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Singapore - Hot-Dipped Metal-Coated Sheet - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHot-Dipped Metal-Coated Sheet Price in Singapore - 2022
Contents:
- Hot-Dipped Metal-Coated Sheet Price in Singapore (CIF) - 2022
- Hot-Dipped Metal-Coated Sheet Price in Singapore (FOB) - 2022
- Hot-Dipped Metal-Coated Sheet Imports in Singapore
- Hot-Dipped Metal-Coated Sheet Exports in Singapore
Hot-Dipped Metal-Coated Sheet Price in Singapore (CIF) - 2022
The average hot-dipped metal-coated sheet import price stood at $1,222 per ton in September 2022, shrinking by -27.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 an increase of 48% against the previous month. Over the period under review, average import prices hit record highs at $1,853 per ton in February 2022; however, from March 2022 to September 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Malaysia ($2,306 per ton), while the price for New Zealand ($733 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Hot-Dipped Metal-Coated Sheet Price in Singapore (FOB) - 2022
In September 2022, the average hot-dipped metal-coated sheet export price amounted to $1,754 per ton, leveling off at the previous month. Overall, export price indicated tangible growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, hot-dipped metal-coated sheet export price increased by +3.9% against June 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 70% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,932 per ton in April 2022; however, from May 2022 to September 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($4,561 per ton), while the average price for exports to Bangladesh ($972 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Hot-Dipped Metal-Coated Sheet Imports in Singapore
In 2022, imports of hot-dipped metal-coated sheet into Singapore reached 130K tons, approximately mirroring the previous year. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 32%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, hot-dipped metal-coated sheet imports amounted to $135M in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 95% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
Import of Hot-Dipped Metal-Coated Sheet in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 29.0 | 24.6 | 67.3 | 63.9 | 30.1% |
Taiwan (Chinese) | 13.2 | 13.6 | 29.1 | 20.3 | 15.4% |
Japan | 8.6 | 7.9 | 13.2 | 14.5 | 19.0% |
Australia | 7.8 | 4.0 | 5.0 | 13.7 | 20.7% |
Malaysia | 2.4 | 1.8 | 7.3 | 9.7 | 59.3% |
New Zealand | 4.7 | 3.6 | 3.8 | 4.8 | 0.7% |
South Korea | 1.0 | 3.5 | 3.3 | 3.2 | 47.4% |
Others | 4.5 | 9.6 | 4.5 | 4.5 | 0.0% |
Total | 71.3 | 68.5 | 133 | 135 | 23.7% |
Top Suppliers of Hot-Dipped Metal-Coated Sheet to Singapore in 2022:
- China (58.8K tons)
- Australia (22.1K tons)
- Taiwan (Chinese) (16.0K tons)
- Japan (11.6K tons)
- New Zealand (10.4K tons)
- Malaysia (5.4K tons)
- South Korea (2.8K tons)
Hot-Dipped Metal-Coated Sheet Exports in Singapore
In 2022, the amount of hot-dipped metal-coated sheet exported from Singapore reached 51K tons, with an increase of 12% compared with 2021 figures. Over the period under review, exports, however, saw a noticeable decline.
In value terms, hot-dipped metal-coated sheet exports surged to $59M in 2022. The total export value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Hot-Dipped Metal-Coated Sheet in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 19.2 | 25.3 | 30.0 | 30.5 | 16.7% |
Indonesia | 4.1 | 4.5 | 3.9 | 5.9 | 12.9% |
Vietnam | 1.7 | 1.5 | 2.0 | 5.4 | 47.0% |
New Zealand | 1.7 | 1.5 | 2.2 | 5.0 | 43.3% |
India | 8.0 | 2.3 | 1.3 | 4.8 | -15.7% |
Bangladesh | 1.1 | 3.7 | 1.5 | 2.5 | 31.5% |
Hong Kong SAR | 0.7 | 1.2 | 1.2 | 2.5 | 52.9% |
Sri Lanka | 2.6 | 0.8 | 2.2 | 0.4 | -46.4% |
Others | 3.9 | 3.9 | 4.3 | 2.2 | -17.4% |
Total | 43.2 | 44.8 | 48.5 | 59.2 | 11.1% |
Top Export Markets for Hot-Dipped Metal-Coated Sheet from Singapore in 2022:
- Malaysia (27.8K tons)
- Vietnam (6.1K tons)
- Bangladesh (3.7K tons)
- India (3.7K tons)
- New Zealand (3.4K tons)
- Indonesia (2.7K tons)
- Hong Kong SAR (1.6K tons)
- Sri Lanka (0.4K tons)
This report provides an in-depth analysis of the hot-dipped metal-coated sheet 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 24105130 - Hot-dipped metal coated sheet and strip of a width . .600 mm
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
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