Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore (CIF) - 2022
In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $15,561 per ton, increasing by 3.8% against the previous year. In general, the import price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 an increase of 46% against the previous year. The import price peaked at $31,943 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 Japan ($19,453 per ton), while the price for the United States ($10,491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore (FOB) - 2022
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $20,025 per ton in 2022, which is down by -6.9% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. Over the period under review, the average export prices attained the maximum at $37,914 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Thailand ($23,473 per ton), while the average price for exports to Hong Kong SAR ($14,523 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 Thailand (-3.5%), while the prices for the other major destinations experienced a decline.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore
In 2022, approx. 3.9K tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were imported into Singapore; with an increase of 43% compared with the previous year. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol surged to $61M in 2022. In general, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 24.3 | 18.4 | 11.3 | 21.3 | -4.3% |
| China | 21.3 | 15.9 | 14.9 | 20.5 | -1.3% |
| United States | 0.2 | 4.8 | 6.8 | 8.2 | 244.8% |
| Germany | 5.8 | 0.6 | 3.6 | 4.3 | -9.5% |
| Malaysia | 3.2 | 4.6 | 2.9 | 4.2 | 9.5% |
| Japan | 1.7 | 1.0 | 1.2 | 1.5 | -4.1% |
| Others | 1.5 | N/A | 0.1 | 0.7 | -22.4% |
| Total | 58.0 | 45.2 | 40.9 | 60.9 | 1.6% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Singapore in 2022:
- India (1222.9 tons)
- China (1084.0 tons)
- United States (784.2 tons)
- Germany (373.2 tons)
- Malaysia (342.8 tons)
- Japan (79.7 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore
In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol exported from Singapore soared to 2.5K tons, with an increase of 69% against the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol surged to $50M in 2022. Overall, total exports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 17.2 | 16.1 | 16.7 | 21.0 | 6.9% |
| China | 9.5 | 9.5 | 4.1 | 9.5 | 0.0% |
| United States | 4.9 | 4.2 | 2.6 | 4.8 | -0.7% |
| Indonesia | 3.5 | 3.6 | 3.2 | 4.2 | 6.3% |
| Vietnam | 3.8 | 3.2 | 2.0 | 3.7 | -0.9% |
| Thailand | 1.9 | 2.0 | 0.7 | 1.9 | 0.0% |
| Taiwan (Chinese) | 1.7 | 1.5 | 0.8 | 1.6 | -2.0% |
| Others | 4.0 | 2.6 | 1.3 | 3.0 | -9.1% |
| Total | 46.4 | 42.8 | 31.5 | 49.7 | 2.3% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Singapore in 2022:
- South Korea (918.1 tons)
- China (563.6 tons)
- United States (275.0 tons)
- Vietnam (199.9 tons)
- Indonesia (188.3 tons)
- Taiwan (Chinese) (91.9 tons)
- Thailand (78.8 tons)
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