Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore (CIF) - 2023
2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore (CIF) - 2023

In September 2022, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,979 per ton, reducing by -7% against the previous month. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in July 2022 an increase of 6.8% month-to-month. As a result, import price attained the peak level of $2,682 per ton. From August 2022 to September 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2022, the countries with the highest prices were South Korea ($2,120 per ton) and Taiwan (Chinese) ($2,028 per ton), while the price for Malaysia ($1,933 per ton) and Thailand ($1,950 per ton) were amongst the lowest.

From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Vietnam (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,999 per ton in 2022, picking up by 5.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 129% against the previous year. As a result, the export price attained the peak level of $4,410 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($2,455 per ton), while the average price for exports to Malaysia ($1,861 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 India (+52.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore

In 2022, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses into Singapore skyrocketed to 3.4K tons, rising by 30% on 2021 figures. Overall, imports, however, saw a slight decrease.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses rose significantly to $5.8M in 2022. The total import value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Singapore in 2022:

1. Malaysia (2061.9 tons)
2. South Korea (655.0 tons)
3. Vietnam (272.0 tons)
4. Thailand (176.0 tons)
5. Taiwan (Chinese) (137.3 tons)
6. Indonesia (67.5 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Singapore

After three years of growth, shipments abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -55.5% to 271 tons in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 7,265%.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses dropped significantly to $542K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 3,715% against the previous year.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Singapore in 2022:

1. Myanmar (239.1 tons)
2. Malaysia (29.1 tons)

Source: IndexBox Market Intelligence Platform