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Singapore - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpansible Polystyrene Price in Singapore - 2022
Contents:
- Expansible Polystyrene Price in Singapore (CIF) - 2022
- Expansible Polystyrene Price in Singapore (FOB) - 2022
- Expansible Polystyrene Imports in Singapore
- Expansible Polystyrene Exports in Singapore
Expansible Polystyrene Price in Singapore (CIF) - 2022
In September 2022, the average expansible polystyrene import price amounted to $3,202 per ton, picking up by 8.9% against the previous month. Overall, import price indicated a tangible increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, expansible polystyrene import price increased by +13.6% against July 2022 indices. The growth pace was the most rapid in February 2022 an increase of 83% against the previous month. As a result, import price reached the peak level of $4,006 per ton. From March 2022 to September 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($5,308 per ton), while the price for China ($2,220 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Expansible Polystyrene Price in Singapore (FOB) - 2022
The average expansible polystyrene export price stood at $4,540 per ton in September 2022, increasing by 28% against the previous month. Overall, the export price enjoyed a prominent expansion. The growth pace was the most rapid in June 2022 an increase of 130% against the previous month. The export price peaked in September 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($10,245 per ton), while the average price for exports to Indonesia ($4,050 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.
Expansible Polystyrene Imports in Singapore
In 2022, the amount of expansible polystyrene in primary forms imported into Singapore fell remarkably to 2.3K tons, which is down by -22.6% compared with the previous year's figure. In general, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of 2.9K tons, and then fell markedly in the following year.
In value terms, expansible polystyrene imports declined rapidly to $4.7M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 58%. As a result, imports reached the peak of $5.6M, and then dropped significantly in the following year.
Import of Expansible Polystyrene in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 2,193 | 1,584 | 2,218 | 2,088 | -1.6% |
United States | 970 | 559 | 595 | 749 | -8.3% |
India | N/A | 180 | 559 | 593 | 81.5% |
Japan | 86.1 | 107 | 359 | 407 | 67.8% |
China | 252 | 185 | 477 | 335 | 10.0% |
Hong Kong SAR | N/A | 131 | 264 | 166 | 12.6% |
Indonesia | 594 | 535 | 931 | 128 | -40.0% |
Spain | 174 | 134 | 141 | 124 | -10.7% |
Others | 280 | 159 | 103 | 86.6 | -32.4% |
Total | 4,549 | 3,573 | 5,648 | 4,675 | 0.9% |
Top Suppliers of Expansible Polystyrene to Singapore in 2022:
- Taiwan (Chinese) (1198.2 tons)
- India (273.4 tons)
- China (205.1 tons)
- Japan (201.7 tons)
- United States (179.4 tons)
- Hong Kong SAR (100.0 tons)
- Indonesia (49.3 tons)
- Spain (36.0 tons)
Expansible Polystyrene Exports in Singapore
In 2022, expansible polystyrene exports from Singapore reduced remarkably to 381 tons, shrinking by -44.6% compared with the year before. Over the period under review, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 11%.
In value terms, expansible polystyrene exports declined notably to $890K in 2022. Overall, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 56%.
Export of Expansible Polystyrene in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 596 | 616 | 1,036 | 679 | 4.4% |
Malaysia | 37.2 | 35.9 | 68.9 | 129 | 51.4% |
Thailand | 141 | 154 | 184 | 70.7 | -20.6% |
China | 1,417 | N/A | 14.5 | 10.2 | -80.7% |
Myanmar | 182 | N/A | N/A | N/A | 0% |
Others | 5.5 | 31.4 | 1.8 | 0.6 | -52.2% |
Total | 2,378 | 837 | 1,306 | 890 | -27.9% |
Top Export Markets for Expansible Polystyrene from Singapore in 2022:
- Indonesia (302.5 tons)
- Malaysia (61.8 tons)
- Thailand (13.5 tons)
- China (3.0 tons)
This report provides an in-depth analysis of the expansible polystyrene 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 20162035 - Expansible polystyrene, in primary forms
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
-
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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