Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore - 2023

Contents:

  1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore (CIF) - 2022
  2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore (FOB) - 2022
  3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore
  4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore (CIF) - 2022

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.9 per square meter in 2022, shrinking by -3.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 9.8%. The import price peaked at $3.1 per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Malaysia ($3.8 per square meter), while the price for the United States ($2.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore (FOB) - 2022

In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $3.8 per square meter, jumping by 37% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $3.8 per square meter in 2012; afterwards, it flattened through to 2022.

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 China ($11 per square meter), while the average price for exports to Turkey ($1.6 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 China (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore

Imports of textile fabrics, rubberised; other than those of heading no. 5902s into Singapore was estimated at 5.3M square meters in 2022, stabilizing at the previous year. In general, imports, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3% against the previous year. Imports peaked at 6.2M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s fell slightly to $15M in 2022. Over the period under review, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Over the period under review, imports of hit record highs at $17M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4.65.14.64.81.4%
Thailand3.32.43.72.5-8.8%
China2.01.62.11.9-1.7%
United States1.40.81.01.1-7.7%
Germany0.70.70.90.98.7%
Hong Kong SAR0.80.80.80.94.0%
Malaysia1.30.80.70.8-14.9%
Others2.71.81.82.3-5.2%
Total16.714.015.615.1-3.3%

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Singapore in 2022:

  1. Japan (1717.3K square meters)
  2. Thailand (990.2K square meters)
  3. China (552.6K square meters)
  4. United States (474.0K square meters)
  5. Hong Kong SAR (342.4K square meters)
  6. Germany (336.2K square meters)
  7. Malaysia (218.1K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore

In 2022, approx. 2.9M square meters of textile fabrics, rubberised; other than those of heading no. 5902s were exported from Singapore; falling by -39.1% compared with 2021 figures. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 42%. Over the period under review, the exports of hit record highs at 4.9M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s shrank dramatically to $11M in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, the exports of attained the maximum at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia3.62.73.33.2-3.9%
Hong Kong SAR2.52.42.72.83.8%
Philippines4.22.33.11.7-26.0%
Malaysia2.21.21.51.2-18.3%
China0.30.21.00.518.6%
Thailand0.90.80.50.5-17.8%
Vietnam0.60.20.30.3-20.6%
TurkeyN/AN/A0.10.10.0%
Others1.10.60.91.0-3.1%
Total15.310.513.411.2-9.9%

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Singapore in 2022:

  1. Indonesia (1036.7K square meters)
  2. Hong Kong SAR (510.4K square meters)
  3. Malaysia (418.0K square meters)
  4. Philippines (415.8K square meters)
  5. Thailand (156.6K square meters)
  6. Vietnam (93.0K square meters)
  7. China (45.4K square meters)
  8. Turkey (44.6K square meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Textile fabrics, rubberised; other than those of heading no. 5902 - Singapore