Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore - 2022
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore (CIF) - 2022
In September 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $25,707 per ton, reducing by -10.6% against the previous month. Over the period under review, the import price, however, recorded a measured increase. The pace of growth appeared the most rapid in April 2022 an increase of 76% m-o-m. As a result, import price attained the peak level of $47,230 per ton. From May 2022 to September 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2021 to September 2022, the rate of growth in terms of prices for China amounted to +7.8% per month.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore (FOB) - 2022
In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $71,153 per ton, rising by 2.9% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2015 an increase of 5.4% against the previous year. The export price peaked at $134,274 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($114,755 per ton), while the average price for exports to Malaysia ($14,894 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 the United States (-1.9%), while the prices for the other major destinations experienced a decline.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore
For the fourth consecutive year, Singapore recorded growth in purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, which increased by 55% to 317 tons in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses declined to $1.6M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 32%.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 731 | 579 | 1,253 | 1,103 | 14.7% |
| Japan | 98.0 | 118 | 107 | 93.5 | -1.6% |
| Netherlands | 10.4 | 12.6 | 34.3 | 30.2 | 42.7% |
| Others | 200 | 663 | 223 | 365 | 22.2% |
| Total | 1,039 | 1,373 | 1,617 | 1,592 | 15.3% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Singapore in 2022:
- China (301.6 tons)
- Japan (5.3 tons)
- Netherlands (5.2 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore
In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses exported from Singapore contracted to 1.8 tons, declining by -6.2% against the previous year's figure. Overall, exports saw a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses fell modestly to $129K in 2022. In general, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 944 | 0.1 | 107 | 90.1 | -54.3% |
| Vietnam | 145 | 9.4 | 5.3 | 10.1 | -58.9% |
| Thailand | 115 | 21.4 | 1.1 | 7.9 | -59.0% |
| Philippines | 93.7 | 17.4 | 1.9 | 6.7 | -58.5% |
| Indonesia | 46.3 | 37.1 | 2.1 | 5.2 | -51.8% |
| United States | 5.8 | 1.3 | 5.8 | 4.9 | -5.5% |
| Malaysia | 12.9 | 1.1 | 5.1 | 4.3 | -30.7% |
| Japan | 57.3 | N/A | N/A | N/A | 0% |
| India | 126 | N/A | 5.2 | N/A | -79.7% |
| Others | 6.4 | 4.9 | 0.6 | N/A | -69.4% |
| Total | 1,553 | 92.6 | 134 | 129 | -56.4% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Singapore in 2022:
- China (959.0 kg)
- Malaysia (290.0 kg)
- Philippines (176.0 kg)
- Indonesia (126.0 kg)
- Vietnam (119.0 kg)
- Thailand (103.0 kg)
- United States (43.0 kg)
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