Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore - 2023
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore (FOB) - 2023
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore (CIF) - 2023
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore (FOB) - 2023
The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $9,749 per ton in September 2022, standing approximately at the previous month. Over the period under review, the export price saw a mild downturn. As a result, the export price reached the peak level of $10,089 per ton. From July 2022 to September 2022, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In September 2022, the country with the highest price was Malaysia ($11,484 per ton), while the average price for exports to Sri Lanka ($9,700 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.6%), while the prices for the other major destinations experienced a decline.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore (CIF) - 2023
In September 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $11,593 per ton, shrinking by -1.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 1.2% month-to-month. Over the period under review, average import prices attained the maximum at $11,812 per ton in August 2022, and then reduced slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Taiwan (Chinese) ($11,909 per ton), while the price for Indonesia ($7,457 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore
In 2022, shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms increased by 35% to 3.3K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms soared to $28M in 2022. Overall, exports, however, recorded a abrupt decrease.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 28.6 | 19.4 | 18.5 | 26.4 | -2.6% |
| Malaysia | 0.7 | 0.9 | 0.6 | 0.5 | -10.6% |
| Vietnam | 4.3 | 1.7 | 0.2 | 0.2 | -64.0% |
| United States | 0.2 | 4.8 | 0.6 | N/A | 73.2% |
| Others | 0.7 | 1.1 | 2.3 | 1.3 | 22.9% |
| Total | 34.5 | 27.9 | 22.1 | 28.4 | -6.3% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Singapore in 2022:
- Indonesia (3016.8 tons)
- Malaysia (59.1 tons)
- Vietnam (19.2 tons)
- United States (0.2 tons)
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore
In 2022, approx. 2.1K tons of fabrics, knitted or crocheted, of a width of > 30 cms were imported into Singapore; reducing by -17.3% on 2021. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms expanded notably to $26M in 2022. Over the period under review, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 18%.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 4.9 | 4.1 | 5.9 | 8.2 | 18.7% |
| Vietnam | 3.1 | 1.8 | 3.3 | 7.7 | 35.4% |
| China | 8.6 | 6.0 | 3.5 | 4.9 | -17.1% |
| Indonesia | 1.5 | 5.5 | 2.8 | 1.7 | 4.3% |
| Malaysia | 7.0 | 1.9 | 0.5 | 1.4 | -41.5% |
| South Korea | 1.2 | 0.4 | 0.7 | 0.9 | -9.1% |
| India | 0.1 | N/A | 5.4 | 0.2 | 26.0% |
| Others | 2.6 | 0.9 | 2.3 | 1.1 | -24.9% |
| Total | 28.9 | 20.6 | 24.4 | 26.1 | -3.3% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Singapore in 2022:
- Taiwan (Chinese) (653.5 tons)
- Vietnam (621.3 tons)
- China (402.5 tons)
- Indonesia (151.4 tons)
- Malaysia (111.8 tons)
- South Korea (66.7 tons)
- India (18.4 tons)
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