Price for Phosphates; N.E.S in Item No. 2835.2 in Singapore - 2022
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Singapore (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Singapore (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Singapore
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Singapore
Price for Phosphates; N.E.S in Item No. 2835.2 in Singapore (CIF) - 2022
The average import price for phosphates; n.e.s in item no. 2835.2s stood at $3,479 per ton in 2022, shrinking by -29.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 42%. As a result, import price reached the peak level of $4,961 per ton, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($7,065 per ton), while the price for Taiwan (Chinese) ($1,168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in Singapore (FOB) - 2022
In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $3,701 per ton, increasing by 5.8% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for phosphates; n.e.s in item no. 2835.2s decreased by -6.6% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,961 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 Vietnam ($5,508 per ton), while the average price for exports to Myanmar ($2,438 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 Pakistan (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Singapore
After two years of decline, purchases abroad of phosphates; n.e.s in item no. 2835.2s increased by 39% to 1.2K tons in 2022. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s dropped slightly to $4.2M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of $4.3M, and then declined slightly in the following year.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 297 | 262 | 284 | 912 | 45.3% |
| Germany | 548 | 491 | 508 | 622 | 4.3% |
| Poland | N/A | N/A | 1.6 | 593 | 36962.5% |
| Belgium | 192 | 556 | 602 | 452 | 33.0% |
| United States | 1,620 | 1,113 | 1,295 | 436 | -35.4% |
| Malaysia | 11.6 | 21.9 | 4.9 | 318 | 201.5% |
| Israel | 197 | 131 | 49.3 | 192 | -0.9% |
| France | 62.0 | 58.2 | 152 | 95.2 | 15.4% |
| Taiwan (Chinese) | 27.2 | 45.2 | 41.6 | 43.2 | 16.7% |
| Others | 376 | 426 | 1,406 | 577 | 15.3% |
| Total | 3,331 | 3,104 | 4,345 | 4,240 | 8.4% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Singapore in 2022:
- China (525.9 tons)
- Poland (140.0 tons)
- Germany (107.6 tons)
- Israel (101.4 tons)
- United States (65.8 tons)
- Belgium (64.0 tons)
- Malaysia (55.9 tons)
- Taiwan (Chinese) (37.0 tons)
- France (31.5 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Singapore
In 2022, overseas shipments of phosphates; n.e.s in item no. 2835.2s increased by 121% to 316 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a pronounced increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s surged to $1.2M in 2022. Over the period under review, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 91.1 | 120 | 99.7 | 506 | 77.1% |
| Malaysia | 579 | 361 | 230 | 317 | -18.2% |
| Bangladesh | 11.4 | 87.8 | 1.3 | 92.0 | 100.6% |
| Vietnam | 81.3 | 53.8 | 55.0 | 63.3 | -8.0% |
| Philippines | 32.5 | 37.8 | 41.9 | 52.5 | 17.3% |
| Myanmar | N/A | N/A | N/A | 46.9 | 0% |
| Pakistan | 25.9 | 21.5 | 45.8 | 30.1 | 5.1% |
| Thailand | 132 | 1.7 | 6.8 | 1.3 | -78.6% |
| Others | 32.5 | 168 | 20.1 | 58.6 | 21.7% |
| Total | 986 | 852 | 500 | 1,168 | 5.8% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Singapore in 2022:
- Indonesia (176.5 tons)
- Malaysia (63.1 tons)
- Myanmar (19.3 tons)
- Bangladesh (19.1 tons)
- Vietnam (11.5 tons)
- Philippines (10.0 tons)
- Pakistan (8.5 tons)
- Thailand (0.2 tons)
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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