Cyclic Hydrocarbons; M-Xylene Price in Singapore - 2022
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in Singapore (FOB) - 2022
- Cyclic Hydrocarbons; M-Xylene Price in Singapore (CIF) - 2022
- Cyclic Hydrocarbons; M-Xylene Exports in Singapore
- Cyclic Hydrocarbons; M-Xylene Imports in Singapore
Cyclic Hydrocarbons; M-Xylene Price in Singapore (FOB) - 2022
The average cyclic hydrocarbons; m-xylene export price stood at $1,163 per ton in 2022, rising by 61% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 185%. As a result, the export price reached the peak level of $4,218 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($1,723 per ton), while the average price for exports to Malaysia totaled $692 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Cyclic Hydrocarbons; M-Xylene Price in Singapore (CIF) - 2022
In 2022, the average cyclic hydrocarbons; m-xylene import price amounted to $8,017 per ton, growing by 16% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 845%. The import price peaked at $14,291 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($11,000 per ton), while the price for Japan ($5,782 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cyclic Hydrocarbons; M-Xylene Exports in Singapore
In 2022, exports of cyclic hydrocarbons; m-xylenes from Singapore soared to 95 tons, jumping by 72% compared with 2021 figures. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 231%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, cyclic hydrocarbons; m-xylene exports surged to $110K in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cyclic Hydrocarbons; M-Xylene in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | N/A | N/A | N/A | 74.4 | 0% |
Malaysia | 7.7 | 10.7 | 38.0 | 35.6 | 66.6% |
New Zealand | N/A | 7.3 | N/A | N/A | 0% |
Others | 24.8 | 13.7 | 1.8 | 0.3 | -77.0% |
Total | 32.5 | 31.8 | 39.9 | 110 | 50.1% |
Top Export Markets for Cyclic Hydrocarbons; M-Xylene from Singapore in 2022:
- Malaysia (51.5 tons)
- Sri Lanka (43.2 tons)
Cyclic Hydrocarbons; M-Xylene Imports in Singapore
In 2022, purchases abroad of cyclic hydrocarbons; m-xylenes decreased by -48.4% to 821 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 1,288%. As a result, imports reached the peak of 24 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cyclic hydrocarbons; m-xylene imports reduced dramatically to $6.6K in 2022. Overall, imports continue to indicate a significant curtailment. The smallest decline of -26% was in 2020.
Import of Cyclic Hydrocarbons; M-Xylene in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | 0.2 | N/A | 3.7 | 330.1% |
Germany | 2.0 | 4.5 | 5.1 | 1.4 | -11.2% |
Japan | 8.5 | 2.4 | 5.8 | 1.4 | -45.2% |
South Korea | N/A | 10.2 | N/A | N/A | 0% |
United States | 12.2 | N/A | N/A | N/A | 0% |
Others | 0.8 | N/A | N/A | N/A | 0% |
Total | 23.4 | 17.3 | 11.0 | 6.6 | -34.4% |
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to Singapore in 2022:
- United Kingdom (440.0 kg)
- Japan (239.0 kg)
- Germany (139.0 kg)
- United States (3.0 kg)
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