Borates; Peroxoborates (Perborates) Price in Singapore - 2022
Contents:
- Borates; Peroxoborates (Perborates) Price in Singapore (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Singapore (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Singapore
- Borates; Peroxoborates (Perborates) Exports in Singapore
Borates; Peroxoborates (Perborates) Price in Singapore (CIF) - 2022
In September 2022, the average borates; peroxoborates (perborates) import price amounted to $1,564 per ton, with a decrease of -94.3% against the previous month. Overall, the import price recorded a deep contraction. The growth pace was the most rapid in August 2022 an increase of 792% against the previous month. As a result, import price attained the peak level of $27,559 per ton, and then reduced markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Italy ($5,057 per ton), while the price for the United States ($926 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Borates; Peroxoborates (Perborates) Price in Singapore (FOB) - 2022
In 2022, the average borates; peroxoborates (perborates) export price amounted to $6,595 per ton, surging by 63% against the previous year. In general, the export price enjoyed a prominent increase. The growth pace was the most rapid in 2015 an increase of 74% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($7,859 per ton), while the average price for exports to Mauritius ($1,703 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 Australia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Imports in Singapore
In 2022, approx. 1.4K tons of borates; peroxoborates (perborates)s were imported into Singapore; rising by 19% compared with the year before. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, borates; peroxoborates (perborates) imports soared to $5.4M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Borates; Peroxoborates (Perborates) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,030 | 742 | 2,040 | 3,588 | 51.6% |
| United States | 515 | 560 | 338 | 816 | 16.6% |
| Italy | 109 | 275 | 320 | 562 | 72.8% |
| Turkey | 9.0 | 11.3 | 60.7 | 107 | 128.2% |
| Others | 127 | 74.2 | 191 | 323 | 36.5% |
| Total | 1,791 | 1,662 | 2,949 | 5,396 | 44.4% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Singapore in 2022:
- China (719.4 tons)
- United States (432.8 tons)
- Italy (101.0 tons)
- Turkey (76.7 tons)
Borates; Peroxoborates (Perborates) Exports in Singapore
In 2022, borates; peroxoborates (perborates) exports from Singapore dropped sharply to 82 tons, waning by -58.5% against 2021 figures. Over the period under review, exports showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 84%. As a result, the exports reached the peak of 197 tons, and then fell rapidly in the following year.
In value terms, borates; peroxoborates (perborates) exports fell dramatically to $538K in 2022. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 116%. As a result, the exports attained the peak of $796K, and then contracted dramatically in the following year.
| Export of Borates; Peroxoborates (Perborates) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 61.9 | 48.2 | 200 | 152 | 34.9% |
| Malaysia | 161 | 162 | 167 | 127 | -7.6% |
| New Zealand | 4.4 | 4.9 | 55.3 | 42.1 | 112.3% |
| South Korea | 43.3 | 18.5 | 34.7 | 26.4 | -15.2% |
| Philippines | 43.0 | 32.0 | 27.1 | 25.1 | -16.4% |
| Thailand | 21.0 | 55.5 | 20.0 | 23.7 | 4.1% |
| Pakistan | 22.9 | 8.0 | 14.2 | 11.1 | -21.4% |
| Mauritius | 10.3 | 4.9 | 5.8 | 5.2 | -20.4% |
| United States | 24.2 | N/A | N/A | N/A | 0% |
| Japan | 11.6 | N/A | 73.7 | N/A | 152.1% |
| Saudi Arabia | 14.7 | N/A | N/A | N/A | 0% |
| Others | 11.4 | 34.6 | 198 | 125 | 122.2% |
| Total | 430 | 369 | 796 | 538 | 7.8% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Singapore in 2022:
- Malaysia (30.0 tons)
- Indonesia (19.4 tons)
- New Zealand (9.6 tons)
- South Korea (6.0 tons)
- Thailand (3.9 tons)
- Philippines (3.5 tons)
- Mauritius (3.0 tons)
- Pakistan (2.0 tons)
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