Report Update: May 1, 2024

Singapore - Benzoyl Peroxide And Benzoyl Chloride - Market Analysis, Forecast, Size, Trends And Insights

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Price for Benzoyl Peroxide and Chloride in Singapore - 2022

Price for Benzoyl Peroxide and Chloride in Singapore (CIF) - 2022

In 2022, the average benzoyl peroxide and chloride import price amounted to $6,047 per ton, surging by 37% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $7,536 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($11,553 per ton), while the price for China ($2,618 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+44.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Benzoyl Peroxide and Chloride in Singapore (FOB) - 2022

In 2022, the average benzoyl peroxide and chloride export price amounted to $7,329 per ton, with an increase of 50% against the previous year. Overall, the export price posted a prominent increase. The growth pace was the most rapid in 2017 an increase of 78% against the previous year. As a result, the export price reached the peak level of $15,480 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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 the Philippines ($92,000 per ton), while the average price for exports to Malaysia ($4,235 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 Philippines (+57.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Benzoyl Peroxide and Chloride in Singapore

In 2022, supplies from abroad of benzoyl peroxide and benzoyl chloride decreased by -34.2% to 87 tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 97%. As a result, imports attained the peak of 155 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, benzoyl peroxide and chloride imports shrank to $528K in 2022. In general, imports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of $673K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Benzoyl Peroxide and Chloride in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	N/A	30.1	88.4	176	141.8%
United States	326	233	169	123	-27.7%
Germany	19.4	14.5	70.3	116	81.5%
Taiwan (Chinese)	N/A	N/A	N/A	40.0	0%
China	114	155	166	31.9	-34.6%
South Korea	20.5	20.2	29.0	22.4	3.0%
Indonesia	21.5	44.0	12.3	16.6	-8.3%
Japan	34.4	87.9	16.9	N/A	-29.9%
Others	10.0	88.3	33.5	1.1	-52.1%
Total	546	673	585	528	-1.1%

Top Suppliers of Benzoyl Peroxide and Chloride to Singapore in 2022:

Germany (21.0 tons)
Mexico (18.1 tons)
United States (15.1 tons)
Taiwan (Chinese) (13.5 tons)
China (12.2 tons)
South Korea (5.7 tons)
Indonesia (1.4 tons)

Exports of Benzoyl Peroxide and Chloride in Singapore

After three years of growth, overseas shipments of benzoyl peroxide and benzoyl chloride decreased by -54.5% to 27 tons in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 897%.

In value terms, benzoyl peroxide and chloride exports plummeted to $195K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 163% against the previous year.

Export of Benzoyl Peroxide and Chloride in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	0.6	50.7	119	78.1	406.8%
Australia	N/A	3.5	55.3	69.7	346.3%
Thailand	21.7	20.7	17.5	16.7	-8.4%
Taiwan (Chinese)	0.3	6.5	19.3	16.0	276.4%
New Zealand	N/A	N/A	44.9	N/A	0%
Sri Lanka	N/A	40.9	24.0	N/A	-41.3%
Others	34.7	28.1	5.5	14.2	-25.8%
Total	57.2	150	285	195	50.5%

Top Export Markets for Benzoyl Peroxide and Chloride from Singapore in 2022:

Malaysia (18.4 tons)
Taiwan (Chinese) (3.2 tons)
Australia (3.1 tons)
Thailand (1.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for benzoyl peroxide and chloride 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 20143365 - Benzoyl peroxide and benzoyl chloride

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