Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore - 2023

Contents:

  1. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore (CIF) - 2022
  2. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore (FOB) - 2022
  3. Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore
  4. Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore (CIF) - 2022

The average import price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses stood at $3.6 per unit in 2022, with a decrease of -12.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 11% against the previous year. Over the period under review, average import prices reached the peak figure at $4.1 per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5.2 per unit), while the price for Malaysia ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore (FOB) - 2022

In 2022, the average export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $4.7 per unit, picking up by 3.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 22%. As a result, the export price reached the peak level of $6.5 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($13 per unit), while the average price for exports to Malaysia ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore

In 2022, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses into Singapore surged to 4.9M units, growing by 18% on the year before. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses rose to $17M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.87.810.612.10.8%
United States1.30.90.81.2-2.6%
India0.70.50.70.84.6%
Serbia0.10.30.60.681.7%
Thailand0.10.1N/A0.681.7%
Japan0.10.40.30.458.7%
Malaysia0.61.81.40.3-20.6%
Hong Kong SAR0.30.30.60.1-30.7%
Others1.01.11.51.13.2%
Total16.013.216.717.32.6%

Top Suppliers of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes to Singapore in 2022:

  1. China (3647.3K units)
  2. United States (235.4K units)
  3. India (198.6K units)
  4. Serbia (151.9K units)
  5. Thailand (139.8K units)
  6. Malaysia (128.2K units)
  7. Japan (102.9K units)
  8. Hong Kong SAR (33.1K units)

Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore

In 2022, approx. 369K units of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses were exported from Singapore; with a decrease of -20.8% on 2021 figures. Over the period under review, exports showed a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, the exports reached the peak of 466K units, and then contracted notably in the following year.

In value terms, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses contracted remarkably to $1.7M in 2022. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Over the period under review, the exports of reached the maximum at $2.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia3122182063615.0%
PortugalN/AN/AN/A2570%
Australia272534396194-10.7%
Malaysia96.275.062.918424.1%
China213162173156-9.9%
United States40.614822614653.2%
Hong Kong SAR14456.123989.3-14.7%
Japan15115417346.5-32.5%
South Korea79.674.475.345.7-16.9%
Thailand45.144.514733.3-9.6%
Taiwan (Chinese)27287.573.931.5-51.3%
New Zealand35.439.540.825.5-10.4%
Austria2904.118.512.4-65.0%
Others345195299167-21.5%
Total2,2961,7922,1321,750-8.7%

Top Export Markets for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes from Singapore in 2022:

  1. Indonesia (88.7K units)
  2. Malaysia (74.7K units)
  3. Australia (36.7K units)
  4. China (30.3K units)
  5. United States (30.2K units)
  6. Hong Kong SAR (20.5K units)
  7. Portugal (19.3K units)
  8. Japan (8.7K units)
  9. South Korea (8.6K units)
  10. Thailand (7.7K units)
  11. Taiwan (Chinese) (6.1K units)
  12. New Zealand (4.8K units)
  13. Austria (2.4K units)

Source: IndexBox Market Intelligence Platform

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