Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore - 2022
Contents:
- Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore (FOB) - 2022
- Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore (CIF) - 2022
- Exports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore
- Imports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore
Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore (FOB) - 2022
The average export price for stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like stood at $84,353 per ton in 2022, falling by -10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 20%. As a result, the export price reached the peak level of $98,198 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Brunei Darussalam ($75,975 per ton) and Vietnam ($75,434 per ton), while the average price for exports to Hong Kong SAR ($75,190 per ton) and the Netherlands ($75,263 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore (CIF) - 2022
The average import price for stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like stood at $58,585 per ton in 2022, picking up by 3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $63,034 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Finland ($58,912 per ton) and Switzerland ($58,898 per ton), while the price for the UK ($58,719 per ton) and China ($58,794 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+25.5%), while the prices for the other major suppliers experienced a decline.
Exports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore
In 2022, overseas shipments of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like decreased by -54.6% to 259 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 114% against the previous year.
In value terms, exports of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like declined significantly to $22M in 2022. Over the period under review, exports, however, saw a strong expansion. The growth pace was the most rapid in 2021 with an increase of 100%. As a result, the exports attained the peak of $53M, and then dropped notably in the following year.
Export of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.7 | 17.9 | 24.4 | 9.9 | 38.8% |
Netherlands | N/A | N/A | N/A | 2.7 | 0% |
United States | 0.3 | 0.2 | 0.5 | 1.6 | 74.7% |
South Korea | 0.3 | 1.5 | 0.5 | 1.4 | 67.1% |
Malaysia | 1.1 | 0.7 | 0.7 | 1.3 | 5.7% |
India | 1.0 | 1.4 | 0.9 | 1.0 | 0.0% |
China | 2.7 | 1.5 | 1.7 | 1.0 | -28.2% |
Hong Kong SAR | 1.9 | 0.2 | N/A | 0.1 | -62.5% |
Switzerland | N/A | N/A | 21.8 | N/A | 0% |
Others | 2.7 | 3.4 | 3.0 | 2.8 | 1.2% |
Total | 13.7 | 26.8 | 53.5 | 21.8 | 16.7% |
Top Export Markets for Unused Postage, Revenue or Similar Stamps of Current or New Issue in the Country To Which Destined; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates and the Like from Singapore in 2022:
- Japan (130.9 tons)
- Netherlands (35.9 tons)
- United States (21.5 tons)
- South Korea (19.2 tons)
- Malaysia (16.9 tons)
- India (13.8 tons)
- China (12.9 tons)
- Hong Kong SAR (0.8 tons)
Imports of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore
In 2022, overseas purchases of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like decreased by -2.6% to 336 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 69% against the previous year. As a result, imports reached the peak of 670 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like reached $20M in 2022. Over the period under review, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2020 when imports increased by 74% against the previous year. As a result, imports attained the peak of $37M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Stamps; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 0.6 | 3.5 | 4.2 | 6.7 | 123.5% |
Australia | 3.6 | 4.9 | 1.3 | 6.3 | 20.5% |
China | 1.8 | 2.3 | 0.4 | 2.0 | 3.6% |
United States | 1.8 | 2.9 | 2.5 | 1.1 | -15.1% |
Taiwan (Chinese) | 2.7 | 1.2 | 0.7 | 1.0 | -28.2% |
Finland | N/A | 0.1 | 0.2 | 0.7 | 164.6% |
Hong Kong SAR | 1.1 | 4.0 | 2.6 | 0.4 | -28.6% |
United Kingdom | 3.4 | 1.6 | N/A | 0.1 | -69.1% |
Switzerland | N/A | 10.0 | 5.5 | N/A | -45.0% |
Others | 6.0 | 6.2 | 2.1 | 1.3 | -39.9% |
Total | 21.0 | 36.6 | 19.6 | 19.7 | -2.1% |
Top Suppliers of Unused Postage, Revenue or Similar Stamps of Current or New Issue in the Country To Which Destined; Stamp-Impressed Paper; Cheque Forms; Banknotes, Stock, Share or Bond Certificates and the Like to Singapore in 2022:
- Indonesia (113.2 tons)
- Australia (106.9 tons)
- China (34.5 tons)
- United States (18.7 tons)
- Taiwan (Chinese) (17.9 tons)
- Finland (12.4 tons)
- Hong Kong SAR (7.3 tons)
- United Kingdom (1.8 tons)
- Switzerland (0.1 tons)
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