Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore - 2023

Contents:

1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore (FOB) - 2022
2. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore (CIF) - 2022
3. Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore
4. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore (FOB) - 2022

The average export price for imides and their derivatives; other kinds, excluding saccharins stood at $26,166 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 138%. As a result, the export price attained the peak level of $27,558 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($59,344 per ton), while the average price for exports to Japan ($6,988 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 Pakistan (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore (CIF) - 2022

In 2022, the average import price for imides and their derivatives; other kinds, excluding saccharins amounted to $10,636 per ton, dropping by -25.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 98%. Over the period under review, average import prices attained the maximum at $14,957 per ton in 2020; however, from 2021 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 Japan ($65,829 per ton), while the price for Germany ($3,763 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 (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore

For the third consecutive year, Singapore recorded decline in overseas shipments of imides and their derivatives; other kinds, excluding saccharins, which decreased by -2.4% to 31 tons in 2022. In general, exports showed a sharp shrinkage.

In value terms, exports of imides and their derivatives; other kinds, excluding saccharins declined to $824K in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year.

Top Export Markets for Imides and Their Derivatives; Other Kinds, Excluding Saccharin from Singapore in 2022:

1. Thailand (9.9 tons)
2. Malaysia (7.9 tons)
3. Japan (7.5 tons)
4. China (2.4 tons)
5. Vietnam (2.0 tons)
6. Philippines (0.6 tons)

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Singapore

In 2022, purchases abroad of imides and their derivatives; other kinds, excluding saccharins decreased by -25.2% to 44 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins fell remarkably to $463K in 2022. In general, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 116%.

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Singapore in 2022:

1. China (13.9 tons)
2. Germany (10.0 tons)
3. United States (8.7 tons)
4. India (6.8 tons)
5. Italy (2.9 tons)
6. Japan (1.2 tons)

Source: IndexBox Market Intelligence Platform