Singapore - Ketones And Quinones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKetone and Quinone Price in Singapore - 2022
Contents:
- Ketone and Quinone Price in Singapore (FOB) - 2022
- Ketone and Quinone Price in Singapore (CIF) - 2022
- Ketone and Quinone Exports in Singapore
- Ketone and Quinone Imports in Singapore
Ketone and Quinone Price in Singapore (FOB) - 2022
The average ketone and quinone export price stood at $1,000 per ton in 2022, reducing by -8% against the previous year. In general, the export price continues to indicate a slight contraction. The growth pace was the most rapid in 2017 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the maximum at $1,248 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($1,374 per ton), while the average price for exports to Germany ($755 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 Malaysia (+0.2%), while the prices for the other major destinations experienced a decline.
Ketone and Quinone Price in Singapore (CIF) - 2022
The average ketone and quinone import price stood at $2,826 per ton in 2022, rising by 16% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $3,787 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,685 per ton), while the price for South Africa ($698 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced a decline.
Ketone and Quinone Exports in Singapore
In 2022, the amount of ketones and quinones exported from Singapore dropped to 167K tons, which is down by -5.8% against 2021. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of 177K tons, and then fell in the following year.
In value terms, ketone and quinone exports dropped to $167M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $193M, and then contracted in the following year.
| Export of Ketone and Quinone in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 25.1 | 27.6 | 46.3 | 39.0 | 15.8% |
| Germany | 8.0 | 11.7 | 26.1 | 22.0 | 40.1% |
| Indonesia | 14.1 | 17.9 | 22.7 | 19.2 | 10.8% |
| Malaysia | 13.7 | 14.7 | 20.9 | 17.6 | 8.7% |
| China | 9.4 | 21.6 | 10.5 | 11.5 | 7.0% |
| Japan | 2.7 | 5.6 | 13.4 | 11.3 | 61.2% |
| India | 12.1 | 13.8 | 10.5 | 10.0 | -6.2% |
| Vietnam | 4.9 | 6.9 | 9.2 | 7.7 | 16.3% |
| Others | 24.7 | 21.5 | 33.0 | 28.7 | 5.1% |
| Total | 115 | 141 | 193 | 167 | 13.2% |
Top Export Markets for Ketone and Quinone from Singapore in 2022:
- Thailand (40.9K tons)
- Germany (29.2K tons)
- Indonesia (18.1K tons)
- China (14.6K tons)
- Japan (14.0K tons)
- Malaysia (12.8K tons)
- India (9.6K tons)
- Vietnam (6.9K tons)
Ketone and Quinone Imports in Singapore
In 2022, after three years of growth, there was significant decline in purchases abroad of ketones and quinones, when their volume decreased by -20.3% to 50K tons. Over the period under review, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of 62K tons, and then declined sharply in the following year.
In value terms, ketone and quinone imports shrank to $140M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of $152M, and then declined in the following year.
| Import of Ketone and Quinone in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 46.3 | 47.8 | 56.7 | 50.4 | 2.9% |
| South Africa | 11.9 | 12.0 | 19.2 | 17.1 | 12.8% |
| United States | 19.0 | 20.5 | 14.2 | 16.4 | -4.8% |
| India | 7.1 | 9.0 | 12.4 | 11.0 | 15.7% |
| Germany | 7.0 | 6.9 | 9.5 | 8.5 | 6.7% |
| Japan | 3.7 | 3.1 | 4.9 | 4.3 | 5.1% |
| Taiwan (Chinese) | 1.9 | 3.1 | 2.1 | 2.2 | 5.0% |
| Others | 26.1 | 26.1 | 33.0 | 30.3 | 5.1% |
| Total | 123 | 128 | 152 | 140 | 4.4% |
Top Suppliers of Ketone and Quinone to Singapore in 2022:
- South Africa (24.5K tons)
- China (12.0K tons)
- Japan (4.1K tons)
- India (1.7K tons)
- United States (1.5K tons)
- Germany (1.5K tons)
- Taiwan (Chinese) (1.2K tons)
This report provides an in-depth analysis of the ketone and quinone 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 20146211 - Acetone
- Prodcom 20146213 - Butanone (methyl ethyl ketone)
- Prodcom 20146215 - 4-Methylpentan-2-one (methyl isobutyl ketone)
- Prodcom 20146219 - Acyclic ketones, without other oxygen function (excluding acetone, butanone (methyl ethyl ketone), 4-methylpentan-2one (methyl isobutyl ketone))
- Prodcom 20146231 - Camphor, aromatic ketones without other oxygen function, k etone-alcohols, ketone-aldehydes, ketone-phenols and ketones with other oxygen function
- Prodcom 20146233 - Cyclohexanone and methylcyclohexanones
- Prodcom 20146235 - Ionones and methylionones
- Prodcom 20146239 - Cyclanic, cyclenic or cycloterpenic ketones without other oxygen function (excluding camphor, cyclohexanone and methylcyclohexanones, ionones and methylionones)
- Prodcom 20146260 - Quinones
- Prodcom 20146270 - Halogenated, sulphonated, nitrated or nitrosated derivatives of ketones and quinones
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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