
Singapore - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights
Singapore: Pig Iron Articles Market 2023
Pig Iron Articles Market Size in Singapore
In 2022, the Singaporean pig iron articles market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Pig iron articles consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Pig Iron Articles Production in Singapore
In value terms, pig iron articles production reached $X in 2022 estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Pig iron articles production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.
Pig Iron Articles Exports
Exports from Singapore
After four years of growth, shipments abroad of granules and powders of pig iron decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then dropped significantly in the following year.
In value terms, pig iron articles exports fell significantly to $X in 2022. In general, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted notably in the following year.
Exports by Country
Indonesia (X tons) was the main destination for pig iron articles exports from Singapore, with a X% share of total exports. Moreover, pig iron articles exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was held by Sri Lanka (X tons), with a X% share.
From 2012 to 2022, the average annual growth rate of volume to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Sri Lanka (X% per year).
In value terms, the largest markets for pig iron articles exported from Singapore were Indonesia ($X), Malaysia ($X) and China ($X), with a combined X% share of total exports. The Philippines and Sri Lanka lagged somewhat behind, together accounting for a further X%.
The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average pig iron articles export price amounted to $X per ton, growing by X% against the previous year. In general, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Sri Lanka ($X 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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Pig Iron Articles Imports
Imports into Singapore
Pig iron articles imports into Singapore declined markedly to X tons in 2022, reducing by X% on 2021. In general, imports showed a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
In value terms, pig iron articles imports shrank to $X in 2022. Overall, imports recorded a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
Japan (X tons), Thailand (X tons) and China (X tons) were the main suppliers of pig iron articles imports to Singapore, together accounting for X% of total imports. Sweden, Germany, Sri Lanka, Taiwan (Chinese) and the United States lagged somewhat behind, together accounting for a further X%.
From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of X.4%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Japan ($X) constituted the largest supplier of granules and powders of pig iron to Singapore, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by China, with a X% share.
From 2012 to 2022, the average annual growth rate of value from Japan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and China (X% per year).
Import Prices by Country
The average pig iron articles import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price showed a moderate expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pig iron articles 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.
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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
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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
- 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
- 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
- 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 2012–2022
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
- 9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2022
- 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
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LIST OF TABLES
- Key Findings In 2022
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Per Capita Consumption In 2012-2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
- Trade Balance, In Physical Terms, 2012-2022
- Trade Balance, In Value Terms, 2012-2022
- Per Capita Consumption, 2012-2022
- 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, 2012–2022
- Production, In Value Terms, 2012–2022
- Imports, In Physical Terms, 2012–2022
- Imports, In Value Terms, 2012–2022
- Imports, In Physical Terms, By Country, 2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, 2012–2022
- Exports, In Value Terms, 2012–2022
- Exports, In Physical Terms, By Country, 2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
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