Price for Prefabricated Buildings of Wood in Singapore - 2022

Contents:

1. Price for Prefabricated Buildings of Wood in Singapore (CIF) - 2022
2. Price for Prefabricated Buildings of Wood in Singapore (FOB) - 2022
3. Imports of Prefabricated Buildings of Wood in Singapore
4. Exports of Prefabricated Buildings of Wood in Singapore

Price for Prefabricated Buildings of Wood in Singapore (CIF) - 2022

In 2022, the average prefabricated buildings of wood import price amounted to $12,826 per unit, falling by -47.3% against the previous year. In general, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of 27%. The import price peaked at $26,140 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 China ($36,199 per unit), while the price for Austria ($419 per unit) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+140.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Prefabricated Buildings of Wood in Singapore (FOB) - 2022

The average prefabricated buildings of wood export price stood at $18,850 per unit in 2022, jumping by 18% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 625% against the previous year. Over the period under review, the average export prices attained the maximum at $19,086 per unit in 2018; however, from 2019 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 Hong Kong SAR.

From 2018 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -3.3% per year.

Imports of Prefabricated Buildings of Wood in Singapore

Prefabricated buildings of wood imports into Singapore surged to 111 units in 2022, increasing by 327% compared with 2021. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prefabricated buildings of wood imports soared to $1.4M in 2022. In general, imports, however, recorded a perceptible decrease. Over the period under review, imports hit record highs at $1.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Prefabricated Buildings of Wood to Singapore in 2022:

1. Poland (29.0 units)
2. China (14.0 units)
3. Austria (13.0 units)
4. Czech Republic (3.0 units)
5. Slovenia (2.0 units)
6. Philippines (1.0 units)
7. Sweden (1.0 units)

Exports of Prefabricated Buildings of Wood in Singapore

In 2022, exports of prefabricated buildings of wood from Singapore fell remarkably to 2 units, with a decrease of -33.3% compared with the previous year's figure. In general, exports saw a deep reduction. Over the period under review, the exports reached the maximum at 3 units in 2021, and then declined significantly in the following year.

In value terms, prefabricated buildings of wood exports reduced to $45K in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 624% against the previous year. The exports peaked at $56K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Prefabricated Buildings of Wood from Singapore in 2022:

1. Hong Kong SAR (2.0 units)