Carbonates; Strontium Carbonate Price in Singapore - 2022

Contents:

  1. Carbonates; Strontium Carbonate Price in Singapore (CIF) - 2022
  2. Carbonates; Strontium Carbonate Price in Singapore (FOB) - 2022
  3. Carbonates; Strontium Carbonate Imports in Singapore
  4. Carbonates; Strontium Carbonate Exports in Singapore

Carbonates; Strontium Carbonate Price in Singapore (CIF) - 2022

The average carbonates; strontium carbonate import price stood at $19,635 per ton in 2022, with a decrease of -29.8% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 54%. Over the period under review, average import prices attained the peak figure at $27,970 per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($30,127 per ton), while the price for Australia ($3,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Strontium Carbonate Price in Singapore (FOB) - 2022

The average carbonates; strontium carbonate export price stood at $544 per ton in 2022, dropping by -16.6% against the previous year. In general, the export price saw a abrupt descent. The growth pace was the most rapid in 2020 when the average export price increased by 42%. Over the period under review, the average export prices reached the maximum at $1,807 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +18.7% per year.

Carbonates; Strontium Carbonate Imports in Singapore

For the third consecutive year, Singapore recorded growth in supplies from abroad of carbonates; strontium carbonates, which increased by 215% to 104 kg in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, carbonates; strontium carbonate imports skyrocketed to $2K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Strontium Carbonate in Singapore (USD)
COUNTRY202020212022CAGR,
2020-2022
Italy2231141,657172.6%
China13511530550.3%
AustraliaN/AN/A80.00%
South Korea37.098.0N/A164.9%
Germany34.0196N/A476.5%
Malaysia39.048.0N/A23.1%
United States33.0184N/A457.6%
Others113168N/A48.7%
Total6149232,04282.4%

Top Suppliers of Carbonates; Strontium Carbonate to Singapore in 2022:

  1. Italy (55.0 kg)
  2. Australia (25.0 kg)
  3. China (24.0 kg)

Carbonates; Strontium Carbonate Exports in Singapore

Carbonates; strontium carbonate exports from Singapore dropped remarkably to 609 kg in 2022, with a decrease of -22.6% compared with 2021. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 43%.

In value terms, carbonates; strontium carbonate exports contracted notably to $331 in 2022. Over the period under review, exports recorded a deep reduction. The smallest decline of -5.2% was in 2021.

Export of Carbonates; Strontium Carbonate in Singapore (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam93.036.016622333.8%
Indonesia13173.0111N/A-7.9%
Malaysia13263.072.0N/A-26.1%
Others229369164108-22.2%
Total585541513331-17.3%

Top Export Markets for Carbonates; Strontium Carbonate from Singapore in 2022:

  1. Vietnam (608.0 kg)

Source: IndexBox Market Intelligence Platform

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