Singapore - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphates Price in Singapore - 2022
Contents:
- Sulphates Price in Singapore (CIF) - 2022
- Sulphates Price in Singapore (FOB) - 2022
- Sulphates Imports in Singapore
- Sulphates Exports in Singapore
Sulphates Price in Singapore (CIF) - 2022
In 2022, the average sulphates import price amounted to $692 per ton, reducing by -21.2% against the previous year. Over the period under review, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 51%. The import price peaked at $2,068 per ton in 2015; however, from 2016 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 Finland ($7,609 per ton), while the price for Indonesia ($62 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates Price in Singapore (FOB) - 2022
The average sulphates export price stood at $1,062 per ton in 2022, reducing by -12.6% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 45% against the previous year. The export price peaked at $4,235 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5,534 per ton), while the average price for exports to Bangladesh ($203 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 Tanzania (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphates Imports in Singapore
In 2022, approx. 30K tons of sulphates (excluding those of aluminium and barium) were imported into Singapore; growing by 4.1% against the previous year. Overall, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.
In value terms, sulphates imports declined dramatically to $21M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $26M, and then fell notably in the following year.
| Import of Sulphates in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 4.6 | 5.7 | 4.5 | 8.7% |
| United States | 2.5 | 3.4 | 5.2 | 4.1 | 17.9% |
| Belgium | 1.7 | 2.3 | 4.0 | 3.2 | 23.5% |
| Taiwan (Chinese) | 1.2 | 1.4 | 2.2 | 1.8 | 14.5% |
| Germany | 1.8 | 2.2 | 2.2 | 1.8 | 0.0% |
| Japan | 1.7 | 2.5 | 1.5 | 1.5 | -4.1% |
| Indonesia | 2.3 | 0.7 | 0.9 | 1.0 | -24.2% |
| Malaysia | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| Others | 4.6 | 2.2 | 3.3 | 2.7 | -16.3% |
| Total | 19.8 | 19.6 | 25.5 | 20.9 | 1.8% |
Top Suppliers of Sulphates to Singapore in 2022:
- Indonesia (16.3K tons)
- China (7.0K tons)
- Japan (1.6K tons)
- Malaysia (1.2K tons)
- Germany (1.1K tons)
- United States (1.0K tons)
- Belgium (0.8K tons)
- Taiwan (Chinese) (0.7K tons)
Sulphates Exports in Singapore
For the third year in a row, Singapore recorded decline in shipments abroad of sulphates (excluding those of aluminium and barium), which decreased by -4.9% to 13K tons in 2022. In general, exports showed a sharp decrease.
In value terms, sulphates exports plummeted to $14M in 2022. Over the period under review, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 30%. As a result, the exports reached the peak of $17M, and then reduced dramatically in the following year.
| Export of Sulphates in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.1 | 2.4 | 3.8 | 3.1 | 0.0% |
| Indonesia | 2.2 | 2.3 | 3.8 | 3.0 | 10.9% |
| China | 3.2 | 2.5 | 2.6 | 2.2 | -11.7% |
| Taiwan (Chinese) | 0.8 | 1.3 | 1.7 | 1.4 | 20.5% |
| Thailand | 0.9 | 1.3 | 1.3 | 1.0 | 3.6% |
| Bangladesh | 1.6 | 0.2 | 0.7 | 0.7 | -24.1% |
| India | 0.9 | 0.5 | 0.6 | 0.5 | -17.8% |
| Tanzania | 0.7 | 0.3 | N/A | N/A | -57.1% |
| Others | 2.7 | 2.4 | 2.7 | 2.4 | -3.9% |
| Total | 16.1 | 13.2 | 17.2 | 14.3 | -3.9% |
Top Export Markets for Sulphates from Singapore in 2022:
- Indonesia (3.9K tons)
- Bangladesh (3.3K tons)
- Thailand (2.1K tons)
- Malaysia (1.4K tons)
- China (1.4K tons)
- India (0.4K tons)
- Taiwan (Chinese) (0.3K tons)
This report provides an in-depth analysis of the sulphates market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134157 - Sulphates (excluding those of aluminium and barium)
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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