Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore (CIF) - 2023
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore (CIF) - 2023
In September 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $7,678 per ton, rising by 15% against the previous month. Over the period from June 2022 to September 2022, it increased at an average monthly rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In September 2022, the country with the highest price was Thailand ($8,658 per ton), while the price for Spain ($7,641 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore (FOB) - 2022
In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $6,288 per ton, rising by 9.2% against the previous year. Overall, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 47%. Over the period under review, the average export prices attained the peak figure at $7,301 per ton in 2019; however, from 2020 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 Sri Lanka ($13,095 per ton), while the average price for exports to China ($5,590 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 South Korea (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore
Imports of colouring matter; ultramarine and preparations based therea into Singapore fell to 90 tons in 2022, reducing by -13.6% on the previous year's figure. Overall, imports saw a slight slump. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 105 tons, and then reduced in the following year.
In value terms, imports of colouring matter; ultramarine and preparations based therea declined to $491K in 2022. Over the period under review, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 300 | 172 | 201 | 284 | -1.8% |
| Spain | 179 | 80.1 | 297 | 139 | -8.1% |
| Japan | 12.3 | N/A | 18.7 | 32.9 | 38.8% |
| Malaysia | 23.6 | 17.3 | 16.2 | 12.7 | -18.7% |
| India | N/A | 39.5 | N/A | N/A | 0% |
| Others | 51.3 | 42.8 | 28.8 | 21.3 | -25.4% |
| Total | 567 | 351 | 562 | 491 | -4.7% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Singapore in 2022:
- France (58.1 tons)
- Spain (24.3 tons)
- Japan (3.8 tons)
- Malaysia (2.2 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore
In 2022, approx. 41 tons of colouring matter; ultramarine and preparations based therea were exported from Singapore; dropping by -28% compared with the year before. In general, exports saw a precipitous curtailment. The smallest decline of -10.9% was in 2021.
In value terms, exports of colouring matter; ultramarine and preparations based therea declined dramatically to $257K in 2022. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 9.4% against the previous year.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 299 | 116 | 231 | 148 | -20.9% |
| Thailand | 48.1 | 28.5 | 17.7 | 59.4 | 7.3% |
| Malaysia | 11.2 | 2.8 | 22.3 | 18.2 | 17.6% |
| Vietnam | 71.0 | 68.4 | 43.7 | 12.2 | -44.4% |
| Sri Lanka | N/A | N/A | N/A | 10.5 | 0% |
| China | 153 | 24.3 | 0.8 | 5.6 | -66.8% |
| Pakistan | N/A | 41.2 | N/A | N/A | 0% |
| Others | 25.3 | 17.3 | 11.7 | 3.4 | -48.8% |
| Total | 608 | 299 | 327 | 257 | -25.0% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Singapore in 2022:
- Indonesia (24.9 tons)
- Thailand (10.4 tons)
- Malaysia (1.7 tons)
- Vietnam (1.5 tons)
- China (1.0 tons)
- Sri Lanka (0.8 tons)
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