Singapore: Unwrought Lead Market 2021

Unwrought Lead Market Size in Singapore

For the third consecutive year, the Singaporean unwrought lead market recorded growth in sales value, which increased by X% to $X in 2020. Overall, the total consumption indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Unwrought Lead Production in Singapore

In value terms, unwrought lead production rose markedly to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Unwrought Lead Exports

Exports from Singapore

In 2020, the amount of unwrought lead exported from Singapore contracted to X tons, which is down by -X% compared with 2019. Over the period under review, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, unwrought lead exports reached $X in 2020. In general, exports recorded a deep setback. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

India (X tons) was the main destination for unwrought lead exports from Singapore, accounting for a X% share of total exports. Moreover, unwrought lead exports to India exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to India totaled -X%.

In value terms, India ($X) remains the key foreign market for unwrought lead exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to India totaled -X%.

Export Prices by Country

In 2020, the average unwrought lead export price amounted to $X per ton, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure in 2020 and is likely to continue growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India.

Unwrought Lead Imports

Imports into Singapore

In 2020, approx. X tons of unwrought lead were imported into Singapore; remaining stable against the previous year. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, unwrought lead imports totaled $X in 2020. In general, imports recorded a relatively flat trend pattern. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, the UK (X tons) constituted the largest unwrought lead supplier to Singapore, accounting for a X% share of total imports. Moreover, unwrought lead imports from the UK exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United Arab Emirates (X% per year).

In value terms, the UK ($X) constituted the largest supplier of unwrought lead to Singapore, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2020, the average unwrought lead import price amounted to $X per ton, approximately equating the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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