Price for Vermiculite, Perlite and Chlorites; Unexpanded in Singapore - 2022

Contents:

  1. Price for Vermiculite, Perlite and Chlorites; Unexpanded in Singapore (CIF) - 2022
  2. Price for Vermiculite, Perlite and Chlorites; Unexpanded in Singapore (FOB) - 2022
  3. Imports of Vermiculite, Perlite and Chlorites; Unexpanded in Singapore
  4. Exports of Vermiculite, Perlite and Chlorites; Unexpanded in Singapore

Price for Vermiculite, Perlite and Chlorites; Unexpanded in Singapore (CIF) - 2022

In September 2022, the average import price for vermiculite, perlite and chlorites; unexpandeds amounted to $189 per ton, remaining constant against the previous month. Over the period under review, the import price, however, enjoyed a measured increase. The most prominent rate of growth was recorded in November 2021 an increase of 712% m-o-m. As a result, import price reached the peak level of $791 per ton. From December 2021 to September 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the Philippines ($1,750 per ton), while the price for Vietnam ($126 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vermiculite, Perlite and Chlorites; Unexpanded in Singapore (FOB) - 2022

In 2022, the average export price for vermiculite, perlite and chlorites; unexpandeds amounted to $928 per ton, rising by 143% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 143% against the previous year. The export price peaked at $2,108 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($1,761 per ton), while the average price for exports to the United Arab Emirates ($544 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 South Korea (+80.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vermiculite, Perlite and Chlorites; Unexpanded in Singapore

In 2022, the amount of vermiculite, perlite and chlorites; unexpandeds imported into Singapore dropped to 3.3K tons, which is down by -9.7% compared with the previous year's figure. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year.

In value terms, vermiculite, perlite and chlorites; unexpanded imports fell to $891K in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $1M, and then declined in the following year.

Import of Vermiculite, Perlite and Chlorites; Unexpanded in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2481223423067.3%
South Africa76.126024421942.2%
Vietnam247114129130-19.3%
Philippines32.015.076.468.628.9%
Indonesia15.97.64.87.4-22.5%
Others1262432241608.3%
Total7457631,0208916.1%

Top Suppliers of Vermiculite, Perlite and Chlorites; Unexpanded to Singapore in 2022:

  1. Vietnam (2019.2 tons)
  2. South Africa (520.1 tons)
  3. China (355.2 tons)
  4. Philippines (280.8 tons)
  5. Indonesia (79.4 tons)

Exports of Vermiculite, Perlite and Chlorites; Unexpanded in Singapore

For the third consecutive year, Singapore recorded decline in shipments abroad of vermiculite, perlite and chlorites; unexpandeds, which decreased by -50.2% to 7.8 tons in 2022. Overall, exports showed a dramatic downturn. The smallest decline of -36.4% was in 2021.

In value terms, vermiculite, perlite and chlorites; unexpanded exports skyrocketed to $7.2K in 2022. Over the period under review, exports saw a dramatic decrease.

Export of Vermiculite, Perlite and Chlorites; Unexpanded in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan0.80.20.43.969.6%
United Arab Emirates0.50.20.32.877.6%
Indonesia0.10.10.10.681.7%
MalaysiaN/A3.8N/AN/A0%
Australia17.9N/AN/AN/A0%
TurkeyN/AN/A4.9N/A0%
Others0.24.20.3N/A22.5%
Total19.48.56.07.2-28.1%

Top Export Markets for Vermiculite, Perlite and Chlorites; Unexpanded from Singapore in 2022:

  1. United Arab Emirates (5.1 tons)
  2. Azerbaijan (2.2 tons)
  3. Indonesia (0.5 tons)

Source: IndexBox Market Intelligence Platform

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