Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore - 2022
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore (FOB) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore (CIF) - 2022
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $8,512 per ton, rising by 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2014 an increase of 9.3%. As a result, the export price attained the peak level of $8,999 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($8,512 per ton), while the average price for exports to Indonesia stood at $8,512 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $8,750 per ton in 2022, growing by 17% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hong Kong SAR ($8,751 per ton) and Malaysia ($8,750 per ton), while the price for Taiwan (Chinese) ($8,750 per ton) and China ($8,750 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore
For the fourth year in a row, Singapore recorded growth in overseas shipments of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which increased by 76% to 3.6K tons in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,064%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted surged to $31M in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,085%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | 4.8 | 18.5 | 285.4% |
| Indonesia | 0.3 | 1.4 | 12.1 | 12.2 | 243.9% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 0.3 | 1.4 | 16.8 | 30.8 | 368.2% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Singapore in 2022:
- Jordan (2.2K tons)
- Indonesia (1.4K tons)
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore
For the fourth year in a row, Singapore recorded growth in overseas purchases of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which increased by 64% to 3.5K tons in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,061% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted surged to $30M in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,147% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | 4.8 | 18.6 | 287.5% |
| China | 0.4 | 1.1 | 10.0 | 10.7 | 199.1% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.9 | 1.0 | 115.4% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 0.6 | 1.3 | 15.8 | 30.4 | 270.0% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Singapore in 2022:
- Malaysia (2130.3 tons)
- China (1223.2 tons)
- Taiwan (Chinese) (110.0 tons)
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