Key Market Indicators
Singaporean imports of benzene are expected to plunge 42.9% between 2021 and 2026, from 93,328,000 kilograms to 4,875,400 kilograms. Since 2005, demand has decreased by 20.4% year on year. In 2021, Singapore ranked 15th worldwide, with Japan leading the pack at 93,328,000 kilograms. The US, Belgium, and the Netherlands placed second, third, and fourth respectively. Exports of benzene from Singapore are projected to grow by a modest 0.1% between 2021 and 2026, from 195,520,000 kilograms to 199,850,000 kilograms. Since 2005, supply has increased by 7.2% year on year. In 2021, Singapore placed 14th globally, with Brazil taking the lead at 195,520,000 kilograms. India, Germany, and Japan took the second, third, and fourth positions respectively.