Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore (CIF) - 2023
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore
- Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore (CIF) - 2023
In September 2022, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $202K per ton, picking up by 2,232% against the previous month. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($432K per ton), while the price for Japan ($7,304 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Germany (+258.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore (FOB) - 2022
The average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $130,503 per ton in 2022, waning by -34.5% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,465%. As a result, the export price attained the peak level of $199,152 per ton, and then contracted markedly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($327,378 per ton), while the average price for exports to Malaysia ($9,828 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 Africa (+476.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore
In 2022, after three years of growth, there was significant decline in supplies from abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses, when their volume decreased by -15% to 124 tons. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 75%.
In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted significantly to $1.1M in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 96%.
| Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 97.4 | 418 | 285 | 480 | 70.2% |
| China | 93.3 | 189 | 343 | 425 | 65.8% |
| United States | 40.2 | 146 | 614 | 103 | 36.8% |
| Japan | 192 | 128 | 34.3 | 35.7 | -42.9% |
| India | 38.9 | 33.2 | 33.4 | 32.2 | -6.1% |
| Malaysia | N/A | N/A | 2.4 | 5.0 | 108.3% |
| Others | 8.2 | 6.9 | 0.5 | 0.7 | -56.0% |
| Total | 470 | 921 | 1,313 | 1,083 | 32.1% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Singapore in 2022:
- China (57.5 tons)
- Germany (47.6 tons)
- United States (7.5 tons)
- Japan (5.0 tons)
- India (3.8 tons)
- Malaysia (2.8 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore
In 2022, shipments abroad of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses was finally on the rise to reach 3.2 tons after two years of decline. Overall, exports, however, showed a dramatic shrinkage.
In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses declined to $415K in 2022. In general, exports saw a strong expansion. The growth pace was the most rapid in 2021 with an increase of 95% against the previous year. As a result, the exports attained the peak of $482K, and then shrank in the following year.
| Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 103 | 467 | 326 | 77.9% |
| Taiwan (Chinese) | N/A | 0.7 | N/A | 48.5 | 732.4% |
| Japan | N/A | N/A | N/A | 21.4 | 0% |
| Indonesia | 184 | 135 | 10.9 | 16.6 | -55.1% |
| Malaysia | 3.2 | 3.3 | 1.9 | 2.6 | -6.7% |
| Others | 83.2 | 5.3 | 2.3 | 0.6 | -80.7% |
| Total | 270 | 247 | 482 | 415 | 15.4% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Singapore in 2022:
- India (1469.0 kg)
- Indonesia (801.0 kg)
- Japan (500.0 kg)
- Malaysia (261.0 kg)
- Taiwan (Chinese) (148.0 kg)
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