Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore - 2022
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore (CIF) - 2022
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore (FOB) - 2022
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore (CIF) - 2022
The average import price for cyclic hydrocarbons; mixed xylene isomerses stood at $1,052 per ton in 2022, growing by 11% against the previous year. Over the period under review, the import price, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 86% against the previous year. The import price peaked at $1,499 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 China ($3,640 per ton), while the price for the Philippines ($727 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.6%), while the prices for the other major suppliers experienced a decline.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore (FOB) - 2022
The average export price for cyclic hydrocarbons; mixed xylene isomerses stood at $1,308 per ton in September 2022, picking up by 7.7% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 35% against the previous month. The export price peaked at $2,102 per ton in July 2022; however, from August 2022 to September 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was Sri Lanka ($2,414 per ton), while the average price for exports to Malaysia ($508 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 Bangladesh (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore
In 2022, purchases abroad of cyclic hydrocarbons; mixed xylene isomerses increased by 2,633% to 85K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports soared to $89M in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.5 | 0.8 | 1.2 | 61.7 | 191.1% |
| Taiwan (Chinese) | 1.0 | N/A | N/A | 10.8 | 121.0% |
| China | 0.2 | 0.2 | 0.3 | 8.2 | 244.8% |
| Philippines | 2.2 | N/A | 1.3 | 5.8 | 38.1% |
| Thailand | 2.7 | 2.3 | N/A | 2.8 | 1.2% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 8.8 | 3.5 | 2.9 | 89.5 | 116.7% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Singapore in 2022:
- South Korea (62.3K tons)
- Taiwan (Chinese) (10.3K tons)
- Philippines (8.0K tons)
- China (2.3K tons)
- Thailand (2.2K tons)
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore
In 2022, approx. 2.6K tons of cyclic hydrocarbons; mixed xylene isomerses were exported from Singapore; falling by -2.3% against the previous year's figure. Over the period under review, exports faced a abrupt decline.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports surged to $2.9M in 2022. In general, exports showed a relatively flat trend pattern.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 157 | 197 | 493 | 824 | 73.8% |
| Malaysia | 1,318 | 468 | 831 | 719 | -18.3% |
| Sri Lanka | 996 | 587 | 598 | 597 | -15.7% |
| Myanmar | 4.8 | 58.5 | 60.4 | 308 | 300.3% |
| New Zealand | 51.0 | 53.2 | 31.0 | 90.0 | 20.8% |
| Indonesia | 143 | 155 | 87.1 | 79.3 | -17.8% |
| Others | 278 | 623 | 376 | 316 | 4.4% |
| Total | 2,948 | 2,141 | 2,477 | 2,933 | -0.2% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Singapore in 2022:
- Malaysia (1115.2 tons)
- Bangladesh (574.9 tons)
- Sri Lanka (345.4 tons)
- Myanmar (336.5 tons)
- New Zealand (60.3 tons)
- Indonesia (40.3 tons)
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