Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore - 2023

Contents:

  1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore (CIF) - 2022
  2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore (FOB) - 2022
  3. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore
  4. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore (CIF) - 2022

In 2022, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $8,858 per ton, with a decrease of -5.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 16%. Over the period under review, average import prices attained the maximum at $9,829 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($10,764 per ton) and Italy ($10,707 per ton), while the price for the United States ($7,424 per ton) and South Korea ($7,649 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore (FOB) - 2022

In 2022, the average export price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $6,519 per ton, dropping by -32.6% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 17% against the previous year. The export price peaked at $15,831 per ton in 2014; however, from 2015 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 Maldives ($56,750 per ton), while the average price for exports to Malaysia ($5,576 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 Maldives (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore

Imports of tarpaulins, awnings and sunblinds of synthetic fibreses into Singapore skyrocketed to 286 tons in 2022, increasing by 41% compared with the previous year's figure. Over the period under review, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses soared to $2.5M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6523801,11988810.8%
South Korea15835747074067.3%
Vietnam15917314155551.7%
Taiwan (Chinese)N/A0.50.11401573.3%
Norway5.1N/A1.582.6153.0%
United States32.334.031.349.915.6%
Malaysia66.731.955.538.7-16.6%
Germany1575.55.81.0-81.5%
Others13663.180.241.7-32.6%
Total1,3661,0451,9032,53722.9%

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Singapore in 2022:

  1. South Korea (96.8 tons)
  2. China (93.9 tons)
  3. Vietnam (60.0 tons)
  4. Taiwan (Chinese) (13.0 tons)
  5. Norway (8.6 tons)
  6. United States (6.7 tons)
  7. Malaysia (3.2 tons)
  8. Germany (0.1 tons)

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore

In 2022, approx. 18 tons of tarpaulins, awnings and sunblinds of synthetic fibreses were exported from Singapore; with an increase of 7.1% compared with the previous year. Overall, exports, however, showed a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses declined significantly to $118K in 2022. In general, exports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 1%.

Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia57.753.277.770.77.0%
Indonesia59.930.054.228.5-21.9%
Papua New GuineaN/A6.61.74.4-18.4%
Brunei Darussalam0.925.713.83.049.4%
NorwayN/A24.8N/A0.3-89.0%
Australia127N/A3.2N/A-84.1%
Others37.122.113.411.4-32.5%
Total282162164118-25.2%

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Singapore in 2022:

  1. Malaysia (12.7 tons)
  2. Indonesia (3.7 tons)
  3. Papua New Guinea (0.5 tons)
  4. Brunei Darussalam (0.3 tons)

Source: IndexBox Market Intelligence Platform

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