Cerium Compounds Price in Singapore - 2022
Contents:
- Cerium Compounds Price in Singapore (CIF) - 2022
- Cerium Compounds Price in Singapore (FOB) - 2022
- Cerium Compounds Imports in Singapore
- Cerium Compounds Exports in Singapore
Cerium Compounds Price in Singapore (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $23,866 per ton, picking up by 4.6% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 118% against the previous year. As a result, import price attained the peak level of $59,216 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($72,826 per ton), while the price for China ($20,831 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Cerium Compounds Price in Singapore (FOB) - 2022
In 2022, the average cerium compounds export price amounted to $75,386 per ton, picking up by 229% against the previous year. Over the period under review, the export price recorded prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($83,751 per ton), while the average price for exports to the United States ($22,923 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 Taiwan (Chinese) (+97.2%), while the prices for the other major destinations experienced more modest paces of growth.
Cerium Compounds Imports in Singapore
For the fourth consecutive year, Singapore recorded growth in overseas purchases of cerium compoundses, which increased by 34% to 355 tons in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 509% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, cerium compounds imports soared to $8.5M in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 576%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Cerium Compounds in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.1 | 4.7 | 5.8 | 8.2 | 334.4% |
| France | 0.6 | 0.1 | 0.1 | 0.1 | -45.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 0.7 | 4.9 | 6.0 | 8.5 | 129.8% |
Top Suppliers of Cerium Compounds to Singapore in 2022:
- Japan (350.5 tons)
- France (1.7 tons)
Cerium Compounds Exports in Singapore
Cerium compounds exports from Singapore contracted sharply to 1.8 tons in 2022, declining by -49.1% compared with the previous year's figure. Overall, exports faced a sharp reduction. The smallest decline of -28.8% was in 2021.
In value terms, cerium compounds exports soared to $132K in 2022. In general, exports recorded a dramatic setback.
| Export of Cerium Compounds in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.2 | 4.1 | N/A | 118 | 77.2% |
| Philippines | 10.7 | 5.0 | 1.9 | 8.6 | -7.0% |
| Malaysia | 269 | 1.9 | 23.4 | 3.3 | -76.9% |
| United States | N/A | N/A | N/A | 1.5 | 0% |
| Thailand | 9.7 | 66.3 | 0.8 | 0.2 | -72.6% |
| Japan | 8.6 | 21.6 | 9.0 | N/A | 2.3% |
| Indonesia | 0.5 | 15.4 | 41.3 | N/A | 808.8% |
| Maldives | 1.1 | N/A | N/A | N/A | 0% |
| Brazil | 0.7 | N/A | N/A | N/A | 0% |
| Others | 7.5 | 1.6 | 2.4 | 0.8 | -52.6% |
| Total | 329 | 116 | 78.8 | 132 | -26.2% |
Top Export Markets for Cerium Compounds from Singapore in 2022:
- China (1404.0 kg)
- Philippines (139.0 kg)
- Malaysia (132.0 kg)
- United States (65.0 kg)
- Thailand (1.0 kg)
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