Singapore - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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ABS Copolymers Price in Singapore - 2022

Contents:

  1. ABS Copolymers Price in Singapore (CIF) - 2022
  2. ABS Copolymers Price in Singapore (FOB) - 2022
  3. ABS Copolymers Imports in Singapore
  4. ABS Copolymers Exports in Singapore

ABS Copolymers Price in Singapore (CIF) - 2022

In September 2022, the average ABS copolymers import price amounted to $3,553 per ton, shrinking by -5.5% against the previous month. In general, import price indicated a pronounced increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, ABS copolymers import price increased by +8.9% against July 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 33% against the previous month. The import price peaked at $3,954 per ton in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,653 per ton), while the price for Indonesia ($1,862 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

ABS Copolymers Price in Singapore (FOB) - 2022

The average ABS copolymers export price stood at $4,274 per ton in September 2022, growing by 11% against the previous month. Overall, export price indicated a tangible increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, ABS copolymers export price increased by +11.0% against August 2022 indices. The pace of growth appeared the most rapid in January 2022 when the average export price increased by 26% m-o-m. Over the period under review, the average export prices attained the peak figure at $4,328 per ton in June 2022; afterwards, it flattened through to September 2022.

There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Vietnam ($8,762 per ton), while the average price for exports to Malaysia ($3,495 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

ABS Copolymers Imports in Singapore

In 2022, the amount of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms imported into Singapore contracted dramatically to 14K tons, declining by -47.7% against the previous year's figure. In general, imports continue to indicate a dramatic shrinkage. The smallest decline of -12% was in 2020.

In value terms, ABS copolymers imports declined sharply to $36M in 2022. Overall, imports showed a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 7.2%.

Import of ABS Copolymers in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia53.835.828.79.4-44.1%
Malaysia7.76.710.89.26.1%
United States4.03.25.14.21.6%
China0.61.13.33.172.9%
South Korea3.93.34.72.6-12.6%
Japan2.03.31.91.8-3.5%
Taiwan (Chinese)1.61.32.91.5-2.1%
Indonesia0.20.20.41.281.7%
Others2.81.52.72.7-1.2%
Total76.656.360.435.8-22.4%

Top Suppliers of ABS Copolymers to Singapore in 2022:

  1. Saudi Arabia (4.6K tons)
  2. Malaysia (3.6K tons)
  3. United States (1.1K tons)
  4. China (1.1K tons)
  5. South Korea (1.1K tons)
  6. Taiwan (Chinese) (0.7K tons)
  7. Indonesia (0.7K tons)
  8. Japan (0.6K tons)

ABS Copolymers Exports in Singapore

For the third consecutive year, Singapore recorded decline in overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, which decreased by -38% to 14K tons in 2022. Over the period under review, exports saw a precipitous setback. The smallest decline of -30.3% was in 2020.

In value terms, ABS copolymers exports declined markedly to $35M in 2022. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 12%.

Export of ABS Copolymers in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia7.56.810.411.314.6%
Malaysia9.210.111.58.0-4.6%
China37.023.623.07.0-42.6%
Vietnam7.54.44.72.9-27.1%
Thailand1.72.21.52.513.7%
Hong Kong SAR2.41.20.50.5-40.7%
Others2.22.35.22.88.4%
Total67.450.656.735.0-19.6%

Top Export Markets for ABS Copolymers from Singapore in 2022:

  1. Indonesia (3.8K tons)
  2. China (3.6K tons)
  3. Malaysia (3.0K tons)
  4. Vietnam (1.5K tons)
  5. Thailand (0.8K tons)
  6. Hong Kong SAR (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the abs copolymers market in Singapore. 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 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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