Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore - 2022

Contents:

  1. Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore (CIF) - 2022
  2. Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore (FOB) - 2022
  3. Imports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore
  4. Exports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore

Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore (CIF) - 2022

The average import price for fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses stood at $23,390 per ton in 2022, jumping by 27% against the previous year. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 South Korea ($64,003 per ton), while the price for Taiwan (Chinese) ($595 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore (FOB) - 2022

In 2022, the average export price for fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses amounted to $24,111 per ton, leveling off at the previous year. Overall, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2020 an increase of 133% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($58,380 per ton), while the average price for exports to Sri Lanka ($1,475 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 Taiwan (Chinese) (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore

In 2022, supplies from abroad of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses increased by 24% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses soared to $40M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.07.813.819.534.6%
China1.33.85.09.191.3%
Japan2.24.34.98.456.3%
South Korea1.71.61.12.29.0%
Taiwan (Chinese)N/AN/AN/A0.20%
Malaysia2.71.20.10.2-58.0%
France0.60.40.20.1-45.0%
Others0.10.10.20.344.2%
Total16.519.225.340.034.3%

Top Suppliers of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts to Singapore in 2022:

  1. China (611.3 tons)
  2. United States (402.5 tons)
  3. Taiwan (Chinese) (280.8 tons)
  4. Japan (172.5 tons)
  5. Malaysia (133.0 tons)
  6. South Korea (34.7 tons)
  7. France (19.0 tons)

Exports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore

After two years of decline, shipments abroad of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses increased by 24% to 259 tons in 2022. Over the period under review, exports, however, saw a sharp setback.

In value terms, exports of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses surged to $6.2M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Export of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2,8433,2604,1344,94220.2%
China15587.028.529423.8%
South Korea20722225928611.4%
United States352203238278-7.6%
Sri Lanka43.787.278.910835.2%
Philippines21934.767.183.2-27.6%
Brunei DarussalamN/AN/A6.281.11208.1%
Taiwan (Chinese)25722.610778.1-32.8%
Japan41.215.945.543.92.1%
Others11748.123.240.7-29.7%
Total4,2363,9804,9876,23513.8%

Top Export Markets for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts from Singapore in 2022:

  1. Malaysia (93.6 tons)
  2. Sri Lanka (73.5 tons)
  3. Brunei Darussalam (25.0 tons)
  4. Philippines (23.0 tons)
  5. United States (11.0 tons)
  6. China (10.0 tons)
  7. South Korea (4.9 tons)
  8. Japan (4.8 tons)
  9. Taiwan (Chinese) (4.3 tons)

Source: IndexBox Market Intelligence Platform

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