Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Singapore - 2022

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Singapore (CIF) - 2022
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Singapore (FOB) - 2022
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Singapore
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Singapore

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Singapore (CIF) - 2022

In 2022, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $10,657 per ton, shrinking by -23.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 32% against the previous year. As a result, import price reached the peak level of $13,968 per ton, and then fell markedly in the following year.

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 the United States ($23,797 per ton), while the price for Spain ($8,703 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Singapore (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $31,734 per ton in September 2022, picking up by 58% against the previous month. Overall, export price indicated a strong expansion from January 2022 to September 2022: its price increased at an average monthly rate of +6.6% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses increased by +57.8% against August 2022 indices. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 63% m-o-m. Over the period under review, the average export prices attained the maximum in September 2022.

Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($63,137 per ton), while the average price for exports to China ($17,801 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 South Korea (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Singapore

In 2022, purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -19.2% to 2.4K tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 11%. As a result, imports attained the peak of 3.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses contracted sharply to $26M in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of $42M, and then declined significantly in the following year.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Singapore in 2022:

1. India (1115.4 tons)
2. Norway (486.8 tons)
3. Spain (427.7 tons)
4. China (230.6 tons)
5. United States (81.3 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Singapore

In 2022, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses from Singapore reduced to 257 tons, dropping by -7% against the previous year's figure. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 23%.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses skyrocketed to $4.6M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Singapore in 2022:

1. Thailand (41.0 tons)
2. Malaysia (40.2 tons)
3. India (33.0 tons)
4. Japan (32.8 tons)
5. China (21.4 tons)
6. South Korea (18.6 tons)
7. Indonesia (18.5 tons)
8. Vietnam (7.7 tons)
9. Philippines (4.2 tons)
10. Australia (2.4 tons)
11. Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform