Report Update Nov 1, 2024

Singapore - Sodium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Sodium Carbonate Market 2024

Sodium Carbonate Market Size in Singapore

The Singaporean sodium carbonate market stood at $X in 2022, rising by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a resilient expansion. Sodium carbonate consumption peaked in 2022 and is likely to continue growth in years to come.

Sodium Carbonate Exports

Exports from Singapore

Sodium carbonate exports from Singapore contracted to X tons in 2022, waning by -13.9% on the previous year's figure. In general, exports recorded a slight curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 74% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, sodium carbonate exports reduced to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 51%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar (X tons), Indonesia (X tons) and Malaysia (X tons) were the main destinations of sodium carbonate exports from Singapore, together comprising 92% of total exports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +35.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X), Myanmar ($X) and Malaysia ($X) were the largest markets for sodium carbonate exported from Singapore worldwide, with a combined 87% share of total exports.

Myanmar, with a CAGR of +31.4%, 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 a decline.

Export Prices by Country

In 2022, the average sodium carbonate export price amounted to $X per ton, surging by 4.2% against the previous year. In general, the export price, however, saw a abrupt decrease. The growth pace was the most rapid in 2019 an increase of 51% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Bangladesh ($X 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 Indonesia (+1.0%), while the prices for the other major destinations experienced a decline.

Sodium Carbonate Imports

Imports into Singapore

In 2022, the amount of sodium carbonate imported into Singapore surged to X tons, increasing by 24% against 2021. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 174%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, sodium carbonate imports rose slightly to $X in 2022. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 182% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, France (X tons) constituted the largest sodium carbonate supplier to Singapore, accounting for a 90% share of total imports. Moreover, sodium carbonate imports from France exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by Malaysia (X tons), with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +115.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.5% per year) and Malaysia (+17.6% per year).

In value terms, France ($X) constituted the largest supplier of sodium carbonate to Singapore, comprising 74% of total imports. The second position in the ranking was held by China ($X), with a 9.3% share of total imports. It was followed by Malaysia, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to +64.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.6% per year) and Malaysia (+14.2% per year).

Import Prices by Country

In 2022, the average sodium carbonate import price amounted to $X per ton, falling by -18% against the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium carbonate in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 46% of global consumption. Japan, Russia, Pakistan, Indonesia, Mexico, the UK, Brazil and Iran lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of sodium carbonate in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 57% share of global production. These countries were followed by Turkey, Russia, Japan, Pakistan, the UK, Bulgaria, Indonesia, Germany and Iran, which together accounted for a further 30%.

What are the leading suppliers of sodium carbonate to Singapore?

In value terms, Belgium, the United States and Malaysia were the largest sodium carbonate suppliers to Singapore, with a combined 93% share of total imports.

What are the leading importers of sodium carbonate from Singapore?

In value terms, the largest markets for sodium carbonate exported from Singapore were Australia, India and Fiji, with a combined 87% share of total exports.

What is the average export price for sodium carbonate in Singapore?

The average sodium carbonate export price stood at $657 per ton in 2021, rising by 19% against the previous year.

What is the average import price for sodium carbonate in Singapore?

In 2021, the average sodium carbonate import price amounted to $221 per ton, reducing by -4% against the previous year.

This report provides an in-depth analysis of the sodium carbonate market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20134310 - Disodium carbonate

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023