Singapore: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Singapore

In 2022, the Singaporean hydrazine and hydroxylamine derivatives market increased by 24% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. Hydrazine and hydroxylamine derivatives consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Singapore

In value terms, hydrazine and hydroxylamine derivatives production expanded slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 36% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports from Singapore

In 2022, approx. X tons of organic derivatives of hydrazine or of hydroxylamine were exported from Singapore; with a decrease of -21.7% compared with the year before. In general, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 46% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hydrazine and hydroxylamine derivatives exports reduced notably to $X in 2022. Over the period under review, exports, however, saw a tangible expansion. The growth pace was the most rapid in 2013 when exports increased by 157% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for hydrazine and hydroxylamine derivatives exports from Singapore, accounting for a 40% share of total exports. Moreover, hydrazine and hydroxylamine derivatives exports to Malaysia exceeded the volume sent to the second major destination, Australia (X tons), twofold. Brunei Darussalam (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+13.6% per year) and Brunei Darussalam (+0.6% per year).

In value terms, Australia ($X) remains the key foreign market for organic derivatives of hydrazine or of hydroxylamine exports from Singapore, comprising 65% of total exports. The second position in the ranking was held by Japan ($X), with an 18% share of total exports. It was followed by China, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value to Australia stood at +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+0.3% per year) and China (+40.5% per year).

Export Prices by Country

The average hydrazine and hydroxylamine derivatives export price stood at $X per ton in 2022, increasing by 5.4% against the previous year. Overall, the export price showed resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 116% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while the average price for exports to Brunei Darussalam ($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 Myanmar (+81.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports into Singapore

In 2022, approx. X tons of organic derivatives of hydrazine or of hydroxylamine were imported into Singapore; jumping by 51% on the previous year's figure. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hydrazine and hydroxylamine derivatives imports surged to $X in 2022. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 201% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hungary (X tons), Indonesia (X tons) and India (X tons) were the main suppliers of hydrazine and hydroxylamine derivatives imports to Singapore, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +307.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) constituted the largest supplier of organic derivatives of hydrazine or of hydroxylamine to Singapore, comprising 63% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by Indonesia, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value from Hungary was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.0% per year) and Indonesia (+250.7% per year).

Import Prices by Country

The average hydrazine and hydroxylamine derivatives import price stood at $X per ton in 2022, reducing by -19.6% against the previous year. Over the period under review, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2016 an increase of 109%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Switzerland ($X per ton), while the price for Indonesia ($X 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 (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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