Singapore: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Singapore

The Singaporean market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals surged to $X in 2021, increasing by 27% against the previous year. Overall, consumption showed a prominent expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Singapore

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 54% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from Singapore

In 2021, overseas shipments of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by 4.8% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 966%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals expanded notably to $X in 2021. Over the period under review, exports, however, continue to indicate a slight descent. The growth pace was the most rapid in 2017 with an increase of 1,002%. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons), Bangladesh (X tons) and South Korea (X tons) were the main destinations of exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Singapore, with a combined 87% share of total exports. Japan, Taiwan (Chinese) and Indonesia lagged somewhat behind, together accounting for a further 9.4%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +15.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chlorides and phosphorus oxychloride and halides exported from Singapore were Malaysia ($X), South Korea ($X) and Japan ($X), together accounting for 89% of total exports.

South Korea, with a CAGR of +39.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, increasing by 3% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 44%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into Singapore

In 2021, the amount of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals imported into Singapore skyrocketed to X tons, increasing by 111% on 2020. In general, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals skyrocketed to $X in 2021. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), China (X tons) and Japan (X tons) were the main suppliers of imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to Singapore, with a combined 59% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +29.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chlorides and phosphorus oxychloride and halides suppliers to Singapore were South Korea ($X), Japan ($X) and the United States ($X), with a combined 91% share of total imports.

Japan, with a CAGR of +25.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, dropping by -34.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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