Singapore - Polymethyl Methacrylate In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolymethyl Methacrylate Price in Singapore - 2022
Contents:
- Polymethyl Methacrylate Price in Singapore (FOB) - 2022
- Polymethyl Methacrylate Price in Singapore (CIF) - 2022
- Polymethyl Methacrylate Exports in Singapore
- Polymethyl Methacrylate Imports in Singapore
Polymethyl Methacrylate Price in Singapore (FOB) - 2022
In September 2022, the average polymethyl methacrylate export price amounted to $2,949 per ton, leveling off at the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in January 2022 an increase of 31% month-to-month. Over the period under review, the average export prices attained the maximum at $3,026 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 foreign markets. In September 2022, the country with the highest price was Thailand ($6,715 per ton), while the average price for exports to China ($2,391 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 Thailand (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Polymethyl Methacrylate Price in Singapore (CIF) - 2022
The average polymethyl methacrylate import price stood at $2,305 per ton in 2022, surging by 1.5% against the previous year. Over the period under review, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2013 an increase of 3.9% against the previous year. As a result, import price attained the peak level of $3,747 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 the United States ($5,554 per ton), while the price for Saudi Arabia ($2,123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Polymethyl Methacrylate Exports in Singapore
In 2022, approx. 95K tons of polymethyl methacrylate in primary forms were exported from Singapore; approximately reflecting the year before. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 3.1%. As a result, the exports reached the peak of 99K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, polymethyl methacrylate exports dropped modestly to $196M in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of $197M, leveling off in the following year.
Export of Polymethyl Methacrylate in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 82.3 | 55.8 | 75.9 | 80.2 | -0.9% |
Japan | 19.8 | 24.6 | 33.1 | 24.8 | 7.8% |
Indonesia | 18.9 | 10.8 | 18.9 | 22.4 | 5.8% |
India | 11.0 | 8.2 | 9.6 | 12.4 | 4.1% |
Malaysia | 7.8 | 9.0 | 11.4 | 10.8 | 11.5% |
Taiwan (Chinese) | 14.3 | 11.4 | 11.5 | 9.2 | -13.7% |
Vietnam | 5.2 | 5.4 | 7.0 | 7.5 | 13.0% |
Israel | 11.3 | 7.0 | 6.8 | 4.0 | -29.3% |
United States | 4.3 | 7.9 | 2.5 | 3.2 | -9.4% |
Others | 18.6 | 27.4 | 19.9 | 22.0 | 5.8% |
Total | 194 | 167 | 197 | 196 | 0.3% |
Top Export Markets for Polymethyl Methacrylate from Singapore in 2022:
- China (43.2K tons)
- Japan (11.5K tons)
- Indonesia (8.9K tons)
- India (6.0K tons)
- Malaysia (5.5K tons)
- Taiwan (Chinese) (4.8K tons)
- Vietnam (3.1K tons)
- Israel (1.8K tons)
- United States (1.2K tons)
Polymethyl Methacrylate Imports in Singapore
In 2022, approx. 28K tons of polymethyl methacrylate in primary forms were imported into Singapore; growing by 72% compared with the previous year's figure. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, polymethyl methacrylate imports skyrocketed to $64M in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Polymethyl Methacrylate in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 8.5 | 9.3 | 17.6 | 45.2 | 74.5% |
Malaysia | 8.0 | 8.8 | 11.1 | 12.8 | 17.0% |
United States | 3.8 | 3.1 | 4.9 | 3.0 | -7.6% |
Others | 2.2 | 2.6 | 2.9 | 2.8 | 8.4% |
Total | 22.5 | 23.8 | 36.5 | 63.8 | 41.5% |
Top Suppliers of Polymethyl Methacrylate to Singapore in 2022:
- Saudi Arabia (21.3K tons)
- Malaysia (5.1K tons)
- United States (0.5K tons)
This report provides an in-depth analysis of the polymethyl methacrylate 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 20165350 - Polymethyl methacrylate, in primary forms
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 polymethyl methacrylate market in Singapore.
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