Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore - 2023

Contents:

1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore (CIF) - 2022
2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore (FOB) - 2022
3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore
4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore (CIF) - 2022

In 2022, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides amounted to $2.6 per square meter, rising by 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 when the average import price increased by 13% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($2.8 per square meter) and Indonesia ($2.6 per square meter), while the price for South Korea ($2.6 per square meter) and Thailand ($2.6 per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore (FOB) - 2022

The average export price for textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides stood at $1.6 per square meter in 2022, picking up by 4.5% against the previous year. Overall, the export price, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of 11% against the previous year. Over the period under review, the average export prices hit record highs at $2.5 per square meter in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1.9 per square meter), while the average price for exports to Cote d'Ivoire ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-2.5%), while the prices for the other major destinations experienced a decline.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore

In 2022, purchases abroad of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides was finally on the rise to reach 2.1M square meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a slight reduction. Imports peaked at 2.1M square meters in 2019; afterwards, it flattened through to 2022.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides soared to $5.3M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride to Singapore in 2022:

1. China (1041.2K square meters)
2. Malaysia (246.2K square meters)
3. United States (128.0K square meters)
4. Indonesia (112.3K square meters)
5. South Korea (99.7K square meters)
6. United Kingdom (70.8K square meters)
7. Japan (65.9K square meters)
8. Belgium (49.9K square meters)
9. Turkey (41.9K square meters)
10. Italy (32.6K square meters)
11. Germany (18.3K square meters)
12. Thailand (17.9K square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride in Singapore

Exports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides from Singapore expanded remarkably to 1M square meters in 2022, increasing by 13% against 2021. In general, exports, however, saw a abrupt setback. The exports peaked at 1.5M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyvinyl chlorides soared to $1.7M in 2022. Over the period under review, exports, however, saw a sharp downturn. Over the period under review, the exports of hit record highs at $3.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyvinyl Chloride from Singapore in 2022:

1. Indonesia (364.0K square meters)
2. Malaysia (358.6K square meters)
3. Bangladesh (97.1K square meters)
4. Thailand (24.1K square meters)
5. Vietnam (23.3K square meters)
6. China (21.0K square meters)
7. Germany (20.4K square meters)
8. Cote d'Ivoire (18.9K square meters)
9. Brunei Darussalam (15.9K square meters)
10. Sri Lanka (8.1K square meters)

Source: IndexBox Market Intelligence Platform