Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore - 2022
Contents:
- Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (CIF) - 2022
- Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (FOB) - 2022
- Imports of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore
- Exports of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore
Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (CIF) - 2022
In September 2022, the average import price for ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) amounted to $2,807 per ton, declining by -1.6% against the previous month. Overall, import price indicated a notable increase from September 2021 to September 2022: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) decreased by -4.9% against April 2022 indices. The most prominent rate of growth was recorded in December 2021 an increase of 33% month-to-month. Over the period under review, average import prices hit record highs at $3,449 per ton in February 2022; however, from March 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was South Korea ($3,741 per ton), while the price for Italy ($759 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 the United States (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (FOB) - 2022
The average export price for ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) stood at $2,133 per ton in 2022, increasing by 5.3% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) increased by +63.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($2,572 per ton) and Malaysia ($2,411 per ton), while the average price for exports to China ($1,891 per ton) and Thailand ($1,949 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore
For the fourth year in a row, Singapore recorded growth in supplies from abroad of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol), which increased by 8.6% to 54K tons in 2022. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) surged to $118M in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.4 | 20.9 | 22.1 | 62.9 | 39.0% |
| Saudi Arabia | 14.2 | 11.0 | 20.9 | 13.7 | -1.2% |
| South Korea | 4.6 | 3.9 | 5.7 | 10.7 | 32.5% |
| Thailand | 4.0 | 4.7 | 7.2 | 9.2 | 32.0% |
| Taiwan (Chinese) | 4.4 | 4.0 | 5.1 | 5.4 | 7.1% |
| China | 1.6 | 2.2 | 6.9 | 5.1 | 47.2% |
| Netherlands | 0.9 | 0.4 | 1.1 | 1.8 | 26.0% |
| Malaysia | 1.6 | 1.2 | 3.8 | 1.7 | 2.0% |
| Others | 6.9 | 7.1 | 8.4 | 7.1 | 1.0% |
| Total | 61.5 | 55.5 | 81.1 | 118 | 24.3% |
Top Suppliers of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Singapore in 2022:
- United States (30.4K tons)
- Saudi Arabia (6.8K tons)
- Thailand (4.1K tons)
- South Korea (4.1K tons)
- Taiwan (Chinese) (2.5K tons)
- China (1.9K tons)
- Netherlands (1.2K tons)
- Malaysia (0.9K tons)
Exports of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore
In 2022, approx. 40K tons of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) were exported from Singapore; shrinking by -2.4% on 2021. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of 41K tons, and then dropped slightly in the following year.
In value terms, exports of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) totaled $85M in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 8.4 | 9.7 | 13.4 | 13.9 | 18.3% |
| Thailand | 6.4 | 6.8 | 13.5 | 13.9 | 29.5% |
| Vietnam | 5.0 | 5.3 | 10.5 | 8.5 | 19.3% |
| Malaysia | 5.0 | 5.3 | 9.9 | 7.9 | 16.5% |
| Japan | 1.4 | 1.2 | 1.9 | 7.6 | 75.7% |
| Philippines | 2.9 | 2.7 | 7.9 | 7.3 | 36.0% |
| India | 2.1 | 2.9 | 4.8 | 7.1 | 50.1% |
| China | 8.4 | 7.3 | 8.8 | 6.3 | -9.1% |
| Taiwan (Chinese) | 1.0 | 1.2 | 1.5 | 3.7 | 54.7% |
| Australia | 1.7 | 0.7 | 2.1 | 1.7 | 0.0% |
| Bangladesh | 2.3 | 1.0 | 1.4 | 1.4 | -15.3% |
| South Korea | 0.8 | 1.0 | 1.1 | 1.2 | 14.5% |
| Others | 2.4 | 1.8 | 6.3 | 4.6 | 24.2% |
| Total | 47.8 | 46.8 | 82.9 | 85.2 | 21.2% |
Top Export Markets for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Singapore in 2022:
- Thailand (7.1K tons)
- Indonesia (6.2K tons)
- Vietnam (4.2K tons)
- Philippines (3.6K tons)
- China (3.4K tons)
- Malaysia (3.3K tons)
- India (3.0K tons)
- Japan (3.0K tons)
- Taiwan (Chinese) (1.7K tons)
- Australia (0.9K tons)
- South Korea (0.9K tons)
- Bangladesh (0.8K tons)
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