Price for Baby Carriages and Parts Thereof in Singapore - 2022
Contents:
- Price for Baby Carriages and Parts Thereof in Singapore (CIF) - 2022
- Price for Baby Carriages and Parts Thereof in Singapore (FOB) - 2022
- Imports of Baby Carriages and Parts Thereof in Singapore
- Exports of Baby Carriages and Parts Thereof in Singapore
Price for Baby Carriages and Parts Thereof in Singapore (CIF) - 2022
In September 2022, the average import price for baby carriages and parts thereoves amounted to $124 per unit, falling by -30.4% against the previous month. Over the period under review, the import price, however, recorded a perceptible increase. The most prominent rate of growth was recorded in June 2022 an increase of 252% m-o-m. As a result, import price reached the peak level of $321 per unit. From July 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 Malaysia ($145 per unit), while the price for Taiwan (Chinese) ($59.8 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 Malaysia (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Baby Carriages and Parts Thereof in Singapore (FOB) - 2022
The average export price for baby carriages and parts thereoves stood at $132 per unit in 2022, rising by 52% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($170 per unit), while the average price for exports to French Polynesia ($1.7 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 Indonesia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Baby Carriages and Parts Thereof in Singapore
Baby carriages and parts thereof imports into Singapore fell modestly to 67K units in 2022, with a decrease of -2% against the previous year. Overall, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. Over the period under review, imports reached the peak figure at 111K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, baby carriages and parts thereof imports skyrocketed to $8M in 2022. Over the period under review, imports continue to indicate a pronounced contraction. Over the period under review, imports reached the peak figure at $8.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Baby Carriages and Parts Thereof in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 3.3 | 3.9 | 5.7 | -4.3% |
| Hong Kong SAR | 0.9 | 0.9 | 1.1 | 1.2 | 10.1% |
| Malaysia | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| South Africa | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| United States | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 0.8 | 0.5 | 0.4 | 0.4 | -20.6% |
| Total | 8.9 | 5.1 | 6.0 | 8.0 | -3.5% |
Top Suppliers of Baby Carriages and Parts Thereof to Singapore in 2022:
- China (44.1K units)
- Hong Kong SAR (10.0K units)
- South Africa (5.0K units)
- Malaysia (2.7K units)
- United States (1.2K units)
Exports of Baby Carriages and Parts Thereof in Singapore
In 2022, approx. 9.9K units of baby carriages and parts thereoves were exported from Singapore; reducing by -32.9% compared with the previous year. In general, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 85% against the previous year. The exports peaked at 22K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, baby carriages and parts thereof exports stood at $1.3M in 2022. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Baby Carriages and Parts Thereof in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,213 | 447 | 678 | 787 | -13.4% |
| Brunei Darussalam | 292 | 201 | 236 | 203 | -11.4% |
| China | 133 | N/A | 72.6 | 66.0 | -20.8% |
| Japan | 105 | 74.4 | 92.5 | 58.8 | -17.6% |
| Indonesia | 100 | 20.2 | 39.3 | 53.9 | -18.6% |
| French Polynesia | N/A | N/A | N/A | 1.4 | 0% |
| Oman | 35.6 | N/A | N/A | N/A | 0% |
| Others | 201 | 139 | 161 | 133 | -12.9% |
| Total | 2,079 | 882 | 1,279 | 1,303 | -14.4% |
Top Export Markets for Baby Carriages and Parts Thereof from Singapore in 2022:
- Malaysia (4.6K units)
- Brunei Darussalam (1.3K units)
- China (1.1K units)
- French Polynesia (0.8K units)
- Japan (0.8K units)
- Indonesia (0.3K units)
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This report provides an in-depth analysis of the baby carriage market in Singapore.
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This report provides an in-depth analysis of the global baby carriage market.
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This report provides an in-depth analysis of the baby carriage market in Singapore.
409
This report provides an in-depth analysis of the global baby carriage market.
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