Singapore - Pickling Preparations For Metal Surfaces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Pickling Preparations Price in Singapore - 2022
Contents:
- Metal Pickling Preparations Price in Singapore (FOB) - 2022
- Metal Pickling Preparations Price in Singapore (CIF) - 2022
- Metal Pickling Preparations Exports in Singapore
- Metal Pickling Preparations Imports in Singapore
Metal Pickling Preparations Price in Singapore (FOB) - 2022
The average metal pickling preparations export price stood at $24,492 per ton in September 2022, surging by 20% against the previous month. Over the period under review, export price indicated pronounced growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, metal pickling preparations export price decreased by -12.4% against May 2022 indices. The pace of growth appeared the most rapid in December 2021 an increase of 46% month-to-month. The export price peaked at $27,974 per ton in May 2022; however, from June 2022 to September 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Vietnam ($97,161 per ton), while the average price for exports to Indonesia ($10,810 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 Indonesia (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Pickling Preparations Price in Singapore (CIF) - 2022
The average metal pickling preparations import price stood at $6,722 per ton in 2022, with an increase of 6.2% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal pickling preparations import price increased by +33.4% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 26%. The import price peaked in 2022 and is likely to continue growth in years to come.
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 the United States ($32,543 per ton), while the price for South Korea ($1,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Pickling Preparations Exports in Singapore
In 2022, overseas shipments of pickling preparations for metal surfaces decreased by -1.4% to 8.9K tons, falling for the second consecutive year after two years of growth. In general, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of 7.6% against the previous year. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, metal pickling preparations exports expanded modestly to $134M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Metal Pickling Preparations in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 35.6 | 35.7 | 39.3 | 39.5 | 3.5% |
| China | 13.4 | 16.7 | 23.1 | 23.3 | 20.2% |
| Indonesia | 10.7 | 14.5 | 13.2 | 13.3 | 7.5% |
| Vietnam | 9.3 | 8.9 | 13.1 | 13.2 | 12.4% |
| Thailand | 13.4 | 11.5 | 9.5 | 10.7 | -7.2% |
| South Korea | 5.6 | 6.3 | 9.2 | 9.3 | 18.4% |
| Philippines | 10.4 | 8.4 | 8.3 | 8.6 | -6.1% |
| Taiwan (Chinese) | 4.5 | 5.5 | 6.8 | 6.8 | 14.8% |
| Others | 8.0 | 9.0 | 9.3 | 9.3 | 5.1% |
| Total | 111 | 117 | 132 | 134 | 6.5% |
Top Export Markets for Metal Pickling Preparations from Singapore in 2022:
- Malaysia (3167.4 tons)
- China (1622.0 tons)
- Indonesia (1585.8 tons)
- Vietnam (644.9 tons)
- Thailand (540.4 tons)
- Taiwan (Chinese) (365.1 tons)
- South Korea (239.2 tons)
- Philippines (237.7 tons)
Metal Pickling Preparations Imports in Singapore
For the third year in a row, Singapore recorded decline in overseas purchases of pickling preparations for metal surfaces, which decreased by -8% to 5.3K tons in 2022. Overall, imports saw a abrupt setback. The smallest decline of -2.8% was in 2021.
In value terms, metal pickling preparations imports fell modestly to $36M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $37M, and then contracted slightly in the following year.
| Import of Metal Pickling Preparations in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.1 | 3.3 | 9.4 | 9.0 | 42.7% |
| United States | 9.5 | 6.5 | 6.8 | 7.9 | -6.0% |
| Taiwan (Chinese) | 4.4 | 6.1 | 6.2 | 5.9 | 10.3% |
| Japan | 6.0 | 4.8 | 5.4 | 5.1 | -5.3% |
| Malaysia | 3.1 | 2.4 | 1.4 | 1.7 | -18.1% |
| Germany | 2.7 | 2.8 | 0.9 | 1.6 | -16.0% |
| Thailand | 0.5 | 0.8 | 1.4 | 1.3 | 37.5% |
| Indonesia | 0.6 | 0.6 | 0.5 | 0.5 | -5.9% |
| France | 0.5 | 0.8 | 0.5 | 0.5 | 0.0% |
| Vietnam | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| South Korea | 0.6 | 0.1 | 0.2 | 0.2 | -30.7% |
| Poland | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 1.8 | 1.5 | 3.6 | 1.6 | -3.9% |
| Total | 33.0 | 30.1 | 36.7 | 35.9 | 2.8% |
Top Suppliers of Metal Pickling Preparations to Singapore in 2022:
- Malaysia (1042.2 tons)
- Germany (748.7 tons)
- China (745.1 tons)
- Taiwan (Chinese) (587.7 tons)
- Japan (542.5 tons)
- Indonesia (300.8 tons)
- Thailand (290.7 tons)
- United States (241.5 tons)
- France (200.8 tons)
- South Korea (159.1 tons)
- Vietnam (137.6 tons)
- Poland (62.5 tons)
This report provides an in-depth analysis of the metal pickling preparations market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595620 - Pickling preparations for metal surfaces
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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