Price for Textile Machinery; Spinning Machines in Singapore - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in Singapore (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Singapore (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Singapore
- Exports of Textile Machinery; Spinning Machines in Singapore
Price for Textile Machinery; Spinning Machines in Singapore (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $3,834 per unit, with a decrease of -6.8% against the previous year. In general, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 86%. Over the period under review, average import prices attained the maximum at $16,060 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($4,075 per unit), while the price for Vietnam ($62 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Textile Machinery; Spinning Machines in Singapore (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $2,147 per unit, increasing by 8.8% against the previous year. Overall, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 96%. The export price peaked at $5,201 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4,215 per unit), while the average price for exports to Taiwan (Chinese) amounted to $1,997 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+12.0%).
Imports of Textile Machinery; Spinning Machines in Singapore
Textile machinery; spinning machines imports into Singapore shrank notably to 319 units in 2022, which is down by -31.1% on 2021. In general, imports showed a significant decline. Imports peaked at 3K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, textile machinery; spinning machines imports fell remarkably to $1.2M in 2022. Overall, imports recorded a dramatic setback. The smallest decline of -26% was in 2021. Imports peaked at $8.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Textile Machinery; Spinning Machines in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.8 | 2.6 | 1.9 | 1.2 | -12.6% |
| South Korea | 1.0 | N/A | N/A | N/A | 0% |
| Japan | 2.1 | N/A | N/A | N/A | 0% |
| Germany | 1.5 | N/A | N/A | N/A | 0% |
| Vietnam | N/A | N/A | N/A | N/A | 0% |
| India | 2.0 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 8.6 | 2.6 | 1.9 | 1.2 | -48.1% |
Top Suppliers of Textile Machinery; Spinning Machines to Singapore in 2022:
- Taiwan (Chinese) (296.0 units)
- Vietnam (10.0 units)
- Japan (5.0 units)
- India (1.0 units)
- Germany (1.0 units)
Exports of Textile Machinery; Spinning Machines in Singapore
In 2022, overseas shipments of textile machinery; spinning machineses were finally on the rise to reach 808 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant decline. The exports peaked at 2.7K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, textile machinery; spinning machines exports surged to $1.7M in 2022. Overall, exports, however, faced a significant contraction. The exports peaked at $8.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Textile Machinery; Spinning Machines in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 2.0 | 2.6 | 1.3 | 1.5 | -9.1% |
| France | N/A | N/A | N/A | 0.2 | 0% |
| Indonesia | 6.7 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 8.6 | 2.6 | 1.4 | 1.7 | -41.7% |
Top Export Markets for Textile Machinery; Spinning Machines from Singapore in 2022:
- Taiwan (Chinese) (742.0 units)
- France (54.0 units)
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