Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore - 2023

Contents:

1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore (FOB) - 2022
2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore (CIF) - 2022
3. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore
4. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore (FOB) - 2022

The average export price for handbags with outer surface of plastic sheeting or of textile materialses stood at $35 per unit in 2022, increasing by 8.5% against the previous year. Overall, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 464% against the previous year. The export price peaked at $445 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Indonesia ($186 per unit), while the average price for exports to China ($31 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 (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore (CIF) - 2022

In 2022, the average import price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $23 per unit, increasing by 59% against the previous year. In general, the import price posted strong growth. The growth pace was the most rapid in 2017 an increase of 263% against the previous year. Over the period under review, average import prices reached the peak figure at $72 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 France ($282 per unit), while the price for India ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore

In 2022, the amount of handbags with outer surface of plastic sheeting or of textile materialses exported from Singapore contracted rapidly to 14M units, shrinking by -24.7% on the previous year's figure. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,013% against the previous year. As a result, the exports attained the peak of 18M units, and then shrank dramatically in the following year.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses shrank significantly to $478M in 2022. Over the period under review, exports showed a abrupt decline. The smallest decline of -8% was in 2020. The exports peaked at $791M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Singapore in 2022:

1. Japan (4.3M units)
2. Indonesia (0.2M units)
3. China (0.1M units)
4. New Zealand (0.1M units)

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Singapore

In 2022, approx. 19M units of handbags with outer surface of plastic sheeting or of textile materialses were imported into Singapore; falling by -16.2% compared with 2021. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 335% against the previous year. As a result, imports attained the peak of 23M units, and then dropped significantly in the following year.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses skyrocketed to $450M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Singapore in 2022:

1. China (11.9M units)
2. Myanmar (2.1M units)
3. India (1.6M units)
4. France (0.9M units)
5. Italy (0.6M units)
6. Vietnam (0.4M units)
7. Indonesia (0.3M units)

Source: IndexBox Market Intelligence Platform