Singapore - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phenols and Other Oils and Oil Products in Singapore - 2022
Contents:
- Price for Phenols and Other Oils and Oil Products in Singapore (CIF) - 2022
- Price for Phenols and Other Oils and Oil Products in Singapore (FOB) - 2022
- Imports of Phenols and Other Oils and Oil Products in Singapore
- Exports of Phenols and Other Oils and Oil Products in Singapore
Price for Phenols and Other Oils and Oil Products in Singapore (CIF) - 2022
The average import price for phenols and other oils and oil products stood at $1,187 per ton in September 2022, declining by -16.3% against the previous month. Overall, the import price, however, posted modest growth. The pace of growth was the most pronounced in April 2022 when the average import price increased by 28% against the previous month. Over the period under review, average import prices reached the peak figure at $1,494 per ton in July 2022; however, from August 2022 to September 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the countries with the highest prices were Malaysia ($1,639 per ton) and Indonesia ($1,412 per ton), while the price for India ($1,100 per ton) and South Korea ($1,121 per ton) were amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phenols and Other Oils and Oil Products in Singapore (FOB) - 2022
In September 2022, the average export price for phenols and other oils and oil products amounted to $886 per ton, increasing by 7.7% against the previous month. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 59% month-to-month. The export price peaked at $1,372 per ton in May 2022; however, from June 2022 to September 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Indonesia ($6,205 per ton), while the average price for exports to China ($710 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 Indonesia (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phenols and Other Oils and Oil Products in Singapore
In 2022, imports of phenols and other oils and oil products into Singapore skyrocketed to 578K tons, picking up by 119% against the previous year's figure. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of phenols and other oils and oil products skyrocketed to $506M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Phenols and Other Oils and Oil Products in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 7.3 | 17.9 | 18.9 | 303 | 246.2% |
Indonesia | N/A | 7.8 | 19.9 | 60.3 | 178.0% |
Thailand | 23.4 | 21.8 | 50.8 | 60.1 | 36.9% |
India | N/A | 5.3 | N/A | 43.7 | 187.1% |
United Arab Emirates | N/A | N/A | N/A | 19.8 | 0% |
Malaysia | 9.9 | 7.6 | 31.3 | 9.8 | -0.3% |
Philippines | 37.8 | 18.6 | 12.9 | 2.0 | -62.5% |
Japan | 34.7 | 28.2 | 21.6 | N/A | -21.1% |
Australia | 7.9 | N/A | N/A | N/A | 0% |
Others | 0.6 | 5.6 | 1.9 | 7.3 | 130.0% |
Total | 122 | 113 | 157 | 506 | 60.7% |
Top Suppliers of Phenols and Other Oils and Oil Products to Singapore in 2022:
- South Korea (346.4K tons)
- Indonesia (67.0K tons)
- Thailand (64.4K tons)
- India (48.7K tons)
- Malaysia (20.9K tons)
- United Arab Emirates (20.0K tons)
- Philippines (3.1K tons)
Exports of Phenols and Other Oils and Oil Products in Singapore
In 2022, shipments abroad of phenols and other oils and oil products decreased by -70.4% to 180K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 141%.
In value terms, exports of phenols and other oils and oil products dropped dramatically to $105M in 2022. Overall, exports, however, posted resilient growth. The growth pace was the most rapid in 2020 when exports increased by 124%.
Export of Phenols and Other Oils and Oil Products in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2.9 | 2.5 | 35.3 | 36.2 | 132.0% |
Indonesia | 11.9 | 52.8 | 11.8 | 21.9 | 22.5% |
South Korea | 4.1 | 3.0 | 49.8 | 17.2 | 61.3% |
Malaysia | 32.0 | 33.8 | 71.7 | 10.3 | -31.5% |
Thailand | 2.3 | 8.5 | 2.9 | 6.9 | 44.2% |
China | 24.2 | 93.4 | 89.6 | 5.7 | -38.2% |
Taiwan (Chinese) | 9.2 | 5.6 | 5.5 | 5.1 | -17.9% |
Others | 3.2 | 1.7 | 2.1 | 1.8 | -17.5% |
Total | 89.9 | 201 | 269 | 105 | 5.3% |
Top Export Markets for Phenols and Other Oils and Oil Products from Singapore in 2022:
- India (54.8K tons)
- Indonesia (39.1K tons)
- South Korea (38.1K tons)
- Malaysia (16.3K tons)
- Thailand (12.8K tons)
- China (9.6K tons)
- Taiwan (Chinese) (6.8K tons)
This report provides an in-depth analysis of the market for phenols and other oils and oil products 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 20147360 - Phenols
- Prodcom 20147390 - Other oils and oil products, n.e.c.
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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In 2016, the global basic chemical imports amounted to X tons, lowering by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 t...
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