Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore - 2023
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore (FOB) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore (CIF) - 2022
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore (FOB) - 2022
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,880 per ton in 2022, increasing by 6.4% against the previous year. Over the period under review, the export price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 254%. As a result, the export price attained the peak level of $7,758 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($2,141 per ton) and Indonesia ($1,939 per ton), while the average price for exports to France ($1,704 per ton) and Japan ($1,774 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-2.3%), while the prices for the other major destinations experienced a decline.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore (CIF) - 2022
In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,565 per ton, picking up by 20% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $2,759 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($7,714 per ton), while the price for Taiwan (Chinese) ($1,273 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore
In 2022, the amount of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses exported from Singapore reduced notably to 34K tons, with a decrease of -33.6% compared with the year before. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports reached the peak of 51K tons, and then shrank notably in the following year.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses declined significantly to $64M in 2022. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.8 | 24.1 | 28.0 | 17.2 | -21.7% |
| France | 39.9 | 21.9 | 24.2 | 13.6 | -30.1% |
| Belgium | 0.7 | 1.0 | 10.7 | 9.2 | 136.0% |
| Japan | 4.8 | 2.4 | 4.8 | 4.6 | -1.4% |
| India | 3.5 | 4.1 | 4.0 | 4.4 | 7.9% |
| Thailand | 4.8 | 3.4 | 5.2 | 4.4 | -2.9% |
| Indonesia | 12.3 | 6.5 | 4.7 | 3.2 | -36.2% |
| Taiwan (Chinese) | 2.4 | 1.9 | 2.0 | 2.3 | -1.4% |
| Others | 9.7 | 9.3 | 6.9 | 4.9 | -20.4% |
| Total | 114 | 74.6 | 90.5 | 63.9 | -17.5% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Singapore in 2022:
- China (9.0K tons)
- France (8.0K tons)
- Belgium (5.1K tons)
- Japan (2.6K tons)
- India (2.3K tons)
- Thailand (2.1K tons)
- Indonesia (1.7K tons)
- Taiwan (Chinese) (1.1K tons)
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore
In 2022, the amount of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses imported into Singapore shrank sharply to 920 tons, reducing by -44.4% on the previous year's figure. Overall, imports recorded a sharp downturn. The smallest decline of -5% was in 2021.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses shrank remarkably to $2.4M in 2022. In general, imports recorded a precipitous contraction. The smallest decline of -23% was in 2021.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 461 | 310 | 617 | 749 | 17.6% |
| Japan | 450 | 348 | 548 | 504 | 3.8% |
| Germany | 500 | 181 | 482 | 468 | -2.2% |
| United States | 4,866 | 2,747 | 1,701 | 406 | -56.3% |
| South Korea | 68.2 | 54.6 | 4.5 | 99.5 | 13.4% |
| Taiwan (Chinese) | 339 | 273 | 81.9 | 57.7 | -44.6% |
| Thailand | 207 | 31.5 | 3.4 | 49.0 | -38.1% |
| France | 5,489 | 310 | N/A | 1.6 | -93.4% |
| Others | 405 | 328 | 93.2 | 23.2 | -61.5% |
| Total | 12,787 | 4,584 | 3,531 | 2,358 | -43.1% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Singapore in 2022:
- China (451.4 tons)
- Japan (166.8 tons)
- United States (136.2 tons)
- Germany (60.7 tons)
- Taiwan (Chinese) (45.3 tons)
- South Korea (20.4 tons)
- Thailand (19.7 tons)
- France (0.6 tons)
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