Singapore - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Singapore - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Cyclic Hydrocarbons Price in Singapore - 2022

Contents:

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

Cyclic Hydrocarbons Price in Singapore (FOB) - 2022

The average cyclic hydrocarbons export price stood at $1,459 per ton in September 2022, shrinking by -7.7% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in February 2022 an increase of 14% against the previous month. Over the period under review, the average export prices hit record highs at $1,820 per ton in July 2022; however, from August 2022 to September 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In September 2022, the highest price was recorded for prices to Thailand ($1,646 per ton) and India ($1,497 per ton), while the average price for exports to Taiwan (Chinese) ($1,341 per ton) and China ($1,417 per ton) were amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cyclic Hydrocarbons Price in Singapore (CIF) - 2022

The average cyclic hydrocarbons import price stood at $1,204 per ton in 2022, growing by 28% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 60% against the previous year. The import price peaked at $1,389 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,279 per ton), while the price for the Philippines ($835 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-0.7%), while the prices for the other major suppliers experienced a decline.

Cyclic Hydrocarbons Exports in Singapore

In 2022, approx. 2.4M tons of cyclic hydrocarbons were exported from Singapore; with a decrease of -11.7% compared with the previous year. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

In value terms, cyclic hydrocarbons exports expanded modestly to $2.7B in 2022. Overall, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Cyclic Hydrocarbons in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2727221,1521,148-3.4%
India37124042760517.7%
Indonesia436236381382-4.3%
Taiwan (Chinese)95.443.320817321.9%
Malaysia14470.7179127-4.1%
Thailand27.748.911011661.2%
Vietnam82.872.298.279.5-1.3%
Others64.917.990.411521.0%
Total2,4941,4522,6462,7443.2%

Top Export Markets for Cyclic Hydrocarbons from Singapore in 2022:

  1. China (1039.6K tons)
  2. India (531.1K tons)
  3. Indonesia (354.0K tons)
  4. Taiwan (Chinese) (160.0K tons)
  5. Malaysia (116.9K tons)
  6. Thailand (93.8K tons)
  7. Vietnam (64.8K tons)

Cyclic Hydrocarbons Imports in Singapore

In 2022, approx. 445K tons of cyclic hydrocarbons were imported into Singapore; rising by 35% on the previous year's figure. The total import volume increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cyclic hydrocarbons imports soared to $536M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cyclic Hydrocarbons in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.714.62.5205323.4%
Malaysia77.375.314592.16.0%
South Korea8.64.03.890.5119.1%
Taiwan (Chinese)15.36.93.532.728.8%
India38.610.720.228.6-9.5%
Thailand54.059.588.428.1-19.6%
Philippines2.2N/A4.514.286.2%
Indonesia5.74.40.414.235.6%
Brunei DarussalamN/A15.816.44.6-46.0%
Others10.018.925.326.338.0%
Total21421031053635.8%

Top Suppliers of Cyclic Hydrocarbons to Singapore in 2022:

  1. China (160.1K tons)
  2. South Korea (86.3K tons)
  3. Malaysia (80.8K tons)
  4. Taiwan (Chinese) (29.4K tons)
  5. India (26.9K tons)
  6. Thailand (24.7K tons)
  7. Philippines (17.1K tons)
  8. Indonesia (12.5K tons)
  9. Brunei Darussalam (1.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141213 - Cyclohexane
  • Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
  • Prodcom 20141223 - Benzene
  • Prodcom 20141225 - Toluene
  • Prodcom 20141243 - o-Xylene
  • Prodcom 20141245 - p-Xylene
  • Prodcom 20141247 - m-Xylene and mixed xylene isomers
  • Prodcom 20141250 - Styrene
  • Prodcom 20141260 - Ethylbenzene
  • Prodcom 20141270 - Cumene
  • Prodcom 20141290 - Other cyclic hydrocarbons

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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Free Data: Cyclic Hydrocarbons - Singapore