Singapore - Non-Coniferous Wood In Chips Or Particles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Singapore - Non-Coniferous Wood In Chips Or Particles - Market Analysis, Forecast, Size, Trends And Insights

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Chipped Non-Coniferous Wood Price in Singapore - 2022

Contents:

  1. Chipped Non-Coniferous Wood Price in Singapore (FOB) - 2022
  2. Chipped Non-Coniferous Wood Price in Singapore (CIF) - 2022
  3. Chipped Non-Coniferous Wood Exports in Singapore
  4. Chipped Non-Coniferous Wood Imports in Singapore

Chipped Non-Coniferous Wood Price in Singapore (FOB) - 2022

In 2022, the average chipped non-coniferous wood export price amounted to $13 per cubic meter, jumping by 106% against the previous year. In general, the export price saw a strong expansion. Over the period under review, the average export prices hit record highs at $13 per cubic meter in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($30 per cubic meter), while the average price for exports to Thailand stood at $6.2 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-1.6%).

Chipped Non-Coniferous Wood Price in Singapore (CIF) - 2022

In 2022, the average chipped non-coniferous wood import price amounted to $365 per cubic meter, dropping by -43.5% against the previous year. In general, the import price, however, continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 132% against the previous year. Over the period under review, average import prices reached the maximum at $647 per cubic meter in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($637 per cubic meter), while the price for Malaysia ($227 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Chipped Non-Coniferous Wood Exports in Singapore

Chipped non-coniferous wood exports from Singapore contracted to 142K cubic meters in 2022, waning by -12.7% against 2021. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 159% against the previous year. As a result, the exports reached the peak of 162K cubic meters, and then dropped in the following year.

In value terms, chipped non-coniferous wood exports soared to $1.8M in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 162% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Chipped Non-Coniferous Wood in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PhilippinesN/AN/AN/A1,0590%
Thailand704374988653-2.5%
Others6.04.03.467.0123.5%
Total7103789911,77935.8%

Top Export Markets for Chipped Non-Coniferous Wood from Singapore in 2022:

  1. Thailand (105.3K cubic meters)
  2. Philippines (35.7K cubic meters)

Chipped Non-Coniferous Wood Imports in Singapore

In 2022, purchases abroad of non-coniferous wood in chips or particles was finally on the rise to reach 586 cubic meters for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the peak figure at 592 cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, chipped non-coniferous wood imports soared to $214K in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. As a result, imports reached the peak of $233K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Chipped Non-Coniferous Wood in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia0.20.4N/A64.4585.4%
United States12.930.060.552.259.4%
Estonia10.923.127.144.860.2%
Germany19.125.820.625.29.7%
China36.212821.96.5-43.6%
VietnamN/AN/AN/A3.70%
Indonesia25.715.8N/AN/A-38.5%
Others10.19.69.717.319.6%
Total11523314021423.0%

Top Suppliers of Chipped Non-Coniferous Wood to Singapore in 2022:

  1. Malaysia (284.0 cubic meters)
  2. Estonia (128.0 cubic meters)
  3. United States (82.0 cubic meters)
  4. Germany (60.0 cubic meters)
  5. Vietnam (16.0 cubic meters)
  6. China (3.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chipped non-coniferous wood 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 16102305 - Non-coniferous wood in chips or particles

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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