Singapore - Ethanal (Acetaldehyde) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthanal Price in Singapore - 2022
Contents:
- Ethanal Price in Singapore (CIF) - 2022
- Ethanal Price in Singapore (FOB) - 2022
- Ethanal Imports in Singapore
- Ethanal Exports in Singapore
Ethanal Price in Singapore (CIF) - 2022
The average ethanal import price stood at $21,365 per ton in 2022, growing by 35% against the previous year. In general, the import price posted a temperate increase. Over the period under review, average import prices reached the peak figure at $33,370 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 the United States ($35,111 per ton), while the price for China ($10,736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ethanal Price in Singapore (FOB) - 2022
The average ethanal export price stood at $7,496 per ton in 2022, surging by 28% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 124%. As a result, the export price reached the peak level of $9,762 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($16,318 per ton), while the average price for exports to Indonesia ($5,434 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 Sri Lanka (+44.9%), while the prices for the other major destinations experienced mixed trend patterns.
Ethanal Imports in Singapore
In 2022, approx. 28 tons of ethanal (acetaldehyde) were imported into Singapore; picking up by 19% compared with 2021. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 204% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, ethanal imports skyrocketed to $607K in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ethanal in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 121 | 113 | 131 | 252 | 27.7% |
| China | 1.7 | 0.5 | 82.1 | 153 | 348.1% |
| United States | 91.7 | 82.4 | 84.4 | 105 | 4.6% |
| Switzerland | 69.5 | 53.1 | 72.9 | 91.0 | 9.4% |
| Others | 13.2 | 9.2 | 7.2 | 6.8 | -19.8% |
| Total | 297 | 258 | 378 | 607 | 26.9% |
Top Suppliers of Ethanal to Singapore in 2022:
- China (14.2 tons)
- Germany (7.5 tons)
- Switzerland (3.6 tons)
- United States (3.0 tons)
Ethanal Exports in Singapore
In 2022, the amount of ethanal (acetaldehyde) exported from Singapore fell sharply to 5.3 tons, dropping by -70.3% on 2021 figures. In general, exports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 394% against the previous year. As a result, the exports reached the peak of 18 tons, and then fell significantly in the following year.
In value terms, ethanal exports declined rapidly to $40K in 2022. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 377%. As a result, the exports reached the peak of $105K, and then fell notably in the following year.
| Export of Ethanal in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.7 | 6.7 | 83.9 | 21.1 | 98.4% |
| Philippines | 7.4 | 5.0 | 7.0 | 7.6 | 0.9% |
| Malaysia | 6.6 | 5.3 | 8.7 | 7.6 | 4.8% |
| Thailand | 3.0 | 3.1 | 2.6 | N/A | -6.9% |
| India | 8.8 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 1.9 | 2.4 | 3.3 | 14.5% |
| Total | 30.7 | 21.9 | 105 | 39.6 | 8.9% |
Top Export Markets for Ethanal from Singapore in 2022:
- Indonesia (3.9 tons)
- Malaysia (0.9 tons)
- Philippines (0.5 tons)
This report provides an in-depth analysis of the ethanal 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 20146113 - Ethanal (acetaldehyde)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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