Price for Andalusite, Kyanite and Sillimanite in Singapore - 2022
Contents:
- Price for Andalusite, Kyanite and Sillimanite in Singapore (FOB) - 2022
- Price for Andalusite, Kyanite and Sillimanite in Singapore (CIF) - 2022
- Exports of Andalusite, Kyanite and Sillimanite in Singapore
- Imports of Andalusite, Kyanite and Sillimanite in Singapore
Price for Andalusite, Kyanite and Sillimanite in Singapore (FOB) - 2022
In 2022, the average andalusite, kyanite and sillimanite export price amounted to $1,564 per ton, with a decrease of -13.1% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 32%. The export price peaked at $1,800 per ton in 2021, and then dropped in the following year.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +11.5% per year.
Price for Andalusite, Kyanite and Sillimanite in Singapore (CIF) - 2022
In 2022, the average andalusite, kyanite and sillimanite import price amounted to $414 per ton, waning by -9.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $460 per ton in 2021, and then reduced in the following year.
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 India ($2,060 per ton), while the price for South Africa amounted to $335 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.7%).
Exports of Andalusite, Kyanite and Sillimanite in Singapore
After two years of decline, overseas shipments of andalusite, kyanite and sillimanites increased by 9.6% to 26 tons in 2022. In general, exports, however, showed a abrupt slump.
In value terms, andalusite, kyanite and sillimanite exports contracted slightly to $40K in 2022. The total export value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year.
| Export of Andalusite, Kyanite and Sillimanite in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 34.6 | 38.3 | 42.3 | 40.3 | 5.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 34.6 | 38.3 | 42.3 | 40.3 | 5.2% |
Top Export Markets for Andalusite, Kyanite and Sillimanite from Singapore in 2022:
- Malaysia (25.8 tons)
Imports of Andalusite, Kyanite and Sillimanite in Singapore
In 2022, after two years of decline, there was significant growth in purchases abroad of andalusite, kyanite and sillimanites, when their volume increased by 14% to 1.1 tons. Over the period under review, imports, however, saw a abrupt contraction.
In value terms, andalusite, kyanite and sillimanite imports reached $458 in 2022. Overall, imports, however, showed a perceptible descent.
| Import of Andalusite, Kyanite and Sillimanite in Singapore (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 356 | 314 | 335 | 353 | -0.3% |
| India | 140 | 112 | 108 | 103 | -9.7% |
| Ukraine | N/A | 43.0 | N/A | N/A | 0% |
| Others | 2.0 | 2.0 | 2.0 | 2.0 | 0.0% |
| Total | 498 | 471 | 445 | 458 | -2.8% |
Top Suppliers of Andalusite, Kyanite and Sillimanite to Singapore in 2022:
- South Africa (1053.0 kg)
- India (50.0 kg)
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