Singapore: Market for Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols 2024

Market Size for Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols in Singapore

In 2023, the Singaporean market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols increased by X% to $X, rising for the second year in a row after eight years of decline. Over the period under review, consumption, however, faced a abrupt curtailment. Consumption of peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols in Singapore

In value terms, production of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols shrank to $X in 2023 estimated in export price. In general, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production of growth remained at a somewhat lower figure.

Exports of Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols

Exports from Singapore

For the third consecutive year, Singapore recorded decline in overseas shipments of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols, which decreased by X% to X tons in 2023. Overall, exports, however, showed notable growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, exports of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols contracted significantly to $X in 2023. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons) was the main destination for exports of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols from Singapore, accounting for a X% share of total exports. It was followed by Thailand (X tons), with a X% share of total exports. Indonesia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Malaysia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

In value terms, Malaysia ($X) remains the key foreign market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols exports from Singapore, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with an X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Malaysia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

The average export price for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols stood at $X per ton in 2023, declining by X% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives Of Acyclic Alcohols

Imports into Singapore

In 2023, purchases abroad of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, total imports indicated a notable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols surged to $X in 2023. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of attained the maximum in 2023 and are likely to continue growth in the immediate term.

Imports by Country

In 2023, China (X tons) was the main halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols supplier to Singapore, with a X% share of total imports. Moreover, imports of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols to Singapore, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

Import Prices by Country

In 2023, the average import price for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols amounted to $X per ton, picking up by X% against the previous year. Overall, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform