Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore - 2023

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore (CIF) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore (FOB) - 2022
3. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore
4. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore (CIF) - 2022

In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $3,499 per ton, declining by -83.6% against the previous year. Over the period under review, the import price, however, showed strong growth. The growth pace was the most rapid in 2013 when the average import price increased by 507% against the previous year. Over the period under review, average import prices hit record highs at $21,390 per ton in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($18,146 per ton), while the price for Malaysia ($2,516 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore (FOB) - 2022

The average export price for yarn of other vegetable textile fibres; paper yarns stood at $11,250 per ton in 2022, rising by 45% against the previous year. Overall, the export price enjoyed a slight expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 1,225%. As a result, the export price attained the peak level of $86,354 per ton. From 2019 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 Brunei Darussalam ($20,500 per ton), while the average price for exports to Malaysia totaled $2,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+12.3%), while the prices for the other major destinations experienced a decline.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore

In 2022, supplies from abroad of yarn of other vegetable textile fibres; paper yarns was finally on the rise to reach 3.1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt contraction.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns skyrocketed to $11K in 2022. In general, imports, however, showed a dramatic decrease.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Singapore in 2022:

1. Malaysia (2964.0 kg)
2. China (137.0 kg)
3. India (14.0 kg)

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Singapore

In 2022, shipments abroad of yarn of other vegetable textile fibres; paper yarns decreased by -99.8% to 4 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 182,200% against the previous year. As a result, the exports reached the peak of 3.6 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns fell dramatically to $45 in 2022. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 150,613% against the previous year. As a result, the exports attained the peak of $45K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Singapore in 2022:

1. Malaysia (2.0 kg)
2. Brunei Darussalam (2.0 kg)

Source: IndexBox Market Intelligence Platform