Singapore - Polycarbonates (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolycarbonate Price in Singapore - 2022
Contents:
- Polycarbonate Price in Singapore (FOB) - 2022
- Polycarbonate Price in Singapore (CIF) - 2022
- Polycarbonate Exports in Singapore
- Polycarbonate Imports in Singapore
Polycarbonate Price in Singapore (FOB) - 2022
In 2022, the average polycarbonate export price amounted to $2,534 per ton, surging by 2.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 17%. Over the period under review, the average export prices reached the peak figure at $3,023 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 Malaysia ($3,839 per ton), while the average price for exports to Indonesia ($1,842 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 Malaysia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Polycarbonate Price in Singapore (CIF) - 2022
In September 2022, the average polycarbonate import price amounted to $4,180 per ton, increasing by 8.6% against the previous month. Overall, import price indicated a notable expansion from September 2021 to September 2022: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, polycarbonate import price increased by +8.6% against August 2022 indices. The pace of growth was the most pronounced in January 2022 an increase of 44% against the previous month. Over the period under review, average import prices reached the maximum in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was China ($6,862 per ton), while the price for Saudi Arabia ($3,593 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 the United States (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Polycarbonate Exports in Singapore
In 2022, the amount of polycarbonates (in primary forms) exported from Singapore fell slightly to 172K tons, flattening at 2021 figures. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports reached the peak of 173K tons, leveling off in the following year.
In value terms, polycarbonate exports totaled $437M in 2022. The total export value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Polycarbonate in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 138 | 117 | 171 | 181 | 9.5% |
Malaysia | 68.6 | 61.5 | 85.7 | 90.5 | 9.7% |
Taiwan (Chinese) | 45.9 | 30.9 | 39.9 | 42.2 | -2.8% |
Indonesia | 20.0 | 19.3 | 29.4 | 31.1 | 15.9% |
Vietnam | 18.8 | 20.8 | 24.9 | 26.3 | 11.8% |
South Korea | 8.7 | 18.6 | 23.8 | 25.1 | 42.4% |
Hong Kong SAR | 16.4 | 15.8 | 11.3 | 15.1 | -2.7% |
Others | 25.4 | 27.4 | 41.8 | 25.7 | 0.4% |
Total | 341 | 311 | 428 | 437 | 8.6% |
Top Export Markets for Polycarbonate from Singapore in 2022:
- China (78.4K tons)
- Malaysia (23.6K tons)
- Taiwan (Chinese) (22.0K tons)
- Indonesia (16.9K tons)
- Vietnam (11.1K tons)
- South Korea (9.0K tons)
- Hong Kong SAR (5.0K tons)
Polycarbonate Imports in Singapore
For the third consecutive year, Singapore recorded decline in purchases abroad of polycarbonates (in primary forms), which decreased by -4.2% to 130K tons in 2022. Overall, imports recorded a pronounced contraction. The smallest decline of -0.3% was in 2021.
In value terms, polycarbonate imports soared to $503M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Polycarbonate in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 253 | 157 | 173 | 202 | -7.2% |
Taiwan (Chinese) | 3.5 | 5.3 | 43.3 | 45.8 | 135.6% |
United States | 30.5 | 64.3 | 35.6 | 45.3 | 14.1% |
China | 14.3 | 14.1 | 29.9 | 31.6 | 30.3% |
Thailand | 15.9 | 17.6 | 21.8 | 23.1 | 13.3% |
Netherlands | 6.3 | 4.3 | 10.9 | 11.5 | 22.2% |
Spain | 6.9 | 9.3 | 9.7 | 10.3 | 14.3% |
Malaysia | 6.8 | 5.1 | 9.0 | 9.6 | 12.2% |
Others | 8.0 | 8.6 | 15.4 | 123 | 148.7% |
Total | 346 | 285 | 349 | 503 | 13.3% |
Top Suppliers of Polycarbonate to Singapore in 2022:
- Saudi Arabia (61.2K tons)
- United States (11.7K tons)
- Taiwan (Chinese) (8.0K tons)
- China (5.5K tons)
- Thailand (4.4K tons)
- Spain (3.3K tons)
- Netherlands (2.4K tons)
- Malaysia (1.7K tons)
This report provides an in-depth analysis of the polycarbonate 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 20164040 - Polycarbonates, 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
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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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