Price for Iodides and Iodide Oxides in Singapore - 2022

Contents:

  1. Price for Iodides and Iodide Oxides in Singapore (CIF) - 2022
  2. Price for Iodides and Iodide Oxides in Singapore (FOB) - 2022
  3. Imports of Iodides and Iodide Oxides in Singapore
  4. Exports of Iodides and Iodide Oxides in Singapore

Price for Iodides and Iodide Oxides in Singapore (CIF) - 2022

In 2022, the average iodides and iodide oxides import price amounted to $45,419 per ton, growing by 27% against the previous year. Overall, the import price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55% against the previous year. The import price peaked at $60,470 per ton in 2012; however, from 2013 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 Germany ($88,347 per ton), while the price for the Netherlands ($12,542 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Iodides and Iodide Oxides in Singapore (FOB) - 2022

In 2022, the average iodides and iodide oxides export price amounted to $10,470 per ton, surging by 27% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 when the average export price increased by 87%. The export price peaked at $33,663 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($43,905 per ton), while the average price for exports to the Philippines ($2,645 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 Mexico (+1,017.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iodides and Iodide Oxides in Singapore

In 2022, overseas purchases of iodides and iodide oxideses decreased by -27% to 55 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, imports attained the peak of 101 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, iodides and iodide oxides imports dropped to $2.5M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year.

Import of Iodides and Iodide Oxides in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0771,8532,0602,08324.6%
China93.912839.613914.0%
India89.723229191.90.8%
Germany53.977.714680.214.2%
Chile35.83.547.553.614.4%
NetherlandsN/A2.134.228.1265.8%
Others30.242.777.922.2-9.7%
Total1,3812,3392,6962,49821.8%

Top Suppliers of Iodides and Iodide Oxides to Singapore in 2022:

  1. United States (45.4 tons)
  2. India (2.9 tons)
  3. Netherlands (2.2 tons)
  4. China (2.1 tons)
  5. Chile (1.3 tons)
  6. Germany (0.9 tons)

Exports of Iodides and Iodide Oxides in Singapore

Iodides and iodide oxides exports from Singapore declined notably to 40 tons in 2022, waning by -21.4% against 2021 figures. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 292%.

In value terms, iodides and iodide oxides exports amounted to $420K in 2022. Over the period under review, exports saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 124% against the previous year.

Export of Iodides and Iodide Oxides in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.61.422.0218261.9%
Malaysia13089.7111127-0.8%
United States2382.314472.8-32.6%
Philippines0.81.06.82.137.9%
Indonesia27.90.91300.2-80.7%
Thailand9.211.32.40.2-72.1%
India27.4N/A0.3N/A-89.5%
Taiwan (Chinese)20.422.2N/AN/A8.8%
Others7.858.53.80.4-62.8%
Total467187420420-3.5%

Top Export Markets for Iodides and Iodide Oxides from Singapore in 2022:

  1. China (29.4 tons)
  2. United States (6.8 tons)
  3. Malaysia (2.9 tons)
  4. Philippines (0.8 tons)
  5. Indonesia (0.1 tons)
  6. Thailand (0.1 tons)

Source: IndexBox Market Intelligence Platform

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