Report Update Nov 1, 2024

Singapore - Iron Oxides and Hydroxides - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Singapore: Iron Oxide Pigment Market 2024

Iron Oxide Pigment Market Size in Singapore

The Singaporean iron oxide pigment market soared to $X in 2021, growing by 21% against the previous year. Over the period under review, consumption, however, enjoyed a prominent increase. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Iron Oxide Pigment Production in Singapore

In value terms, iron oxide pigment production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 3,256% against the previous year. Iron oxide pigment production peaked at $X in 2020, and then dropped modestly in the following year.

Iron Oxide Pigment Exports

Exports from Singapore

In 2021, overseas shipments of iron oxide pigments decreased by -15.2% to X tons, falling for the eighth consecutive year after two years of growth. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2013 when exports increased by 37%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, iron oxide pigment exports soared to $X in 2021. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 32% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X tons), Vietnam (X tons) and Thailand (X tons) were the main destinations of iron oxide pigment exports from Singapore, with a combined 70% share of total exports. Indonesia, India, Egypt, Japan and the Philippines lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +80.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron oxide pigment exported from Singapore were Malaysia ($X), India ($X) and Vietnam ($X), together comprising 69% of total exports.

In terms of the main countries of destination, India, with a CAGR of +116.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron oxide pigment export price stood at $X per ton in 2021, growing by 40% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. 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 India ($X per ton), while the average price for exports to Japan ($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 India (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Oxide Pigment Imports

Imports into Singapore

In 2021, approx. X tons of iron oxide pigments were imported into Singapore; with a decrease of -4.5% compared with the previous year's figure. Over the period under review, imports recorded a deep contraction. The smallest decline of -4.2% was in 2014. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, iron oxide pigment imports surged to $X in 2021. Overall, imports recorded a abrupt contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), China (X tons) and Spain (X tons) were the main suppliers of iron oxide pigment imports to Singapore, together comprising 81% of total imports. These countries were followed by the UK, Japan, India, the United States and Australia, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +0.2%), while imports for the other leaders experienced a decline.

In value terms, the largest iron oxide pigment suppliers to Singapore were Germany ($X), China ($X) and the UK ($X), together comprising 86% of total imports. These countries were followed by Japan, Spain, the United States, India and Australia, which together accounted for a further 11%.

India, with a CAGR of +10.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average iron oxide pigment import price amounted to $X per ton, with an increase of 21% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron oxides and hydroxides in the world?

The countries with the highest volumes of iron oxide pigments consumption in 2020 were China, Germany and the United States, together accounting for 43% of global consumption. India, Mexico, Japan, Chile, Taiwan Chinese), Russia, Italy, France, Brazil and Poland lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of iron oxides and hydroxides in the world?

The countries with the highest volumes of iron oxide pigments production in 2020 were China, Germany and India, with a combined 57% share of global production. Japan, Brazil, Chile, South Korea, Taiwan Chinese), France, Italy, Mauritania, Austria and Belgium lagged somewhat behind, together comprising a further 30%.

What are the leading suppliers of iron oxides and hydroxides to Singapore?

In value terms, Germany constituted the largest supplier of iron oxide pigments to Singapore, comprising 52% of total imports. The second position in the ranking was occupied by China, with a 23% share of total imports. It was followed by Japan, with a 7.6% share.

What are the leading importers of iron oxides and hydroxides from Singapore?

In value terms, Malaysia emerged as the key foreign market for iron oxide pigments exports from Singapore, comprising 34% of total exports. The second position in the ranking was occupied by Vietnam, with a 16% share of total exports. It was followed by Thailand, with a 15% share.

What is the average export price for iron oxides and hydroxides in Singapore?

In 2020, the average iron oxide pigments export price amounted to $1,862 per ton, rising by 24% against the previous year.

What is the average import price for iron oxides and hydroxides in Singapore?

The average iron oxide pigments import price stood at $1,657 per ton in 2020, which is down by -3.6% against the previous year.

This report provides an in-depth analysis of the iron oxide pigment 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 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3

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