Singapore - Adipic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdipic Acid Price in Singapore - 2022
Contents:
- Adipic Acid Price in Singapore (CIF) - 2022
- Adipic Acid Price in Singapore (FOB) - 2022
- Adipic Acid Imports in Singapore
- Adipic Acid Exports in Singapore
Adipic Acid Price in Singapore (CIF) - 2022
In September 2022, the average adipic acid import price amounted to $2,119 per ton, waning by -14.5% against the previous month. Over the period under review, import price indicated a measured expansion from September 2021 to September 2022: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, adipic acid import price decreased by -21.9% against April 2022 indices. The pace of growth appeared the most rapid in January 2022 an increase of 37% against the previous month. Over the period under review, average import prices attained the maximum at $2,715 per ton in April 2022; however, from May 2022 to September 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2022, the country with the highest price was South Korea ($2,502 per ton), while the price for China amounted to $2,010 per ton.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%).
Adipic Acid Price in Singapore (FOB) - 2022
The average adipic acid export price stood at $3,223 per ton in 2022, declining by -15.5% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 146% against the previous year. As a result, the export price attained the peak level of $3,813 per ton, and then dropped remarkably in the following year.
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 New Zealand ($12,436 per ton), while the average price for exports to China ($1,617 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 Taiwan (Chinese) (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
Adipic Acid Imports in Singapore
Adipic acid imports into Singapore fell to 57K tons in 2022, with a decrease of -8.5% against the year before. Over the period under review, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 63K tons, and then contracted in the following year.
In value terms, adipic acid imports rose remarkably to $98M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
Import of Adipic Acid in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 59.4 | 44.9 | 77.4 | 73.2 | 7.2% |
South Korea | 6.8 | 5.6 | 13.7 | 24.0 | 52.3% |
Others | 1.2 | 3.2 | 1.6 | 0.7 | -16.4% |
Total | 67.4 | 53.7 | 92.8 | 97.9 | 13.3% |
Top Suppliers of Adipic Acid to Singapore in 2022:
- China (43.8K tons)
- South Korea (13.4K tons)
Adipic Acid Exports in Singapore
In 2022, the amount of adipic acid, its salts and esters exported from Singapore surged to 165 tons, with an increase of 106% compared with the previous year's figure. Over the period under review, exports posted a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 174% against the previous year. As a result, the exports attained the peak of 359 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, adipic acid exports soared to $532K in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.4% against 2020 indices.
Export of Adipic Acid in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 72.8 | 36.5 | 112 | 191 | 37.9% |
Bangladesh | N/A | 14.2 | 114 | 122 | 193.1% |
Australia | 17.7 | 17.6 | N/A | 73.4 | 60.7% |
New Zealand | 15.9 | 15.0 | 20.0 | 44.9 | 41.3% |
Netherlands | N/A | N/A | N/A | 36.4 | 0% |
China | 137 | 17.3 | N/A | 32.3 | -38.2% |
Malaysia | 62.2 | 40.2 | 15.1 | 15.6 | -36.9% |
South Korea | 35.0 | 7.1 | N/A | N/A | -79.7% |
Italy | N/A | 308 | N/A | N/A | 0% |
Others | 55.2 | 100 | 45.1 | 16.6 | -33.0% |
Total | 396 | 557 | 305 | 532 | 10.3% |
Top Export Markets for Adipic Acid from Singapore in 2022:
- Indonesia (62.9 tons)
- Bangladesh (46.1 tons)
- Netherlands (20.0 tons)
- China (20.0 tons)
- Australia (6.6 tons)
- New Zealand (3.6 tons)
- Malaysia (3.0 tons)
This report provides an in-depth analysis of the adipic 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 20143385 - Adipic acid, its salts and esters
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
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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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