Singapore - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Singapore - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights

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Men Knitwear Price in Singapore - 2022

Contents:

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

Men Knitwear Price in Singapore (CIF) - 2022

The average men knitwear import price stood at $14.4 per unit in September 2022, rising by 50% against the previous month. Over the period under review, the import price showed a slight expansion. The pace of growth was the most pronounced in April 2022 when the average import price increased by 217% against the previous month. Over the period under review, average import prices attained the maximum at $18.6 per unit in February 2022; however, from March 2022 to September 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Jordan ($32.0 per unit), while the price for Bangladesh ($4.9 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Men Knitwear Price in Singapore (FOB) - 2022

In 2022, the average men knitwear export price amounted to $11 per unit, surging by 9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. As a result, the export price reached the peak level of $12 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($58 per unit), while the average price for exports to Malaysia ($3.7 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 Japan (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Men Knitwear Imports in Singapore

In 2022, men knitwear imports into Singapore shrank notably to 7.3M units, with a decrease of -19.2% compared with 2021 figures. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 17%. Imports peaked at 11M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, men knitwear imports amounted to $74M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Imports peaked at $75M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Men Knitwear in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.59.910.914.4-4.4%
Indonesia8.26.69.411.211.0%
Bangladesh2.93.14.98.040.2%
Malaysia18.310.117.86.1-30.7%
Vietnam4.84.75.35.44.0%
Jordan3.62.33.43.5-0.9%
Pakistan2.12.03.72.33.1%
Cambodia4.40.80.91.5-30.1%
Others13.911.916.722.116.7%
Total74.851.572.774.3-0.2%

Top Suppliers of Men Knitwear to Singapore in 2022:

  1. China (2049.6K units)
  2. Bangladesh (1365.1K units)
  3. Indonesia (1328.8K units)
  4. Malaysia (858.7K units)
  5. Vietnam (448.8K units)
  6. Jordan (246.9K units)
  7. Pakistan (208.4K units)
  8. Cambodia (128.5K units)

Men Knitwear Exports in Singapore

In 2022, the amount of men's or boys' clothing (knitted or crocheted) exported from Singapore dropped to 4M units, waning by -10.2% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports hit record highs at 5.5M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, men knitwear exports declined to $42M in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 9.8% against the previous year. The exports peaked at $53M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Men Knitwear in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.011.511.79.1-15.3%
Japan6.84.14.53.7-18.4%
United Arab EmiratesN/AN/A0.23.41600.0%
Indonesia2.91.92.43.23.3%
Malaysia3.12.02.22.9-2.2%
Vietnam1.51.72.02.213.6%
Mexico1.51.52.22.010.1%
India0.30.40.91.881.7%
Hong Kong SAR1.21.11.71.814.5%
Philippines1.20.81.11.610.1%
New Zealand0.10.20.70.9108.0%
China0.91.00.50.5-17.8%
United Kingdom2.30.81.30.3-49.3%
Others15.912.111.68.8-17.9%
Total52.839.243.142.3-7.1%

Top Export Markets for Men Knitwear from Singapore in 2022:

  1. United States (1215.6K units)
  2. Malaysia (786.0K units)
  3. Indonesia (324.9K units)
  4. United Arab Emirates (280.3K units)
  5. Mexico (185.6K units)
  6. India (135.7K units)
  7. Hong Kong SAR (104.7K units)
  8. New Zealand (80.3K units)
  9. Vietnam (78.6K units)
  10. Philippines (75.3K units)
  11. China (71.6K units)
  12. Japan (64.7K units)
  13. United Kingdom (49.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the men knitwear 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 14131110 - Men
  • Prodcom 14131120 - Men
  • Prodcom 14131230 - Men
  • Prodcom 14131260 - Men
  • Prodcom 14131270 - Men

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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