Price for Woven Fabrics of Artificial Staple Fibres in Singapore - 2022
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Singapore (CIF) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in Singapore (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Singapore
- Exports of Woven Fabrics of Artificial Staple Fibres in Singapore
Price for Woven Fabrics of Artificial Staple Fibres in Singapore (CIF) - 2022
In September 2022, the average import price for woven fabrics of artificial staple fibres amounted to $2.6 per square meter, increasing by 22% against the previous month. In general, import price indicated a slight expansion from January 2022 to September 2022: its price increased at an average monthly rate of +1.7% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for woven fabrics of artificial staple fibres decreased by -30.0% against March 2022 indices. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 68% against the previous month. As a result, import price attained the peak level of $3.7 per square meter. From April 2022 to September 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($3.2 per square meter), while the price for Turkey ($1.7 per square meter) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Artificial Staple Fibres in Singapore (FOB) - 2022
In September 2022, the average export price for woven fabrics of artificial staple fibres amounted to $3.1 per square meter, surging by 19% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 20% against the previous month. As a result, the export price reached the peak level of $3.7 per square meter. From April 2022 to September 2022, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In September 2022, the country with the highest price was Malaysia ($3.5 per square meter), while the average price for exports to Indonesia ($3.0 per square meter) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Woven Fabrics of Artificial Staple Fibres in Singapore
In 2022, imports of woven fabrics of artificial staple fibres into Singapore fell modestly to 104K square meters, waning by -4.2% on 2021. In general, imports faced a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 9.1% against the previous year. Over the period under review, imports of attained the peak figure at 157K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of woven fabrics of artificial staple fibres skyrocketed to $4.8M in 2022. Overall, imports, however, continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Artificial Staple Fibres in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 491 | 399 | 606 | 1,377 | 41.0% |
| India | 472 | 327 | 497 | 1,129 | 33.7% |
| China | 488 | 221 | 99.3 | 589 | 6.5% |
| United States | 198 | 13.2 | 221 | 502 | 36.4% |
| Italy | 84.5 | 76.3 | 109 | 247 | 43.0% |
| Turkey | 145 | 74.8 | 58.5 | 204 | 12.1% |
| Indonesia | 60.7 | 10.4 | 57.3 | 130 | 28.9% |
| Germany | 30.9 | 29.6 | 49.8 | 113 | 54.1% |
| France | 25.0 | 29.6 | 43.3 | 98.3 | 57.8% |
| Thailand | 24.4 | 29.6 | 42.2 | 95.9 | 57.8% |
| Others | 233 | 134 | 101 | 276 | 5.8% |
| Total | 2,252 | 1,344 | 1,884 | 4,760 | 28.3% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Singapore in 2022:
- Taiwan (Chinese) (79.9K square meters)
- India (64.5K square meters)
- China (38.7K square meters)
- United States (20.7K square meters)
- Italy (12.7K square meters)
- Turkey (11.9K square meters)
- Indonesia (11.0K square meters)
- Thailand (7.0K square meters)
- Germany (6.7K square meters)
- France (5.7K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Singapore
In 2022, the amount of woven fabrics of artificial staple fibres exported from Singapore shrank sharply to 35K square meters, waning by -36.2% against 2021 figures. In general, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 263%. As a result, the exports attained the peak of 55K square meters, and then plummeted in the following year.
In value terms, exports of woven fabrics of artificial staple fibres surged to $907K in 2022. Over the period under review, exports, however, posted a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Woven Fabrics of Artificial Staple Fibres in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 54.8 | 22.2 | 263 | 379 | 90.5% |
| Malaysia | 325 | 191 | 166 | 303 | -2.3% |
| Vietnam | 68.1 | 6.8 | 33.0 | 48.9 | -10.5% |
| Fiji | 18.8 | 30.5 | 29.2 | 42.0 | 30.7% |
| New Zealand | 20.6 | 43.1 | 20.8 | 36.8 | 21.3% |
| Thailand | 19.9 | 53.1 | 8.5 | 34.8 | 20.5% |
| India | 24.4 | 6.2 | 10.3 | 18.4 | -9.0% |
| Oman | 49.7 | N/A | N/A | N/A | 0% |
| Others | 42.1 | 17.9 | 40.9 | 44.9 | 2.2% |
| Total | 623 | 371 | 572 | 907 | 13.3% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Singapore in 2022:
- Indonesia (22.8K square meters)
- Malaysia (21.5K square meters)
- Vietnam (2.7K square meters)
- Thailand (2.6K square meters)
- Fiji (1.8K square meters)
- India (0.8K square meters)
- New Zealand (0.8K square meters)
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