Price for Asbestos, Other than Crocidolite in Singapore - 2022

Contents:

  1. Price for Asbestos, Other than Crocidolite in Singapore (CIF) - 2022
  2. Imports of Asbestos, Other than Crocidolite in Singapore

Price for Asbestos, Other than Crocidolite in Singapore (CIF) - 2022

The average asbestos, other than crocidolite import price stood at $667 per ton in 2022, with a decrease of -30.9% against the previous year. In general, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2020 when the average import price increased by 141%. As a result, import price attained the peak level of $3,013 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +61.2% per year.

Imports of Asbestos, Other than Crocidolite in Singapore

In 2022, the amount of asbestos, other than crocidolites imported into Singapore contracted significantly to 6 kg, with a decrease of -99.1% on the previous year's figure. Over the period under review, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year.

In value terms, asbestos, other than crocidolite imports declined sharply to $4 in 2022. Overall, imports recorded a significant decrease. The smallest decline of -32% was in 2020.

Import of Asbestos, Other than Crocidolite in Singapore (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A4.00%
China1,99467.0680N/A-41.6%
MalaysiaN/A1,289N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,9941,3566804.0-87.4%

Top Suppliers of Asbestos, Other than Crocidolite to Singapore in 2022:

  1. Australia (6.0 kg)

Source: IndexBox Market Intelligence Platform

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