Price for Handkerchiefs (Not Knitted or Crocheted) in Singapore - 2022

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Singapore (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Singapore (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Singapore
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Singapore

Price for Handkerchiefs (Not Knitted or Crocheted) in Singapore (CIF) - 2022

The average import price for handkerchiefs (not knitted or crocheted)s stood at $3.8 per unit in September 2022, picking up by 140% against the previous month. Overall, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 188% m-o-m. As a result, import price attained the peak level of $4.3 per unit. From July 2022 to September 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was France ($3.0 per unit), while the price for Thailand ($776 per thousand units) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Handkerchiefs (Not Knitted or Crocheted) in Singapore (FOB) - 2022

In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $2.2 per unit, increasing by 13% against the previous year. In general, the export price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2015 an increase of 16% against the previous year. The export price peaked at $3.4 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($4.1 per unit), while the average price for exports to Germany ($0.2 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 the UK (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Singapore

For the third consecutive year, Singapore recorded decline in purchases abroad of handkerchiefs (not knitted or crocheted)s, which decreased by -3.7% to 710K units in 2022. Over the period under review, imports recorded a dramatic slump. Imports peaked at 1.5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, handkerchiefs (not knitted or crocheted) imports rose modestly to $1.2M in 2022. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 10%. Over the period under review, imports attained the maximum at $1.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Handkerchiefs (Not Knitted or Crocheted) in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia601373288400-12.7%
France66.998.112123752.4%
China1591011121957.0%
Australia2.85.00.120.192.9%
Philippines15.10.214.614.3-1.8%
Japan10.05.46.211.75.4%
Italy2991782547.4-70.9%
Others488317391346-10.8%
Total1,6421,0781,1861,232-9.1%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Singapore in 2022:

  1. Malaysia (351.0K units)
  2. China (174.7K units)
  3. France (69.5K units)
  4. Philippines (44.3K units)
  5. Japan (18.6K units)
  6. Australia (13.1K units)
  7. Italy (0.4K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Singapore

Handkerchiefs (not knitted or crocheted) exports from Singapore dropped notably to 125K units in 2022, waning by -20% against the previous year. Over the period under review, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 203%. The exports peaked at 300K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) exports fell to $272K in 2022. In general, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 152%. Over the period under review, the exports reached the peak figure at $675K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Handkerchiefs (Not Knitted or Crocheted) in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain18662.6128126-12.2%
Japan2153.240.842.9-41.6%
Australia51.65.224.720.7-26.2%
Malaysia38.99.47.812.2-32.1%
Indonesia33.74.613.711.5-30.1%
Thailand10.31.613.511.43.4%
South Korea68.015.020.210.0-47.2%
United Kingdom12.23.32.64.0-31.0%
Germany5.71.42.01.4-37.4%
Others53.213.547.232.5-15.1%
Total675120301272-26.1%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Singapore in 2022:

  1. Japan (32.4K units)
  2. Spain (30.5K units)
  3. Indonesia (8.6K units)
  4. Malaysia (8.4K units)
  5. Australia (7.7K units)
  6. South Korea (6.6K units)
  7. Germany (5.6K units)
  8. Thailand (3.7K units)
  9. United Kingdom (3.2K units)

Source: IndexBox Market Intelligence Platform

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