Commercial Printing Price in Singapore - 2022
Contents:
- Commercial Printing Price in Singapore (FOB) - 2022
- Commercial Printing Price in Singapore (CIF) - 2022
- Commercial Printing Exports in Singapore
- Commercial Printing Imports in Singapore
Commercial Printing Price in Singapore (FOB) - 2022
In September 2022, the average commercial printing export price amounted to $20,277 per ton, leveling off at the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 31% month-to-month. Over the period under review, the average export prices attained the maximum at $21,193 per ton in June 2022; however, from July 2022 to September 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Japan ($46,559 per ton), while the average price for exports to Sri Lanka ($6,365 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Commercial Printing Price in Singapore (CIF) - 2022
In 2022, the average commercial printing import price amounted to $13,167 per ton, picking up by 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2020 when the average import price increased by 11% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($28,327 per ton), while the price for Hong Kong SAR ($3,540 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Commercial Printing Exports in Singapore
Commercial printing exports from Singapore dropped to 31K tons in 2022, which is down by -13.4% compared with 2021 figures. Over the period under review, exports faced a abrupt downturn. The smallest decline of -9.8% was in 2021.
In value terms, commercial printing exports reduced to $553M in 2022. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 1.2% against the previous year.
| Export of Commercial Printing in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 50.6 | 146 | 95.3 | 67.2 | 9.9% |
| China | 72.8 | 62.8 | 60.2 | 62.0 | -5.2% |
| United States | 53.1 | 55.2 | 75.2 | 59.0 | 3.6% |
| Malaysia | 86.7 | 58.5 | 49.7 | 57.5 | -12.8% |
| Indonesia | 51.0 | 42.5 | 42.3 | 39.4 | -8.2% |
| Australia | 57.0 | 36.1 | 54.0 | 34.9 | -15.1% |
| Thailand | 46.4 | 30.8 | 31.1 | 32.5 | -11.2% |
| Philippines | 46.3 | 22.1 | 24.8 | 26.5 | -17.0% |
| Vietnam | 28.5 | 20.4 | 21.5 | 23.7 | -6.0% |
| South Korea | 23.0 | 20.6 | 19.6 | 22.3 | -1.0% |
| Hong Kong SAR | 41.6 | 29.9 | 25.5 | 22.0 | -19.1% |
| Macao SAR | 20.9 | 10.0 | 26.8 | 18.2 | -4.5% |
| Taiwan (Chinese) | 18.8 | 14.0 | 14.0 | 15.4 | -6.4% |
| Others | 112 | 75.5 | 91.9 | 72.4 | -13.5% |
| Total | 709 | 625 | 632 | 553 | -7.9% |
Top Export Markets for Commercial Printing from Singapore in 2022:
- Malaysia (4.6K tons)
- United States (3.7K tons)
- Indonesia (2.9K tons)
- Australia (2.8K tons)
- China (2.8K tons)
- Thailand (1.9K tons)
- Japan (1.6K tons)
- Philippines (1.5K tons)
- Vietnam (1.4K tons)
- Hong Kong SAR (1.0K tons)
- Taiwan (Chinese) (0.9K tons)
- South Korea (0.9K tons)
- Macao SAR (0.9K tons)
Commercial Printing Imports in Singapore
In 2022, commercial printing imports into Singapore rose slightly to 30K tons, increasing by 4.5% compared with the previous year. Overall, imports, however, recorded a abrupt curtailment.
In value terms, commercial printing imports stood at $401M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern.
| Import of Commercial Printing in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.1 | 61.2 | 66.2 | 89.8 | 14.3% |
| United States | 89.3 | 68.7 | 79.7 | 81.8 | -2.9% |
| Malaysia | 94.3 | 79.4 | 77.1 | 73.5 | -8.0% |
| United Kingdom | 55.4 | 43.4 | 47.9 | 44.6 | -7.0% |
| Japan | 21.6 | 14.2 | 16.3 | 19.4 | -3.5% |
| Germany | 8.2 | 10.8 | 9.7 | 10.2 | 7.5% |
| France | 6.8 | 3.1 | 5.6 | 8.6 | 8.1% |
| Indonesia | 3.3 | 5.6 | 6.2 | 8.4 | 36.5% |
| Taiwan (Chinese) | 8.4 | 6.1 | 6.7 | 7.1 | -5.5% |
| Sweden | 2.6 | 1.7 | 7.5 | 6.7 | 37.1% |
| Italy | 5.0 | 5.2 | 5.5 | 6.5 | 9.1% |
| Hong Kong SAR | 11.6 | 11.1 | 12.1 | 5.0 | -24.5% |
| Others | 41.7 | 40.3 | 32.9 | 39.8 | -1.5% |
| Total | 408 | 351 | 373 | 401 | -0.6% |
Top Suppliers of Commercial Printing to Singapore in 2022:
- China (6.6K tons)
- Malaysia (6.5K tons)
- United States (5.5K tons)
- United Kingdom (3.1K tons)
- Hong Kong SAR (1.4K tons)
- Japan (1.2K tons)
- Taiwan (Chinese) (1.1K tons)
- France (0.6K tons)
- Italy (0.5K tons)
- Indonesia (0.5K tons)
- Sweden (0.5K tons)
- Germany (0.5K tons)
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