Price for Quinones; Other than Anthraquinone in Singapore - 2023

Contents:

  1. Price for Quinones; Other than Anthraquinone in Singapore (FOB) - 2022
  2. Price for Quinones; Other than Anthraquinone in Singapore (CIF) - 2022
  3. Exports of Quinones; Other than Anthraquinone in Singapore
  4. Imports of Quinones; Other than Anthraquinone in Singapore

Price for Quinones; Other than Anthraquinone in Singapore (FOB) - 2022

In 2022, the average quinones; other than anthraquinone export price amounted to $6,866 per ton, growing by 70% against the previous year. Overall, the export price showed a tangible expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 70% against the previous year. As a result, the export price attained the peak level of $12,011 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($16,832 per ton), while the average price for exports to China ($4,840 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 (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Quinones; Other than Anthraquinone in Singapore (CIF) - 2022

The average quinones; other than anthraquinone import price stood at $21,335 per ton in 2022, declining by -23.8% against the previous year. In general, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 127%. Over the period under review, average import prices hit record highs at $27,985 per ton in 2021, and then dropped notably in the following year.

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 the United States ($99,785 per ton), while the price for China ($19,389 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Quinones; Other than Anthraquinone in Singapore

After three years of growth, overseas shipments of quinones; other than anthraquinones decreased by -46.3% to 126 tons in 2022. Over the period under review, exports faced a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 22%.

In value terms, quinones; other than anthraquinone exports shrank to $865K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 83%. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Quinones; Other than Anthraquinone in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China418540649351-5.7%
South KoreaN/AN/A63.7162154.3%
Vietnam180210202125-11.4%
United StatesN/A0.4N/A1111565.8%
Malaysia43.90.20.610935.4%
Others28.947934.87.6-35.9%
Total6701,2299508658.9%

Top Export Markets for Quinones; Other than Anthraquinone from Singapore in 2022:

  1. China (72.6 tons)
  2. Vietnam (24.7 tons)
  3. United States (12.2 tons)
  4. South Korea (9.6 tons)
  5. Malaysia (6.6 tons)

Imports of Quinones; Other than Anthraquinone in Singapore

In 2022, overseas purchases of quinones; other than anthraquinones decreased by -45.7% to 26 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted slight growth. The pace of growth appeared the most rapid in 2020 with an increase of 201% against the previous year. As a result, imports attained the peak of 75 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, quinones; other than anthraquinone imports dropped significantly to $551K in 2022. Over the period under review, imports, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 238%. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Quinones; Other than Anthraquinone in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3771,5321,1724909.1%
United States95.110812221.9-38.7%
Others16.612.636.339.333.3%
Total4891,6521,3315514.1%

Top Suppliers of Quinones; Other than Anthraquinone to Singapore in 2022:

  1. China (25.3 tons)
  2. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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