Price for Cermets; Articles Thereof, Including Waste and Scrap in Singapore - 2023

Contents:

1. Price for Cermets; Articles Thereof, Including Waste and Scrap in Singapore (CIF) - 2022
2. Price for Cermets; Articles Thereof, Including Waste and Scrap in Singapore (FOB) - 2022
3. Imports of Cermets; Articles Thereof, Including Waste and Scrap in Singapore
4. Exports of Cermets; Articles Thereof, Including Waste and Scrap in Singapore

Price for Cermets; Articles Thereof, Including Waste and Scrap in Singapore (CIF) - 2022

The average import price for cermets; articles thereof, including waste and scrap stood at $141,965 per ton in 2022, with an increase of 60% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cermets; articles thereof, including waste and scrap increased by +65.7% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($250,624 per ton), while the price for Germany ($74,288 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cermets; Articles Thereof, Including Waste and Scrap in Singapore (FOB) - 2022

In 2022, the average export price for cermets; articles thereof, including waste and scrap amounted to $94,645 per ton, remaining stable against the previous year. Over the period under review, the export price, however, showed a slight contraction. The pace of growth was the most pronounced in 2018 an increase of 14%. The export price peaked at $115,645 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($373,167 per ton), while the average price for exports to Germany ($66,905 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 the UK (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cermets; Articles Thereof, Including Waste and Scrap in Singapore

In 2022, imports of cermets; articles thereof, including waste and scrap into Singapore dropped markedly to 75 tons, with a decrease of -34.4% compared with the year before. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. As a result, imports attained the peak of 114 tons, and then dropped dramatically in the following year.

In value terms, imports of cermets; articles thereof, including waste and scrap rose to $11M in 2022. The total import value increased at an average annual rate of +6.6% over the period 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 with an increase of 23%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to Singapore in 2022:

1. Germany (35.6 tons)
2. United States (32.5 tons)
3. China (1.9 tons)
4. Japan (1.7 tons)
5. Canada (1.5 tons)
6. Taiwan (Chinese) (0.3 tons)

Exports of Cermets; Articles Thereof, Including Waste and Scrap in Singapore

In 2022, shipments abroad of cermets; articles thereof, including waste and scrap increased by 16% to 22 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a drastic downturn.

In value terms, exports of cermets; articles thereof, including waste and scrap surged to $2.1M in 2022. In general, exports, however, continue to indicate a deep setback.

Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from Singapore in 2022:

1. India (10.2 tons)
2. Taiwan (Chinese) (3.2 tons)
3. Indonesia (1.5 tons)
4. Germany (1.5 tons)
5. Australia (1.4 tons)
6. Thailand (1.4 tons)
7. United States (1.3 tons)
8. Japan (0.6 tons)
9. China (0.4 tons)
10. Malaysia (0.3 tons)
11. Hong Kong SAR (0.3 tons)

Source: IndexBox Market Intelligence Platform