Cyclic Hydrocarbons; M-Xylene Price in Malaysia - 2021
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in Malaysia (CIF) - 2022
- Cyclic Hydrocarbons; M-Xylene Price in Malaysia (FOB) - 2022
- Cyclic Hydrocarbons; M-Xylene Imports in Malaysia
- Cyclic Hydrocarbons; M-Xylene Exports in Malaysia
Cyclic Hydrocarbons; M-Xylene Price in Malaysia (CIF) - 2022
In 2022, the average cyclic hydrocarbons; m-xylene import price amounted to $734 per ton, rising by 1.9% against the previous year. In general, the import price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. The import price peaked at $1,294 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($931 per ton), while the price for Thailand ($440 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.8%), while the prices for the other major suppliers experienced a decline.
Cyclic Hydrocarbons; M-Xylene Price in Malaysia (FOB) - 2022
The average cyclic hydrocarbons; m-xylene export price stood at $661 per ton in 2022, with a decrease of -7.3% against the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2021 when the average export price increased by 33%. Over the period under review, the average export prices reached the maximum at $1,248 per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 -6.2% per year.
Cyclic Hydrocarbons; M-Xylene Imports in Malaysia
In 2022, overseas purchases of cyclic hydrocarbons; m-xylenes decreased by -9.1% to 48 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 30%.
In value terms, cyclic hydrocarbons; m-xylene imports dropped to $35K in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21%.
| Import of Cyclic Hydrocarbons; M-Xylene in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 10.6 | 15.2 | 16.8 | 15.8 | 14.2% |
| Japan | 4.4 | 3.7 | 15.9 | 15.3 | 51.5% |
| Thailand | 11.4 | 13.1 | 5.2 | 4.0 | -29.5% |
| Others | 0.4 | 0.4 | 0.2 | 0.2 | -20.6% |
| Total | 26.7 | 32.4 | 38.0 | 35.2 | 9.7% |
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to Malaysia in 2022:
- Singapore (22.3 tons)
- Japan (16.4 tons)
- Thailand (9.0 tons)
Cyclic Hydrocarbons; M-Xylene Exports in Malaysia
In 2022, approx. 152 tons of cyclic hydrocarbons; m-xylenes were exported from Malaysia; waning by -29.1% compared with the previous year's figure. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 139%. As a result, the exports reached the peak of 214 tons, and then contracted remarkably in the following year.
In value terms, cyclic hydrocarbons; m-xylene exports contracted dramatically to $100K in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 217%.
| Export of Cyclic Hydrocarbons; M-Xylene in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 172 | 48.1 | 152 | 100 | -16.5% |
| Others | 3.1 | N/A | N/A | 0.1 | -68.2% |
| Total | 175 | 48.1 | 152 | 100 | -17.0% |
Top Export Markets for Cyclic Hydrocarbons; M-Xylene from Malaysia in 2022:
- Singapore (151.6 tons)
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