Singapore - Sulphites - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphites Price in Singapore - 2022
Contents:
- Sulphites Price in Singapore (CIF) - 2022
- Sulphites Price in Singapore (FOB) - 2022
- Sulphites Imports in Singapore
- Sulphites Exports in Singapore
Sulphites Price in Singapore (CIF) - 2022
In 2022, the average sulphites import price amounted to $794 per ton, surging by 19% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 36% against the previous year. Over the period under review, average import prices attained the maximum at $838 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,309 per ton), while the price for the UK ($475 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites Price in Singapore (FOB) - 2022
The average sulphites export price stood at $1,362 per ton in 2022, rising by 5.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 24%. As a result, the export price attained the peak level of $1,836 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($3,943 per ton), while the average price for exports to Brunei Darussalam ($946 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 (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphites Imports in Singapore
Sulphites imports into Singapore expanded notably to 3K tons in 2022, with an increase of 13% against 2021. The total import volume increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, sulphites imports skyrocketed to $2.3M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Sulphites in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 266 | 271 | 673 | 1,112 | 61.1% |
| Thailand | 181 | 271 | 247 | 460 | 36.5% |
| Germany | 125 | 63.1 | 138 | 173 | 11.4% |
| India | 77.1 | 49.5 | 75.3 | 118 | 15.2% |
| United Kingdom | 0.2 | 48.5 | 57.4 | 83.8 | 648.3% |
| Malaysia | 62.7 | 79.1 | 50.7 | 50.0 | -7.3% |
| Indonesia | 12.5 | 3.6 | 21.5 | 32.1 | 36.9% |
| Italy | 66.0 | 78.1 | 80.2 | 29.4 | -23.6% |
| Netherlands | 55.9 | 19.6 | 0.1 | N/A | -95.8% |
| Others | 180 | 209 | 398 | 290 | 17.2% |
| Total | 1,026 | 1,093 | 1,742 | 2,348 | 31.8% |
Top Suppliers of Sulphites to Singapore in 2022:
- China (1521.8 tons)
- Thailand (620.2 tons)
- India (192.0 tons)
- Germany (190.0 tons)
- United Kingdom (176.6 tons)
- Malaysia (79.7 tons)
- Indonesia (44.8 tons)
- Italy (22.4 tons)
Sulphites Exports in Singapore
In 2022, approx. 461 tons of sulphites were exported from Singapore; shrinking by -7.7% compared with the year before. Overall, exports showed a deep downturn. The smallest decline of -4.7% was in 2020.
In value terms, sulphites exports declined modestly to $628K in 2022. Over the period under review, exports continue to indicate a deep slump.
| Export of Sulphites in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 96.1 | 98.2 | 60.3 | 141 | 13.6% |
| Brunei Darussalam | 72.2 | 108 | 134 | 129 | 21.3% |
| Malaysia | 185 | 68.0 | 145 | 89.6 | -21.5% |
| Indonesia | 103 | 161 | 108 | 69.1 | -12.5% |
| United Arab Emirates | N/A | 0.1 | N/A | 52.6 | 2193.5% |
| Maldives | 27.9 | 13.5 | 28.4 | 40.5 | 13.2% |
| Vietnam | 233 | 152 | 79.6 | 17.3 | -58.0% |
| Thailand | 26.2 | 10.9 | 9.8 | 7.1 | -35.3% |
| Others | 85.4 | 99.8 | 79.3 | 81.2 | -1.7% |
| Total | 828 | 712 | 645 | 628 | -8.8% |
Top Export Markets for Sulphites from Singapore in 2022:
- Brunei Darussalam (136.0 tons)
- Australia (101.2 tons)
- Malaysia (68.3 tons)
- Indonesia (55.6 tons)
- United Arab Emirates (35.3 tons)
- Maldives (14.9 tons)
- Vietnam (14.7 tons)
- Thailand (5.2 tons)
This report provides an in-depth analysis of the sulphites 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 20134133 - Sulphites
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
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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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