Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $1,899 per ton, reducing by -8.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 38%. As a result, import price reached the peak level of $2,073 per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($31,125 per ton), while the price for Malaysia ($1,725 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 (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $2,109 per ton in 2022, falling by -9.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices hit record highs at $2,325 per ton in 2021, and then dropped in the following year.

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 Thailand ($9,000 per ton), while the average price for exports to Malaysia ($636 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 Thailand (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore

For the third consecutive year, Singapore recorded decline in purchases abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses, which decreased by -68.8% to 115 tons in 2022. Overall, imports showed a sharp curtailment. The smallest decline of -20.2% was in 2021.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses reduced remarkably to $218K in 2022. Over the period under review, imports faced a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia161314553139-4.8%
Taiwan (Chinese)47633218777.3-45.4%
United Kingdom6.136.921.20.7-51.4%
United States221N/AN/A0.2-90.3%
China67.07.5N/AN/A-88.8%
Others1.60.61.11.1-11.7%
Total933691763218-38.4%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Singapore in 2022:

  1. Malaysia (80.4 tons)
  2. Taiwan (Chinese) (33.9 tons)
  3. United Kingdom (0.3 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -84.6% to 1.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous curtailment. The growth pace was the most rapid in 2020 when exports increased by 237% against the previous year. As a result, the exports reached the peak of 33 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses shrank rapidly to $3K in 2022. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 160%. As a result, the exports reached the peak of $51K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.327.217.31.9-23.8%
Indonesia0.55.03.90.4-7.2%
Philippines8.6N/A0.10.3-67.3%
Malaysia0.318.5N/A0.30.0%
Taiwan (Chinese)3.4N/AN/AN/A0%
Others2.70.70.10.1-66.7%
Total19.851.421.43.0-46.7%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from Singapore in 2022:

  1. India (505.0 kg)
  2. Malaysia (481.0 kg)
  3. Indonesia (287.0 kg)
  4. Philippines (122.0 kg)

Source: IndexBox Market Intelligence Platform

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