Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore (FOB) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore (CIF) - 2022
3. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore
4. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $25,777 per ton, which is down by -5.8% against the previous year. In general, the export price saw a noticeable downturn. The growth pace was the most rapid in 2019 an increase of 8,151%. As a result, the export price reached the peak level of $321,348 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($45,971 per ton), while the average price for exports to China ($13,424 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 Indonesia (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $7,904 per ton in 2022, declining by -33.4% against the previous year. Over the period under review, the import price saw a significant decline. The pace of growth appeared the most rapid in 2016 an increase of 104%. Over the period under review, average import prices reached the peak figure at $78,801 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Japan ($10,207 per ton), while the price for Malaysia ($4,715 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore

In 2022, exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Singapore skyrocketed to 9.6 tons, rising by 130% on 2021. In general, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 278%.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $248K in 2022. Over the period under review, exports, however, showed a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 573%.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Singapore in 2022:

1. Malaysia (5.8 tons)
2. Indonesia (3.0 tons)
3. United States (0.4 tons)
4. China (0.4 tons)

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Singapore

In 2022, approx. 15 tons of polymers, natural; alginic acid, its salts and esters, in primary formses were imported into Singapore; increasing by 139% compared with the previous year. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $115K in 2022. In general, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 61%.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Singapore in 2022:

1. Thailand (6.2 tons)
2. Malaysia (2.3 tons)
3. China (2.3 tons)
4. Germany (1.6 tons)
5. Norway (0.7 tons)
6. Japan (0.6 tons)
7. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform