Price for Braids; in the Piece in Singapore - 2022
Contents:
- Price for Braids; in the Piece in Singapore (CIF) - 2022
- Price for Braids; in the Piece in Singapore (FOB) - 2022
- Imports of Braids; in the Piece in Singapore
- Exports of Braids; in the Piece in Singapore
Price for Braids; in the Piece in Singapore (CIF) - 2022
The average braids; in the piece import price stood at $23,373 per ton in 2022, shrinking by -3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 19%. The import price peaked at $24,285 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($30,677 per ton), while the price for Pakistan ($2,489 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Braids; in the Piece in Singapore (FOB) - 2022
In September 2022, the average braids; in the piece export price amounted to $35,693 per ton, with a decrease of -43.5% against the previous month. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in August 2022 an increase of 82% against the previous month. As a result, the export price reached the peak level of $63,175 per ton, and then fell remarkably in the following month.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Taiwan (Chinese) ($108K per ton), while the average price for exports to Malaysia ($15,316 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 Taiwan (Chinese) (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Braids; in the Piece in Singapore
In 2022, the amount of braids; in the pieces imported into Singapore surged to 137 tons, growing by 56% on the previous year's figure. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,330% against the previous year. Over the period under review, braids; in piece imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, braids; in the piece imports skyrocketed to $3.2M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,606%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Braids; in the Piece in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 173 | 11.5 | 1,824 | 2,743 | 151.2% |
| China | 30.5 | 5.9 | 51.6 | 92.8 | 44.9% |
| Malaysia | 38.9 | 16.6 | 19.7 | 50.7 | 9.2% |
| Thailand | 31.0 | 17.8 | 24.7 | 49.4 | 16.8% |
| Pakistan | 13.0 | 10.6 | 11.8 | 19.2 | 13.9% |
| Others | 70.4 | 62.1 | 192 | 258 | 54.2% |
| Total | 357 | 124 | 2,124 | 3,213 | 108.0% |
Top Suppliers of Braids; in the Piece to Singapore in 2022:
- United States (115.2 tons)
- Pakistan (7.7 tons)
- China (3.0 tons)
- Thailand (1.9 tons)
- Malaysia (1.8 tons)
Exports of Braids; in the Piece in Singapore
For the fourth consecutive year, Singapore recorded growth in overseas shipments of braids; in the pieces, which increased by 79% to 17 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 121%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, braids; in the piece exports surged to $455K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Braids; in the Piece in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 8.2 | 29.7 | 53.4 | 141 | 158.1% |
| Malaysia | 1.6 | 5.6 | 27.9 | 73.3 | 257.8% |
| Cambodia | 10.7 | 17.8 | 21.5 | 67.7 | 85.0% |
| South Africa | 15.1 | 19.0 | 17.4 | 41.2 | 39.7% |
| Canada | 4.9 | 8.1 | 9.8 | 30.8 | 84.6% |
| French Polynesia | 1.2 | 3.3 | 6.7 | 17.5 | 144.3% |
| Indonesia | 6.4 | 4.2 | 5.0 | 15.8 | 35.2% |
| Germany | 1.4 | 1.8 | 1.8 | 4.7 | 49.7% |
| Others | 17.9 | 23.1 | 21.5 | 63.7 | 52.7% |
| Total | 67.2 | 113 | 165 | 455 | 89.2% |
Top Export Markets for Braids; in the Piece from Singapore in 2022:
- Thailand (4.4 tons)
- Canada (2.6 tons)
- Cambodia (2.6 tons)
- Malaysia (2.3 tons)
- South Africa (1.9 tons)
- Indonesia (0.9 tons)
- French Polynesia (0.5 tons)
- Germany (0.3 tons)
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