Alloy Steel Powders Price in Singapore - 2022
Contents:
- Alloy Steel Powders Price in Singapore (CIF) - 2022
- Alloy Steel Powders Price in Singapore (FOB) - 2022
- Alloy Steel Powders Imports in Singapore
- Alloy Steel Powders Exports in Singapore
Alloy Steel Powders Price in Singapore (CIF) - 2022
The average alloy steel powders import price stood at $12,480 per ton in 2022, rising by 39% against the previous year. Overall, the import price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2020 an increase of 42%. Over the period under review, average import prices attained the peak figure at $16,472 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($46,271 per ton), while the price for China ($3,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Alloy Steel Powders Price in Singapore (FOB) - 2022
In September 2022, the average alloy steel powders export price amounted to $8,609 per ton, falling by -4.4% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 91% m-o-m. As a result, the export price attained the peak level of $16,374 per ton. From June 2022 to September 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($49,857 per ton), while the average price for exports to Indonesia ($7,628 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Alloy Steel Powders Imports in Singapore
Alloy steel powders imports into Singapore was estimated at 1.6K tons in 2022, surging by 7.6% compared with 2021. In general, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 124% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, alloy steel powders imports skyrocketed to $20M in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Alloy Steel Powders in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.7 | 5.1 | 11.4 | 16.9 | 65.9% |
| United States | 1.1 | 0.8 | 0.7 | 1.3 | 5.7% |
| Taiwan (Chinese) | 0.5 | 0.1 | 0.2 | 0.4 | -7.2% |
| China | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| Canada | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Sweden | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 1.0 | 0.5 | 0.8 | 1.1 | 3.2% |
| Total | 6.8 | 6.8 | 13.7 | 20.5 | 44.5% |
Top Suppliers of Alloy Steel Powders to Singapore in 2022:
- Japan (1316.2 tons)
- China (111.6 tons)
- Canada (50.0 tons)
- Sweden (37.3 tons)
- Taiwan (Chinese) (31.3 tons)
- United States (27.2 tons)
Alloy Steel Powders Exports in Singapore
For the fourth year in a row, Singapore recorded growth in overseas shipments of alloy steel powderses, which increased by 24% to 1.5K tons in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 70%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, alloy steel powders exports surged to $15M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Alloy Steel Powders in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.0 | 3.8 | 7.4 | 11.0 | 40.1% |
| Malaysia | 1.0 | 1.1 | 1.0 | 1.5 | 14.5% |
| China | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Philippines | N/A | 1.1 | N/A | N/A | 0% |
| Others | 0.7 | 0.6 | 0.8 | 1.5 | 28.9% |
| Total | 5.8 | 6.6 | 9.6 | 14.6 | 36.0% |
Top Export Markets for Alloy Steel Powders from Singapore in 2022:
- Indonesia (1221.6 tons)
- China (151.9 tons)
- Malaysia (41.1 tons)
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