
Malaysia - Toluene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMalaysia: Toluene Market 2025
Toluene Market Size in Malaysia
The Malaysian toluene market dropped remarkably to $X in 2021, with a decrease of -20.3% against the previous year. Overall, consumption recorded a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.
Toluene Production in Malaysia
In value terms, toluene production declined to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 57% against the previous year. Toluene production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.
Toluene Exports
Exports from Malaysia
In 2021, approx. X tons of toluene were exported from Malaysia; jumping by 25% compared with the previous year's figure. Overall, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by 334% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.
In value terms, toluene exports skyrocketed to $X in 2021. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 376% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.
Exports by Country
India (X tons) was the main destination for toluene exports from Malaysia, accounting for a 56% share of total exports. Moreover, toluene exports to India exceeded the volume sent to the second major destination, Singapore (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a 7.2% share.
From 2012 to 2021, the average annual growth rate of volume to India stood at +36.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+12.1% per year) and Taiwan (Chinese) (-0.3% per year).
In value terms, India ($X) remains the key foreign market for toluene exports from Malaysia, comprising 56% of total exports. The second position in the ranking was held by Singapore ($X), with a 25% share of total exports. It was followed by Taiwan (Chinese), with a 7.3% share.
From 2012 to 2021, the average annual growth rate of value to India amounted to +29.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+6.3% per year) and Taiwan (Chinese) (-4.0% per year).
Export Prices by Country
In 2021, the average toluene export price amounted to $X per ton, rising by 34% against the previous year. Overall, the export price, however, showed a perceptible shrinkage. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($X per ton) and Taiwan (Chinese) ($X per ton), while the average price for exports to China ($X per ton) and Vietnam ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-2.5%), while the prices for the other major destinations experienced a decline.
Toluene Imports
Imports into Malaysia
In 2021, overseas purchases of toluene decreased by -15.8% to X tons, falling for the fourth consecutive year after four years of growth. Over the period under review, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of 76% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.
In value terms, toluene imports skyrocketed to $X in 2021. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2016 when imports increased by 51%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Singapore (X tons) was the main toluene supplier to Malaysia, accounting for a 92% share of total imports. Moreover, toluene imports from Singapore exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The third position in this ranking was held by South Korea (X tons), with a 0.6% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Singapore amounted to -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-2.1% per year) and South Korea (-2.3% per year).
In value terms, Singapore ($X) constituted the largest supplier of toluene to Malaysia, comprising 90% of total imports. The second position in the ranking was held by Thailand ($X), with a 7.9% share of total imports. It was followed by South Korea, with a 0.6% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Singapore totaled -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-4.5% per year) and South Korea (-12.1% per year).
Import Prices by Country
In 2021, the average toluene import price amounted to $X per ton, picking up by 39% against the previous year. In general, the import price, however, continues to indicate a perceptible setback. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Thailand ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for South Korea ($X per ton) and Singapore ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-2.5%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the toluene 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 20141225 - Toluene
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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