Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore - 2023

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore (CIF) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore (CIF) - 2022

The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $16 per square meter in 2022, surging by 4.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 30% against the previous year. The import price peaked at $17 per square meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($18 per square meter), while the price for Norway ($10 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore (FOB) - 2022

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $15 per square meter in 2022, picking up by 5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 26% against the previous year. The export price peaked at $18 per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($17 per square meter) and Vietnam ($16 per square meter), while the average price for exports to Indonesia ($13 per square meter) and China ($15 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore

In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair imported into Singapore shrank dramatically to 33K square meters, falling by -50% on the previous year. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, imports attained the peak of 66K square meters, and then dropped significantly in the following year.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair declined notably to $533K in 2022. In general, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 97%. As a result, imports reached the peak of $1M, and then fell significantly in the following year.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom256181157178-11.4%
Italy285259345133-22.4%
China9.46.625.5109126.3%
India8.40.32.435.862.1%
Hong Kong SAR36.125.40.819.7-18.3%
Denmark75.419.110.116.9-39.3%
Norway8.911.124.210.86.7%
Taiwan (Chinese)3.2N/A3843.1-1.1%
Others84.816.470.925.5-33.0%
Total7675181,019533-11.4%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Singapore in 2022:

  1. United Kingdom (10.9K square meters)
  2. Italy (7.3K square meters)
  3. China (6.8K square meters)
  4. India (2.2K square meters)
  5. Denmark (1.5K square meters)
  6. Hong Kong SAR (1.3K square meters)
  7. Norway (1.0K square meters)
  8. Taiwan (Chinese) (0.2K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore

In 2022, shipments abroad of woven fabrics of carded wool or of carded fine animal hair decreased by -76% to 15K square meters for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 212%. As a result, the exports reached the peak of 61K square meters, and then dropped notably in the following year.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair reduced sharply to $227K in 2022. Overall, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 191%. As a result, the exports attained the peak of $898K, and then dropped notably in the following year.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand19223.817.874.6-27.0%
Malaysia5.87.27.356.6113.7%
Indonesia33.568.342543.08.7%
China38.137.88.825.1-13.0%
India29.93.518.216.4-18.1%
MyanmarN/A167N/A9.5-76.1%
Vietnam3.3N/A1570.6-43.3%
South KoreaN/AN/A150N/A0%
BangladeshN/AN/A76.2N/A0%
Others3.50.838.21.0-34.1%
Total306308898227-9.5%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Singapore in 2022:

  1. Thailand (4.8K square meters)
  2. Indonesia (3.3K square meters)
  3. Malaysia (3.3K square meters)
  4. China (1.7K square meters)
  5. India (1.0K square meters)
  6. Myanmar (0.6K square meters)

Source: IndexBox Market Intelligence Platform

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