Singapore: Chloromethane And Chloroethane Market 2024

Chloromethane And Chloroethane Market Size in Singapore

The Singaporean chloromethane and chloroethane market totaled $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Chloromethane And Chloroethane Production in Singapore

In value terms, chloromethane and chloroethane production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Chloromethane And Chloroethane Exports

Exports from Singapore

In 2022, the amount of chloromethane (methyl chloride) and chloroethane (ethyl chloride) exported from Singapore skyrocketed to X tons, rising by X% against the year before. In general, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, chloromethane and chloroethane exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for chloromethane and chloroethane exports from Singapore, with a X% share of total exports. Moreover, chloromethane and chloroethane exports to Malaysia exceeded the volume sent to the second major destination, China (X kg), fourfold. Indonesia (X kg) ranked third in terms of total exports with a X% share.

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

In value terms, Malaysia ($X) emerged as the key foreign market for chloromethane (methyl chloride) and chloroethane (ethyl chloride) exports from Singapore, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

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

Export Prices by Country

In 2022, the average chloromethane and chloroethane export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 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 Germany ($X per ton), while the average price for exports to China ($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 Malaysia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Chloromethane And Chloroethane Imports

Imports into Singapore

In 2022, purchases abroad of chloromethane (methyl chloride) and chloroethane (ethyl chloride) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, chloromethane and chloroethane imports dropped slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Malaysia (X tons) and Germany (X tons) were the main suppliers of chloromethane and chloroethane imports to Singapore, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chloromethane and chloroethane suppliers to Singapore were China ($X), Malaysia ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chloromethane and chloroethane import price stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the import price, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices stood 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 ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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