Singapore - Maleic Anhydride - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaleic Anhydride Price in Singapore - 2022
Contents:
- Maleic Anhydride Price in Singapore (CIF) - 2022
- Maleic Anhydride Price in Singapore (FOB) - 2022
- Maleic Anhydride Imports in Singapore
- Maleic Anhydride Exports in Singapore
Maleic Anhydride Price in Singapore (CIF) - 2022
The average maleic anhydride import price stood at $1,645 per ton in September 2022, waning by -21.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 24% m-o-m. The import price peaked at $2,799 per ton in May 2022; however, from June 2022 to September 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the countries with the highest prices were South Korea ($2,070 per ton) and the United States ($1,926 per ton), while the price for Indonesia ($1,537 per ton) and Taiwan (Chinese) ($1,544 per ton) were amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Maleic Anhydride Price in Singapore (FOB) - 2022
The average maleic anhydride export price stood at $2,044 per ton in 2022, jumping by 49% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 an increase of 90% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,304 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($7,998 per ton), while the average price for exports to India ($1,481 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 China (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Maleic Anhydride Imports in Singapore
In 2022, overseas purchases of maleic anhydride decreased by -3.9% to 16K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, imports attained the peak of 17K tons, and then fell modestly in the following year.
In value terms, maleic anhydride imports rose notably to $27M in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 86% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Maleic Anhydride in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.4 | 2.9 | 9.5 | 9.2 | 39.3% |
| Taiwan (Chinese) | 1.5 | 2.1 | 5.7 | 5.7 | 56.0% |
| United States | 1.8 | 3.7 | 5.2 | 4.7 | 37.7% |
| China | 2.9 | 2.1 | 2.5 | 4.0 | 11.3% |
| South Korea | 4.1 | 1.3 | 1.5 | 1.9 | -22.6% |
| Indonesia | N/A | 1.3 | 0.7 | 1.2 | -3.9% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 13.8 | 13.5 | 25.1 | 26.8 | 24.8% |
Top Suppliers of Maleic Anhydride to Singapore in 2022:
- Malaysia (5.5K tons)
- Taiwan (Chinese) (3.5K tons)
- United States (2.6K tons)
- China (2.5K tons)
- South Korea (1.1K tons)
- Indonesia (0.8K tons)
Maleic Anhydride Exports in Singapore
Maleic anhydride exports from Singapore skyrocketed to 328 tons in 2022, growing by 353% on the previous year's figure. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, maleic anhydride exports surged to $670K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Maleic Anhydride in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | 0.2 | 0.6 | 255 | 3470.7% |
| India | N/A | N/A | 95.6 | 148 | 54.8% |
| Japan | N/A | N/A | 1.4 | 142 | 10042.9% |
| United States | N/A | N/A | N/A | 114 | 0% |
| Malaysia | 298 | 217 | N/A | 7.6 | -70.6% |
| South Korea | 23.6 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 1.7 | 2.0 | 2.8 | 29.1% |
| Total | 323 | 219 | 99.6 | 670 | 27.5% |
Top Export Markets for Maleic Anhydride from Singapore in 2022:
- India (100.2 tons)
- Indonesia (100.0 tons)
- Japan (75.6 tons)
- United States (50.1 tons)
- Malaysia (0.9 tons)
This report provides an in-depth analysis of the maleic anhydride 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 20143387 - Maleic anhydride
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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