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Singapore - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Overview of the Market for Jute And Jute-Like Fibers 2021

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Market Size for Jute And Jute-Like Fibers in Singapore

The Singaporean jute and jute-like fibers market amounted to $X in 2019, increasing by X% against the previous year. Overall, consumption continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2009 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.

Production of Jute And Jute-Like Fibers in Singapore

In value terms, jute and jute-like fibers production totaled $X in 2019 estimated in export prices. In general, the total production indicated a slight expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% y-o-y. Jute and jute-like fibers production peaked at $X in 2011; however, from 2012 to 2019, production remained at a lower figure.

In 2019, the average yield of jute and jute-like fibers in Singapore was estimated at X kg per ha, approximately reflecting the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The jute and jute-like fibers harvested area in Singapore amounted to X ha in 2019, almost unchanged from the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern.

Exports of Jute And Jute-Like Fibers

Exports from Singapore

For the third year in a row, Singapore recorded growth in overseas shipments of jute and jute-like fibers, which increased by X% to X tonnes in 2019. Overall, exports posted a mild expansion. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, jute and jute-like fibers exports rose sharply to $X in 2019. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X tonnes) was the main destination for jute and jute-like fibers exports from Singapore, with a X% share of total exports. Moreover, jute and jute-like fibers exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Indonesia totaled +X%.

In value terms, the largest markets for jute and jute-like fibers exported from Singapore were Indonesia ($X) and Malaysia ($X), with a combined X% share of total exports.

Malaysia saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2019, the average jute and jute-like fibers export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Indonesia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia.

Imports of Jute And Jute-Like Fibers

Imports into Singapore

For the third consecutive year, Singapore recorded growth in overseas purchases of jute and jute-like fibers, which increased by X% to X tonnes in 2019. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, jute and jute-like fibers imports rose sharply to $X in 2019. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Bangladesh (X tonnes), the U.S. (X tonnes) and China (X tonnes) were the main suppliers of jute and jute-like fibers imports to Singapore, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S., while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jute and jute-like fibers suppliers to Singapore were the U.S. ($X), China ($X) and Bangladesh ($X), together accounting for X% of total imports.

The U.S. saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2019, the average jute and jute-like fibers import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Malaysia ($X per tonne), while the price for Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for jute and jute-like fibers in the world?
+
The countries with the highest volumes of jute and jute-like fibers consumption in 2019 were India (2.1M tonnes), Bangladesh (1.4M tonnes) and Pakistan (94K tonnes), together accounting for 91% of global consumption.
What are the largest producers of jute and jute-like fibers in the world?
+
The countries with the highest volumes of jute and jute-like fibers production in 2019 were India (2.1M tonnes) and Bangladesh (1.6M tonnes), together accounting for 93% of global production.
What are the leading suppliers of jute and jute-like fibers to Singapore?
+
In value terms, the U.S. ($3K), China ($2.6K) and Bangladesh ($2.2K) constituted the largest jute and jute-like fibers suppliers to Singapore, together accounting for 78% of total imports.
What are the leading importers of jute and jute-like fibers from Singapore?
+
In value terms, Indonesia ($33K) and Malaysia ($31K) constituted the largest markets for jute and jute-like fibers exported from Singapore worldwide, together accounting for 93% of total exports.
What is the average export price for jute and jute-like fibers in Singapore?
+
In 2019, the average jute and jute-like fibers export price amounted to $728 per tonne, growing by 7.5% against the previous year.
What is the average import price for jute and jute-like fibers in Singapore?
+
In 2019, the average jute and jute-like fibers import price amounted to $1,335 per tonne, picking up by 5% against the previous year.

Product coverage:
• FCL 780 - Jute
• FCL 782 - Jute-like fibres

This report provides an in-depth analysis of the market for jute and jute-like fibers 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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