Price for Alkali Metals; Other than Sodium in Singapore - 2022

Contents:

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

Price for Alkali Metals; Other than Sodium in Singapore (CIF) - 2022

The average import price for alkali metals; other than sodia stood at $99,487 per ton in 2022, increasing by 4.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2017 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $115,163 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($99,486 per ton), while the price for the United States amounted to $57,006 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%).

Price for Alkali Metals; Other than Sodium in Singapore (FOB) - 2022

The average export price for alkali metals; other than sodia stood at $7,875 per ton in 2022, increasing by 13% against the previous year. Overall, the export price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 159%. As a result, the export price attained the peak level of $58,169 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($9,249 per ton), while the average price for exports to Indonesia ($6,721 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 China (+31.8%), while the prices for the other major destinations experienced a decline.

Imports of Alkali Metals; Other than Sodium in Singapore

In 2022, imports of alkali metals; other than sodia into Singapore surged to 518 tons, growing by 197% against 2021. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, alkali metals; other than sodium imports skyrocketed to $52M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alkali Metals; Other than Sodium in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.914.116.651.545.0%
United States0.30.30.1N/A-42.3%
OthersN/AN/AN/AN/A0%
Total17.314.416.751.543.9%

Top Suppliers of Alkali Metals; Other than Sodium to Singapore in 2022:

  1. China (517.8 tons)
  2. United States (0.2 tons)

Exports of Alkali Metals; Other than Sodium in Singapore

After two years of decline, shipments abroad of alkali metals; other than sodia increased by 90% to 31 tons in 2022. In general, exports, however, continue to indicate a significant contraction.

In value terms, alkali metals; other than sodium exports skyrocketed to $245K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decrease.

Export of Alkali Metals; Other than Sodium in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1,27118.91.3136-52.5%
Thailand1.587.966.850.4222.7%
Malaysia51.141.341.939.8-8.0%
China4,00951.2N/AN/A-98.7%
Philippines19.767.2N/AN/A241.1%
Others13.72.93.818.811.1%
Total5,366269114245-64.3%

Top Export Markets for Alkali Metals; Other than Sodium from Singapore in 2022:

  1. Indonesia (20.2 tons)
  2. Thailand (5.4 tons)
  3. Malaysia (4.9 tons)

Source: IndexBox Market Intelligence Platform

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