Quinones; Anthraquinone Price in Singapore - 2022
Contents:
- Quinones; Anthraquinone Price in Singapore (CIF) - 2022
- Quinones; Anthraquinone Price in Singapore (FOB) - 2022
- Quinones; Anthraquinone Imports in Singapore
- Quinones; Anthraquinone Exports in Singapore
Quinones; Anthraquinone Price in Singapore (CIF) - 2022
The average quinones; anthraquinone import price stood at $8,458 per ton in September 2022, remaining stable against the previous month. In general, the import price showed a dramatic downturn. The most prominent rate of growth was recorded in December 2021 an increase of 96% against the previous month. Over the period under review, average import prices attained the maximum at $400K per ton in May 2022; however, from June 2022 to September 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2021 to September 2022, the rate of growth in terms of prices for China amounted to +3.6% per month.
Quinones; Anthraquinone Price in Singapore (FOB) - 2022
In 2022, the average quinones; anthraquinone export price amounted to $1,577 per ton, falling by -4.9% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37%. The export price peaked at $10,757 per ton in 2012; however, from 2013 to 2022, the 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 India ($13,571 per ton), while the average price for exports to Malaysia ($388 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 India (+9.1%), while the prices for the other major destinations experienced a decline.
Quinones; Anthraquinone Imports in Singapore
For the fourth consecutive year, Singapore recorded growth in supplies from abroad of quinones; anthraquinones, which increased by 22% to 191 tons in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 146% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, quinones; anthraquinone imports fell modestly to $577K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 97%. As a result, imports attained the peak of $607K, and then contracted modestly in the following year.
| Import of Quinones; Anthraquinone in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 212 | 287 | 584 | 555 | 37.8% |
| South Africa | 6.8 | 8.3 | 10.4 | 11.8 | 20.2% |
| Others | 16.0 | 13.2 | 11.7 | 9.6 | -15.7% |
| Total | 235 | 308 | 607 | 577 | 34.9% |
Top Suppliers of Quinones; Anthraquinone to Singapore in 2022:
- China (187.1 tons)
- South Africa (3.4 tons)
Quinones; Anthraquinone Exports in Singapore
After three years of growth, shipments abroad of quinones; anthraquinones decreased by -7.4% to 40 tons in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 59%. As a result, the exports attained the peak of 43 tons, and then fell in the following year.
In value terms, quinones; anthraquinone exports shrank to $63K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports reached the peak of $71K, and then dropped in the following year.
| Export of Quinones; Anthraquinone in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 32.4 | 34.8 | 41.3 | 37.7 | 5.2% |
| China | 14.6 | 18.5 | 28.5 | 24.0 | 18.0% |
| Malaysia | 0.1 | 0.5 | 0.7 | 0.6 | 81.7% |
| Others | 0.2 | 0.3 | 0.6 | 0.4 | 26.0% |
| Total | 47.3 | 54.2 | 71.1 | 62.6 | 9.8% |
Top Export Markets for Quinones; Anthraquinone from Singapore in 2022:
- China (35.5 tons)
- India (2.8 tons)
- Malaysia (1.4 tons)
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