Report Update: May 1, 2024

Singapore - Finishing Agents Used In The Paper Industry - Market Analysis, Forecast, Size, Trends And Insights

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Price for Paper Industry Finishing Agents in Singapore - 2022

Price for Paper Industry Finishing Agents in Singapore (FOB) - 2022

The average paper industry finishing agents export price stood at $2,189 per ton in 2022, declining by -4.3% against the previous year. In general, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs at $2,935 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($2,358 per ton) and Thailand ($2,254 per ton), while the average price for exports to Taiwan (Chinese) ($1,671 per ton) and India ($2,140 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 China (+0.5%), while the prices for the other major destinations experienced a decline.

Price for Paper Industry Finishing Agents in Singapore (CIF) - 2022

In 2022, the average paper industry finishing agents import price amounted to $1,704 per ton, waning by -5.4% against the previous year. In general, the import price continues to indicate a slight setback. The pace of growth was the most pronounced in 2020 an increase of 30%. Over the period under review, average import prices attained the maximum at $2,680 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($1,920 per ton) and Sweden ($1,743 per ton), while the price for South Korea ($1,681 per ton) and China ($1,681 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Paper Industry Finishing Agents in Singapore

In 2022, the amount of finishing agents used in the paper industry exported from Singapore fell slightly to 12K tons, remaining constant against 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of 12K tons, leveling off in the following year.

In value terms, paper industry finishing agents exports fell slightly to $27M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, the exports reached the peak of $28M, and then dropped modestly in the following year.

Export of Paper Industry Finishing Agents in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	9.9	8.3	12.4	10.6	2.3%
China	7.6	6.7	7.0	6.6	-4.6%
Thailand	2.7	5.7	1.5	3.2	5.8%
Pakistan	0.6	0.9	1.2	1.1	22.4%
Taiwan (Chinese)	1.0	1.3	1.0	1.0	0.0%
Philippines	0.7	0.3	1.1	1.0	12.6%
Vietnam	0.8	0.7	1.2	1.0	7.7%
Australia	0.5	0.4	1.0	0.8	17.0%
India	0.5	0.3	0.7	0.6	6.3%
Malaysia	0.4	0.4	0.6	0.5	7.7%
Others	0.8	0.7	0.9	0.8	0.0%
Total	25.4	25.8	28.4	27.1	2.2%

Top Export Markets for Paper Industry Finishing Agents from Singapore in 2022:

Indonesia (5.0K tons)
China (2.8K tons)
Thailand (1.4K tons)
Taiwan (Chinese) (0.6K tons)
Pakistan (0.5K tons)
Philippines (0.5K tons)
Vietnam (0.5K tons)
Australia (0.4K tons)
India (0.3K tons)
Malaysia (0.2K tons)

Imports of Paper Industry Finishing Agents in Singapore

In 2022, after three years of growth, there was decline in purchases abroad of finishing agents used in the paper industry, when their volume decreased by -2.4% to 3.6K tons. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports reached the peak of 3.7K tons, and then shrank slightly in the following year.

In value terms, paper industry finishing agents imports declined to $6.2M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year.

Import of Paper Industry Finishing Agents in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	713	989	3,067	2,593	53.8%
Finland	205	1,445	1,022	864	61.5%
United States	1,256	1,129	593	675	-18.7%
United Kingdom	0.4	152	598	506	981.5%
South Korea	186	49.8	476	403	29.4%
Thailand	596	821	235	350	-16.3%
Sweden	688	197	59.2	234	-30.2%
Taiwan (Chinese)	74.4	168	250	211	41.5%
Indonesia	108	365	177	150	11.6%
Others	363	385	244	225	-14.7%
Total	4,191	5,700	6,722	6,211	14.0%

Top Suppliers of Paper Industry Finishing Agents to Singapore in 2022:

China (1542.5 tons)
Finland (513.9 tons)
United States (351.8 tons)
United Kingdom (300.8 tons)
South Korea (239.6 tons)
Thailand (206.1 tons)
Sweden (134.4 tons)
Taiwan (Chinese) (125.5 tons)
Indonesia (111.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for paper industry finishing agents 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 20595580 - Finishing agents, etc., used in the paper industry

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