Singapore - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Yarn Price in Singapore - 2022
Contents:
- Woolen Yarn Price in Singapore (FOB) - 2022
- Woolen Yarn Price in Singapore (CIF) - 2022
- Woolen Yarn Exports in Singapore
- Woolen Yarn Imports in Singapore
Woolen Yarn Price in Singapore (FOB) - 2022
The average woolen yarn export price stood at $16,201 per ton in 2022, with a decrease of -3.9% against the previous year. Over the period under review, the export price recorded a noticeable setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 32%. The export price peaked at $20,556 per ton in 2020; however, from 2021 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 Hong Kong SAR ($27,370 per ton), while the average price for exports to India ($10,396 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 India (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Woolen Yarn Price in Singapore (CIF) - 2022
The average woolen yarn import price stood at $71,478 per ton in 2022, shrinking by -8.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 100%. Over the period under review, average import prices reached the maximum at $92,547 per ton in 2013; however, from 2014 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 China ($103,878 per ton), while the price for India ($13,785 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Yarn Exports in Singapore
Woolen yarn exports from Singapore surged to 35 tons in 2022, rising by 52% compared with the year before. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.6% against 2020 indices.
In value terms, woolen yarn exports skyrocketed to $564K in 2022. Over the period under review, exports showed a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 82%. As a result, the exports reached the peak of $742K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Woolen Yarn in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 108 | 394 | 57.4 | 299 | 40.4% |
| Indonesia | 45.4 | 62.2 | 76.2 | 125 | 40.2% |
| Hong Kong SAR | 14.7 | 15.9 | 41.8 | 77.0 | 73.7% |
| India | 71.5 | 69.1 | 48.0 | 14.3 | -41.5% |
| New Zealand | 46.2 | 47.2 | 34.6 | 10.9 | -38.2% |
| Bangladesh | 7.7 | 13.3 | 4.1 | 9.0 | 5.3% |
| Malaysia | 29.5 | 14.7 | 12.9 | 8.7 | -33.4% |
| Thailand | N/A | 46.1 | 50.5 | N/A | 9.5% |
| Others | 84.6 | 79.7 | 59.6 | 20.3 | -37.9% |
| Total | 407 | 742 | 385 | 564 | 11.5% |
Top Export Markets for Woolen Yarn from Singapore in 2022:
- Pakistan (21.4 tons)
- Indonesia (7.1 tons)
- Hong Kong SAR (2.8 tons)
- India (1.4 tons)
- New Zealand (0.8 tons)
- Bangladesh (0.6 tons)
- Malaysia (0.5 tons)
Woolen Yarn Imports in Singapore
After two years of decline, overseas purchases of yarn of wool increased by 25% to 98 tons in 2022. Overall, imports, however, showed a drastic downturn.
In value terms, woolen yarn imports expanded notably to $7M in 2022. In general, imports, however, recorded a deep setback.
| Import of Woolen Yarn in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 6.6 | 5.5 | 6.1 | -7.5% |
| Malaysia | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Hong Kong SAR | 0.3 | 0.3 | 0.1 | 0.2 | -12.6% |
| Italy | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| India | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 8.5 | 7.7 | 6.1 | 7.0 | -6.3% |
Top Suppliers of Woolen Yarn to Singapore in 2022:
- China (58.5 tons)
- Hong Kong SAR (11.0 tons)
- India (10.4 tons)
- Malaysia (8.1 tons)
- Italy (5.5 tons)
This report provides an in-depth analysis of the woolen yarn 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 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
- Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
- Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the woolen yarn market in Singapore.
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This report provides an in-depth analysis of the global woolen yarn market.
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This report provides an in-depth analysis of the woolen yarn market in Singapore.
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This report provides an in-depth analysis of the global woolen yarn market.
751
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