Price for Fine or Coarse Animal Hair, Not Carded or Combed in Singapore - 2022

Contents:

1. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Singapore (CIF) - 2022
2. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Singapore (FOB) - 2022
3. Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Singapore
4. Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Singapore

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Singapore (CIF) - 2022

The average import price for fine or coarse animal hair, not carded or combed stood at $8,044 per ton in 2022, shrinking by -47% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 146%. The import price peaked at $15,869 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 UK ($66,333 per ton), while the price for Thailand ($568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Singapore (FOB) - 2022

The average export price for fine or coarse animal hair, not carded or combed stood at $41,582 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 119% against the previous year. Over the period under review, the average export prices attained the maximum at $45,143 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -34.4% per year.

Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Singapore

In 2022, the amount of fine or coarse animal hair, not carded or combed imported into Singapore reduced sharply to 519 kg, shrinking by -16.4% compared with the year before. Overall, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of 621 kg, and then shrank rapidly in the following year.

In value terms, imports of fine or coarse animal hair, not carded or combed reduced rapidly to $4.2K in 2022. Over the period under review, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 284%. As a result, imports reached the peak of $9.4K, and then declined dramatically in the following year.

Top Suppliers of Fine or Coarse Animal Hair, Not Carded or Combed to Singapore in 2022:

1. Thailand (447.0 kg)
2. Switzerland (60.0 kg)
3. United Kingdom (12.0 kg)

Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Singapore

After two years of decline, overseas shipments of fine or coarse animal hair, not carded or combed decreased by -10.2% to 79 kg in 2022. Overall, exports continue to indicate a sharp setback.

In value terms, exports of fine or coarse animal hair, not carded or combed dropped to $3.3K in 2022. Over the period under review, exports faced a dramatic descent.

Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from Singapore in 2022:

1. Netherlands (79.0 kg)

Source: IndexBox Market Intelligence Platform