Price for Aluminium; Powders and Flakes in Singapore - 2022

Contents:

  1. Price for Aluminium; Powders and Flakes in Singapore (CIF) - 2022
  2. Price for Aluminium; Powders and Flakes in Singapore (FOB) - 2022
  3. Imports of Aluminium; Powders and Flakes in Singapore
  4. Exports of Aluminium; Powders and Flakes in Singapore

Price for Aluminium; Powders and Flakes in Singapore (CIF) - 2022

The average aluminium; powders and flakes import price stood at $58,128 per ton in 2022, reducing by -5% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 333%. The import price peaked at $61,184 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($110,848 per ton), while the price for Poland ($5,157 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Powders and Flakes in Singapore (FOB) - 2022

In September 2022, the average aluminium; powders and flakes export price amounted to $4,909 per ton, which is down by -7.1% against the previous month. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in May 2022 when the average export price increased by 45% m-o-m. Over the period under review, the average export prices attained the peak figure at $9,737 per ton in February 2022; however, from March 2022 to September 2022, the export prices remained at a lower figure.

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

From January 2022 to September 2022, the rate of growth in terms of prices for Malaysia amounted to +3.0% per month.

Imports of Aluminium; Powders and Flakes in Singapore

In 2022, approx. 47 tons of aluminium; powders and flakeses were imported into Singapore; which is down by -14.7% on 2021. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 55 tons, and then contracted in the following year.

In value terms, aluminium; powders and flakes imports reduced dramatically to $2.7M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 66%. As a result, imports attained the peak of $3.4M, and then declined notably in the following year.

Import of Aluminium; Powders and Flakes in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,8111,7313,0282,45810.7%
Germany66.861.541.310114.8%
Poland32.932.639.792.941.3%
United Kingdom16513319449.9-32.9%
ChinaN/A57.879.717.4-45.1%
France34.6N/AN/A0.1-85.8%
Others4.631.99.428.984.5%
Total2,1152,0473,3932,7489.1%

Top Suppliers of Aluminium; Powders and Flakes to Singapore in 2022:

  1. France (undefined tons)
  2. United States (22.2 tons)
  3. Poland (18.0 tons)
  4. Germany (4.6 tons)
  5. United Kingdom (1.2 tons)
  6. China (0.9 tons)

Exports of Aluminium; Powders and Flakes in Singapore

Aluminium; powders and flakes exports from Singapore skyrocketed to 451 tons in 2022, picking up by 1,251% on the previous year. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; powders and flakes exports soared to $12M in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 997%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Aluminium; Powders and Flakes in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia97.536.645.57,658328.3%
Hong Kong SAR25.5N/A8811,628299.7%
China15543.23561,13894.4%
Taiwan (Chinese)2.94.9303580484.8%
India65.211.112234974.9%
Indonesia68.849.942.813324.6%
Others78.317.641.822241.5%
Total4931631,79211,708187.4%

Top Export Markets for Aluminium; Powders and Flakes from Singapore in 2022:

  1. Malaysia (364.0 tons)
  2. China (24.6 tons)
  3. Taiwan (Chinese) (24.1 tons)
  4. Indonesia (18.2 tons)
  5. Hong Kong SAR (7.7 tons)
  6. India (7.1 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Aluminium; powders and flakes - Singapore