Singapore - Unsaturated Polyesters In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

Singapore - Unsaturated Polyesters In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Unsaturated Polyesters in Primary Forms in Singapore - 2022

Contents:

  1. Price for Unsaturated Polyesters in Primary Forms in Singapore (FOB) - 2022
  2. Price for Unsaturated Polyesters in Primary Forms in Singapore (CIF) - 2022
  3. Exports of Unsaturated Polyesters in Primary Forms in Singapore
  4. Imports of Unsaturated Polyesters in Primary Forms in Singapore

Price for Unsaturated Polyesters in Primary Forms in Singapore (FOB) - 2022

The average export price for unsaturated polyesters in primary forms stood at $2,738 per ton in September 2022, shrinking by -9.1% against the previous month. Over the period under review, export price indicated tangible growth from September 2021 to September 2022: its price increased at an average monthly rate of +3.5% 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, unsaturated polyesters in primary forms export price decreased by -10.6% against July 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 27% against the previous month. Over the period under review, the average export prices attained the maximum at $3,237 per ton in April 2022; however, from May 2022 to September 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($4,473 per ton), while the average price for exports to Malaysia ($1,466 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 Australia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Unsaturated Polyesters in Primary Forms in Singapore (CIF) - 2022

The average import price for unsaturated polyesters in primary forms stood at $8,157 per ton in September 2022, surging by 80% against the previous month. Overall, the import price saw a noticeable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($20,988 per ton), while the price for Indonesia ($2,007 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 UK (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Unsaturated Polyesters in Primary Forms in Singapore

In 2022, approx. 24K tons of unsaturated polyesters in primary forms were exported from Singapore; which is down by -6.3% against the year before. In general, exports continue to indicate a perceptible downturn. The smallest decline of -1.5% was in 2021.

In value terms, unsaturated polyesters in primary forms exports expanded remarkably to $50M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Unsaturated Polyesters in Primary Forms in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam18.915.318.718.90.0%
Australia0.90.81.46.896.2%
Malaysia8.16.58.65.9-10.0%
Philippines6.04.54.44.3-10.5%
Japan2.22.12.43.415.6%
United StatesN/AN/A2.83.07.1%
Indonesia3.11.92.21.9-15.1%
South Africa0.70.50.81.528.9%
Maldives0.90.71.01.16.9%
Thailand0.60.91.40.75.3%
Others1.82.12.32.410.1%
Total43.235.445.949.84.9%

Top Export Markets for Unsaturated Polyesters in Primary Forms from Singapore in 2022:

  1. Vietnam (9.8K tons)
  2. Malaysia (4.0K tons)
  3. Philippines (2.9K tons)
  4. Australia (1.9K tons)
  5. Japan (1.6K tons)
  6. South Africa (0.6K tons)
  7. Indonesia (0.6K tons)
  8. United States (0.6K tons)
  9. Maldives (0.4K tons)
  10. Thailand (0.3K tons)

Imports of Unsaturated Polyesters in Primary Forms in Singapore

In 2022, supplies from abroad of unsaturated polyesters in primary forms decreased by -9.1% to 2.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 9.2% against the previous year. As a result, imports attained the peak of 2.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, unsaturated polyesters in primary forms imports declined to $8M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year.

Import of Unsaturated Polyesters in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1,1701,3391,1361,58210.6%
Germany1,2312,2312,5601,3623.4%
United States8917245339672.8%
Thailand7967581,0769506.1%
China35937273884332.9%
United Kingdom9941,316785562-17.3%
India13711.715526524.6%
Vietnam1781113301912.4%
Taiwan (Chinese)47419935287.1-43.1%
Others7191,3521,2901,20518.8%
Total6,9508,4138,9568,0124.9%

Top Suppliers of Unsaturated Polyesters in Primary Forms to Singapore in 2022:

  1. Malaysia (938.2 tons)
  2. Thailand (396.3 tons)
  3. China (234.9 tons)
  4. Germany (129.6 tons)
  5. Vietnam (72.3 tons)
  6. United States (55.1 tons)
  7. India (43.9 tons)
  8. United Kingdom (34.6 tons)
  9. Taiwan (Chinese) (24.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for unsaturated polyesters in primary forms 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 20164070 - Unsaturated liquid polyesters, in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate)
  • Prodcom 20164080 - Unsaturated polyesters, in primary forms (excluding liquid polyesters, polyacetals, polyethers, epoxide resins, p olycarbonates, alkyd resins, polyethylene terephthalate)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Polyesters; n.e.s. in heading no. 3907, unsaturated, in primary forms - Singapore