Sulphites; Thiosulphates Price in Singapore - 2022
Contents:
- Sulphites; Thiosulphates Price in Singapore (CIF) - 2022
- Sulphites; Thiosulphates Price in Singapore (FOB) - 2022
- Sulphites; Thiosulphates Imports in Singapore
- Sulphites; Thiosulphates Exports in Singapore
Sulphites; Thiosulphates Price in Singapore (CIF) - 2022
The average sulphites; thiosulphates import price stood at $740 per ton in 2022, increasing by 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,034 per ton), while the price for the UK ($479 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; Thiosulphates Price in Singapore (FOB) - 2022
The average sulphites; thiosulphates export price stood at $1,355 per ton in 2022, almost unchanged from the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 21%. As a result, the export price reached the peak level of $1,503 per ton. From 2017 to 2022, the average export prices remained at a 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 Maldives ($2,714 per ton), while the average price for exports to Qatar ($853 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; Thiosulphates Imports in Singapore
In 2022, the amount of sulphites; thiosulphateses imported into Singapore soared to 5.6K tons, growing by 28% on the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; thiosulphates imports soared to $4.2M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 413 | 523 | 1,153 | 2,161 | 73.6% |
| Thailand | 181 | 272 | 247 | 460 | 36.5% |
| Italy | 369 | 245 | 387 | 403 | 3.0% |
| Germany | 204 | 146 | 163 | 353 | 20.1% |
| Japan | 87.2 | 130 | 121 | 149 | 19.6% |
| India | 78.5 | 50.3 | 77.6 | 119 | 14.9% |
| United Kingdom | 1.4 | 49.1 | 57.8 | 84.5 | 292.3% |
| Malaysia | 95.4 | 127 | 62.6 | 69.0 | -10.2% |
| Others | 174 | 122 | 348 | 375 | 29.2% |
| Total | 1,603 | 1,665 | 2,617 | 4,174 | 37.6% |
Top Suppliers of Sulphites; Thiosulphates to Singapore in 2022:
- China (3360.6 tons)
- Thailand (620.2 tons)
- Italy (484.6 tons)
- Germany (341.4 tons)
- India (192.1 tons)
- United Kingdom (176.2 tons)
- Japan (145.3 tons)
- Malaysia (104.8 tons)
Sulphites; Thiosulphates Exports in Singapore
In 2022, after two years of decline, there was significant growth in shipments abroad of sulphites; thiosulphateses, when their volume increased by 19% to 605 tons. In general, exports, however, showed a slight shrinkage.
In value terms, sulphites; thiosulphates exports skyrocketed to $820K in 2022. Overall, exports, however, recorded a slight descent.
| Export of Sulphites; Thiosulphates in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | 72.2 | 108 | 133 | 176 | 34.6% |
| Australia | 96.0 | 98.3 | 60.2 | 142 | 13.9% |
| Malaysia | 204 | 86.8 | 165 | 113 | -17.9% |
| United Arab Emirates | N/A | 0.1 | N/A | 106 | 3155.8% |
| Indonesia | 105 | 162 | 108 | 71.5 | -12.0% |
| Maldives | 27.8 | 13.5 | 28.3 | 40.5 | 13.4% |
| Hong Kong SAR | 3.3 | 4.5 | 1.4 | 34.2 | 118.0% |
| Vietnam | 234 | 154 | 93.0 | 23.5 | -53.5% |
| Philippines | 4.7 | 12.1 | 11.6 | 19.1 | 59.6% |
| Thailand | 27.9 | 11.9 | 11.1 | 7.6 | -35.2% |
| Others | 89.9 | 90.1 | 70.3 | 87.9 | -0.7% |
| Total | 864 | 742 | 682 | 820 | -1.7% |
Top Export Markets for Sulphites; Thiosulphates from Singapore in 2022:
- Brunei Darussalam (168.0 tons)
- Australia (101.6 tons)
- United Arab Emirates (83.3 tons)
- Malaysia (71.6 tons)
- Indonesia (56.4 tons)
- Hong Kong SAR (23.2 tons)
- Philippines (22.3 tons)
- Maldives (14.9 tons)
- Vietnam (14.8 tons)
- Thailand (5.5 tons)
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