Singapore: Paper Tablecloths Market 2024

Paper Tablecloths Market Size in Singapore

After three years of decline, the Singaporean paper tablecloths market increased by X% to $X in 2022. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Paper Tablecloths Production in Singapore

In value terms, paper tablecloths production rose modestly to $X in 2022 estimated in export price. In general, production, however, saw a mild descent. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Paper tablecloths production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Paper Tablecloths Exports

Exports from Singapore

In 2022, the amount of paper tablecloths and serviettes exported from Singapore reduced markedly to X tons, shrinking by X% compared with the year before. Overall, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper tablecloths exports dropped rapidly to $X in 2022. Over the period under review, exports recorded a mild contraction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X tons) was the main destination for paper tablecloths exports from Singapore, with a X% share of total exports. Moreover, paper tablecloths exports to the Philippines exceeded the volume sent to the second major destination, Australia (X tons), more than tenfold. The third position in this ranking was held by Papua New Guinea (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Philippines stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Papua New Guinea (X% per year).

In value terms, the Philippines ($X) remains the key foreign market for paper tablecloths and serviettes exports from Singapore, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Philippines amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and Australia (X% per year).

Export Prices by Country

The average paper tablecloths export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($X per ton), while the average price for exports to Malaysia ($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 Seychelles (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Tablecloths Imports

Imports into Singapore

In 2022, imports of paper tablecloths and serviettes into Singapore shrank modestly to X tons, waning by X% against the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, paper tablecloths imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tons), Indonesia (X tons) and Vietnam (X tons) were the main suppliers of paper tablecloths imports to Singapore, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paper tablecloths suppliers to Singapore were Malaysia ($X), Indonesia ($X) and Vietnam ($X), with a combined X% share of total imports.

Among the main suppliers, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average paper tablecloths import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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