
Singapore - Woven Pile Fabrics and Chenille Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Singapore: Market for Woven Pile Fabrics And Chenille Fabrics 2022
Market Size for Woven Pile Fabrics And Chenille Fabrics in Singapore
The Singaporean pile and chenille fabric market fell notably to $X in 2021, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a deep reduction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.
Exports of Woven Pile Fabrics And Chenille Fabrics
Exports from Singapore
In 2021, approx. X tons of woven pile fabrics and chenille fabrics were exported from Singapore; which is down by -X% against 2020 figures. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, pile and chenille fabric exports dropped to $X in 2021. Over the period under review, exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
Indonesia (X tons) was the main destination for pile and chenille fabric exports from Singapore, with a X% share of total exports. Moreover, pile and chenille fabric exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tons), threefold. The third position in this ranking was taken by India (X kg), with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Indonesia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and India (+X% per year).
In value terms, Indonesia ($X) remains the key foreign market for pile and chenille fabric 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. It was followed by China, with an X% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-X% per year) and China (+X% per year).
Export Prices by Country
The average pile and chenille fabric export price stood at $X per ton in 2021, remaining constant against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Pile Fabrics And Chenille Fabrics
Imports into Singapore
Pile and chenille fabric imports into Singapore dropped sharply to X tons in 2021, with a decrease of -X% against 2020. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In value terms, pile and chenille fabric imports declined to $X in 2021. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.
Imports by Country
China (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of pile and chenille fabric imports to Singapore, with a combined X% share of total imports. These countries were followed by India, the United States, Thailand, Spain, Indonesia and Taiwan (Chinese), which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.
In value terms, the largest pile and chenille fabric suppliers to Singapore were India ($X), Italy ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Turkey, Spain, the United States, Thailand, Indonesia and Taiwan (Chinese), which together accounted for a further X, with a CAGR of +X%, recorded 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 more modest paces of growth.
Import Prices by Country
In 2021, the average pile and chenille fabric import price amounted to $X per ton, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked in 2021 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pile and chenille fabric 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the global market for pile and chenille fabric.
This report provides an in-depth analysis of the market for pile and chenille fabric in the EU.
This report provides an in-depth analysis of the market for pile and chenille fabric in Asia.
This report provides an in-depth analysis of the market for pile and chenille fabric in the U.S..
This report provides an in-depth analysis of the market for pile and chenille fabric in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET
Join our live webinar to get insights into the global biogas market.
Thursday, November 18th, 2021 @ 04:00 pm ET
Join our live webinar to get insights into the global cotton yarn market.
Thursday, April 8th, 2021 @ 04:00 pm ET