Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore - 2023

Contents:

  1. Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore (FOB) - 2022
  2. Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore (CIF) - 2022
  3. Exports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore
  4. Imports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore

Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore (FOB) - 2022

The average export price for fluorspar; containing by weight 97% or less of calcium fluorides stood at $234 per ton in 2022, which is down by -37.5% against the previous year. Overall, the export price recorded a precipitous slump. The most prominent rate of growth was recorded in 2015 an increase of 391,774%. The export price peaked at $1,838,543 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($239 per ton), while the average price for exports to India ($115 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 Thailand (+9.9%).

Price for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore (CIF) - 2022

In 2022, the average import price for fluorspar; containing by weight 97% or less of calcium fluorides amounted to $534 per ton, declining by -6.6% against the previous year. In general, the import price continues to indicate a pronounced downturn. Over the period under review, average import prices hit record highs at $872 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($803 per ton), while the price for Taiwan (Chinese) ($186 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore

In 2022, approx. 2.1K tons of fluorspar; containing by weight 97% or less of calcium fluorides were exported from Singapore; picking up by 53% against 2021. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 118%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of fluorspar; containing by weight 97% or less of calcium fluorides fell modestly to $497K in 2022. Over the period under review, total exports indicated a strong increase from 2020 to 2022: its value increased at an average annual rate of +17.3% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, the exports attained the peak of $520K, and then dropped slightly in the following year.

Export of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Malaysia36147444410.9%
ThailandN/A46.137.7-18.2%
Taiwan (Chinese)N/AN/A10.20%
IndiaN/AN/A5.10%
OthersN/AN/AN/A0%
Total36152049717.3%

Top Export Markets for Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride from Singapore in 2022:

  1. Malaysia (1855.9 tons)
  2. Thailand (171.6 tons)
  3. Taiwan (Chinese) (50.0 tons)
  4. India (44.0 tons)

Imports of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore

In 2022, imports of fluorspar; containing by weight 97% or less of calcium fluorides into Singapore fell markedly to 493 tons, with a decrease of -22.9% on 2021 figures. In general, imports showed a dramatic downturn.

In value terms, imports of fluorspar; containing by weight 97% or less of calcium fluorides declined significantly to $263K in 2022. Over the period under review, imports faced a precipitous shrinkage.

Import of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride in Singapore (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
China453279212-31.6%
Taiwan (Chinese)N/AN/A28.60%
Pakistan70.675.523.0-42.9%
Japan57.0N/AN/A0%
Others15.310.6N/A-30.7%
Total595366263-33.5%

Top Suppliers of Fluorspar; Containing by Weight 97% or Less of Calcium Fluoride to Singapore in 2022:

  1. China (263.6 tons)
  2. Taiwan (Chinese) (153.7 tons)
  3. Pakistan (75.5 tons)

Source: IndexBox Market Intelligence Platform

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