Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore
  4. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $9,037 per ton in 2022, jumping by 16% against the previous year. Overall, the import price, however, recorded a mild contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $12,013 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($9,044 per ton) and the United States ($9,037 per ton), while the price for China ($9,035 per ton) and Germany ($9,037 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.9%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $8,776 per ton, which is down by -17.5% against the previous year. Overall, the export price showed a mild curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $16,647 per ton. From 2019 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 Indonesia ($8,776 per ton), while the average price for exports to the United States ($8,773 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore

In 2022, supplies from abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -72% to 27 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2020 when imports increased by 5.6% against the previous year. As a result, imports attained the peak of 96 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds declined sharply to $240K in 2022. In general, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 8.6%.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany32.828.056.685.437.6%
Taiwan (Chinese)30.474.031849.517.6%
United States35.914.819.939.33.1%
Indonesia138341N/A37.3-35.3%
China37615224316.4-64.8%
Malaysia37.216.0N/A4.7-49.8%
CanadaN/AN/A85.4N/A0%
Others5.685.614.47.07.7%
Total656712737240-28.5%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Singapore in 2022:

  1. Germany (9.4 tons)
  2. Taiwan (Chinese) (5.5 tons)
  3. United States (4.3 tons)
  4. Indonesia (4.1 tons)
  5. China (1.8 tons)
  6. Malaysia (0.5 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore

In 2022, overseas shipments of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -80.2% to 9.8 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 7.2%. As a result, the exports reached the peak of 79 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds declined sharply to $86K in 2022. In general, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 12% against the previous year. As a result, the exports attained the peak of $1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia73965451965.3-55.5%
United States0.1N/AN/A12.9405.3%
DjiboutiN/AN/AN/A6.40%
India87.50.80.70.3-84.9%
CambodiaN/A338N/AN/A0%
United Arab Emirates49.8N/AN/AN/A0%
Others34.924.16.11.0-69.4%
Total9111,01652685.8-54.5%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Singapore in 2022:

  1. Indonesia (7.4 tons)
  2. United States (1.5 tons)
  3. Djibouti (0.7 tons)

Source: IndexBox Market Intelligence Platform

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