Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore - 2023

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore (CIF) - 2022
  2. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore (FOB) - 2022
  3. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore
  4. Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore (CIF) - 2022

In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $11 per square meter, almost unchanged from the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 19%. As a result, import price attained the peak level of $13 per square meter. From 2021 to 2022, the average import prices remained 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 Italy ($14 per square meter), while the price for China ($8.9 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore (FOB) - 2022

In 2022, the average export price for woven fabrics of combed wool or of combed fine animal hair amounted to $9.5 per square meter, waning by -9.7% against the previous year. Over the period under review, the export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 13% against the previous year. As a result, the export price attained the peak level of $12 per square meter. From 2021 to 2022, the average export prices remained 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 Malaysia ($14 per square meter), while the average price for exports to India ($8.1 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 China (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore

After two years of decline, overseas purchases of woven fabrics of combed wool or of combed fine animal hair increased by 53% to 537K square meters in 2022. In general, imports, however, showed a abrupt setback. Imports peaked at 765K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair soared to $5.9M in 2022. Over the period under review, imports, however, showed a deep slump. Over the period under review, imports of hit record highs at $8.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,5908011,4442,297-3.9%
Italy3,5643,5951,3441,808-20.2%
United Kingdom715364193473-12.9%
Germany45447913.4216-21.9%
United States82.829.613.718831.4%
Chile34.538.264.914461.0%
Lithuania46.721.723.414445.6%
India70.37.143.012521.1%
Hong Kong SAR30.03.037.111958.3%
Ireland52.429030.959.54.3%
Others496231622310-14.5%
Total8,1355,8603,8305,884-10.2%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Singapore in 2022:

  1. China (256.6K square meters)
  2. Italy (131.7K square meters)
  3. United Kingdom (37.6K square meters)
  4. Germany (18.3K square meters)
  5. United States (15.8K square meters)
  6. India (12.9K square meters)
  7. Lithuania (12.3K square meters)
  8. Chile (11.9K square meters)
  9. Hong Kong SAR (10.4K square meters)
  10. Ireland (5.0K square meters)

Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore

In 2022, approx. 303K square meters of woven fabrics of combed wool or of combed fine animal hair were exported from Singapore; stabilizing at the previous year's figure. Over the period under review, exports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 23%. The exports peaked at 388K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair dropped to $2.9M in 2022. Overall, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 3.6% against the previous year. Over the period under review, the exports of attained the maximum at $4.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,7272141,3711,335-8.2%
Thailand22618.942036417.2%
Vietnam62.3505N/A33775.5%
China1,012755593325-31.5%
United Arab Emirates18596.01332287.2%
Indonesia19685.0253147-9.1%
Malaysia38735152.255.9-47.5%
Myanmar2.9978N/A0.2-59.0%
Others50039.132979.9-45.7%
Total4,2983,0423,1522,871-12.6%

Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Singapore in 2022:

  1. India (164.5K square meters)
  2. Vietnam (38.1K square meters)
  3. Thailand (27.2K square meters)
  4. United Arab Emirates (26.8K square meters)
  5. China (24.3K square meters)
  6. Indonesia (10.3K square meters)
  7. Malaysia (3.9K square meters)

Source: IndexBox Market Intelligence Platform

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