Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore - 2023

Contents:

  1. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore (CIF) - 2022
  2. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore
  4. Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore (CIF) - 2022

In 2022, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $2 per square meter, increasing by 11% against the previous year. Overall, the import price, however, recorded a mild reduction. Over the period under review, average import prices hit record highs at $2.3 per square meter 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 India ($2 per square meter) and Japan ($2 per square meter), while the price for the Netherlands ($1.8 per square meter) and Vietnam ($2 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-0.5%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore (FOB) - 2022

The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $1.9 per square meter in 2022, dropping by -8.8% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 when the average export price increased by 8.7% against the previous year. Over the period under review, the average export prices reached the maximum at $3.6 per square meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($2 per square meter) and Australia ($2 per square meter), while the average price for exports to Thailand ($1.9 per square meter) and Cambodia ($1.9 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-4.6%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore

In 2022, after three years of growth, there was significant decline in purchases abroad of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses, when their volume decreased by -29.2% to 720K square meters. In general, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, imports of reached the maximum at 1M square meters in 2021, and then contracted remarkably in the following year.

In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses declined markedly to $1.5M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 21%. Imports peaked at $1.8M in 2021, and then contracted remarkably in the following year.

Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34770955269826.2%
Turkey18329119928816.3%
Indonesia55.34.90.810423.4%
United States31.49.129.668.829.9%
Italy82.362.434342.4-19.8%
Netherlands3.03.641.040.3137.7%
Japan84.022445432.9-26.8%
India33.210.642.629.2-4.2%
Spain60.317.78.824.8-25.6%
Hong Kong SAR16.12.45.322.411.6%
Malaysia95.757.413.39.7-53.4%
France19.148.689.04.8-36.9%
Pakistan202240N/AN/A18.8%
Others26510265.689.4-30.4%
Total1,4781,7811,8441,455-0.5%

Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Singapore in 2022:

  1. China (344.6K square meters)
  2. Turkey (142.0K square meters)
  3. Indonesia (51.3K square meters)
  4. United States (34.0K square meters)
  5. Netherlands (22.2K square meters)
  6. Italy (20.9K square meters)
  7. Japan (16.2K square meters)
  8. India (14.4K square meters)
  9. Spain (12.2K square meters)
  10. Hong Kong SAR (11.0K square meters)
  11. Malaysia (4.8K square meters)
  12. France (2.3K square meters)

Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore

In 2022, the amount of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses exported from Singapore skyrocketed to 382K square meters, jumping by 23% on the previous year. Overall, exports, however, showed a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 68%. As a result, the exports attained the peak of 778K square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses totaled $740K in 2022. Over the period under review, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 50%. As a result, the exports attained the peak of $1.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia449864143424-1.9%
Malaysia90.855733792.70.7%
India1603.0N/A46.9-33.6%
Australia1.45.149.943.6214.6%
DjiboutiN/AN/AN/A31.50%
Cambodia3.4N/A26.330.2107.1%
United States10259.8N/A24.4-37.9%
Thailand1431344.74.2-69.1%
Israel207240N/AN/A15.9%
Others10321.698.341.9-25.9%
Total1,2601,885659740-16.3%

Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Singapore in 2022:

  1. Indonesia (220.7K square meters)
  2. Malaysia (48.2K square meters)
  3. India (23.1K square meters)
  4. Australia (21.8K square meters)
  5. Djibouti (16.4K square meters)
  6. Cambodia (15.7K square meters)
  7. United States (12.7K square meters)
  8. Thailand (2.2K square meters)

Source: IndexBox Market Intelligence Platform

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