Singapore: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Singapore

The Singaporean market for siliceous fossil meals (kieselguhr, tripolite and diatomite) dropped modestly to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports from Singapore

In 2022, approx. X tons of siliceous fossil meals (kieselguhr, tripolite and diatomite) were exported from Singapore; which is down by X% compared with 2021 figures. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) reduced remarkably to $X in 2022. Over the period under review, exports showed a noticeable downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced rapidly in the following year.

Exports by Country

Malaysia (X tons), Myanmar (X tons) and Sri Lanka (X tons) were the main destinations of exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from Singapore, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for siliceous fossil meal (kieselguhr, tripolite and diatomite) exported from Singapore were Malaysia ($X), Sri Lanka ($X) and Myanmar ($X), with a combined X% share of total exports.

Sri Lanka, 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

The average export price for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, recorded temperate growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Mauritius ($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 Sri Lanka (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports into Singapore

In 2022, approx. X tons of siliceous fossil meals (kieselguhr, tripolite and diatomite) were imported into Singapore; falling by X% compared with the previous year's figure. In general, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) shrank to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), Denmark (X tons) and China (X tons) were the main suppliers of imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Singapore, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Singapore, comprising X% of total imports. The second position in the ranking was taken by Denmark ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and China (X% per year).

Import Prices by Country

The average import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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