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Singapore - Polyolefins other than Polypropylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyolefins Other than Polypropylene in Singapore - 2022
Contents:
- Price for Polyolefins Other than Polypropylene in Singapore (FOB) - 2022
- Price for Polyolefins Other than Polypropylene in Singapore (CIF) - 2022
- Exports of Polyolefins Other than Polypropylene in Singapore
- Imports of Polyolefins Other than Polypropylene in Singapore
Price for Polyolefins Other than Polypropylene in Singapore (FOB) - 2022
The average polyolefins other than polypropylene export price stood at $2,288 per ton in September 2022, dropping by -7.8% against the previous month. Over the period under review, export price indicated a tangible expansion from September 2021 to September 2022: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, polyolefins other than polypropylene export price decreased by -11.9% against June 2022 indices. The pace of growth appeared the most rapid in January 2022 an increase of 33% against the previous month. The export price peaked at $2,598 per ton in June 2022; however, from July 2022 to September 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Belgium ($2,901 per ton), while the average price for exports to the Philippines ($1,730 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 Belgium (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polyolefins Other than Polypropylene in Singapore (CIF) - 2022
In September 2022, the average polyolefins other than polypropylene import price amounted to $3,337 per ton, approximately reflecting the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. The pace of growth appeared the most rapid in January 2022 an increase of 23% month-to-month. Over the period under review, average import prices reached the peak figure in September 2022.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,129 per ton), while the price for Saudi Arabia ($1,711 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyolefins Other than Polypropylene in Singapore
In 2022, approx. 1.2M tons of polyolefins other than polypropylene were exported from Singapore; waning by -4.7% against the previous year. In general, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 2.9%.
In value terms, polyolefins other than polypropylene exports totaled $2.1B in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Polyolefins Other than Polypropylene in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 702 | 636 | 828 | 811 | 4.9% |
Indonesia | 270 | 203 | 296 | 291 | 2.5% |
India | 148 | 109 | 193 | 226 | 15.2% |
United States | 75.4 | 77.6 | 97.1 | 127 | 19.0% |
Vietnam | 109 | 90.9 | 103 | 89.9 | -6.2% |
Belgium | 37.6 | 31.1 | 63.7 | 83.4 | 30.4% |
Malaysia | 72.0 | 70.7 | 83.3 | 72.8 | 0.4% |
Thailand | 76.2 | 57.2 | 77.9 | 72.8 | -1.5% |
Taiwan (Chinese) | 36.8 | 30.9 | 35.0 | 33.3 | -3.3% |
Philippines | 40.6 | 30.7 | 39.4 | 28.9 | -10.7% |
Hong Kong SAR | 32.0 | 28.2 | 30.8 | 11.1 | -29.7% |
Others | 204 | 172 | 237 | 245 | 6.3% |
Total | 1,803 | 1,538 | 2,084 | 2,093 | 5.1% |
Top Export Markets for Polyolefins Other than Polypropylene from Singapore in 2022:
- China (473.2K tons)
- Indonesia (180.1K tons)
- India (134.7K tons)
- Vietnam (62.6K tons)
- United States (62.5K tons)
- Malaysia (45.0K tons)
- Thailand (44.0K tons)
- Belgium (39.2K tons)
- Philippines (20.8K tons)
- Taiwan (Chinese) (18.5K tons)
- Hong Kong SAR (7.4K tons)
Imports of Polyolefins Other than Polypropylene in Singapore
Polyolefins other than polypropylene imports into Singapore fell to 192K tons in 2022, declining by -3.5% against the previous year. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, imports attained the peak of 199K tons, and then dropped modestly in the following year.
In value terms, polyolefins other than polypropylene imports amounted to $435M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +48.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Polyolefins Other than Polypropylene in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 146 | 109 | 140 | 154 | 1.8% |
South Korea | 49.0 | 33.4 | 56.6 | 75.2 | 15.3% |
Malaysia | 51.2 | 42.5 | 71.5 | 71.8 | 11.9% |
Saudi Arabia | 27.0 | 13.1 | 21.7 | 35.9 | 10.0% |
France | 18.5 | 29.4 | 46.3 | 27.8 | 14.5% |
Belgium | 0.9 | 10.2 | 18.1 | 22.9 | 194.1% |
Germany | 12.7 | 11.2 | 16.7 | 16.1 | 8.2% |
United Arab Emirates | 15.8 | 12.1 | 5.5 | 2.7 | -44.5% |
Others | 24.5 | 31.5 | 39.5 | 28.0 | 4.6% |
Total | 345 | 292 | 416 | 435 | 8.0% |
Top Suppliers of Polyolefins Other than Polypropylene to Singapore in 2022:
- United States (47.1K tons)
- South Korea (39.0K tons)
- Malaysia (36.3K tons)
- Saudi Arabia (30.7K tons)
- Belgium (10.3K tons)
- France (8.9K tons)
- Germany (8.3K tons)
- United Arab Emirates (2.5K tons)
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165150 - Polymers of propylene or of other olefins, in primary forms (excluding polypropylene)
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Singapore.
This report provides an in-depth analysis of the market for polypropylene in primary forms in Singapore.
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Singapore.
This report provides an in-depth analysis of the market for polypropylene in primary forms in Singapore.
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...