Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore - 2023

Contents:

  1. Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore (CIF) - 2023
  2. Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore (FOB) - 2022
  3. Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore
  4. Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore

Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore (CIF) - 2023

In June 2023, the average import price for travel sets; for personal toilet, sewing, shoe or clothes cleanings amounted to $1.3 per unit, with an increase of 64% against the previous month. Over the period under review, the import price, however, showed a abrupt descent. The pace of growth was the most pronounced in September 2022 when the average import price increased by 204% month-to-month. Over the period under review, average import prices hit record highs at $2.4 per unit in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

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

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -2.8% per month.

Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore (FOB) - 2022

The average export price for travel sets; for personal toilet, sewing, shoe or clothes cleanings stood at $3.5 per unit in 2022, growing by 325% against the previous year. In general, the export price saw a significant expansion. Over the period under review, the average export prices attained the peak figure at $3.7 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($1.3 per unit), while the average price for exports to Maldives ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore

In 2022, after two years of decline, there was significant growth in purchases abroad of travel sets; for personal toilet, sewing, shoe or clothes cleanings, when their volume increased by 65% to 2M units. Over the period under review, imports, however, continue to indicate a abrupt contraction. Imports peaked at 3.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of travel sets; for personal toilet, sewing, shoe or clothes cleanings soared to $1.9M in 2022. Overall, imports, however, continue to indicate a sharp shrinkage. Imports peaked at $3.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,9581,0777901,455-21.1%
Australia34.319.973.011449.2%
Bangladesh6.0N/AN/A82.3139.4%
United States38.231.930.842.43.5%
Malaysia10.313.423.339.856.9%
Thailand69.248.410836.1-19.5%
Indonesia23017599.631.8-48.3%
South Korea1651156.17.6-64.2%
Japan1535.34.61.6-78.1%
Taiwan (Chinese)2.016.61340.2-53.6%
Others20380.343.174.6-28.4%
Total3,8681,5831,3131,886-21.3%

Top Suppliers of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning to Singapore in 2022:

  1. China (1434.8K units)
  2. Thailand (115.8K units)
  3. Australia (111.6K units)
  4. Bangladesh (81.2K units)
  5. United States (41.9K units)
  6. Malaysia (39.2K units)
  7. Indonesia (31.4K units)
  8. South Korea (7.5K units)
  9. Japan (1.6K units)
  10. Taiwan (Chinese) (0.2K units)

Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore

In 2022, the amount of travel sets; for personal toilet, sewing, shoe or clothes cleanings exported from Singapore fell dramatically to 149K units, which is down by -80.7% compared with 2021. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 319%. As a result, the exports attained the peak of 772K units, and then reduced notably in the following year.

In value terms, exports of travel sets; for personal toilet, sewing, shoe or clothes cleanings dropped rapidly to $525K in 2022. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 54% against the previous year. Over the period under review, the exports of hit record highs at $925K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia14998.724826220.7%
Malaysia38682.515590.9-38.2%
United States0.6N/A0.865.8378.7%
China29.9N/A11.923.1-8.2%
JapanN/A4.320.022.3127.7%
TurkeyN/AN/A5.78.243.9%
Maldives32.84.615.04.1-50.0%
Vietnam2.60.325.13.510.4%
PakistanN/A11.216.12.0-57.7%
United Arab Emirates17914654.31.9-78.0%
South Korea0.70.430.21.528.9%
Others14467.957.840.2-34.6%
Total925416640525-17.2%

Top Export Markets for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning from Singapore in 2022:

  1. Indonesia (260.1K units)
  2. United States (72.7K units)
  3. Malaysia (70.0K units)
  4. China (25.5K units)
  5. Japan (22.4K units)
  6. Turkey (9.9K units)
  7. Maldives (6.6K units)
  8. Vietnam (2.8K units)
  9. United Arab Emirates (2.4K units)
  10. Pakistan (2.0K units)
  11. South Korea (1.5K units)

Source: IndexBox Market Intelligence Platform

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