Singapore - Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Benzol, Toluol and Xylol in Singapore - 2022
Contents:
- Price for Benzol, Toluol and Xylol in Singapore (CIF) - 2022
- Price for Benzol, Toluol and Xylol in Singapore (FOB) - 2022
- Imports of Benzol, Toluol and Xylol in Singapore
- Exports of Benzol, Toluol and Xylol in Singapore
Price for Benzol, Toluol and Xylol in Singapore (CIF) - 2022
The average benzol, toluol and xylol import price stood at $1,649 per ton in September 2022, dropping by -4.7% against the previous month. Overall, import price indicated noticeable growth from September 2021 to September 2022: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, benzol, toluol and xylol import price increased by +21.1% against March 2022 indices. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 20% m-o-m. The import price peaked at $1,731 per ton in August 2022, and then dropped modestly in the following month.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the country with the highest price was Malaysia ($2,101 per ton), while the price for Thailand ($1,471 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Benzol, Toluol and Xylol in Singapore (FOB) - 2022
The average benzol, toluol and xylol export price stood at $2,334 per ton in September 2022, with an increase of 25% against the previous month. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 97% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,552 per ton in May 2022; however, from June 2022 to September 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was Malaysia ($4,245 per ton), while the average price for exports to Bangladesh ($2,133 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Benzol, Toluol and Xylol in Singapore
In 2022, benzol, toluol and xylol imports into Singapore skyrocketed to 32K tons, jumping by 33% compared with 2021 figures. Overall, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 211% against the previous year. As a result, imports attained the peak of 73K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, benzol, toluol and xylol imports surged to $29M in 2022. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 96%. As a result, imports attained the peak of $36M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Benzol, Toluol and Xylol in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 2.7 | 27.1 | 15.8 | 27.0 | 115.4% |
South Korea | 9.8 | 5.2 | 0.3 | 1.5 | -46.5% |
Japan | 5.3 | N/A | N/A | N/A | 0% |
Others | 0.5 | 3.6 | 0.1 | 0.2 | -26.3% |
Total | 18.2 | 35.8 | 16.2 | 28.8 | 16.5% |
Top Suppliers of Benzol, Toluol and Xylol to Singapore in 2022:
- Japan (undefinedK tons)
- Thailand (30.2K tons)
- South Korea (1.6K tons)
Exports of Benzol, Toluol and Xylol in Singapore
For the third consecutive year, Singapore recorded decline in shipments abroad of benzol (benzene), toluol (toluene) and xylol (xylenes), which decreased by -1.8% to 2.2K tons in 2022. Over the period under review, exports recorded a precipitous setback.
In value terms, benzol, toluol and xylol exports soared to $3M in 2022. Overall, exports saw a dramatic descent.
Export of Benzol, Toluol and Xylol in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 410 | 299 | 880 | 1,049 | 36.8% |
Bangladesh | 36.5 | 57.5 | 625 | 687 | 166.0% |
Malaysia | 503 | 580 | 264 | 467 | -2.4% |
Sri Lanka | 64.4 | 19.4 | 102 | 362 | 77.8% |
Australia | 286 | 260 | 319 | 316 | 3.4% |
India | 123 | N/A | N/A | 48.2 | -26.8% |
Myanmar | 152 | 83.8 | 112 | 17.4 | -51.4% |
Indonesia | 255 | 201 | 26.2 | 1.5 | -81.9% |
Thailand | 17,794 | 5,130 | 1.7 | 0.9 | -96.3% |
Kenya | 291 | 35.2 | N/A | N/A | -87.9% |
Nigeria | 243 | N/A | N/A | N/A | 0% |
Ethiopia | 163 | 9.8 | N/A | N/A | -94.0% |
Others | 379 | 211 | 102 | 73.9 | -42.0% |
Total | 20,702 | 6,888 | 2,432 | 3,022 | -47.3% |
Top Export Markets for Benzol, Toluol and Xylol from Singapore in 2022:
- New Zealand (607.3 tons)
- Malaysia (460.8 tons)
- Bangladesh (436.6 tons)
- India (256.5 tons)
- Sri Lanka (222.3 tons)
- Australia (164.7 tons)
- Myanmar (14.4 tons)
- Indonesia (1.8 tons)
- Thailand (0.3 tons)
This report provides an in-depth analysis of the market for benzol, toluol and xylol 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 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)
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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In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
Explore the top import markets for oils from coal tar, including the Netherlands, Belgium, and Ecuador. Get key statistics and data from the IndexBox market intelligence platform.
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...