Singapore: Uncoated Kraft Liner Market 2024

Uncoated Kraft Liner Market Size in Singapore

After three years of growth, the Singaporean uncoated kraft liner market decreased by X% to $X in 2023. Over the period under review, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2022, and then declined sharply in the following year.

Uncoated Kraft Liner Exports

Exports from Singapore

For the fourth consecutive year, Singapore recorded growth in overseas shipments of uncoated kraft liner, which increased by X% to X tons in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, uncoated kraft liner exports rose slightly to $X in 2023. Overall, exports recorded a tangible expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2023 and are likely to continue growth in years to come.

Exports by Country

Indonesia (X tons) was the main destination for uncoated kraft liner exports from Singapore, accounting for a X% share of total exports. Moreover, uncoated kraft liner exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tons), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Indonesia totaled X%.

In value terms, Indonesia ($X) remains the key foreign market for uncoated kraft liner exports from Singapore, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with an X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Indonesia amounted to X%.

Export Prices by Country

The average uncoated kraft liner export price stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, uncoated kraft liner export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Indonesia amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Uncoated Kraft Liner Imports

Imports into Singapore

In 2023, after three years of growth, there was significant decline in supplies from abroad of uncoated kraft liner, when their volume decreased by X% to X tons. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2022, and then dropped significantly in the following year.

In value terms, uncoated kraft liner imports dropped rapidly to $X in 2023. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2022, and then dropped rapidly in the following year.

Imports by Country

In 2023, Malaysia (X tons) constituted the largest uncoated kraft liner supplier to Singapore, accounting for a X% share of total imports. Moreover, uncoated kraft liner imports from Malaysia exceeded the figures recorded by the second-largest supplier, Japan (X tons), sevenfold. Vietnam (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, 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: Japan (X% per year) and Vietnam (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of uncoated kraft liner to Singapore, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average uncoated kraft liner import price stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform