Price for Cellulose Acetates; Plasticised, in Primary Forms in Singapore - 2023
Contents:
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Singapore (CIF) - 2022
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Singapore (FOB) - 2022
- Imports of Cellulose Acetates; Plasticised, in Primary Forms in Singapore
- Exports of Cellulose Acetates; Plasticised, in Primary Forms in Singapore
Price for Cellulose Acetates; Plasticised, in Primary Forms in Singapore (CIF) - 2022
The average import price for cellulose acetates; plasticised, in primary formses stood at $10,556 per ton in 2022, jumping by 105% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 328% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 Germany ($17,204 per ton), while the price for Thailand ($4,715 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+74.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cellulose Acetates; Plasticised, in Primary Forms in Singapore (FOB) - 2022
The average export price for cellulose acetates; plasticised, in primary formses stood at $12,530 per ton in 2022, reducing by -39.5% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 271%. Over the period under review, the average export prices hit record highs at $26,530 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($28,605 per ton), while the average price for exports to India ($7,591 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 Hong Kong SAR (+47.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cellulose Acetates; Plasticised, in Primary Forms in Singapore
For the third consecutive year, Singapore recorded decline in overseas purchases of cellulose acetates; plasticised, in primary formses, which decreased by -47.8% to 19 tons in 2022. Over the period under review, imports showed a sharp slump. The smallest decline of -40.8% was in 2021.
In value terms, imports of cellulose acetates; plasticised, in primary formses stood at $200K in 2022. Overall, imports showed a abrupt downturn.
| Import of Cellulose Acetates; Plasticised, in Primary Forms in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 326 | 78.5 | 7.7 | 81.5 | -37.0% |
| Malaysia | N/A | 102 | 99.4 | 51.2 | -29.2% |
| United States | 25.4 | 51.4 | 56.9 | 50.3 | 25.6% |
| Germany | 6.2 | 4.8 | 8.4 | 5.7 | -2.8% |
| Thailand | 12.8 | 0.4 | 10.2 | 5.0 | -26.9% |
| China | 6.5 | 13.9 | 2.0 | 0.9 | -48.3% |
| Others | N/A | 0.6 | 2.6 | 5.7 | 208.2% |
| Total | 377 | 252 | 187 | 200 | -19.0% |
Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Singapore in 2022:
- Malaysia (7.8 tons)
- Taiwan (Chinese) (5.5 tons)
- United States (3.8 tons)
- Thailand (1.1 tons)
- Germany (0.3 tons)
- China (0.2 tons)
Exports of Cellulose Acetates; Plasticised, in Primary Forms in Singapore
In 2022, exports of cellulose acetates; plasticised, in primary formses from Singapore surged to 9.7 tons, rising by 134% on 2021 figures. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 283% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of cellulose acetates; plasticised, in primary formses surged to $121K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 129% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Cellulose Acetates; Plasticised, in Primary Forms in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 36.4 | 17.3 | 65.4 | 42.9 | 5.6% |
| Indonesia | 0.9 | N/A | 12.8 | 37.8 | 247.6% |
| India | N/A | N/A | 0.4 | 36.9 | 9125.0% |
| Vietnam | N/A | 1.8 | N/A | 2.4 | 15.5% |
| Hong Kong SAR | N/A | N/A | 6.0 | N/A | 0% |
| Germany | 8.7 | N/A | N/A | N/A | 0% |
| Malaysia | 6.2 | 13.7 | N/A | N/A | 121.0% |
| Mauritius | N/A | 80.8 | N/A | N/A | 0% |
| Others | N/A | 6.0 | 1.0 | 1.1 | -57.2% |
| Total | 52.2 | 120 | 85.6 | 121 | 32.3% |
Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Singapore in 2022:
- India (4.9 tons)
- Indonesia (3.0 tons)
- Philippines (1.5 tons)
- Vietnam (0.2 tons)
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Singapore.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Singapore.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
