Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore - 2022
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (FOB) - 2022
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (CIF) - 2022
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (FOB) - 2022
In 2022, the average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,038 per ton, with an increase of 5.2% against the previous year. Over the period under review, the export price, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2021 an increase of 63%. The export price peaked at $1,176 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($1,521 per ton), while the average price for exports to Thailand ($710 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 South Korea (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (CIF) - 2022
The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $959 per ton in September 2022, dropping by -2.8% against the previous month. In general, the import price recorded a noticeable decline. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 23% m-o-m. The import price peaked at $1,301 per ton in January 2022; however, from February 2022 to September 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,258 per ton), while the price for Saudi Arabia ($646 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore
In 2022, shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -30.9% to 1.3M tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, the exports reached the peak of 2M tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses dropped markedly to $1.4B in 2022. Over the period under review, total exports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +11.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 54% against the previous year. As a result, the exports attained the peak of $1.9B, and then reduced rapidly in the following year.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 656 | 657 | 988 | 538 | -6.4% |
| India | 127 | 88.2 | 139 | 177 | 11.7% |
| Thailand | 101 | 89.9 | 127 | 144 | 12.6% |
| Indonesia | 150 | 104 | 160 | 139 | -2.5% |
| Vietnam | 85.5 | 86.4 | 102 | 96.4 | 4.1% |
| South Korea | 40.1 | 35.2 | 87.6 | 72.5 | 21.8% |
| Taiwan (Chinese) | 25.0 | 35.3 | 62.4 | 56.5 | 31.2% |
| Malaysia | 42.5 | 33.6 | 45.0 | 37.3 | -4.3% |
| Others | 74.2 | 77.9 | 147 | 89.7 | 6.5% |
| Total | 1,300 | 1,209 | 1,858 | 1,350 | 1.3% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Singapore in 2022:
- China (432.1K tons)
- India (206.2K tons)
- Thailand (202.4K tons)
- Indonesia (164.1K tons)
- Vietnam (125.9K tons)
- South Korea (47.6K tons)
- Taiwan (Chinese) (41.7K tons)
- Malaysia (24.6K tons)
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore
In 2022, after three years of growth, there was significant decline in purchases abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume decreased by -6.8% to 863K tons. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of 926K tons, and then contracted in the following year.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses fell slightly to $655M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +52.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports reached the peak of $671M, and then reduced slightly in the following year.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 80.9 | 94.2 | 139 | 191 | 33.2% |
| Malaysia | 56.7 | 36.6 | 105 | 126 | 30.5% |
| United States | 28.0 | 31.6 | 36.6 | 60.7 | 29.4% |
| China | 19.9 | 28.4 | 39.2 | 60.7 | 45.0% |
| Thailand | 11.1 | 9.7 | 20.0 | 32.6 | 43.2% |
| South Africa | 9.0 | 7.1 | 19.0 | 19.2 | 28.7% |
| Oman | 223 | 143 | 199 | 10.9 | -63.4% |
| Others | 53.7 | 77.2 | 113 | 154 | 42.1% |
| Total | 482 | 428 | 671 | 655 | 10.8% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Singapore in 2022:
- Saudi Arabia (398.7K tons)
- Malaysia (257.1K tons)
- United States (52.2K tons)
- Oman (26.3K tons)
- China (20.3K tons)
- South Africa (17.2K tons)
- Thailand (17.2K tons)
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