Salts; Sodium Dichromate Price in Singapore - 2022
Contents:
- Salts; Sodium Dichromate Price in Singapore (FOB) - 2022
- Salts; Sodium Dichromate Price in Singapore (CIF) - 2022
- Salts; Sodium Dichromate Exports in Singapore
- Salts; Sodium Dichromate Imports in Singapore
Salts; Sodium Dichromate Price in Singapore (FOB) - 2022
In 2022, the average salts; sodium dichromate export price amounted to $4,818 per ton, which is down by -19.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 59%. As a result, the export price reached the peak level of $7,129 per ton. From 2016 to 2022, the average 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 Indonesia ($5,469 per ton), while the average price for exports to Malaysia ($3,304 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 Indonesia (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Salts; Sodium Dichromate Price in Singapore (CIF) - 2022
The average salts; sodium dichromate import price stood at $3,237 per ton in 2022, rising by 16% against the previous year. Overall, the import price showed a measured expansion. The most prominent rate of growth was recorded in 2014 an increase of 104%. As a result, import price attained the peak level of $5,937 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($5,802 per ton), while the price for South Africa ($2,867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+48.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Sodium Dichromate Exports in Singapore
In 2022, after three years of growth, there was significant decline in shipments abroad of salts; sodium dichromate, when their volume decreased by -27.1% to 20 tons. In general, exports showed a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of 27 tons, and then contracted dramatically in the following year.
In value terms, salts; sodium dichromate exports dropped remarkably to $95K in 2022. Over the period under review, exports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 64%.
| Export of Salts; Sodium Dichromate in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 0.1 | N/A | N/A | 46.0 | 671.9% |
| Indonesia | 55.5 | 62.2 | 66.0 | 24.3 | -24.1% |
| Vietnam | 11.8 | 24.9 | 14.3 | 14.2 | 6.4% |
| Malaysia | 19.1 | 47.5 | 81.0 | 10.0 | -19.4% |
| Others | 4.8 | 14.7 | 1.5 | 0.9 | -42.8% |
| Total | 91.3 | 149 | 163 | 95.4 | 1.5% |
Top Export Markets for Salts; Sodium Dichromate from Singapore in 2022:
- Philippines (9.5 tons)
- Indonesia (4.5 tons)
- Malaysia (3.0 tons)
- Vietnam (2.7 tons)
Salts; Sodium Dichromate Imports in Singapore
In 2022, supplies from abroad of salts; sodium dichromate decreased by -6.9% to 33 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% 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 +62.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of 36 tons, and then dropped in the following year.
In value terms, salts; sodium dichromate imports amounted to $107K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +52.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Salts; Sodium Dichromate in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 29.7 | 22.4 | 42.9 | 57.3 | 24.5% |
| United States | 2.0 | 9.2 | 37.3 | 44.6 | 181.5% |
| Malaysia | 20.9 | 18.8 | 11.3 | 5.0 | -37.9% |
| Russia | 13.8 | 17.8 | 2.7 | N/A | -55.8% |
| Others | 4.7 | 2.3 | 4.9 | 0.5 | -52.6% |
| Total | 71.1 | 70.5 | 99.0 | 107 | 14.6% |
Top Suppliers of Salts; Sodium Dichromate to Singapore in 2022:
- South Africa (20.0 tons)
- United States (12.2 tons)
- Malaysia (0.9 tons)
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