Malaysia: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in Malaysia

The Malaysian organo-inorganic compounds market stood at $X in 2021, with an increase of 15% 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, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +89.0% against 2019 indices. Organo-inorganic compounds consumption peaked in 2021 and is likely to continue growth in years to come.

Organo-Inorganic Compounds Exports

Exports from Malaysia

In 2021, shipments abroad of organo-inorganic compounds (excluding organo-sulphur compounds) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 206% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, organo-inorganic compounds exports skyrocketed to $X in 2021. In general, exports recorded slight growth. The most prominent rate of growth was recorded in 2016 when exports increased by 227%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X tons), Indonesia (X tons) and South Korea (X tons) were the main destinations of organo-inorganic compounds exports from Malaysia, together comprising 57% of total exports. These countries were followed by Vietnam, the United States, Thailand, Turkey and Hong Kong SAR, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +36.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) emerged as the key foreign market for organo-inorganic compounds (excluding organo-sulphur compounds) exports from Malaysia, comprising 38% of total exports. The second position in the ranking was taken by Thailand ($X), with an 18% share of total exports. It was followed by Indonesia, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+7.9% per year) and Indonesia (+9.3% per year).

Export Prices by Country

The average organo-inorganic compounds export price stood at $X per ton in 2021, declining by -19.7% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, organo-inorganic compounds export price decreased by -33.3% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 56%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.

Organo-Inorganic Compounds Imports

Imports into Malaysia

In 2021, imports of organo-inorganic compounds (excluding organo-sulphur compounds) into Malaysia dropped to X tons, declining by -7.8% compared with 2020. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 74%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, organo-inorganic compounds imports surged to $X in 2021. In general, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +84.2% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 47% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), the United States (X tons) and Belgium (X tons) were the main suppliers of organo-inorganic compounds imports to Malaysia, together accounting for 92% of total imports. Italy and Germany lagged somewhat behind, together accounting for a further 2.3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +94.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of organo-inorganic compounds (excluding organo-sulphur compounds) to Malaysia, comprising 57% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports. It was followed by Belgium, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.4% per year) and Belgium (+8.3% per year).

Import Prices by Country

In 2021, the average organo-inorganic compounds import price amounted to $X per ton, picking up by 38% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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