Price for Tents of Synthetic Fibres in Singapore - 2022
Contents:
- Price for Tents of Synthetic Fibres in Singapore (CIF) - 2022
- Price for Tents of Synthetic Fibres in Singapore (FOB) - 2022
- Imports of Tents of Synthetic Fibres in Singapore
- Exports of Tents of Synthetic Fibres in Singapore
Price for Tents of Synthetic Fibres in Singapore (CIF) - 2022
The average tents of synthetic fibres import price stood at $14,991 per ton in 2022, rising by 38% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +10.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres import price increased by +66.6% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 48%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bangladesh ($15,756 per ton) and Japan ($15,551 per ton), while the price for the United States ($11,345 per ton) and Vietnam ($14,326 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in Singapore (FOB) - 2022
The average tents of synthetic fibres export price stood at $15,103 per ton in 2022, increasing by 42% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres export price decreased by -4.9% against 2020 indices. The export price peaked at $15,879 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($16,548 per ton), while the average price for exports to Pakistan ($2,952 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tents of Synthetic Fibres in Singapore
Tents of synthetic fibres imports into Singapore skyrocketed to 149 tons in 2022, with an increase of 55% against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 961% against the previous year. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, tents of synthetic fibres imports surged to $2.2M in 2022. Over the period under review, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,127%. As a result, imports attained the peak of $17M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Tents of Synthetic Fibres in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 615 | 15,906 | 602 | 1,260 | 27.0% |
| Vietnam | 89.5 | 113 | 129 | 597 | 88.2% |
| Japan | 6.8 | 0.5 | 0.3 | 129 | 166.7% |
| Bangladesh | 43.8 | 36.5 | 28.3 | 86.8 | 25.6% |
| Hong Kong SAR | 5.9 | 7.9 | 40.4 | 74.4 | 132.8% |
| United States | 435 | 4.3 | 12.7 | 56.0 | -49.5% |
| Canada | N/A | 566 | N/A | 1.7 | -94.5% |
| Others | 177 | 227 | 227 | 33.6 | -42.5% |
| Total | 1,374 | 16,861 | 1,041 | 2,238 | 17.7% |
Top Suppliers of Tents of Synthetic Fibres to Singapore in 2022:
- China (81.4 tons)
- Vietnam (41.7 tons)
- Japan (8.3 tons)
- Bangladesh (5.5 tons)
- Hong Kong SAR (5.1 tons)
- United States (4.9 tons)
- Canada (0.1 tons)
Exports of Tents of Synthetic Fibres in Singapore
In 2022, tents of synthetic fibres exports from Singapore surged to 300 tons, growing by 1,046% compared with the previous year. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tents of synthetic fibres exports skyrocketed to $4.5M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tents of Synthetic Fibres in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 557 | 17.4 | 61.5 | 3,942 | 92.0% |
| Japan | N/A | N/A | 74.4 | 392 | 426.9% |
| Philippines | 15.6 | N/A | 2.5 | 113 | 93.5% |
| Pakistan | N/A | N/A | N/A | 42.1 | 0% |
| Indonesia | 125 | 96.1 | 57.4 | 28.4 | -39.0% |
| Australia | 56.7 | 26.5 | 24.0 | N/A | -34.9% |
| Others | 57.0 | 7.1 | 58.0 | 14.7 | -36.3% |
| Total | 811 | 147 | 278 | 4,533 | 77.5% |
Top Export Markets for Tents of Synthetic Fibres from Singapore in 2022:
- Malaysia (238.2 tons)
- Japan (36.9 tons)
- Pakistan (14.3 tons)
- Philippines (7.0 tons)
- Indonesia (3.2 tons)
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