Report Update Nov 1, 2024

Singapore - Phosphinates (Hypophosphites) and Phosphonates (Phosphites) - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Singapore

In 2022, the Singaporean phosphinates and phosphonates market decreased by -40.9% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a deep setback. Phosphinates and phosphonates consumption peaked at $X in 2021, and then dropped significantly in the following year.

Phosphinates And Phosphonates Exports

Exports from Singapore

Phosphinates and phosphonates exports from Singapore skyrocketed to X tons in 2022, picking up by 50% compared with the previous year. Over the period under review, exports, however, continue to indicate a pronounced downturn. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, phosphinates and phosphonates exports skyrocketed to $X in 2022. In general, exports posted a mild expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tons), Indonesia (X tons) and Vietnam (X tons) were the main destinations of phosphinates and phosphonates exports from Singapore, together accounting for 95% of total exports. The Philippines and Thailand lagged somewhat behind, together comprising a further 4.1%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +27.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for phosphinates and phosphonates exported from Singapore were Malaysia ($X), Indonesia ($X) and Vietnam ($X), together comprising 94% of total exports. The Philippines and Thailand lagged somewhat behind, together accounting for a further 4.5%.

The Philippines, with a CAGR of +40.4%, recorded the highest growth rate of the value of exports, among 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 2022, the average phosphinates and phosphonates export price amounted to $X per ton, growing by 30% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phosphinates and phosphonates export price increased by +105.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Vietnam ($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 the Philippines (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphinates And Phosphonates Imports

Imports into Singapore

After two years of growth, supplies from abroad of phosphinates (hypophosphites) and phosphonates (phosphites) decreased by -23.6% to X tons in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 23% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, phosphinates and phosphonates imports fell modestly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 103% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of phosphinates and phosphonates to Singapore, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -6.2%.

In value terms, China ($X) constituted the largest supplier of phosphinates (hypophosphites) and phosphonates (phosphites) to Singapore.

From 2012 to 2022, the average annual growth rate of value from China totaled +1.1%.

Import Prices by Country

In 2022, the average phosphinates and phosphonates import price amounted to $X per ton, growing by 30% against the previous year. Over the period under review, the import price saw prominent growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 95% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phosphinates (hypophosphites) and phosphonates (phosphites) in the world?

The countries with the highest volumes of in 2021 were India, the United States and Germany, together comprising 33% of global consumption.

What are the largest producers of phosphinates (hypophosphites) and phosphonates (phosphites) in the world?

China constituted the country with the largest volume of phosphinates and phosphonates production, accounting for 52% of total volume. Moreover, phosphinates and phosphonates production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The United States ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of phosphinates (hypophosphites) and phosphonates (phosphites) to Singapore?

In value terms, China constituted the largest supplier of phosphinates and phosphonates to Singapore.

What are the leading importers of phosphinates (hypophosphites) and phosphonates (phosphites) from Singapore?

In value terms, Malaysia remains the key foreign market for phosphinates and phosphonates exports from Singapore, comprising 65% of total exports. The second position in the ranking was occupied by Vietnam, with a 25% share of total exports. It was followed by the Philippines, with a 3.8% share.

What is the average export price for phosphinates (hypophosphites) and phosphonates (phosphites) in Singapore?

The average phosphinates and phosphonates export price stood at $2,565 per ton in 2021, rising by 5.5% against the previous year.

What is the average import price for phosphinates (hypophosphites) and phosphonates (phosphites) in Singapore?

The average phosphinates and phosphonates import price stood at $2,062 per ton in 2021, rising by 6.9% against the previous year.

This report provides an in-depth analysis of the phosphinates and phosphonates 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 20134220 - Phosphinates (hypophosphites) and phosphonates (phosphites)

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
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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
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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