Singapore: Toilet Paper Market 2024

Toilet Paper Market Size in Singapore

In 2022, the Singaporean toilet paper market was finally on the rise to reach $X after two years of decline. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Toilet Paper Production in Singapore

In value terms, toilet paper production reduced rapidly to $X in 2022 estimated in export price. In general, production saw a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Toilet paper production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Toilet Paper Exports

Exports from Singapore

After two years of growth, overseas shipments of toilet paper decreased by X% to X tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, toilet paper exports shrank notably to $X in 2022. Overall, exports saw a pronounced setback. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons), Hong Kong SAR (X tons) and Australia (X tons) were the main destinations of toilet paper exports from Singapore, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Hong Kong SAR ($X) and Australia ($X) constituted the largest markets for toilet paper exported from Singapore worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Australia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average toilet paper export price amounted to $X per ton, waning by X% against the previous year. In general, the export price recorded a pronounced setback. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($X per ton), while the average price for exports to Thailand ($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 Brunei Darussalam (X%), while the prices for the other major destinations experienced a decline.

Toilet Paper Imports

Imports into Singapore

In 2022, toilet paper imports into Singapore expanded sharply to X tons, with an increase of X% compared with 2021. In general, imports posted a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, toilet paper imports expanded markedly to $X in 2022. Overall, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest toilet paper supplier to Singapore, accounting for a X% share of total imports. Moreover, toilet paper imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was held by Indonesia (X tons), with a X% share.

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

In value terms, Malaysia ($X) constituted the largest supplier of toilet paper to Singapore, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

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

Import Prices by Country

In 2022, the average toilet paper import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Malaysia ($X per ton), while the price for Indonesia ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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