Phosphorus Price in Singapore - 2022
Contents:
- Phosphorus Price in Singapore (FOB) - 2022
- Phosphorus Price in Singapore (CIF) - 2022
- Phosphorus Exports in Singapore
- Phosphorus Imports in Singapore
Phosphorus Price in Singapore (FOB) - 2022
The average phosphorus export price stood at $4,604 per ton in 2022, growing by 35% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 151%. Over the period under review, the average export prices reached the peak figure at $17,869 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($4,604 per ton), while the average price for exports to the United States totaled $4,603 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+6.2%).
Phosphorus Price in Singapore (CIF) - 2022
The average phosphorus import price stood at $7,955 per ton in 2022, which is down by -78.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 164% against the previous year. As a result, import price attained the peak level of $36,611 per ton, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($82,390 per ton), while the price for Japan amounted to $6,630 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+42.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Phosphorus Exports in Singapore
In 2022, exports of phosphori from Singapore soared to 11 tons, jumping by 41% compared with the year before. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. As a result, the exports attained the peak of 17 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, phosphorus exports soared to $52K in 2022. Over the period under review, exports, however, recorded a perceptible slump.
| Export of Phosphorus in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 38.2 | 37.0 | 15.2 | 28.9 | -8.9% |
| United States | 19.8 | 38.2 | 12.1 | 23.1 | 5.3% |
| Others | 1.1 | 1.4 | N/A | N/A | 27.3% |
| Total | 59.2 | 76.7 | 27.2 | 51.9 | -4.3% |
Top Export Markets for Phosphorus from Singapore in 2022:
- Malaysia (6.3 tons)
- United States (5.0 tons)
Phosphorus Imports in Singapore
In 2022, the amount of phosphori imported into Singapore surged to 290 kg, growing by 409% against the year before. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, phosphorus imports expanded remarkably to $2.3K in 2022. Over the period under review, imports, however, saw a deep setback.
| Import of Phosphorus in Singapore (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 627 | 1,657 | 407 | 1,889 | 44.4% |
| Italy | 219 | 191 | 177 | 418 | 24.0% |
| United States | 494 | N/A | N/A | N/A | 0% |
| Netherlands | 1,710 | N/A | N/A | N/A | 0% |
| Others | N/A | 694 | 1,488 | N/A | 114.4% |
| Total | 3,050 | 2,542 | 2,072 | 2,307 | -8.9% |
Top Suppliers of Phosphorus to Singapore in 2022:
- Japan (285.0 kg)
- Italy (5.0 kg)
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