Singapore - Styrene-Acrylonitrile (San) And Acrylonitrile-Butadiene-Styrene (Abs) Copolymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStyrene-Acrylonitrile Price in Singapore - 2022
Contents:
- Styrene-Acrylonitrile Price in Singapore (CIF) - 2022
- Styrene-Acrylonitrile Price in Singapore (FOB) - 2022
- Styrene-Acrylonitrile Imports in Singapore
- Styrene-Acrylonitrile Exports in Singapore
Styrene-Acrylonitrile Price in Singapore (CIF) - 2022
The average styrene-acrylonitrile import price stood at $3,531 per ton in September 2022, shrinking by -6.6% against the previous month. In general, import price indicated a pronounced increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, styrene-acrylonitrile import price decreased by -6.9% against June 2022 indices. The growth pace was the most rapid in January 2022 when the average import price increased by 28% against the previous month. Over the period under review, average import prices hit record highs at $3,793 per ton in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the United States ($7,653 per ton), while the price for Indonesia ($1,862 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 United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Styrene-Acrylonitrile Price in Singapore (FOB) - 2022
The average styrene-acrylonitrile export price stood at $4,311 per ton in September 2022, falling by -17.8% against the previous month. Overall, the export price, however, posted a noticeable increase. The pace of growth appeared the most rapid in May 2022 when the average export price increased by 55% against the previous month. The export price peaked at $5,247 per ton in August 2022, and then declined remarkably in the following month.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Vietnam ($7,631 per ton), while the average price for exports to Malaysia ($3,515 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 India (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Styrene-Acrylonitrile Imports in Singapore
In 2022, the amount of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) imported into Singapore dropped notably to 16K tons, shrinking by -48.2% compared with 2021 figures. Over the period under review, imports showed a sharp contraction. The smallest decline of -13.7% was in 2020.
In value terms, styrene-acrylonitrile imports dropped sharply to $38M in 2022. In general, imports showed a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
Import of Styrene-Acrylonitrile in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 53.8 | 35.8 | 28.7 | 9.4 | -44.1% |
Malaysia | 8.2 | 7.3 | 11.7 | 9.3 | 4.3% |
United States | 4.0 | 3.3 | 6.4 | 4.7 | 5.5% |
Japan | 3.9 | 4.4 | 3.7 | 3.3 | -5.4% |
China | 0.7 | 1.1 | 3.3 | 3.1 | 64.2% |
South Korea | 4.1 | 3.7 | 5.2 | 2.9 | -10.9% |
Taiwan (Chinese) | 1.6 | 1.3 | 2.9 | 1.5 | -2.1% |
Others | 3.8 | 2.2 | 3.8 | 4.1 | 2.6% |
Total | 80.2 | 59.0 | 65.7 | 38.3 | -21.8% |
Top Suppliers of Styrene-Acrylonitrile to Singapore in 2022:
- Saudi Arabia (4.6K tons)
- Malaysia (3.6K tons)
- United States (1.3K tons)
- Japan (1.2K tons)
- South Korea (1.2K tons)
- China (1.1K tons)
- Taiwan (Chinese) (0.7K tons)
Styrene-Acrylonitrile Exports in Singapore
In 2022, the amount of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) exported from Singapore contracted significantly to 15K tons, declining by -33.4% on the previous year. Overall, exports recorded a dramatic downturn. The smallest decline of -29.2% was in 2020.
In value terms, styrene-acrylonitrile exports contracted markedly to $42M in 2022. In general, exports faced a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 14%.
Export of Styrene-Acrylonitrile in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 7.6 | 6.9 | 10.7 | 16.6 | 29.7% |
Malaysia | 9.4 | 10.4 | 11.9 | 8.3 | -4.1% |
China | 37.3 | 23.7 | 23.4 | 7.8 | -40.6% |
Vietnam | 7.5 | 4.4 | 4.8 | 3.0 | -26.3% |
Thailand | 1.9 | 2.9 | 2.1 | 2.6 | 11.0% |
Hong Kong SAR | 2.5 | 1.3 | 0.6 | 0.5 | -41.5% |
Others | 2.4 | 2.4 | 5.7 | 3.0 | 7.7% |
Total | 68.5 | 52.1 | 59.3 | 41.8 | -15.2% |
Top Export Markets for Styrene-Acrylonitrile from Singapore in 2022:
- Indonesia (5.0K tons)
- China (3.9K tons)
- Malaysia (3.0K tons)
- Vietnam (1.6K tons)
- Thailand (0.8K tons)
- Hong Kong SAR (0.2K tons)
This report provides an in-depth analysis of the styrene-acrylonitrile 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 20162050 - Styrene-acrylonitrile (SAN) copolymers, in primary forms
- Prodcom 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
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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