Malaysia - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButanone Price in Malaysia - 2021
Contents:
- Butanone Price in Malaysia (CIF) - 2021
- Butanone Price in Malaysia (FOB) - 2022
- Butanone Imports in Malaysia
- Butanone Exports in Malaysia
Butanone Price in Malaysia (CIF) - 2021
In December 2021, the average butanone import price amounted to $6,701 per ton, picking up by 362% against the previous month. In general, the import price saw resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Singapore ($10,637 per ton), while the price for China ($1,706 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Singapore (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Butanone Price in Malaysia (FOB) - 2022
In 2022, the average butanone export price amounted to $1,926 per ton, declining by -5% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanone export price increased by +58.0% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 20%. As a result, the export price attained the peak level of $2,026 per ton, and then shrank modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,621 per ton), while the average price for exports to Hong Kong SAR ($1,747 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 Thailand (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Butanone Imports in Malaysia
In 2022, overseas purchases of butanone (methyl ethyl ketone) decreased by -1.7% to 15K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 9.3% against the previous year.
In value terms, butanone imports declined to $17M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of $18M, and then fell in the following year.
Import of Butanone in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 8.5 | 9.0 | 13.0 | 8.9 | 1.5% |
China | 1.7 | 3.4 | 2.6 | 4.4 | 37.3% |
Singapore | 1.4 | 0.7 | 0.4 | 1.9 | 10.7% |
South Africa | 1.6 | 1.5 | 1.6 | 1.5 | -2.1% |
Taiwan (Chinese) | 0.1 | 0.5 | 0.3 | 0.2 | 26.0% |
South Korea | 1.7 | 0.8 | N/A | N/A | -52.9% |
Others | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Total | 15.3 | 16.1 | 18.3 | 17.2 | 4.0% |
Top Suppliers of Butanone to Malaysia in 2022:
- South Korea (undefinedK tons)
- Japan (9.1K tons)
- China (4.1K tons)
- Singapore (1.0K tons)
- South Africa (0.7K tons)
- Taiwan (Chinese) (0.3K tons)
Butanone Exports in Malaysia
In 2022, the amount of butanone (methyl ethyl ketone) exported from Malaysia declined sharply to 32 tons, dropping by -28.7% compared with 2021. Over the period under review, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 135% against the previous year.
In value terms, butanone exports shrank markedly to $62K in 2022. Overall, exports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 182%. As a result, the exports attained the peak of $92K, and then dropped dramatically in the following year.
Export of Butanone in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 43.7 | 22.1 | 63.1 | 39.6 | -3.2% |
Philippines | 2.0 | 0.6 | 2.5 | 5.2 | 37.5% |
Indonesia | 0.3 | 0.3 | 6.4 | 3.8 | 133.1% |
Iran | 6.0 | 2.5 | 5.6 | 3.6 | -15.7% |
Australia | 9.9 | 1.2 | 3.2 | 2.6 | -36.0% |
New Zealand | 2.6 | 1.0 | 4.2 | 2.5 | -1.3% |
Vietnam | 6.0 | 1.2 | 1.5 | 1.7 | -34.3% |
Others | 8.2 | 3.8 | 5.6 | 3.4 | -25.4% |
Total | 78.6 | 32.7 | 92.2 | 62.5 | -7.4% |
Top Export Markets for Butanone from Malaysia in 2022:
- Singapore (22.2 tons)
- Philippines (2.4 tons)
- Iran (2.0 tons)
- Indonesia (1.6 tons)
- Australia (1.4 tons)
- Vietnam (1.0 tons)
- New Zealand (0.9 tons)
This report provides an in-depth analysis of the butanone 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 20146213 - Butanone (methyl ethyl ketone)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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