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Singapore - Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSingapore: Market for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) 2024
Market Size for Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Singapore
In 2021, after two years of decline, there was significant growth in the Singaporean market for butanols (excluding butan-1-ol (n-butyl alcohol)), when its value increased by 84% to $X. Overall, consumption continues to indicate notable growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.
Production of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol)) in Singapore
In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) production totaled less than $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep downturn. The growth pace was the most rapid in 2016 with a decrease of 99.9% against the previous year. Butanols (excluding butan-1-ol (n-butyl alcohol)) production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Exports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol))
Exports from Singapore
For the fifth consecutive year, Singapore recorded growth in shipments abroad of butanols (excluding butan-1-ol (n-butyl alcohol)), which increased by 225% to X tons in 2021. In general, exports, however, showed a slight descent. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) exports soared to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Exports by Country
South Korea (X tons), Indonesia (X tons) and Bangladesh (X tons) were the main destinations of butanols (excluding butan-1-ol (n-butyl alcohol)) exports from Singapore, together accounting for 67% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +48.8%), while the other leaders experienced more modest paces of growth.
In value terms, South Korea ($X) emerged as the key foreign market for butanols (excluding butan-1-ol (n-butyl alcohol)) exports from Singapore, comprising 75% of total exports. The second position in the ranking was held by Indonesia ($X), with a 7.8% share of total exports. It was followed by Malaysia, with a 5% share.
From 2012 to 2021, the average annual growth rate of value to South Korea stood at +57.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+17.7% per year) and Malaysia (-2.8% per year).
Export Prices by Country
In 2021, the average export price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $X per ton, increasing by 77% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Butanols (Excluding Butan-1-Ol (N-Butyl Alcohol))
Imports into Singapore
Butanols (excluding butan-1-ol (n-butyl alcohol)) imports into Singapore skyrocketed to X tons in 2021, jumping by 150% against the previous year. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 203%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, butanols (excluding butan-1-ol (n-butyl alcohol)) imports skyrocketed to $X in 2021. Overall, imports showed strong growth. The growth pace was the most rapid in 2016 when imports increased by 232% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Malaysia (X tons) constituted the largest supplier of butanols (excluding butan-1-ol (n-butyl alcohol)) to Singapore, accounting for a 58% share of total imports. Moreover, butanols (excluding butan-1-ol (n-butyl alcohol)) imports from Malaysia exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. China (X tons) ranked third in terms of total imports with an 8.5% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia stood at +54.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-0.9% per year) and China (+10.4% per year).
In value terms, Malaysia ($X), India ($X) and China ($X) appeared to be the largest butanols (excluding butan-1-ol (n-butyl alcohol)) suppliers to Singapore, together comprising 73% of total imports. The United States, South Africa and Taiwan (Chinese) lagged somewhat behind, together comprising a further 21%.
Taiwan (Chinese), with a CAGR of +332.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average import price for butanols (excluding butan-1-ol (n-butyl alcohol)) amounted to $X per ton, reducing by -2.1% against the previous year. In general, the import price recorded a mild contraction. The pace of growth appeared the most rapid in 2016 an increase of 54% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for butanols (excluding butan-1-ol (n-butyl alcohol)) 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 20142240 - Butanols (excluding butan-1-ol (n-butyl alcohol))
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
-
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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