Singapore - Lauric Acid And Others, Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lauric Acid and Other Acids, Their Salts and Esters in Singapore - 2022
Contents:
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Singapore (CIF) - 2022
- Price for Lauric Acid and Other Acids, Their Salts and Esters in Singapore (FOB) - 2022
- Imports of Lauric Acid and Other Acids, Their Salts and Esters in Singapore
- Exports of Lauric Acid and Other Acids, Their Salts and Esters in Singapore
Price for Lauric Acid and Other Acids, Their Salts and Esters in Singapore (CIF) - 2022
The average import price for lauric acid and other acids, their salts and esters stood at $6,864 per ton in 2022, with a decrease of -21.9% against the previous year. Overall, the import price, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 an increase of 123%. As a result, import price attained the peak level of $8,792 per ton, and then fell sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($24,389 per ton), while the price for the United States ($2,970 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lauric Acid and Other Acids, Their Salts and Esters in Singapore (FOB) - 2022
In September 2022, the average export price for lauric acid and other acids, their salts and esters amounted to $5,418 per ton, waning by -8% against the previous month. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in January 2022 an increase of 1,780% against the previous month. As a result, the export price reached the peak level of $68,125 per ton. From February 2022 to September 2022, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($15,130 per ton), while the average price for exports to Japan ($3,979 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 Taiwan (Chinese) (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lauric Acid and Other Acids, Their Salts and Esters in Singapore
In 2022, approx. 18K tons of lauric acid and other acids, their salts and esters were imported into Singapore; picking up by 12% on 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of lauric acid and other acids, their salts and esters declined to $123M in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 203%. As a result, imports attained the peak of $141M, and then fell in the following year.
| Import of Lauric Acid and Other Acids, Their Salts and Esters in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.8 | 10.5 | 66.6 | 49.4 | 117.5% |
| United States | 18.5 | 15.5 | 22.5 | 38.9 | 28.1% |
| China | 2.8 | 2.2 | 27.5 | 12.2 | 63.3% |
| Indonesia | 7.1 | 6.6 | 7.6 | 9.8 | 11.3% |
| Malaysia | 3.6 | 2.4 | 3.9 | 6.9 | 24.2% |
| Others | 7.7 | 9.3 | 12.8 | 6.3 | -6.5% |
| Total | 44.6 | 46.5 | 141 | 123 | 40.2% |
Top Suppliers of Lauric Acid and Other Acids, Their Salts and Esters to Singapore in 2022:
- United States (13.1K tons)
- India (2.0K tons)
- Malaysia (1.6K tons)
- Indonesia (1.4K tons)
- China (0.6K tons)
Exports of Lauric Acid and Other Acids, Their Salts and Esters in Singapore
Exports of lauric acid and other acids, their salts and esters from Singapore was estimated at 13K tons in 2022, picking up by 8% on 2021 figures. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of lauric acid and other acids, their salts and esters dropped to $109M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 236%. As a result, the exports reached the peak of $124M, and then shrank in the following year.
| Export of Lauric Acid and Other Acids, Their Salts and Esters in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 0.3 | 53.8 | 17833.3% |
| China | 7.0 | 10.3 | 44.1 | 21.9 | 46.3% |
| South Korea | 6.1 | 4.9 | 11.2 | 6.8 | 3.7% |
| Thailand | 3.8 | 4.3 | 11.6 | 4.5 | 5.8% |
| Japan | 1.9 | 2.1 | 6.4 | 3.3 | 20.2% |
| Pakistan | 1.7 | 1.6 | 4.8 | 2.7 | 16.7% |
| India | 1.6 | 1.4 | 3.0 | 2.2 | 11.2% |
| Taiwan (Chinese) | 0.6 | 2.3 | 6.8 | 2.0 | 49.4% |
| Others | 8.9 | 10.0 | 36.4 | 11.6 | 9.2% |
| Total | 31.6 | 37.0 | 124 | 109 | 51.1% |
Top Export Markets for Lauric Acid and Other Acids, Their Salts and Esters from Singapore in 2022:
- China (7.1K tons)
- United Arab Emirates (6.0K tons)
- South Korea (2.1K tons)
- Japan (1.0K tons)
- India (0.7K tons)
- Thailand (0.6K tons)
- Pakistan (0.3K tons)
- Taiwan (Chinese) (0.3K tons)
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters 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 20143280 - Lauric acid and others, salts and esters
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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