Singapore - Casks, Barrels, Vats, Tubs, And Coopers Products Of Wood - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Casks, Barrels, Vats, Tubs, And Coopers Products Of Wood - Market Analysis, Forecast, Size, Trends And Insights

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Wood Barrel Price in Singapore - 2022

Contents:

  1. Wood Barrel Price in Singapore (CIF) - 2022
  2. Wood Barrel Price in Singapore (FOB) - 2022
  3. Wood Barrel Imports in Singapore
  4. Wood Barrel Exports in Singapore

Wood Barrel Price in Singapore (CIF) - 2022

In 2022, the average wood barrel import price amounted to $170 per unit, with an increase of 55% against the previous year. In general, the import price showed a pronounced expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($182 per unit) and China ($182 per unit), while the price for Germany ($154 per unit) and the United States ($158 per unit) were amongst the lowest.

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

Wood Barrel Price in Singapore (FOB) - 2022

In 2022, the average wood barrel export price amounted to $135 per unit, falling by -2.1% against the previous year. Overall, the export price recorded a slight setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 6.9%. As a result, the export price reached the peak level of $160 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($147 per unit), while the average price for exports to China ($135 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 Thailand (-0.8%), while the prices for the other major destinations experienced a decline.

Wood Barrel Imports in Singapore

In 2022, overseas purchases of casks, barrels, vats, tubs, and coopers products of wood decreased by -34.4% to 1.3K units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp slump. The pace of growth was the most pronounced in 2020 when imports increased by 34%. As a result, imports reached the peak of 3.9K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood barrel imports reached $226K in 2022. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports reached the peak of $371K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Wood Barrel in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.664.396.297.019.7%
Malaysia72.122.231.640.9-17.2%
Japan36.423.720.626.2-10.4%
Spain23.118.012.017.2-9.4%
United States10.336.81.115.614.8%
France1.416.513.313.4112.3%
Germany14.01.60.55.2-28.1%
Thailand20.0N/A3.3N/A-59.4%
South KoreaN/A43.90.3N/A-99.3%
Taiwan (Chinese)N/A1300.9N/A-99.3%
UkraineN/AN/A29.7N/A0%
Others32.513.913.510.5-31.4%
Total266371223226-5.3%

Top Suppliers of Wood Barrel to Singapore in 2022:

  1. China (533.0 units)
  2. Malaysia (255.0 units)
  3. Japan (163.0 units)
  4. Spain (107.0 units)
  5. United States (99.0 units)
  6. France (74.0 units)
  7. Germany (34.0 units)

Wood Barrel Exports in Singapore

In 2022, overseas shipments of casks, barrels, vats, tubs, and coopers products of wood were finally on the rise to reach 2K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a sharp descent. Over the period under review, the exports attained the maximum at 76K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood barrel exports skyrocketed to $273K in 2022. In general, exports, however, recorded a sharp slump. Over the period under review, the exports attained the maximum at $9.6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wood Barrel in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.52.40.20.3-68.4%
ThailandN/AN/AN/AN/A0%
Others0.10.1N/AN/A0.0%
Total9.62.50.20.3-68.5%

Top Export Markets for Wood Barrel from Singapore in 2022:

  1. China (1954.0 units)
  2. Thailand (46.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood barrel market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 16241200 - Casks, barrels, vats, tubs, and coopers products and parts thereof of wood (including staves)

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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