Singapore: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Singapore

In 2022, the Singaporean oxygen-function amino-compound market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, recorded prominent growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Oxygen-Function Amino-Compound Production in Singapore

In value terms, oxygen-function amino-compound production plummeted to $X in 2022 estimated in export price. Overall, production saw a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Oxygen-Function Amino-Compound Exports

Exports from Singapore

In 2022, shipments abroad of oxygen-function amino-compounds increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, oxygen-function amino-compound exports totaled $X in 2022. In general, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons) was the main destination for oxygen-function amino-compound exports from Singapore, with a X% share of total exports. Moreover, oxygen-function amino-compound exports to Thailand exceeded the volume sent to the second major destination, Indonesia (X tons), threefold. The third position in this ranking was taken by Malaysia (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Malaysia (X% per year).

In value terms, Belgium ($X) remains the key foreign market for oxygen-function amino-compounds exports from Singapore, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with an X% share of total exports. It was followed by Ireland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Ireland (X% per year).

Export Prices by Country

In 2022, the average oxygen-function amino-compound export price amounted to $X per ton, approximately equating the previous year. Overall, the export price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Belgium ($X,428 per ton), while the average price for exports to Malaysia ($X 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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Singapore

In 2022, overseas purchases of oxygen-function amino-compounds decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, oxygen-function amino-compound imports expanded markedly to $X in 2022. Over the period under review, imports showed a slight decrease. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), the United States (X tons) and China (X tons) were the main suppliers of oxygen-function amino-compound imports to Singapore, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) were the largest oxygen-function amino-compound suppliers to Singapore, with a combined X% share of total imports. Spain, Saudi Arabia, India, Malaysia, the UK, Belgium and Japan lagged somewhat behind, together accounting for a further X%.

Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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