Price for Embroidery; in the Piece, in Strips or in Motifs in Singapore - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Singapore (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Singapore (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Singapore
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Singapore

Price for Embroidery; in the Piece, in Strips or in Motifs in Singapore (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $75,915 per ton, rising by 12% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The import price peaked at $199,129 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($266,987 per ton), while the price for China ($42,021 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Embroidery; in the Piece, in Strips or in Motifs in Singapore (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $70,844 per ton in 2022, dropping by -33.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 43%. The export price peaked at $146,512 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($126,593 per ton), while the average price for exports to Oman ($30,770 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+89.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Singapore

After two years of decline, supplies from abroad of embroidery; in the piece, in strips or in motifses increased by 30% to 22 tons in 2022. In general, imports, however, faced a abrupt curtailment.

In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $1.7M in 2022. Over the period under review, imports, however, recorded a deep downturn.

Import of Embroidery; in the Piece, in Strips or in Motifs in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France49536560.7445-3.5%
China2452452293027.2%
India415225467296-10.7%
South Korea53492.4108238-23.6%
SwitzerlandN/AN/AN/A1230%
Italy83.719.378.262.1-9.5%
Turkey27.812.658.040.913.7%
Indonesia41.416.523.032.3-7.9%
Thailand59.839.61.414.5-37.6%
United Arab Emirates25.49.013.80.5-73.0%
Others319181123139-24.2%
Total2,2461,2051,1621,693-9.0%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Singapore in 2022:

  1. China (7.2 tons)
  2. France (4.9 tons)
  3. South Korea (3.3 tons)
  4. India (2.8 tons)
  5. Turkey (1.0 tons)
  6. Indonesia (0.7 tons)
  7. Switzerland (0.5 tons)
  8. Italy (0.2 tons)
  9. Thailand (0.1 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Singapore

In 2022, approx. 13 tons of embroidery; in the piece, in strips or in motifses were exported from Singapore; rising by 44% against the year before. Over the period under review, exports recorded moderate growth. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of embroidery; in the piece, in strips or in motifses fell to $929K in 2022. In general, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year.

Export of Embroidery; in the Piece, in Strips or in Motifs in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia3812492684797.9%
Cambodia12248.627227330.8%
France94.093.012880.3-5.1%
OmanN/AN/AN/A25.40%
Vietnam35021312.820.4-61.2%
Sri LankaN/AN/AN/A11.60%
Malaysia1931052310.4-87.3%
Others21161.867.339.2-42.9%
Total1,352771979929-11.8%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Singapore in 2022:

  1. Indonesia (8.4 tons)
  2. Cambodia (2.5 tons)
  3. Oman (0.8 tons)
  4. France (0.6 tons)
  5. Sri Lanka (0.3 tons)
  6. Vietnam (0.1 tons)

Source: IndexBox Market Intelligence Platform

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