Rafts; Inflatable Price in Singapore - 2022

Contents:

  1. Rafts; Inflatable Price in Singapore (CIF) - 2022
  2. Rafts; Inflatable Price in Singapore (FOB) - 2022
  3. Rafts; Inflatable Imports in Singapore
  4. Rafts; Inflatable Exports in Singapore

Rafts; Inflatable Price in Singapore (CIF) - 2022

The average rafts; inflatable import price stood at $1,003 per unit in 2022, increasing by 12% against the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of 22%. The import price peaked at $1,732 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,612 per unit), while the price for Malaysia ($111 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.4%), while the prices for the other major suppliers experienced a decline.

Rafts; Inflatable Price in Singapore (FOB) - 2022

In 2022, the average rafts; inflatable export price amounted to $420 per unit, falling by -37.3% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 29% against the previous year. The export price peaked at $1,309 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,591 per unit), while the average price for exports to Taiwan (Chinese) ($103 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 Malaysia (+1.6%), while the prices for the other major destinations experienced a decline.

Rafts; Inflatable Imports in Singapore

Rafts; inflatable imports into Singapore declined slightly to 12K units in 2022, stabilizing at the year before. Overall, imports saw a deep contraction. Imports peaked at 20K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, rafts; inflatable imports rose markedly to $12M in 2022. In general, imports showed a noticeable contraction. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Rafts; Inflatable in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.33.55.75.58.6%
United Kingdom0.40.90.62.173.8%
China2.71.91.91.9-11.1%
Thailand1.81.00.81.0-17.8%
Malaysia0.40.60.20.3-9.1%
Japan0.20.10.10.20.0%
New ZealandN/AN/AN/AN/A0%
Taiwan (Chinese)0.4N/AN/AN/A0%
Others3.33.01.41.1-30.7%
Total13.511.010.912.1-3.6%

Top Suppliers of Rafts; Inflatable to Singapore in 2022:

  1. Taiwan (Chinese) (undefinedK units)
  2. China (3.8K units)
  3. Malaysia (3.1K units)
  4. United States (2.1K units)
  5. United Kingdom (1.4K units)
  6. Japan (0.6K units)
  7. Thailand (0.5K units)
  8. New Zealand (0.2K units)

Rafts; Inflatable Exports in Singapore

In 2022, shipments abroad of rafts; inflatables increased by 24% to 11K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rafts; inflatable exports plummeted to $4.5M in 2022. Overall, exports, however, faced a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 8.1% against the previous year. The exports peaked at $7.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Rafts; Inflatable in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1,092756592901-6.2%
Malaysia1,260970961865-11.8%
Brunei Darussalam4325073025498.3%
China77.036312447283.0%
United Kingdom48036.571.4334-11.4%
Taiwan (Chinese)45.726.59.269.014.7%
Others4,3812,6993,7321,324-32.9%
Total7,7685,3585,7914,515-16.5%

Top Export Markets for Rafts; Inflatable from Singapore in 2022:

  1. Indonesia (6.0K units)
  2. Malaysia (1.9K units)
  3. Taiwan (Chinese) (0.7K units)
  4. Brunei Darussalam (0.4K units)
  5. United Kingdom (0.4K units)
  6. China (0.3K units)

Source: IndexBox Market Intelligence Platform

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