Price for Pulps of Other Fibrous Cellulosic Material in Singapore - 2023
Contents:
- Price for Pulps of Other Fibrous Cellulosic Material in Singapore (CIF) - 2022
- Price for Pulps of Other Fibrous Cellulosic Material in Singapore (FOB) - 2022
- Imports of Pulps of Other Fibrous Cellulosic Material in Singapore
- Exports of Pulps of Other Fibrous Cellulosic Material in Singapore
Price for Pulps of Other Fibrous Cellulosic Material in Singapore (CIF) - 2022
In 2022, the average import price for pulps of other fibrous cellulosic materials amounted to $395 per ton, reducing by -31.7% against the previous year. Overall, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 35%. As a result, import price attained the peak level of $1,943 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($11,340 per ton), while the price for the UK ($636 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pulps of Other Fibrous Cellulosic Material in Singapore (FOB) - 2022
In 2022, the average export price for pulps of other fibrous cellulosic materials amounted to $1,773 per ton, picking up by 39% against the previous year. Overall, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2018 an increase of 444%. The export price peaked at $11,352 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($19,072 per ton), while the average price for exports to China ($861 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 Indonesia (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pulps of Other Fibrous Cellulosic Material in Singapore
In 2022, imports of pulps of other fibrous cellulosic materials into Singapore skyrocketed to 16K tons, growing by 52% against the previous year's figure. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 676% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of pulps of other fibrous cellulosic materials expanded slightly to $6.5M in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 333%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Pulps of Other Fibrous Cellulosic Material in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 88.6 | 322 | 1,119 | 1,207 | 138.8% |
| Indonesia | N/A | 0.5 | 718 | 784 | 3859.8% |
| China | 193 | 42.9 | 197 | 476 | 35.1% |
| United Kingdom | 240 | 202 | 273 | 384 | 17.0% |
| Malaysia | N/A | 12.7 | 438 | 144 | 236.7% |
| Germany | 53.1 | 30.2 | 79.7 | 81.2 | 15.2% |
| South Korea | 148 | 91.2 | 255 | 78.5 | -19.1% |
| Norway | N/A | N/A | N/A | 40.4 | 0% |
| Others | 728 | 736 | 3,151 | 3,296 | 65.4% |
| Total | 1,450 | 1,438 | 6,230 | 6,490 | 64.8% |
Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Singapore in 2022:
- United Kingdom (0.6K tons)
- United States (0.4K tons)
- Indonesia (0.3K tons)
- Germany (0.1K tons)
- China (0.1K tons)
- South Korea (0.1K tons)
Exports of Pulps of Other Fibrous Cellulosic Material in Singapore
In 2022, exports of pulps of other fibrous cellulosic materials from Singapore skyrocketed to 2.5K tons, surging by 32% against the year before. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 2,400% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of pulps of other fibrous cellulosic materials surged to $4.4M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,603% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Pulps of Other Fibrous Cellulosic Material in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.8 | 391 | 440 | 1,083 | 558.1% |
| China | N/A | N/A | 718 | 793 | 10.4% |
| Others | 46.1 | 460 | 1,237 | 2,506 | 278.8% |
| Total | 50.0 | 851 | 2,395 | 4,382 | 344.2% |
Top Export Markets for Pulps of Other Fibrous Cellulosic Material from Singapore in 2022:
- China (921.7 tons)
- Malaysia (80.5 tons)
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