Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore - 2023

Contents:

  1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore (CIF) - 2022
  2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore (FOB) - 2022
  3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore
  4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore (CIF) - 2022

The average import price for tents of textile materials other than cotton or synthetic fibreses stood at $7,374 per ton in 2022, declining by -20.6% against the previous year. Over the period under review, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2017 an increase of 9.9% against the previous year. The import price peaked at $9,999 per ton in 2018; however, from 2019 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 Australia ($41,229 per ton), while the price for Bangladesh ($6,776 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore (FOB) - 2022

The average export price for tents of textile materials other than cotton or synthetic fibreses stood at $5,011 per ton in 2022, which is down by -45.6% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2017 an increase of 43% against the previous year. The export price peaked at $15,404 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($9,177 per ton), while the average price for exports to Australia ($4,709 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore

In 2022, approx. 199 tons of tents of textile materials other than cotton or synthetic fibreses were imported into Singapore; increasing by 92% on 2021. Over the period under review, imports, however, showed a abrupt decrease.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses surged to $1.5M in 2022. In general, imports, however, continue to indicate a deep downturn.

Import of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7791,9714221,0099.0%
United Arab EmiratesN/AN/AN/A1890%
Malaysia57267.940375.0-49.2%
BangladeshN/AN/AN/A60.30%
United States84.442.018.745.3-18.7%
Hong Kong SAR1.145.045.919.4160.3%
Australia5712.0N/A14.2-70.8%
Others10672.473.155.1-19.6%
Total2,1132,2009631,467-11.5%

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Singapore in 2022:

  1. China (147.4 tons)
  2. United Arab Emirates (21.2 tons)
  3. Malaysia (10.9 tons)
  4. Bangladesh (8.9 tons)
  5. United States (3.3 tons)
  6. Hong Kong SAR (2.1 tons)
  7. Australia (0.3 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore

After three years of growth, overseas shipments of tents of textile materials other than cotton or synthetic fibreses decreased by -83.9% to 16 tons in 2022. Overall, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses contracted rapidly to $83K in 2022. In general, exports saw a significant decline. The pace of growth appeared the most rapid in 2020 when exports increased by 61% against the previous year.

Export of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia31.16982.060.825.0%
Indonesia36932.413310.0-70.0%
Malaysia87.717.34063.7-65.2%
ThailandN/A1.3N/A2.127.1%
PhilippinesN/AN/A2761.4-99.5%
MicronesiaN/AN/A75.0N/A0%
Others17.364.551.94.5-36.2%
Total50581394482.6-45.3%

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Singapore in 2022:

  1. Australia (12.9 tons)
  2. Indonesia (1.9 tons)
  3. Malaysia (0.6 tons)
  4. Thailand (0.3 tons)
  5. Philippines (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Tents; of textile materials other than cotton or synthetic fibres - Singapore