Alcohols; Polyhydric, Pentaerythritol Price in Singapore - 2022
Contents:
- Alcohols; Polyhydric, Pentaerythritol Price in Singapore (CIF) - 2022
- Alcohols; Polyhydric, Pentaerythritol Price in Singapore (FOB) - 2022
- Alcohols; Polyhydric, Pentaerythritol Imports in Singapore
- Alcohols; Polyhydric, Pentaerythritol Exports in Singapore
Alcohols; Polyhydric, Pentaerythritol Price in Singapore (CIF) - 2022
The average alcohols; polyhydric, pentaerythritol import price stood at $2,318 per ton in 2022, rising by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2021 an increase of 33% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,856 per ton), while the price for Malaysia ($197 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Alcohols; Polyhydric, Pentaerythritol Price in Singapore (FOB) - 2022
In 2022, the average alcohols; polyhydric, pentaerythritol export price amounted to $3,480 per ton, increasing by 43% against the previous year. Overall, the export price enjoyed a measured expansion. The pace of growth was the most pronounced in 2013 an increase of 161%. As a result, the export price reached the peak level of $5,884 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.7% per year.
Alcohols; Polyhydric, Pentaerythritol Imports in Singapore
In 2022, after three years of growth, there was significant decline in supplies from abroad of alcohols; polyhydric, pentaerythritol, when their volume decreased by -15.1% to 2.4K tons. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports attained the peak of 2.8K tons, and then declined remarkably in the following year.
In value terms, alcohols; polyhydric, pentaerythritol imports dropped to $5.5M in 2022. Over the period under review, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of $5.6M, and then reduced in the following year.
| Import of Alcohols; Polyhydric, Pentaerythritol in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,978 | 1,390 | 3,628 | 3,079 | 15.9% |
| Germany | 365 | 1,166 | 609 | 571 | 16.1% |
| Spain | 334 | 167 | 428 | 363 | 2.8% |
| Taiwan (Chinese) | 259 | 117 | 335 | 284 | 3.1% |
| Sweden | 381 | 176 | 62.2 | 163 | -24.6% |
| Saudi Arabia | N/A | 261 | 468 | N/A | 79.3% |
| Others | 3.0 | 25.3 | 90.7 | 1,060 | 607.0% |
| Total | 3,320 | 3,303 | 5,621 | 5,521 | 18.5% |
Top Suppliers of Alcohols; Polyhydric, Pentaerythritol to Singapore in 2022:
- China (1668.2 tons)
- Germany (307.7 tons)
- Spain (223.0 tons)
- Taiwan (Chinese) (180.1 tons)
- Sweden (110.3 tons)
Alcohols; Polyhydric, Pentaerythritol Exports in Singapore
In 2022, approx. 51 tons of alcohols; polyhydric, pentaerythritol were exported from Singapore; dropping by -10.7% compared with 2021 figures. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 418%. As a result, the exports attained the peak of 57 tons, and then contracted in the following year.
In value terms, alcohols; polyhydric, pentaerythritol exports soared to $177K in 2022. In general, exports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 327%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Alcohols; Polyhydric, Pentaerythritol in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 20.8 | 26.5 | 11.7 | 84.7 | 59.7% |
| China | 28.2 | N/A | 84.5 | N/A | 73.1% |
| South Africa | N/A | N/A | 27.1 | N/A | 0% |
| Taiwan (Chinese) | 56.6 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 6.1 | 15.8 | 92.5 | 469.8% |
| Total | 106 | 32.6 | 139 | 177 | 18.6% |
Top Export Markets for Alcohols; Polyhydric, Pentaerythritol from Singapore in 2022:
- Malaysia (33.8 tons)
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