Report Update Nov 1, 2024

Singapore - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in Singapore

The Singaporean platinum catalysts market was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption enjoyed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Platinum Catalysts Production in Singapore

In value terms, platinum catalysts production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 330%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Platinum Catalysts Exports

Exports from Singapore

In 2022, the amount of platinum catalysts exported from Singapore skyrocketed to X tons, growing by 33% compared with the previous year. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 718%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, platinum catalysts exports skyrocketed to $X in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 1,201% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Indonesia (X tons) and Germany (X tons) were the main destinations of platinum catalysts exports from Singapore.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +3.1%).

In value terms, the largest markets for platinum catalysts exported from Singapore were Indonesia ($X) and Germany ($X).

Indonesia, with a CAGR of +26.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average platinum catalysts export price amounted to $X per kg, picking up by 94% against the previous year. In general, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 153% against the previous year. As a result, the export price reached the peak level of $X per kg. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per kg), while the average price for exports to Indonesia amounted to $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.

Platinum Catalysts Imports

Imports into Singapore

In 2022, purchases abroad of platinum catalysts was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, platinum catalysts imports surged to $X in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 677% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons) was the main platinum catalysts supplier to Singapore, with a 92% share of total imports. Moreover, platinum catalysts imports from Germany exceeded the figures recorded by the second-largest supplier, Malaysia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +103.3%.

In value terms, Germany ($X) constituted the largest supplier of platinum catalysts to Singapore, comprising 99.9% of total imports. The second position in the ranking was taken by Malaysia ($X), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +144.0%.

Import Prices by Country

In 2022, the average platinum catalysts import price amounted to $X per kg, dropping by -98% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 an increase of 6,650%. The import price peaked at $X per kg in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per kg), while the price for Malaysia amounted to $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+336.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for platinum catalysts in the world?

Portugal constituted the country with the largest volume of platinum catalysts consumption, comprising approx. 38% of total volume. Moreover, platinum catalysts consumption in Portugal exceeded the figures recorded by the second-largest consumer, Indonesia, twofold. The UK ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of platinum catalysts in the world?

The country with the largest volume of platinum catalysts production was the UK, accounting for 46% of total volume. Moreover, platinum catalysts production in the UK exceeded the figures recorded by the second-largest producer, Norway, threefold. Spain ranked third in terms of total production with an 8.9% share.

What are the leading suppliers of platinum catalysts to Singapore?

In value terms, Indonesia and Germany were the largest platinum catalysts suppliers to Singapore.

What are the leading importers of platinum catalysts from Singapore?

In value terms, Germany remains the key foreign market for platinum catalysts exports from Singapore, comprising 86% of total exports. The second position in the ranking was occupied by Indonesia, with a 14% share of total exports.

What is the average export price for platinum catalysts in Singapore?

In 2021, the average platinum catalysts export price amounted to $5,146 per kg, surging by 13% against the previous year.

What is the average import price for platinum catalysts in Singapore?

In 2021, the average platinum catalysts import price amounted to $377,661 per ton, with an increase of 14% against the previous year.

This report provides an in-depth analysis of the platinum catalysts market 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 24413070 - Platinum catalysts in the form of wire cloth or grill

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023