Report Singapore - Resinoids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 30, 2022

Singapore - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Resinoids Market 2022

Resinoids Market Size in Singapore

In 2021, the Singaporean resinoids market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Resinoids Exports

Exports from Singapore

In 2021, overseas shipments of resinoids were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2013 with an increase of 234%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, resinoids exports skyrocketed to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 585%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Pakistan (X tons) and India (X tons) were the main destinations of resinoids exports from Singapore, together accounting for 74% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +24.5%), while the other leaders experienced mixed trend patterns.

In value terms, India ($X) emerged as the key foreign market for resinoids exports from Singapore, comprising 37% of total exports. The second position in the ranking was held by Pakistan ($X), with a 13% share of total exports. It was followed by the United Arab Emirates, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+34.2% per year) and the United Arab Emirates (-12.2% per year).

Export Prices by Country

The average resinoids export price stood at $X per ton in 2021, surging by 12% against the previous year. In general, the export price continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 105%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Saudi Arabia ($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 India (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Resinoids Imports

Imports into Singapore

In 2021, supplies from abroad of resinoids increased by 48% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 433%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, resinoids imports skyrocketed to $X in 2021. In general, imports posted a pronounced expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 641%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Madagascar (X tons), Indonesia (X tons) and Spain (X tons) were the main suppliers of resinoids imports to Singapore, with a combined 90% share of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +14.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Madagascar ($X), France ($X) and Indonesia ($X) appeared to be the largest resinoids suppliers to Singapore, together accounting for 65% of total imports. These countries were followed by Spain, the United States, Germany, the UK, China and Malaysia, which together accounted for a further 21%.

Among the main suppliers, Spain, with a CAGR of +25.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average resinoids import price amounted to $X per ton, which is down by -20.1% against the previous year. In general, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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 resinoids in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Spain and the United States, with a combined 45% share of global consumption. These countries were followed by India, Japan, Germany, Russia, Pakistan, Indonesia, Mexico, Rwanda and Turkey, which together accounted for a further 26%.
What are the largest producers of resinoids in the world?
+
The countries with the highest volumes of production in 2021 were China, Spain and the United States, with a combined 50% share of global production. These countries were followed by India, Japan, Germany, Russia, Pakistan, Indonesia, Mexico, Rwanda and Taiwan Chinese), which together accounted for a further 26%.
What are the leading suppliers of resinoids to Singapore?
+
In value terms, Madagascar, France and Indonesia constituted the largest resinoids suppliers to Singapore, with a combined 65% share of total imports. Spain, the United States, Germany, the UK, China and Malaysia lagged somewhat behind, together accounting for a further 21%.
What are the leading importers of resinoids from Singapore?
+
In value terms, India emerged as the key foreign market for resinoids exports from Singapore, comprising 37% of total exports. The second position in the ranking was taken by Pakistan, with a 13% share of total exports. It was followed by the United Arab Emirates, with a 9.2% share.
What is the average export price for resinoids in Singapore?
+
The average resinoids export price stood at $19,629 per ton in 2021, growing by 12% against the previous year.
What is the average import price for resinoids in Singapore?
+
The average resinoids import price stood at $18,919 per ton in 2021, declining by -20.1% against the previous year.

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:
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

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

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

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

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

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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