Price for Wadding; Other Articles Thereof, of Cotton in Singapore - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Singapore (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Cotton in Singapore (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Cotton in Singapore
- Exports of Wadding; Other Articles Thereof, of Cotton in Singapore
Price for Wadding; Other Articles Thereof, of Cotton in Singapore (CIF) - 2022
The average import price for wadding; other articles thereof, of cotta stood at $6,539 per ton in 2022, picking up by 11% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $6,896 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($10,046 per ton), while the price for China ($5,236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Singapore (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $7,648 per ton, increasing by 32% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Japan ($25,783 per ton), while the average price for exports to Cambodia ($4,945 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 Japan (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Cotton in Singapore
In 2022, approx. 1.1K tons of wadding; other articles thereof, of cotta were imported into Singapore; picking up by 8% compared with the previous year. Overall, imports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2020 when imports increased by 201%. As a result, imports attained the peak of 3.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wadding; other articles thereof, of cotta skyrocketed to $7M in 2022. In general, imports showed slight growth. The pace of growth was the most pronounced in 2020 when imports increased by 201% against the previous year. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Wadding; Other Articles Thereof, of Cotton in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 16.6 | 1.4 | 2.3 | -8.5% |
| Malaysia | 1.8 | 1.7 | 1.9 | 1.5 | -5.9% |
| Japan | 0.4 | 0.3 | 0.6 | 1.1 | 40.1% |
| United States | 0.6 | 0.5 | 0.9 | 1.0 | 18.6% |
| Vietnam | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| Turkey | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.1 | 0% |
| Indonesia | 0.3 | 0.4 | 0.2 | 0.1 | -30.7% |
| Others | 0.4 | 0.5 | 0.3 | 0.3 | -9.1% |
| Total | 6.7 | 20.2 | 5.9 | 7.0 | 1.5% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Singapore in 2022:
- China (439.4 tons)
- Malaysia (260.2 tons)
- United States (121.8 tons)
- Japan (112.5 tons)
- Vietnam (47.8 tons)
- Turkey (21.4 tons)
- Taiwan (Chinese) (17.9 tons)
- Indonesia (16.1 tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Singapore
In 2022, overseas shipments of wadding; other articles thereof, of cotta decreased by -2.2% to 547 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a pronounced increase. The pace of growth was the most pronounced in 2020 when exports increased by 389%. As a result, the exports reached the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of wadding; other articles thereof, of cotta soared to $4.2M in 2022. In general, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 396% against the previous year. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wadding; Other Articles Thereof, of Cotton in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2,209 | 13,624 | 1,257 | 1,562 | -10.9% |
| China | 43.0 | 110 | 441 | 881 | 173.6% |
| Japan | 1.4 | 7.4 | 130 | 504 | 611.4% |
| United Arab Emirates | 177 | 43.7 | 144 | 276 | 16.0% |
| South Korea | 1.6 | 50.3 | 32.5 | 152 | 356.3% |
| Malaysia | 56.8 | 83.6 | 285 | 148 | 37.6% |
| Australia | 40.1 | 36.8 | 44.7 | 115 | 42.1% |
| France | N/A | N/A | 133 | 85.6 | -35.6% |
| Cambodia | N/A | 0.3 | 0.9 | 76.5 | 1496.9% |
| Philippines | 62.1 | 100 | 84.4 | 74.1 | 6.1% |
| Hong Kong SAR | 4.1 | 85.6 | 78.4 | 74.0 | 162.3% |
| United States | 149 | 32.5 | 292 | 43.1 | -33.9% |
| Others | 126 | 70.0 | 309 | 192 | 15.1% |
| Total | 2,870 | 14,245 | 3,233 | 4,184 | 13.4% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Singapore in 2022:
- Indonesia (300.3 tons)
- China (67.6 tons)
- United Arab Emirates (28.9 tons)
- Malaysia (25.5 tons)
- Japan (19.6 tons)
- Cambodia (15.5 tons)
- Philippines (12.9 tons)
- Hong Kong SAR (12.5 tons)
- France (12.1 tons)
- South Korea (11.6 tons)
- Australia (9.7 tons)
- United States (8.1 tons)
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