Singapore - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Hydroxide Price in Singapore - 2022
Contents:
- Potassium Hydroxide Price in Singapore (CIF) - 2022
- Potassium Hydroxide Price in Singapore (FOB) - 2022
- Potassium Hydroxide Imports in Singapore
- Potassium Hydroxide Exports in Singapore
Potassium Hydroxide Price in Singapore (CIF) - 2022
In 2022, the average potassium hydroxide import price amounted to $1,082 per ton, picking up by 23% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The import price peaked at $2,150 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 ($5,275 per ton), while the price for Thailand ($714 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Hydroxide Price in Singapore (FOB) - 2022
The average potassium hydroxide export price stood at $3,331 per ton in 2022, rising by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2020 when the average export price increased by 25%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($4,010 per ton) and South Korea ($3,748 per ton), while the average price for exports to Malaysia ($3,170 per ton) and China ($3,561 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Hydroxide Imports in Singapore
After three years of growth, supplies from abroad of potassium hydroxide (caustic potash) decreased by -18.1% to 24K tons in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 12%. As a result, imports reached the peak of 29K tons, and then dropped significantly in the following year.
In value terms, potassium hydroxide imports reached $26M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 11%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Potassium Hydroxide in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 3.1 | 2.8 | 5.1 | 15.3 | 70.3% |
| United States | 6.7 | 8.1 | 8.7 | 4.3 | -13.7% |
| Thailand | 0.5 | 1.6 | 1.6 | 2.4 | 68.7% |
| Taiwan (Chinese) | 0.9 | 0.9 | 1.0 | 1.2 | 10.1% |
| Germany | 2.5 | 2.0 | 2.3 | 0.8 | -31.6% |
| Malaysia | 5.4 | 5.1 | 3.7 | N/A | -17.2% |
| Others | 2.7 | 2.5 | 3.1 | 1.7 | -14.3% |
| Total | 21.9 | 22.9 | 25.5 | 25.6 | 5.3% |
Top Suppliers of Potassium Hydroxide to Singapore in 2022:
- Malaysia (undefinedK tons)
- South Korea (17.1K tons)
- Thailand (3.3K tons)
- Taiwan (Chinese) (0.9K tons)
- Germany (0.9K tons)
- United States (0.8K tons)
Potassium Hydroxide Exports in Singapore
In 2022, exports of potassium hydroxide (caustic potash) from Singapore dropped rapidly to 1.5K tons, waning by -28.7% against 2021 figures. Over the period under review, exports showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports attained the peak of 2.1K tons, and then shrank markedly in the following year.
In value terms, potassium hydroxide exports plummeted to $5M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of $6.9M, and then reduced notably in the following year.
| Export of Potassium Hydroxide in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.0 | 3.9 | 5.4 | 3.9 | -0.8% |
| South Korea | 0.1 | 0.7 | 1.1 | 0.5 | 71.0% |
| Philippines | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Others | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Total | 4.4 | 4.9 | 6.9 | 5.0 | 4.4% |
Top Export Markets for Potassium Hydroxide from Singapore in 2022:
- Malaysia (1218.5 tons)
- South Korea (121.2 tons)
- Philippines (103.3 tons)
This report provides an in-depth analysis of the potassium hydroxide 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 20132530 - Potassium hydroxide (caustic potash)
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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