Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore - 2023
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore (FOB) - 2022
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore (CIF) - 2022
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore (FOB) - 2022
The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $10,973 per ton in 2022, with a decrease of -82.4% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,678% against the previous year. As a result, the export price reached the peak level of $62,518 per ton, and then plummeted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($13,973 per ton), while the average price for exports to Indonesia totaled $5,119 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,717 per ton in 2022, dropping by -20.1% against the previous year. In general, the import price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2016 an increase of 161%. As a result, import price reached the peak level of $13,409 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($59,453 per ton), while the price for China ($2,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore
In 2022, overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings increased by 4,603% to 16 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic descent.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings soared to $175K in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 147 | 0% |
| Indonesia | 0.6 | 0.1 | 0.1 | 27.7 | 258.7% |
| Nigeria | N/A | 35.3 | N/A | N/A | 0% |
| Senegal | 335 | N/A | N/A | N/A | 0% |
| Others | 6.6 | 0.2 | 21.2 | 0.7 | -52.7% |
| Total | 342 | 35.5 | 21.3 | 175 | -20.0% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Singapore in 2022:
- India (10.5 tons)
- Indonesia (5.4 tons)
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore
After two years of decline, purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings increased by 169% to 33 tons in 2022. Overall, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings surged to $123K in 2022. In general, imports, however, saw a pronounced slump.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 10.5 | 46.1 | 50.1 | 132.2% |
| United States | 52.2 | 0.3 | 3.1 | 37.4 | -10.5% |
| Malaysia | 1.8 | 0.1 | 0.3 | 2.1 | 5.3% |
| Thailand | 25.4 | 20.2 | N/A | N/A | -20.5% |
| Others | 59.6 | 3.3 | 7.7 | 33.4 | -17.6% |
| Total | 143 | 34.4 | 57.3 | 123 | -4.9% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Singapore in 2022:
- China (23.7 tons)
- United States (7.4 tons)
- Malaysia (0.7 tons)
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In value terms, synthetic staple fibers imports totaled $X in 2016. In general, synthetic staple fibers imports continue to indicate a relatively flat trend pattern. Global synthetic staple fibers ...
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In value terms, synthetic staple fibers exports stood at $X in 2016. Overall, synthetic staple fibers exports continue to indicate a relatively flat trend pattern. Over the period under review, glo...
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In value terms, carded and combed synthetic staple fibers exports amounted to $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average annu...
629
In value terms, synthetic staple fibers imports totaled $X in 2016. In general, synthetic staple fibers imports continue to indicate a relatively flat trend pattern. Global synthetic staple fibers ...
579
In value terms, carded and combed synthetic staple fibers imports stood at $X in 2016. Overall, carded and combed synthetic staple fibers imports continue to indicate a mild shrinkage. Global carde...
1264
In value terms, synthetic staple fibers exports stood at $X in 2016. Overall, synthetic staple fibers exports continue to indicate a relatively flat trend pattern. Over the period under review, glo...
1179
In value terms, carded and combed synthetic staple fibers exports amounted to $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average annu...
