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Report Singapore - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Singapore - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Polycarboxylic Acid Market 2023

Polycarboxylic Acid Market Size in Singapore

The Singaporean polycarboxylic acid market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption enjoyed buoyant growth. Polycarboxylic acid consumption peaked in 2021 and is expected to retain growth in years to come.

Polycarboxylic Acid Exports

Exports from Singapore

Polycarboxylic acid exports from Singapore shrank notably to X tons in 2021, declining by -34.4% against 2020 figures. Overall, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, polycarboxylic acid exports fell to $X in 2021. In general, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 57%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for polycarboxylic acid exports from Singapore, with a 37% share of total exports. Moreover, polycarboxylic acid exports to Malaysia exceeded the volume sent to the second major destination, Indonesia (X tons), threefold. The third position in this ranking was held by Bangladesh (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Malaysia stood at -16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-21.3% per year) and Bangladesh (+36.9% per year).

In value terms, Malaysia ($X) remains the key foreign market for polycarboxylic acids exports from Singapore, comprising 38% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 14% share of total exports. It was followed by India, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Malaysia stood at -14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-16.6% per year) and India (-25.8% per year).

Export Prices by Country

In 2021, the average polycarboxylic acid export price amounted to $X per ton, picking up by 36% against the previous year. Overall, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, polycarboxylic acid export price increased by +100.3% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Polycarboxylic Acid Imports

Imports into Singapore

In 2021, purchases abroad of polycarboxylic acids increased by 7.1% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 31% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, polycarboxylic acid imports soared to $X in 2021. In general, imports recorded modest growth. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of polycarboxylic acid to Singapore, with a 56% share of total imports. Moreover, polycarboxylic acid imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +22.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+0.5% per year) and the United States (-13.7% per year).

In value terms, China ($X) constituted the largest supplier of polycarboxylic acids to Singapore, comprising 53% of total imports. The second position in the ranking was held by South Korea ($X), with a 13% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-2.0% per year) and the United States (-12.4% per year).

Import Prices by Country

In 2021, the average polycarboxylic acid import price amounted to $X per ton, picking up by 44% against the previous year. Over the period under review, the import price, however, saw a slight descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for polycarboxylic acids in the world?
+
The countries with the highest volumes of consumption in 2021 were China, India and the United States, with a combined 31% share of global consumption. Turkey, Brazil, Pakistan, Mexico, Indonesia, Japan, South Korea, Vietnam, Saudi Arabia and Oman lagged somewhat behind, together comprising a further 36%.
What are the largest producers of polycarboxylic acids in the world?
+
China constituted the country with the largest volume of polycarboxylic acid production, comprising approx. 21% of total volume. Moreover, polycarboxylic acid production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. The United States ranked third in terms of total production with a 6.6% share.
What are the leading suppliers of polycarboxylic acids to Singapore?
+
In value terms, China constituted the largest supplier of polycarboxylic acids to Singapore, comprising 53% of total imports. The second position in the ranking was held by South Korea, with a 13% share of total imports. It was followed by the United States, with a 12% share.
What are the leading importers of polycarboxylic acids from Singapore?
+
In value terms, Malaysia remains the key foreign market for polycarboxylic acids exports from Singapore, comprising 38% of total exports. The second position in the ranking was taken by Indonesia, with a 14% share of total exports. It was followed by India, with a 12% share.
What is the average export price for polycarboxylic acids in Singapore?
+
In 2021, the average polycarboxylic acid export price amounted to $3,094 per ton, surging by 36% against the previous year.
What is the average import price for polycarboxylic acids in Singapore?
+
In 2021, the average polycarboxylic acid import price amounted to $1,696 per ton, growing by 44% against the previous year.

This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
• Prodcom 20143385 - Adipic acid, its salts and esters
• Prodcom 20143387 - Maleic anhydride
• Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
• Prodcom 20143420 - Other esters of orthophthalic acid
• Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
• Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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