Sulphides; of Sodium Price in Singapore - 2022
Contents:
- Sulphides; of Sodium Price in Singapore (FOB) - 2022
- Sulphides; of Sodium Price in Singapore (CIF) - 2022
- Sulphides; of Sodium Exports in Singapore
- Sulphides; of Sodium Imports in Singapore
Sulphides; of Sodium Price in Singapore (FOB) - 2022
The average sulphides; of sodium export price stood at $882 per ton in 2022, increasing by 73% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 260% against the previous year. Over the period under review, the average export prices hit record highs at $2,067 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 Malaysia ($1,896 per ton), while the average price for exports to the United States totaled $357 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.8%).
Sulphides; of Sodium Price in Singapore (CIF) - 2022
In 2022, the average sulphides; of sodium import price amounted to $970 per ton, surging by 25% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides; of sodium import price increased by +36.4% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 70%. As a result, import price reached the peak level of $1,129 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($976 per ton), while the price for China amounted to $960 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%).
Sulphides; of Sodium Exports in Singapore
In 2022, approx. 169 tons of sulphides; of sodia were exported from Singapore; declining by -89.6% compared with 2021 figures. In general, exports saw a sharp setback. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, the exports attained the peak of 1.6K tons, and then fell markedly in the following year.
In value terms, sulphides; of sodium exports shrank markedly to $149K in 2022. Over the period under review, exports showed a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 1.5%.
| Export of Sulphides; of Sodium in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 37.9 | 42.2 | 48.9 | 108 | 41.8% |
| United States | 1,148 | 763 | 776 | 39.6 | -67.4% |
| Others | 7.5 | 7.6 | 0.9 | 0.7 | -54.6% |
| Total | 1,193 | 813 | 825 | 149 | -50.0% |
Top Export Markets for Sulphides; of Sodium from Singapore in 2022:
- United States (110.9 tons)
- Malaysia (57.2 tons)
Sulphides; of Sodium Imports in Singapore
Sulphides; of sodium imports into Singapore skyrocketed to 142 tons in 2022, picking up by 42% on the previous year's figure. Overall, imports saw a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, sulphides; of sodium imports soared to $138K in 2022. In general, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphides; of Sodium in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.3 | 36.1 | 70.8 | 124 | 25.8% |
| United States | 20.5 | 4.5 | 5.1 | 11.7 | -17.1% |
| Others | 2.7 | 5.3 | 1.6 | 2.6 | -1.3% |
| Total | 85.5 | 45.9 | 77.5 | 138 | 17.3% |
Top Suppliers of Sulphides; of Sodium to Singapore in 2022:
- China (129.0 tons)
- United States (12.0 tons)
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