Singapore - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chromium Ore and Concentrate in Singapore - 2022
Contents:
- Price for Chromium Ore and Concentrate in Singapore (CIF) - 2022
- Price for Chromium Ore and Concentrate in Singapore (FOB) - 2022
- Imports of Chromium Ore and Concentrate in Singapore
- Exports of Chromium Ore and Concentrate in Singapore
Price for Chromium Ore and Concentrate in Singapore (CIF) - 2022
The average chromium ore and concentrate import price stood at $813 per ton in 2022, picking up by 9.6% against the previous year. Overall, the import price enjoyed slight growth. The most prominent rate of growth was recorded in 2017 an increase of 249%. Over the period under review, average import prices reached the peak figure at $2,036 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 China ($915 per ton), while the price for Gambia stood at $151 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+9.6%), while the prices for the other major suppliers experienced a decline.
Price for Chromium Ore and Concentrate in Singapore (FOB) - 2022
The average chromium ore and concentrate export price stood at $151 per ton in 2022, reducing by -12.4% against the previous year. In general, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2017 an increase of 98%. The export price peaked at $734 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($151 per ton), while the average price for exports to China amounted to $151 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-12.1%), while the prices for the other major destinations experienced a decline.
Imports of Chromium Ore and Concentrate in Singapore
In 2022, approx. 200 tons of chromium ores and concentrates were imported into Singapore; falling by -7.5% compared with the previous year's figure. In general, imports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 6,244%.
In value terms, chromium ore and concentrate imports stood at $163K in 2022. Over the period under review, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5,225%.
Import of Chromium Ore and Concentrate in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 262 | N/A | 151 | 159 | -15.3% |
Gambia | N/A | N/A | N/A | 4.1 | 0% |
Others | 39.2 | 3.0 | 10.0 | N/A | -49.5% |
Total | 301 | 3.0 | 161 | 163 | -18.5% |
Top Suppliers of Chromium Ore and Concentrate to Singapore in 2022:
- China (173.5 tons)
- Gambia (26.8 tons)
Exports of Chromium Ore and Concentrate in Singapore
After three years of growth, shipments abroad of chromium ores and concentrates decreased by -99.5% to 39 tons in 2022. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 294% against the previous year. As a result, the exports reached the peak of 7.7K tons, and then fell significantly in the following year.
In value terms, chromium ore and concentrate exports declined notably to $5.9K in 2022. In general, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 248%. As a result, the exports reached the peak of $1.3M, and then shrank rapidly in the following year.
Export of Chromium Ore and Concentrate in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 4.1 | 0% |
Malaysia | 52.0 | 77.1 | 1,320 | 1.9 | -66.8% |
United Kingdom | N/A | 305 | N/A | N/A | 0% |
India | 238 | N/A | N/A | N/A | 0% |
Others | 43.3 | N/A | 11.6 | N/A | -48.2% |
Total | 334 | 382 | 1,331 | 5.9 | -74.0% |
Top Export Markets for Chromium Ore and Concentrate from Singapore in 2022:
- China (26.8 tons)
- Malaysia (12.5 tons)
This report provides an in-depth analysis of the market for chromium ore and concentrate 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:
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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In 2022, chromium prices are forecast to surge onrising energy costs, while global metal production has not fully recovered from the Covid-crisis.
In 2020, global exports of chromium ores and concentrates reduced sharply by -10.2% y-o-y to 16M tons. China, the major importer of chromium ores and concentrates, comprises over 70% of the total global imports. In Q1 2021, shipments to the country stood at a level slightly lower than in the same period of 2020. South Africa remains the largest exporter worldwide, accounting for 79% of the total global exports.
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In 2016, the amount of chrome ore imported worldwide amounted to X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
In 2016, the amount of chrome ore imported worldwide amounted to X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
The global trade in chromium amounted to X million USD in 2015, fluctuating strongly over the period under review. After a X% drop in 2009, exports more than doubled in 2010. The growth trend reversed in 2012, and after a small increase in 2014, exp
Despite a X% drop in exports in 2014 compared to the previous year, South Africa continued its dominance in the global chromium ores and concentrates trade. In 2014, South Africa exported X million tons of chromium ores and concentrates totaling X
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