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Singapore - Borates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBorates Price in Singapore - 2022
Contents:
- Borates Price in Singapore (CIF) - 2022
- Borates Price in Singapore (FOB) - 2022
- Borates Imports in Singapore
- Borates Exports in Singapore
Borates Price in Singapore (CIF) - 2022
In September 2022, the average borates import price amounted to $1,703 per ton, falling by -33.6% against the previous month. Over the period under review, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in August 2022 an increase of 33% m-o-m. The import price peaked at $2,782 per ton in February 2022; however, from March 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Italy ($5,057 per ton), while the price for the United States ($1,135 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Borates Price in Singapore (FOB) - 2022
The average borates export price stood at $3,512 per ton in 2022, shrinking by -6.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2015 an increase of 65% against the previous year. As a result, the export price attained the peak level of $5,805 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($5,350 per ton), while the average price for exports to Mauritius ($1,380 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 (+52.8%), while the prices for the other major destinations experienced more modest paces of growth.
Borates Imports in Singapore
In 2022, approx. 2.7K tons of borates were imported into Singapore; with a decrease of -12.9% against the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.6% 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 +31.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, imports reached the peak of 3.1K tons, and then fell in the following year.
In value terms, borates imports reduced to $4M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +57.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. As a result, imports attained the peak of $4.4M, and then contracted in the following year.
Import of Borates in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,306 | 1,249 | 1,029 | 1,383 | 1.9% |
China | 1,033 | 748 | 2,042 | 1,158 | 3.9% |
Turkey | 118 | 165 | 695 | 915 | 97.9% |
Italy | 112 | 275 | 327 | 242 | 29.3% |
Others | 202 | 106 | 275 | 315 | 16.0% |
Total | 2,771 | 2,543 | 4,368 | 4,013 | 13.1% |
Top Suppliers of Borates to Singapore in 2022:
- United States (1385.6 tons)
- Turkey (810.4 tons)
- China (343.4 tons)
- Italy (70.8 tons)
Borates Exports in Singapore
In 2022, the amount of borates exported from Singapore fell remarkably to 176 tons, which is down by -26.2% against 2021. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 100%. As a result, the exports attained the peak of 238 tons, and then reduced dramatically in the following year.
In value terms, borates exports reduced dramatically to $617K in 2022. Overall, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. As a result, the exports reached the peak of $891K, and then shrank rapidly in the following year.
Export of Borates in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 66.3 | 52.4 | 210 | 223 | 49.8% |
Malaysia | 208 | 173 | 190 | 133 | -13.8% |
Thailand | 29.3 | 63.5 | 41.8 | 66.8 | 31.6% |
Brunei Darussalam | N/A | N/A | N/A | 34.0 | 0% |
Japan | 11.6 | N/A | 80.7 | 18.4 | 16.6% |
China | N/A | N/A | 21.0 | 16.4 | -21.9% |
Mauritius | 11.7 | 5.1 | 6.7 | 13.0 | 3.6% |
South Korea | 43.3 | 18.5 | 62.2 | 12.8 | -33.4% |
United States | 24.3 | N/A | N/A | 0.1 | -84.0% |
Saudi Arabia | 14.7 | N/A | N/A | N/A | 0% |
Others | 87.7 | 94.2 | 278 | 100 | 4.5% |
Total | 497 | 407 | 891 | 617 | 7.5% |
Top Export Markets for Borates from Singapore in 2022:
- Malaysia (62.1 tons)
- Indonesia (41.6 tons)
- Thailand (20.0 tons)
- Brunei Darussalam (11.0 tons)
- China (10.2 tons)
- Mauritius (9.4 tons)
- Japan (6.0 tons)
- South Korea (4.0 tons)
- United States (0.1 tons)
This report provides an in-depth analysis of the borates 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 20136230 - Borates, peroxoborates (perborates)
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
-
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
This report provides an in-depth analysis of the borates market in Singapore.
This report provides an in-depth analysis of the global borates market.
This report provides an in-depth analysis of the borates market in Singapore.
This report provides an in-depth analysis of the global borates market.
Explore the top import markets for borates worldwide and discover key statistics and trends. Find out which countries are leading in borate imports and the opportunities they present for suppliers.
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...
In value terms, borates and peroxoborates exports amounted to $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of ...
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Explore the top import markets for borates worldwide and discover key statistics and trends. Find out which countries are leading in borate imports and the opportunities they present for suppliers.
In value terms, natural borates imports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
In value terms, borates and peroxoborates imports amounted to $X in 2016. Overall, it indicated a pronounced increase from 2007 to 2016: the total imports value decreased at an average annual rate ...
In value terms, natural borates exports amounted to $X in 2016. In general, natural borates exports continue to indicate a strong growth. Global natural borates export peaked of $X in 2014; howe...