Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore - 2022

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore (CIF) - 2022
  2. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore (FOB) - 2022
  3. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore
  4. Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore (CIF) - 2022

In 2022, the average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $115,177 per ton, with a decrease of -18.2% against the previous year. Overall, the import price saw a slight contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 55% against the previous year. Over the period under review, average import prices reached the peak figure at $164,011 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($126,220 per ton) and Indonesia ($124,417 per ton), while the price for India ($90,015 per ton) and Romania ($102,440 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.0%), while the prices for the other major suppliers experienced a decline.

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore (FOB) - 2022

In 2022, the average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $587,407 per ton, surging by 135% against the previous year. In general, the export price recorded a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 155% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Arab Emirates ($701,326 per ton), while the average price for exports to Indonesia ($176,826 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 China (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore

In 2022, overseas purchases of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -54.3% to 2.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. As a result, imports reached the peak of 6.4 tons, and then fell remarkably in the following year.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves reduced sharply to $338K in 2022. Overall, imports, however, posted measured growth. The pace of growth appeared the most rapid in 2021 with an increase of 107%. As a result, imports attained the peak of $903K, and then dropped sharply in the following year.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia11.361.339.1215167.0%
India0.912529.666.7320.0%
Germany27623368638.0-48.4%
Netherlands7.314.24.16.3-4.8%
RomaniaN/AN/AN/A5.10%
Others11.43.21456.0-19.3%
Total3074379033383.3%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Singapore in 2022:

  1. Indonesia (1732.0 kg)
  2. India (741.0 kg)
  3. Germany (314.0 kg)
  4. Romania (50.0 kg)
  5. Netherlands (50.0 kg)

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore

In 2022, overseas shipments of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -83.6% to 123 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 152%.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves fell dramatically to $72K in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 427% against the previous year. As a result, the exports attained the peak of $188K, and then contracted remarkably in the following year.

Export of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A66.60%
Indonesia4.13.68.04.10.0%
ChinaN/AN/AN/A1.00%
NorwayN/AN/A174N/A0%
Argentina2.3N/AN/AN/A0%
Malaysia0.424.2N/AN/A5950.0%
India17.0N/A0.1N/A-92.3%
AustraliaN/A2.8N/AN/A0%
Others4.75.06.10.6-49.6%
Total28.635.718872.336.2%

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from Singapore in 2022:

  1. United Arab Emirates (95.0 kg)
  2. Indonesia (23.0 kg)
  3. China (2.0 kg)

Source: IndexBox Market Intelligence Platform

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