Report Update: Apr 1, 2024

Singapore - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Odoriferous Substance Mixture Price in Singapore - 2022

Odoriferous Substance Mixture Price in Singapore (FOB) - 2022

The average odoriferous substance mixture export price stood at $26,075 per ton in September 2022, shrinking by -11% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 16% m-o-m. As a result, the export price attained the peak level of $29,311 per ton, and then reduced in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($57,731 per ton), while the average price for exports to Myanmar ($17,552 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Price in Singapore (CIF) - 2022

In September 2022, the average odoriferous substance mixture import price amounted to $24,069 per ton, shrinking by -5.1% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 when the average import price increased by 14% m-o-m. Over the period under review, average import prices attained the peak figure at $26,929 per ton in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Switzerland ($70,888 per ton), while the price for Belgium ($8,150 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Odoriferous Substance Mixture Exports in Singapore

In 2022, approx. 116K tons of mixtures of odoriferous substances and their preparations were exported from Singapore; picking up by 4.5% compared with the year before. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 6.6%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, odoriferous substance mixture exports stood at $2.2B in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 8.3%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Odoriferous Substance Mixture in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	365	372	410	415	4.4%
Vietnam	306	325	361	389	8.3%
Philippines	256	263	273	303	5.8%
Indonesia	243	239	235	249	0.8%
Malaysia	147	145	148	162	3.3%
Japan	102	107	135	131	8.7%
Australia	69.7	111	113	129	22.8%
South Korea	82.2	92.1	100	99.4	6.5%
China	92.6	80.4	84.8	72.8	-7.7%
Bangladesh	48.8	45.8	57.2	61.9	8.2%
Pakistan	24.3	44.9	50.8	49.2	26.5%
Myanmar	10.6	12.5	15.0	23.4	30.2%
Others	107	111	129	142	9.9%
Total	1,855	1,949	2,112	2,226	6.3%

Top Export Markets for Odoriferous Substance Mixture from Singapore in 2022:

Thailand (23.9K tons)
Vietnam (18.0K tons)
Indonesia (17.8K tons)
Philippines (15.7K tons)
Malaysia (8.0K tons)
Japan (6.9K tons)
China (4.2K tons)
South Korea (4.0K tons)
Pakistan (3.6K tons)
Bangladesh (2.9K tons)
Australia (2.6K tons)
Myanmar (1.9K tons)

Odoriferous Substance Mixture Imports in Singapore

In 2022, imports of mixtures of odoriferous substances and their preparations into Singapore amounted to 12K tons, with an increase of 11% against the previous year's figure. The total import volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, odoriferous substance mixture imports expanded markedly to $208M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 13%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Odoriferous Substance Mixture in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ireland	22.8	27.3	31.9	37.5	18.0%
United States	27.1	28.7	32.4	36.2	10.1%
Indonesia	15.8	17.9	25.8	26.6	19.0%
Switzerland	20.0	18.5	20.8	16.6	-6.0%
China	14.9	15.8	16.4	16.1	2.6%
Germany	12.7	11.5	12.8	13.6	2.3%
Malaysia	9.5	8.5	8.3	8.2	-4.8%
France	8.7	7.6	7.2	7.3	-5.7%
India	6.1	5.3	4.7	6.4	1.6%
Italy	3.0	3.3	3.0	5.0	18.6%
Thailand	0.6	0.5	1.0	1.0	18.6%
Others	30.6	24.9	27.4	33.0	2.5%
Total	172	170	192	208	6.5%

Top Suppliers of Odoriferous Substance Mixture to Singapore in 2022:

Indonesia (1926.7 tons)
China (1847.1 tons)
United States (1761.8 tons)
Ireland (1357.4 tons)
Germany (624.1 tons)
Switzerland (608.1 tons)
Malaysia (519.9 tons)
India (482.1 tons)
France (423.2 tons)
Italy (340.6 tons)
Thailand (297.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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