Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore - 2022
Contents:
- Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore (CIF) - 2022
- Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore (FOB) - 2022
- Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore
- Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore
Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore (CIF) - 2022
The average import price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) stood at $3,066 per ton in 2022, increasing by 11% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) increased by +90.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
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 South Korea ($3,185 per ton), while the price for Germany ($1,321 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore (FOB) - 2022
In 2022, the average export price for alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) amounted to $2,007 per ton, declining by -12.7% against the previous year. Overall, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 115%. Over the period under review, the average export prices attained the maximum at $2,709 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($8,209 per ton), while the average price for exports to Thailand ($1,374 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 (-3.8%), while the prices for the other major destinations experienced a decline.
Imports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore
In 2022, supplies from abroad of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) decreased by -15.8% to 2.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 36%.
In value terms, imports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) reduced to $8.7M in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 99%. As a result, imports attained the peak of $9.3M, and then declined in the following year.
| Import of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,602 | 1,034 | 3,561 | 2,955 | 22.6% |
| Japan | 947 | 1,007 | 1,264 | 1,049 | 3.5% |
| South Korea | 97.4 | 497 | 1,140 | 946 | 113.4% |
| Taiwan (Chinese) | 403 | 725 | 1,037 | 860 | 28.7% |
| Germany | 885 | 796 | 560 | 611 | -11.6% |
| Sweden | 62.8 | 51.0 | 696 | 578 | 109.6% |
| India | N/A | 493 | 997 | N/A | 102.2% |
| Others | 21.1 | 80.2 | 54.8 | 1,718 | 333.4% |
| Total | 4,017 | 4,681 | 9,311 | 8,718 | 29.5% |
Top Suppliers of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) to Singapore in 2022:
- China (1120.9 tons)
- Taiwan (Chinese) (566.8 tons)
- Germany (462.2 tons)
- Japan (441.0 tons)
- South Korea (297.2 tons)
- Sweden (254.3 tons)
Exports of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore
In 2022, shipments abroad of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) decreased by -15.7% to 751 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 92%. As a result, the exports reached the peak of 967 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of alcohols; polyhydric, 2-ethyl-2- (hydroxymethyl) propane-1,3-diol (trimethylolpropane) dropped markedly to $1.5M in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 98% against the previous year. As a result, the exports attained the peak of $2M, and then reduced dramatically in the following year.
| Export of Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 447 | 37.7 | 898 | 768 | 19.8% |
| Indonesia | 211 | 11.9 | 313 | 268 | 8.3% |
| Thailand | 32.5 | 1.8 | N/A | 18.1 | -17.7% |
| Germany | N/A | N/A | 795 | N/A | 0% |
| Others | 49.0 | 981 | 40.7 | 453 | 109.9% |
| Total | 739 | 1,033 | 2,047 | 1,507 | 26.8% |
Top Export Markets for Alcohols; Polyhydric, 2-Ethyl-2- (Hydroxymethyl) Propane-1,3-Diol (Trimethylolpropane) from Singapore in 2022:
- Malaysia (417.1 tons)
- Indonesia (32.6 tons)
- Thailand (13.2 tons)
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