Price for Sodium Sulphates; Disodium Sulphate in Singapore - 2022
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Singapore (FOB) - 2022
- Price for Sodium Sulphates; Disodium Sulphate in Singapore (CIF) - 2022
- Exports of Sodium Sulphates; Disodium Sulphate in Singapore
- Imports of Sodium Sulphates; Disodium Sulphate in Singapore
Price for Sodium Sulphates; Disodium Sulphate in Singapore (FOB) - 2022
In 2022, the average sodium sulphates; disodium sulphate export price amounted to $149 per ton, jumping by 25% against the previous year. In general, the export price, however, saw a deep downturn. The pace of growth was the most pronounced in 2018 an increase of 219%. The export price peaked at $411 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($338 per ton), while the average price for exports to Thailand ($127 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 Myanmar (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sodium Sulphates; Disodium Sulphate in Singapore (CIF) - 2022
The average sodium sulphates; disodium sulphate import price stood at $790 per ton in 2022, which is down by -36.2% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2019 an increase of 1,623% against the previous year. As a result, import price reached the peak level of $2,957 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($10,319 per ton), while the price for China ($122 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+37.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Sodium Sulphates; Disodium Sulphate in Singapore
In 2022, exports of sodium sulphates; disodium sulphates from Singapore fell remarkably to 8.9K tons, declining by -27.8% compared with 2021 figures. Overall, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year.
In value terms, sodium sulphates; disodium sulphate exports reduced to $1.3M in 2022. In general, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 17%.
| Export of Sodium Sulphates; Disodium Sulphate in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 1,560 | 161 | 733 | 747 | -21.8% |
| Thailand | 270 | 541 | 581 | 397 | 13.7% |
| Myanmar | N/A | N/A | N/A | 65.3 | 0% |
| Tanzania | 667 | 289 | N/A | N/A | -56.7% |
| Others | 857 | 257 | 149 | 108 | -49.9% |
| Total | 3,355 | 1,248 | 1,463 | 1,318 | -26.8% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Singapore in 2022:
- Bangladesh (5.1K tons)
- Thailand (3.1K tons)
- Myanmar (0.4K tons)
Imports of Sodium Sulphates; Disodium Sulphate in Singapore
Sodium sulphates; disodium sulphate imports into Singapore surged to 1.8K tons in 2022, picking up by 102% compared with the year before. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sodium sulphates; disodium sulphate imports surged to $1.4M in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year.
| Import of Sodium Sulphates; Disodium Sulphate in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2,261 | 658 | 886 | 1,087 | -21.7% |
| China | 9.6 | 115 | 89.1 | 192 | 171.4% |
| Germany | 16.5 | 18.5 | 32.9 | 49.4 | 44.1% |
| Others | 94.7 | 33.1 | 72.7 | 67.3 | -10.8% |
| Total | 2,382 | 824 | 1,080 | 1,395 | -16.3% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Singapore in 2022:
- China (1574.8 tons)
- Indonesia (105.3 tons)
- Germany (26.8 tons)
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