Singapore - Hand-Made Lace In The Piece, In Strips Or In Motifs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Singapore - Hand-Made Lace In The Piece, In Strips Or In Motifs - Market Analysis, Forecast, Size, Trends And Insights

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Hand-Made Lace Price in Singapore - 2022

Contents:

  1. Hand-Made Lace Price in Singapore (FOB) - 2022
  2. Hand-Made Lace Price in Singapore (CIF) - 2022
  3. Hand-Made Lace Exports in Singapore
  4. Hand-Made Lace Imports in Singapore

Hand-Made Lace Price in Singapore (FOB) - 2022

In 2022, the average hand-made lace export price amounted to $10,407 per ton, surging by 44% against the previous year. Overall, the export price, however, saw a perceptible curtailment. Over the period under review, the average export prices reached the maximum at $15,850 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($10,408 per ton), while the average price for exports to Canada amounted to $10,408 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+33.0%), while the prices for the other major destinations experienced a decline.

Hand-Made Lace Price in Singapore (CIF) - 2022

The average hand-made lace import price stood at $23,160 per ton in 2022, falling by -6.9% against the previous year. Over the period under review, the import price saw a mild descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 55% against the previous year. As a result, import price attained the peak level of $44,136 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($23,348 per ton) and France ($23,220 per ton), while the price for Spain ($23,000 per ton) and Italy ($23,120 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Hand-Made Lace Exports in Singapore

In 2022, after three years of growth, there was significant decline in overseas shipments of hand-made lace in the piece, in strips or in motifs, when their volume decreased by -11.3% to 13 tons. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. As a result, the exports attained the peak of 14 tons, and then contracted in the following year.

In value terms, hand-made lace exports skyrocketed to $132K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Hand-Made Lace in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia28.116.387.795.850.5%
CanadaN/AN/AN/A35.60%
Malaysia9.356.40.60.1-77.9%
French Polynesia17.6N/AN/AN/A0%
Australia19.12.1N/AN/A-89.0%
Others3.10.714.40.1-68.2%
Total77.375.510313219.5%

Top Export Markets for Hand-Made Lace from Singapore in 2022:

  1. Malaysia (undefined tons)
  2. Indonesia (9.2 tons)
  3. Canada (3.4 tons)

Hand-Made Lace Imports in Singapore

In 2022, hand-made lace imports into Singapore reduced remarkably to 1.5 tons, shrinking by -59.4% against the previous year. In general, imports recorded a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 8.2%.

In value terms, hand-made lace imports dropped significantly to $36K in 2022. Over the period under review, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $94K, and then dropped sharply in the following year.

Import of Hand-Made Lace in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar5.68.8N/A11.125.6%
IndiaN/A0.9N/A7.3184.8%
China16.21.08.16.5-26.2%
Italy1.1N/A1.54.256.3%
France37.535.881.62.7-58.4%
Malaysia0.30.80.41.154.2%
SpainN/AN/AN/A0.80%
Indonesia19.12.1N/A0.3-75.0%
South Korea7.92.6N/A0.1-76.7%
Others4.417.02.81.5-30.1%
Total92.168.994.435.6-27.2%

Top Suppliers of Hand-Made Lace to Singapore in 2022:

  1. Myanmar (480.0 kg)
  2. India (314.0 kg)
  3. China (280.0 kg)
  4. Italy (183.0 kg)
  5. France (118.0 kg)
  6. Malaysia (46.0 kg)
  7. Spain (34.0 kg)
  8. Indonesia (14.0 kg)
  9. South Korea (4.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand-made lace 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 13991170 - Hand-made lace in the piece, in strips or in motifs

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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