Singapore - Resinoids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingResinoids Price in Singapore - 2022
Contents:
- Resinoids Price in Singapore (CIF) - 2022
- Resinoids Price in Singapore (FOB) - 2022
- Resinoids Imports in Singapore
- Resinoids Exports in Singapore
Resinoids Price in Singapore (CIF) - 2022
In 2022, the average resinoids import price amounted to $22,257 per ton, jumping by 17% against the previous year. Overall, the import price, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 18%. The import price peaked at $34,798 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($152,291 per ton), while the price for China ($11,191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Resinoids Price in Singapore (FOB) - 2022
The average resinoids export price stood at $29,398 per ton in 2022, increasing by 5.9% against the previous year. Overall, the export price posted a strong expansion. The growth pace was the most rapid in 2018 an increase of 62% against the previous year. Over the period under review, the average export prices attained the maximum at $36,058 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($178,875 per ton), while the average price for exports to India ($15,972 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+41.3%), while the prices for the other major destinations experienced more modest paces of growth.
Resinoids Imports in Singapore
Resinoids imports into Singapore rose significantly to 100 tons in 2022, with an increase of 14% on the previous year's figure. In general, imports, however, faced a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year.
In value terms, resinoids imports soared to $2.2M in 2022. Overall, imports, however, showed a deep contraction.
| Import of Resinoids in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 249 | 324 | 344 | 510 | 27.0% |
| Indonesia | 2,461 | 656 | 288 | 496 | -41.4% |
| China | 14.4 | 3.3 | 3.5 | 384 | 198.8% |
| Madagascar | N/A | N/A | 480 | 286 | -40.4% |
| Spain | 278 | 147 | 194 | 188 | -12.2% |
| India | 113 | 54.3 | 35.5 | 87.2 | -8.3% |
| Malaysia | N/A | N/A | N/A | 58.8 | 0% |
| United Kingdom | 370 | 6.7 | 3.9 | 2.2 | -81.9% |
| Others | 295 | 217 | 315 | 216 | -9.9% |
| Total | 3,781 | 1,408 | 1,664 | 2,229 | -16.2% |
Top Suppliers of Resinoids to Singapore in 2022:
- China (34.3 tons)
- Indonesia (33.6 tons)
- Madagascar (20.0 tons)
- France (3.4 tons)
- Malaysia (2.8 tons)
- Spain (2.5 tons)
- India (2.0 tons)
- United Kingdom (0.1 tons)
Resinoids Exports in Singapore
Resinoids exports from Singapore soared to 13 tons in 2022, jumping by 55% compared with 2021. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, resinoids exports surged to $372K in 2022. Over the period under review, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Resinoids in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 74.1 | 22.8 | 95.6 | 87.2 | 5.6% |
| France | N/A | N/A | 1.5 | 58.5 | 3800.0% |
| Indonesia | 4.8 | 20.6 | 7.1 | 41.8 | 105.7% |
| Pakistan | N/A | 20.0 | 33.9 | 38.6 | 38.9% |
| Australia | 6.9 | 4.9 | 25.0 | 35.9 | 73.3% |
| Taiwan (Chinese) | 61.5 | 24.8 | 25.7 | 22.6 | -28.4% |
| Malaysia | 22.6 | 5.5 | 2.1 | 17.4 | -8.3% |
| Others | 61.4 | 45.4 | 35.6 | 69.6 | 4.3% |
| Total | 231 | 144 | 226 | 372 | 17.2% |
Top Export Markets for Resinoids from Singapore in 2022:
- India (5.5 tons)
- France (2.8 tons)
- Pakistan (2.0 tons)
- Indonesia (1.2 tons)
- Taiwan (Chinese) (0.5 tons)
- Australia (0.3 tons)
- Malaysia (0.2 tons)
This report provides an in-depth analysis of the resinoids market 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 20531030 - Resinoids
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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