Price for Sailboards for Water Sport in Singapore - 2022
Contents:
- Price for Sailboards for Water Sport in Singapore (FOB) - 2022
- Price for Sailboards for Water Sport in Singapore (CIF) - 2022
- Exports of Sailboards for Water Sport in Singapore
- Imports of Sailboards for Water Sport in Singapore
Price for Sailboards for Water Sport in Singapore (FOB) - 2022
The average sailboards for water sport export price stood at $294 per unit in 2022, declining by -52.1% against the previous year. Overall, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 66%. Over the period under review, the average export prices reached the maximum at $614 per unit in 2021, and then declined remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,033 per unit), while the average price for exports to France ($143 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 (+46.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sailboards for Water Sport in Singapore (CIF) - 2022
The average sailboards for water sport import price stood at $170 per unit in 2022, dropping by -35.1% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 67% against the previous year. As a result, import price attained the peak level of $537 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
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 Malaysia ($287 per unit), while the price for Indonesia ($133 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.7%), while the prices for the other major suppliers experienced a decline.
Exports of Sailboards for Water Sport in Singapore
After three years of growth, overseas shipments of sailboards for water sport decreased by -77% to 163 units in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 410% against the previous year. As a result, the exports reached the peak of 709 units, and then dropped rapidly in the following year.
In value terms, sailboards for water sport exports dropped remarkably to $48K in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 565%. As a result, the exports attained the peak of $436K, and then shrank rapidly in the following year.
| Export of Sailboards for Water Sport in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 17.2 | 0% |
| Malaysia | 7.0 | N/A | 9.6 | 15.4 | 30.1% |
| Indonesia | 5.0 | 64.4 | 423 | 14.4 | 42.3% |
| Others | 2.5 | 1.1 | 2.7 | 1.0 | -26.3% |
| Total | 14.4 | 65.5 | 436 | 48.0 | 49.4% |
Top Export Markets for Sailboards for Water Sport from Singapore in 2022:
- France (120.0 units)
- Indonesia (23.0 units)
- Malaysia (19.0 units)
Imports of Sailboards for Water Sport in Singapore
In 2022, imports of sailboards for water sport into Singapore skyrocketed to 1.9K units, growing by 145% on 2021 figures. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sailboards for water sport imports skyrocketed to $316K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sailboards for Water Sport in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 87.0 | 74.3 | 52.3 | 110 | 8.1% |
| France | 28.5 | 40.9 | 35.8 | 78.7 | 40.3% |
| Indonesia | N/A | N/A | N/A | 32.6 | 0% |
| Sri Lanka | 5.4 | 4.0 | 2.2 | 24.2 | 64.9% |
| Thailand | 11.0 | 6.9 | 85.8 | 24.2 | 30.1% |
| Malaysia | N/A | 1.2 | N/A | 19.2 | 300.0% |
| Germany | 3.7 | 3.7 | 0.5 | 8.0 | 29.3% |
| United Kingdom | 31.6 | 14.6 | N/A | 0.7 | -71.9% |
| Others | 12.4 | 24.5 | 21.8 | 18.9 | 15.1% |
| Total | 180 | 170 | 198 | 316 | 20.6% |
Top Suppliers of Sailboards for Water Sport to Singapore in 2022:
- China (799.0 units)
- France (479.0 units)
- Indonesia (245.0 units)
- Sri Lanka (93.0 units)
- Thailand (93.0 units)
- Malaysia (67.0 units)
- Germany (28.0 units)
- United Kingdom (1.0 units)
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