leaders experienced a decline.

In value terms, Singapore ($X), Taiwan (Chinese) ($X) and the United States ($X) were the largest propylene oxide suppliers to Malaysia, together comprising 98% of total imports.

Singapore, with a CAGR of -10.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average propylene oxide import price stood at $X per ton in 2021, jumping by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2017 an increase of 28%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+35.4%), 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 methyloxirane (propylene oxide) in the world?

The countries with the highest volumes of propylene oxide consumption in 2021 were the Netherlands, China and Singapore, with a combined 64% share of global consumption.

What are the largest producers of methyloxirane (propylene oxide) in the world?

The Netherlands remains the largest propylene oxide producing country worldwide, accounting for 37% of total volume. Moreover, propylene oxide production in the Netherlands exceeded the figures recorded by the second-largest producer, Singapore, twofold. The United States ranked third in terms of total production with a 16% share.

What are the leading suppliers of methyloxirane (propylene oxide) to Malaysia?

In value terms, Germany constituted the largest supplier of propylene oxide to Malaysia.

What is the average export price for methyloxirane (propylene oxide) in Malaysia?

The average propylene oxide export price stood at $301 per ton in 2020, approximately mirroring the previous year.

What is the average import price for methyloxirane (propylene oxide) in Malaysia?

The average propylene oxide import price stood at $1,204 per ton in 2021, waning by -26.4% against the previous year.

This report provides an in-depth analysis of the propylene oxide 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 20146375 - Methyloxirane (propylene oxide)

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