Singapore: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Singapore

The Singaporean market for articles of asbestos-cement, of cellulose fibre-cement surged to $X in 2022, growing by X% against the previous year. In general, consumption, however, continues to indicate a sharp curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Singapore

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement totaled $X in 2022 estimated in export price. Over the period under review, production saw a slight setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports from Singapore

Exports of articles of asbestos-cement, of cellulose fibre-cement from Singapore contracted rapidly to X tons in 2022, declining by X% compared with the previous year. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement shrank notably to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted markedly in the following year.

Exports by Country

The UK (X tons) was the main destination for exports of articles of asbestos-cement, of cellulose fibre-cement from Singapore, with a X% share of total exports. Moreover, exports of articles of asbestos-cement, of cellulose fibre-cement to the UK exceeded the volume sent to the second major destination, Malaysia (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Australia (X% per year).

In value terms, Australia ($X) emerged as the key foreign market for articles of asbestos-cement, of cellulose fibre-cement exports from Singapore, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the average export price for articles of asbestos-cement, of cellulose fibre-cement amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, faced a precipitous slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to the UK ($X 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 Australia (X%), while the prices for the other major destinations experienced a decline.

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports into Singapore

Imports of articles of asbestos-cement, of cellulose fibre-cement into Singapore dropped sharply to X tons in 2022, shrinking by X% on the previous year. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X,980% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement shrank significantly to $X in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X,338% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2021, and then declined notably in the following year.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to Singapore, accounting for a X% share of total imports. Moreover, imports of articles of asbestos-cement, of cellulose fibre-cement from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to Singapore, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average import price for articles of asbestos-cement, of cellulose fibre-cement amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :