Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,553 per ton, surging by 9% against the previous year. In general, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 55%. Over the period under review, average import prices reached the peak figure at $1,978 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($11,524 per ton), while the price for China ($858 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore (FOB) - 2022
In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $6,945 per ton, declining by -16.3% 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 2014 when the average export price increased by 76%. The export price peaked at $8,295 per ton in 2021, and then fell notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($30,063 per ton), while the average price for exports to Mauritius ($2,341 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) (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore
In 2022, approx. 332 tons of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were imported into Singapore; with a decrease of -28.4% against the year before. Over the period under review, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 19%.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses dropped sharply to $515K in 2022. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 154 | 150 | 343 | 256 | 18.5% |
| United Kingdom | 77.8 | 27.9 | 66.2 | 105 | 10.5% |
| Japan | 41.7 | 48.3 | 78.0 | 81.5 | 25.0% |
| India | 25.0 | 28.2 | 86.9 | 37.5 | 14.5% |
| Spain | 260 | 90.0 | 4.5 | 6.1 | -71.4% |
| Israel | 44.1 | N/A | N/A | N/A | 0% |
| Others | 86.6 | 60.3 | 81.3 | 28.9 | -30.6% |
| Total | 690 | 405 | 659 | 515 | -9.3% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Singapore in 2022:
- China (298.3 tons)
- United Kingdom (14.3 tons)
- Japan (7.1 tons)
- India (7.0 tons)
- Spain (3.0 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore
In 2022, approx. 3.9 tons of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were exported from Singapore; with a decrease of -35.9% compared with the previous year. Overall, exports continue to indicate a sharp shrinkage.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses shrank dramatically to $27K in 2022. In general, exports continue to indicate a precipitous decline. The smallest decline of -9.3% was in 2021.
| Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.1 | 0.7 | 7.6 | 10.0 | 34.6% |
| Malaysia | 31.2 | 18.3 | 0.5 | 3.6 | -51.3% |
| Taiwan (Chinese) | 4.6 | 1.0 | N/A | 2.8 | -15.3% |
| South Korea | N/A | N/A | N/A | 1.8 | 0% |
| Mauritius | 4.5 | 3.4 | 2.6 | 1.6 | -29.2% |
| Cambodia | N/A | N/A | N/A | 1.4 | 0% |
| Indonesia | 53.8 | 20.0 | 33.4 | 1.0 | -73.5% |
| Australia | 7.3 | 0.8 | 1.2 | N/A | -59.5% |
| Others | 4.6 | 11.3 | 5.1 | 4.7 | 0.7% |
| Total | 110 | 55.5 | 50.3 | 27.0 | -37.4% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Singapore in 2022:
- Vietnam (1001.0 kg)
- Malaysia (800.0 kg)
- Mauritius (700.0 kg)
- Taiwan (Chinese) (565.0 kg)
- Cambodia (400.0 kg)
- Indonesia (212.0 kg)
- South Korea (69.0 kg)
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