Singapore - Buta-1,3-Diene And Isoprene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButa-1,3-Diene and Isoprene Price in Singapore - 2022
Contents:
- Buta-1,3-Diene and Isoprene Price in Singapore (FOB) - 2022
- Buta-1,3-Diene and Isoprene Price in Singapore (CIF) - 2022
- Buta-1,3-Diene and Isoprene Exports in Singapore
- Buta-1,3-Diene and Isoprene Imports in Singapore
Buta-1,3-Diene and Isoprene Price in Singapore (FOB) - 2022
The average buta-1,3-diene and isoprene export price stood at $1,176 per ton in September 2022, shrinking by -16.5% against the previous month. Overall, the export price showed a slight descent. The pace of growth appeared the most rapid in March 2022 when the average export price increased by 83% month-to-month. As a result, the export price attained the peak level of $1,906 per ton. From April 2022 to September 2022, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In September 2022, the country with the highest price was Indonesia ($1,226 per ton), while the average price for exports to Taiwan (Chinese) ($1,030 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 South Korea (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Buta-1,3-Diene and Isoprene Price in Singapore (CIF) - 2022
The average buta-1,3-diene and isoprene import price stood at $3,400 per ton in September 2022, rising by 3.9% against the previous month. Overall, import price indicated a remarkable increase from September 2021 to September 2022: its price increased at an average monthly rate of +6.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, buta-1,3-diene and isoprene import price decreased by -4.3% against July 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 29% month-to-month. Over the period under review, average import prices hit record highs at $3,554 per ton in July 2022; however, from August 2022 to September 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2022, the country with the highest price was Taiwan (Chinese) ($3,713 per ton), while the price for China ($3,216 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 China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Buta-1,3-Diene and Isoprene Exports in Singapore
After three years of growth, shipments abroad of buta-1,3-diene and isoprene decreased by -18.6% to 155K tons in 2022. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of 191K tons, and then fell significantly in the following year.
In value terms, buta-1,3-diene and isoprene exports fell dramatically to $153M in 2022. In general, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 100% against the previous year. As a result, the exports attained the peak of $182M, and then shrank markedly in the following year.
| Export of Buta-1,3-Diene and Isoprene in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 72.1 | 50.6 | 98.4 | 42.3 | -16.3% |
| Indonesia | 11.5 | 2.1 | 7.6 | 40.8 | 52.5% |
| Taiwan (Chinese) | 18.9 | 12.6 | 38.8 | 30.6 | 17.4% |
| South Korea | 21.6 | 9.6 | 5.0 | 17.2 | -7.3% |
| Japan | N/A | N/A | 1.9 | 9.8 | 415.8% |
| China | 5.3 | 13.3 | 29.0 | 6.7 | 8.1% |
| Thailand | 9.6 | 3.2 | 1.5 | 4.3 | -23.5% |
| Others | N/A | N/A | N/A | 1.5 | 0% |
| Total | 139 | 91.4 | 182 | 153 | 3.3% |
Top Export Markets for Buta-1,3-Diene and Isoprene from Singapore in 2022:
- Malaysia (44.5K tons)
- Taiwan (Chinese) (36.7K tons)
- Indonesia (35.6K tons)
- South Korea (14.9K tons)
- China (8.8K tons)
- Japan (6.8K tons)
- Thailand (6.2K tons)
Buta-1,3-Diene and Isoprene Imports in Singapore
After two years of decline, supplies from abroad of buta-1,3-diene and isoprene increased by 20% to 3.7K tons in 2022. In general, imports, however, saw a sharp reduction.
In value terms, buta-1,3-diene and isoprene imports skyrocketed to $8.7M in 2022. Overall, imports, however, continue to indicate a abrupt descent.
| Import of Buta-1,3-Diene and Isoprene in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.4 | 1.4 | 1.9 | 4.5 | 47.6% |
| China | 1.9 | 1.0 | 3.0 | 3.6 | 23.7% |
| Taiwan (Chinese) | 0.3 | 0.1 | 0.3 | 0.6 | 26.0% |
| Indonesia | 9.0 | 6.0 | N/A | N/A | -33.3% |
| Others | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
| Total | 12.7 | 8.8 | 5.5 | 8.7 | -11.8% |
Top Suppliers of Buta-1,3-Diene and Isoprene to Singapore in 2022:
- South Korea (1910.5 tons)
- China (1545.3 tons)
- Taiwan (Chinese) (225.7 tons)
This report provides an in-depth analysis of the buta-1,3-diene and isoprene market 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 20141160 - Buta-1,3-diene and isoprene
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.
-
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
-
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
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