Singapore - Folding Boxboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Singapore - Folding Boxboard - Market Analysis, Forecast, Size, Trends and Insights

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Folding Boxboard Price in Singapore - 2022

Contents:

  1. Folding Boxboard Price in Singapore (FOB) - 2022
  2. Folding Boxboard Price in Singapore (CIF) - 2022
  3. Folding Boxboard Exports in Singapore
  4. Folding Boxboard Imports in Singapore

Folding Boxboard Price in Singapore (FOB) - 2022

In September 2022, the average folding boxboard export price amounted to $4,660 per ton, increasing by 3% against the previous month. In general, export price indicated a noticeable increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, folding boxboard export price increased by +17.8% against June 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 30% against the previous month. The export price peaked at $4,672 per ton in April 2022; afterwards, it flattened through to September 2022.

Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($23,073 per ton), while the average price for exports to Malaysia ($3,284 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 Malaysia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Folding Boxboard Price in Singapore (CIF) - 2022

In September 2022, the average folding boxboard import price amounted to $2,855 per ton, leveling off at the previous month. In general, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in March 2022 an increase of 64% against the previous month. As a result, import price reached the peak level of $3,284 per ton. From April 2022 to September 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Switzerland ($23,073 per ton), while the price for Sweden ($1,134 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Folding Boxboard Exports in Singapore

For the third consecutive year, Singapore recorded decline in overseas shipments of folding boxboard, which decreased by -11.3% to 137K tons in 2022. In general, exports showed a deep reduction. The smallest decline of -2.6% was in 2021.

In value terms, folding boxboard exports reduced slightly to $423M in 2022. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 10%.

Export of Folding Boxboard in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand98.11111561052.3%
Indonesia10175.084.677.7-8.4%
Philippines44.054.740.441.9-1.6%
Vietnam10566.568.930.0-34.1%
Malaysia31.830.429.229.8-2.1%
New Zealand30.314.815.028.9-1.6%
Australia29.129.329.225.1-4.8%
Others29.822.120.784.641.6%
Total470404444423-3.5%

Top Export Markets for Folding Boxboard from Singapore in 2022:

  1. Thailand (36.8K tons)
  2. Indonesia (24.8K tons)
  3. Malaysia (12.9K tons)
  4. Philippines (12.1K tons)
  5. New Zealand (12.0K tons)
  6. Vietnam (9.6K tons)
  7. Australia (9.3K tons)

Folding Boxboard Imports in Singapore

Folding boxboard imports into Singapore soared to 188K tons in 2022, increasing by 75% compared with the year before. In general, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, folding boxboard imports skyrocketed to $184M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Folding Boxboard in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden85.157.773.255.9-13.1%
SwitzerlandN/AN/A0.639.76516.7%
China8.99.920.130.751.1%
India5.211.913.09.522.2%
Finland4.97.77.38.620.6%
Germany7.05.55.74.2-15.7%
South Korea0.81.21.94.071.0%
Taiwan (Chinese)3.53.52.93.2-2.9%
Malaysia2.62.03.31.6-14.9%
Indonesia1.32.02.81.42.5%
Brazil3.40.61.91.1-31.4%
Others4.83.513.623.770.3%
Total12810614618412.9%

Top Suppliers of Folding Boxboard to Singapore in 2022:

  1. Sweden (54.8K tons)
  2. China (16.6K tons)
  3. Finland (7.2K tons)
  4. South Korea (4.6K tons)
  5. Taiwan (Chinese) (2.8K tons)
  6. India (2.5K tons)
  7. Switzerland (2.4K tons)
  8. Germany (1.3K tons)
  9. Brazil (0.9K tons)
  10. Indonesia (0.9K tons)
  11. Malaysia (0.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the folding boxboard 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:

  • FCL 1618 - Cartonboard

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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