Glass Fibre Voiles Price in Singapore - 2021

Contents:

  1. Glass Fibre Voiles Price in Singapore (FOB) - 2022
  2. Glass Fibre Voiles Price in Singapore (CIF) - 2022
  3. Glass Fibre Voiles Exports in Singapore
  4. Glass Fibre Voiles Imports in Singapore

Glass Fibre Voiles Price in Singapore (FOB) - 2022

The average glass fibre voiles export price stood at $5,164 per ton in 2022, stabilizing at the previous year. In general, the export price, however, recorded a mild setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $6,435 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($5,165 per ton), while the average price for exports to Malaysia stood at $5,164 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-0.5%).

Glass Fibre Voiles Price in Singapore (CIF) - 2022

In 2022, the average glass fibre voiles import price amounted to $5,036 per ton, with a decrease of -4.9% against the previous year. Over the period under review, the import price saw a mild reduction. The pace of growth was the most pronounced in 2021 an increase of 10% against the previous year. Over the period under review, average import prices hit record highs at $5,796 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($5,305 per ton) and Sweden ($5,305 per ton), while the price for Japan ($4,818 per ton) and the UK ($4,820 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Voiles Exports in Singapore

In 2022, after three years of growth, there was significant decline in shipments abroad of glass fibre voiles, when their volume decreased by -13.9% to 325 tons. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 208%.

In value terms, glass fibre voiles exports declined to $1.7M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 151% against the previous year.

Export of Glass Fibre Voiles in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia0.51.41.81.647.4%
OthersN/AN/A0.2N/A0%
Total0.61.41.91.741.5%

Top Export Markets for Glass Fibre Voiles from Singapore in 2022:

  1. Malaysia (318.1 tons)

Glass Fibre Voiles Imports in Singapore

In 2022, overseas purchases of glass fibre voiles were finally on the rise to reach 67 tons after two years of decline. In general, imports, however, continue to indicate a abrupt contraction.

In value terms, glass fibre voiles imports reached $337K in 2022. Overall, imports, however, saw a abrupt slump.

Import of Glass Fibre Voiles in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23483.997.195.6-25.8%
United Kingdom18585.55.262.7-30.3%
Sweden2.30.983.661.4198.9%
Australia15.634.646.834.430.2%
United States35.230.745.133.1-2.0%
Malaysia35.770.825.230.3-5.3%
Japan0.117.817.012.5400.0%
South Africa24.5N/AN/AN/A0%
Others70.516.213.57.0-53.7%
Total602340333337-17.6%

Top Suppliers of Glass Fibre Voiles to Singapore in 2022:

  1. China (19.4 tons)
  2. United Kingdom (13.0 tons)
  3. Sweden (11.6 tons)
  4. Australia (6.5 tons)
  5. United States (6.2 tons)
  6. Malaysia (6.2 tons)
  7. Japan (2.6 tons)

Source: IndexBox Market Intelligence Platform

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