Balls; Inflatable Price in Singapore - 2022

Contents:

  1. Balls; Inflatable Price in Singapore (CIF) - 2022
  2. Balls; Inflatable Price in Singapore (FOB) - 2022
  3. Balls; Inflatable Imports in Singapore
  4. Balls; Inflatable Exports in Singapore

Balls; Inflatable Price in Singapore (CIF) - 2022

In 2022, the average balls; inflatable import price amounted to $5.5 per unit, increasing by 56% against the previous year. In general, the import price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 58%. Over the period under review, average import prices reached the peak figure at $6.3 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Thailand ($12 per unit), while the price for Malaysia ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Balls; Inflatable Price in Singapore (FOB) - 2022

In 2022, the average balls; inflatable export price amounted to $8.6 per unit, falling by -33.8% against the previous year. Overall, the export price recorded a noticeable descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $13 per unit, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($18 per unit), while the average price for exports to Indonesia ($7.7 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 Hong Kong SAR (-2.3%), while the prices for the other major destinations experienced a decline.

Balls; Inflatable Imports in Singapore

Balls; inflatable imports into Singapore reduced markedly to 729K units in 2022, which is down by -28.6% on the previous year. Over the period under review, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 198% against the previous year. As a result, imports attained the peak of 1M units, and then reduced remarkably in the following year.

In value terms, balls; inflatable imports expanded markedly to $4M in 2022. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 178%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Balls; Inflatable in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand8283252,0751,99134.0%
China5714847701,17627.2%
Pakistan459166140437-1.6%
Vietnam175109116157-3.6%
Malaysia26.13.333.175.842.7%
United Arab Emirates17297.42730.8-83.3%
France1132.532.7N/A-46.2%
Others1741161811953.9%
Total2,5191,3043,6214,03317.0%

Top Suppliers of Balls; Inflatable to Singapore in 2022:

  1. China (405.7K units)
  2. Thailand (169.9K units)
  3. Pakistan (60.5K units)
  4. Malaysia (37.8K units)
  5. Vietnam (29.6K units)
  6. United Arab Emirates (0.4K units)

Balls; Inflatable Exports in Singapore

In 2022, approx. 630K units of balls; inflatables were exported from Singapore; rising by 169% on 2021 figures. Overall, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, balls; inflatable exports soared to $5.4M in 2022. In general, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Balls; Inflatable in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1,0603664233,28745.8%
Malaysia1,5698982,1331,534-0.7%
Hong Kong SAR11052.718018719.3%
Sri Lanka265177118131-20.9%
Others615274199288-22.3%
Total3,6181,7673,0535,42714.5%

Top Export Markets for Balls; Inflatable from Singapore in 2022:

  1. Indonesia (428.4K units)
  2. Malaysia (156.6K units)
  3. Hong Kong SAR (10.5K units)
  4. Sri Lanka (8.9K units)

Source: IndexBox Market Intelligence Platform

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