Singapore - Iron Or Steel Crown Corks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Crown Cork Price in Singapore - 2022
Contents:
- Metal Crown Cork Price in Singapore (CIF) - 2022
- Metal Crown Cork Price in Singapore (FOB) - 2022
- Metal Crown Cork Imports in Singapore
- Metal Crown Cork Exports in Singapore
Metal Crown Cork Price in Singapore (CIF) - 2022
The average metal crown cork import price stood at $18 per thousand units in 2022, picking up by 14% against the previous year. In general, the import price recorded a strong increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 88%. As a result, import price reached the peak level of $20 per thousand units. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18 per thousand units), while the price for Indonesia ($9.4 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Crown Cork Price in Singapore (FOB) - 2022
The average metal crown cork export price stood at $14 per thousand units in 2022, shrinking by -11.8% against the previous year. In general, the export price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2013 when the average export price increased by 332%. As a result, the export price reached the peak level of $28 per thousand units. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($15 per thousand units), while the average price for exports to Malaysia totaled $8 per thousand units.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.4%), while the prices for the other major destinations experienced a decline.
Metal Crown Cork Imports in Singapore
In 2022, imports of iron or steel crown corks into Singapore soared to 57M units, rising by 146% against 2021. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal crown cork imports surged to $998K in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Metal Crown Cork in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 291 | 117 | 172 | 555 | 24.0% |
| United States | 2.4 | 0.9 | 130 | 380 | 441.0% |
| Indonesia | 3.3 | 4.8 | 11.1 | 32.4 | 114.1% |
| Italy | N/A | N/A | 22.2 | N/A | 0% |
| Others | 28.5 | 11.2 | 22.0 | 31.2 | 3.1% |
| Total | 326 | 134 | 357 | 998 | 45.2% |
Top Suppliers of Metal Crown Cork to Singapore in 2022:
- Malaysia (30.6M units)
- United States (21.1M units)
- Indonesia (3.4M units)
Metal Crown Cork Exports in Singapore
After two years of decline, overseas shipments of iron or steel crown corks increased by 49% to 4.8M units in 2022. Over the period under review, exports, however, showed a sharp shrinkage. The exports peaked at 11M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, metal crown cork exports skyrocketed to $65K in 2022. Overall, exports, however, showed a abrupt decline. Over the period under review, the exports attained the peak figure at $85K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Metal Crown Cork in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 73.2 | 78.3 | 42.8 | 58.2 | -7.4% |
| Malaysia | 1.8 | 0.1 | 6.8 | 7.0 | 57.3% |
| Cambodia | 0.7 | N/A | N/A | N/A | 0% |
| Indonesia | 6.4 | 1.5 | N/A | N/A | -76.6% |
| Others | 2.5 | 0.8 | N/A | N/A | -68.0% |
| Total | 84.7 | 80.6 | 49.6 | 65.1 | -8.4% |
Top Export Markets for Metal Crown Cork from Singapore in 2022:
- United States (3.9M units)
- Malaysia (0.9M units)
This report provides an in-depth analysis of the metal crown cork 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 25921330 - Iron or steel crown corks
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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