Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore (CIF) - 2022
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore (FOB) - 2022
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore (CIF) - 2022
The average import price for glycosides; rutoside (rutin) and its derivativeses stood at $76,035 per ton in 2022, increasing by 10% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 69%. As a result, import price reached the peak level of $77,781 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
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 Japan ($84,824 per ton), while the price for India ($51,000 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by India (+44.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore (FOB) - 2022
The average export price for glycosides; rutoside (rutin) and its derivativeses stood at $62,241 per ton in 2022, falling by -37.6% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 77%. Over the period under review, the average export prices reached the maximum at $316,972 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($60,968 per ton), while the average price for exports to South Africa stood at $54,848 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-19.0%).
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore
In 2022, imports of glycosides; rutoside (rutin) and its derivativeses into Singapore declined dramatically to 2.9 tons, waning by -27.5% compared with the year before. Over the period under review, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 887% against the previous year.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses fell significantly to $218K in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 778% against the previous year.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 14.6 | 102 | 102 | 164.3% |
| Malaysia | 243 | 0.2 | 120 | 93.0 | -27.4% |
| China | 24.5 | 7.0 | 29.8 | 20.0 | -6.5% |
| Others | 7.7 | 9.4 | 22.4 | 3.3 | -24.6% |
| Total | 275 | 31.2 | 274 | 218 | -7.5% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Singapore in 2022:
- Malaysia (1324.0 kg)
- Japan (1201.0 kg)
- China (330.0 kg)
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore
For the fourth year in a row, Singapore recorded growth in overseas shipments of glycosides; rutoside (rutin) and its derivativeses, which increased by 5.4% to 1.2 tons in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,695% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses reduced rapidly to $75K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,712% against the previous year. As a result, the exports attained the peak of $115K, and then reduced rapidly in the following year.
| Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | N/A | 69.5 | 0% |
| South Africa | N/A | N/A | N/A | 3.6 | 0% |
| Argentina | N/A | N/A | 15.6 | N/A | 0% |
| Thailand | 2.2 | 2.4 | 0.7 | N/A | -43.6% |
| Indonesia | 1.7 | 2.2 | 0.7 | N/A | -35.8% |
| Ireland | N/A | N/A | 94.2 | N/A | 0% |
| Others | 1.0 | 1.6 | 3.4 | 2.3 | 32.0% |
| Total | 4.9 | 6.3 | 115 | 75.4 | 148.7% |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Singapore in 2022:
- Chile (1140.0 kg)
- South Africa (66.0 kg)
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