Price for Lecithins and Other Phosphoaminolipids in Singapore - 2023

Contents:

1. Price for Lecithins and Other Phosphoaminolipids in Singapore (CIF) - 2022
2. Price for Lecithins and Other Phosphoaminolipids in Singapore (FOB) - 2023
3. Imports of Lecithins and Other Phosphoaminolipids in Singapore
4. Exports of Lecithins and Other Phosphoaminolipids in Singapore

Price for Lecithins and Other Phosphoaminolipids in Singapore (CIF) - 2022

The average lecithins and other phosphoaminolipids import price stood at $2,112 per ton in 2022, picking up by 10% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25% against the previous year. The import price peaked at $2,876 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,084 per ton), while the price for Brazil ($1,055 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lecithins and Other Phosphoaminolipids in Singapore (FOB) - 2023

In September 2022, the average lecithins and other phosphoaminolipids export price amounted to $4,530 per ton, with an increase of 12% against the previous month. Over the period from June 2022 to September 2022, it increased at an average monthly rate of +3.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($9,991 per ton), while the average price for exports to India ($1,193 per ton) was amongst the lowest.

From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lecithins and Other Phosphoaminolipids in Singapore

In 2022, approx. 5.5K tons of lecithins and other phosphoaminolipidses were imported into Singapore; jumping by 28% on the year before. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids imports surged to $12M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lecithins and Other Phosphoaminolipids to Singapore in 2022:

1. Brazil (2118.2 tons)
2. Belgium (1172.3 tons)
3. India (960.9 tons)
4. China (385.8 tons)
5. United States (260.1 tons)
6. Malaysia (168.8 tons)
7. Thailand (162.0 tons)
8. Germany (132.1 tons)
9. Netherlands (116.8 tons)

Exports of Lecithins and Other Phosphoaminolipids in Singapore

In 2022, approx. 1.9K tons of lecithins and other phosphoaminolipidses were exported from Singapore; growing by 30% against the previous year's figure. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids exports surged to $6.6M in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Lecithins and Other Phosphoaminolipids from Singapore in 2022:

1. Indonesia (686.5 tons)
2. South Korea (394.0 tons)
3. India (226.2 tons)
4. Malaysia (137.7 tons)
5. Egypt (90.0 tons)
6. United States (81.9 tons)
7. New Zealand (63.1 tons)
8. Thailand (59.4 tons)
9. Germany (54.0 tons)
10. China (0.4 tons)

Source: IndexBox Market Intelligence Platform