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Singapore - Woven Fabrics Of Silk Or Of Silk Waste - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Silk Fabric Market Overview 2021

Silk Fabric Market Size in Singapore

The Singaporean silk fabric market reduced to $X in 2020, declining by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Silk fabric consumption peaked at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Silk Fabric Production in Singapore

In value terms, silk fabric production shrank to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2020, production failed to regain the momentum.

Silk Fabric Exports

Exports from Singapore

In 2020, the amount of woven fabrics of silk or of silk waste exported from Singapore shrank significantly to X square meters, dropping by -X% on the previous year. Over the period under review, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X square meters in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, silk fabric exports fell notably to $X in 2020. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X square meters) was the main destination for silk fabric exports from Singapore, with a X% share of total exports. Moreover, silk fabric exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X square meters), twofold. Sri Lanka (X square meters) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Indonesia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-X% per year) and Sri Lanka (+X% per year).

In value terms, Indonesia ($X), Malaysia ($X) and Sri Lanka ($X) were the largest markets for silk fabric exported from Singapore worldwide, together accounting for X% of total exports.

Sri Lanka saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average silk fabric export price stood at $X per square meter in 2020, reducing by -X% against the previous year. In general, export price indicated a resilient increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, silk fabric export price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. The export price peaked at $X per square meter in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Malaysia ($X per square meter), while the average price for exports to Sri Lanka ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Silk Fabric Imports

Imports into Singapore

Silk fabric imports into Singapore fell notably to X square meters in 2020, waning by -X% on the year before. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X square meters in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, silk fabric imports shrank notably to $X in 2020. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, India (X square meters) constituted the largest silk fabric supplier to Singapore, accounting for a X% share of total imports. Moreover, silk fabric imports from India exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X square meters), twofold. Malaysia (X square meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from India totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and Malaysia (+X% per year).

In value terms, India ($X) constituted the largest supplier of silk fabric to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2007 to 2020, the average annual growth rate of value from India totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

The average silk fabric import price stood at $X per square meter in 2020, flattening at the previous year. In general, import price indicated pronounced growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, silk fabric import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per square meter in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from India ($X per square meter) and Indonesia ($X per square meter), while the price for South Korea ($X per square meter) and Sri Lanka ($X per square meter) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of silk fabric consumption in 2020 were China (444M square meters), Russia (400M square meters) and the U.S. (169M square meters), with a combined 52% share of global consumption.
What are the largest producers of woven fabrics of silk or of silk waste in the world?
+
The countries with the highest volumes of silk fabric production in 2020 were China (448M square meters), Russia (400M square meters) and the U.S. (169M square meters), together accounting for 52% of global production.
What are the leading suppliers of woven fabrics of silk or of silk waste to Singapore?
+
In value terms, India ($1.7M) constituted the largest supplier of silk fabric to Singapore, comprising 46% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($675K), with a 19% share of total imports. It was followed by Malaysia, with a 9.4% share.
What are the leading importers of woven fabrics of silk or of silk waste from Singapore?
+
In value terms, the largest markets for silk fabric exported from Singapore were Indonesia ($982K), Malaysia ($969K) and Sri Lanka ($69K), together comprising 93% of total exports.
What is the average export price for woven fabrics of silk or of silk waste in Singapore?
+
The average silk fabric export price stood at $160 per square meter in 2020, shrinking by -12.4% against the previous year.
What is the average import price for woven fabrics of silk or of silk waste in Singapore?
+
The average silk fabric import price stood at $129 per square meter in 2020, almost unchanged from the previous year.

Product coverage:
• Prodcom 13201100 - Woven fabrics of silk or silk waste

This report provides an in-depth analysis of the silk fabric market 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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