Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore - 2022

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore (CIF) - 2022
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore (FOB) - 2022
  3. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore
  4. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore (CIF) - 2022

The average sulphates; alums; peroxosulphates (persulphates) import price stood at $728 per ton in September 2022, falling by -32.4% against the previous month. Over the period under review, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in May 2022 an increase of 75% month-to-month. As a result, import price attained the peak level of $1,608 per ton. From June 2022 to September 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Taiwan (Chinese) ($5,489 per ton), while the price for Malaysia ($182 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore (FOB) - 2022

The average sulphates; alums; peroxosulphates (persulphates) export price stood at $4,887 per ton in September 2022, growing by 128% against the previous month. Overall, the export price posted strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In September 2022, the country with the highest price was Indonesia ($9,805 per ton), while the average price for exports to Bangladesh ($2,119 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+66.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore

In 2022, after two years of decline, there was significant growth in overseas purchases of sulphates; alums; peroxosulphates (persulphates)s, when their volume increased by 11% to 57K tons. Overall, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports rose remarkably to $32M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.95.16.55.512.1%
United States3.63.75.73.70.9%
Japan2.43.02.33.513.4%
Taiwan (Chinese)1.21.42.33.137.2%
Indonesia2.41.31.52.74.0%
Germany2.02.32.42.11.6%
Malaysia2.52.92.01.6-13.8%
Thailand0.60.50.91.535.7%
Others6.04.67.08.211.0%
Total24.624.830.532.19.3%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Singapore in 2022:

  1. Indonesia (20.9K tons)
  2. Malaysia (18.8K tons)
  3. China (8.1K tons)
  4. Thailand (2.6K tons)
  5. Japan (2.1K tons)
  6. Taiwan (Chinese) (1.1K tons)
  7. United States (1.0K tons)
  8. Germany (0.6K tons)

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore

In 2022, overseas shipments of sulphates; alums; peroxosulphates (persulphates)s were finally on the rise to reach 18K tons after two years of decline. Overall, exports, however, saw a abrupt curtailment.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports expanded markedly to $20M in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 8.3% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia2.32.43.85.432.9%
Malaysia3.82.84.35.110.3%
Thailand1.21.51.71.712.3%
Taiwan (Chinese)0.86.31.81.626.0%
China3.22.62.71.6-20.6%
Vietnam1.00.91.31.39.1%
Bangladesh1.70.20.70.8-22.2%
India0.90.60.60.4-23.7%
Tanzania0.70.3N/AN/A-57.1%
Others2.41.81.71.9-7.5%
Total17.919.418.519.83.4%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Singapore in 2022:

  1. Indonesia (6.8K tons)
  2. Bangladesh (3.9K tons)
  3. Thailand (3.4K tons)
  4. Malaysia (1.2K tons)
  5. Taiwan (Chinese) (0.7K tons)
  6. Vietnam (0.7K tons)
  7. China (0.7K tons)
  8. India (0.4K tons)

Source: IndexBox Market Intelligence Platform

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