Singapore - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Fabric Price in Singapore - 2022
Contents:
- Woolen Fabric Price in Singapore (CIF) - 2022
- Woolen Fabric Price in Singapore (FOB) - 2022
- Woolen Fabric Imports in Singapore
- Woolen Fabric Exports in Singapore
Woolen Fabric Price in Singapore (CIF) - 2022
In September 2022, the average woolen fabric import price amounted to $12.3 per square meter, growing by 18% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $14.6 per square meter in July 2022; however, from August 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Italy ($14.0 per square meter), while the price for India ($8.6 per square meter) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Fabric Price in Singapore (FOB) - 2022
The average woolen fabric export price stood at $10 per square meter in 2022, waning by -7.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 12% against the previous year. As a result, the export price reached the peak level of $13 per square meter. From 2021 to 2022, the average 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 Malaysia ($18 per square meter), while the average price for exports to India ($8.6 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 (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Fabric Imports in Singapore
In 2022, supplies from abroad of woven woolen fabrics was finally on the rise to reach 582K square meters for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt descent. Over the period under review, imports hit record highs at 822K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, woolen fabric imports soared to $6.4M in 2022. Overall, imports, however, showed a drastic downturn. Imports peaked at $8.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Woolen Fabric in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,595 | 808 | 1,461 | 2,412 | -2.4% |
| Italy | 3,843 | 3,854 | 1,679 | 1,948 | -20.3% |
| United Kingdom | 969 | 545 | 348 | 661 | -12.0% |
| Germany | 475 | 482 | 14.5 | 217 | -23.0% |
| United States | 111 | 31.1 | 27.4 | 197 | 21.1% |
| India | 78.6 | 7.4 | 45.1 | 163 | 27.5% |
| Chile | 38.7 | 38.2 | 64.5 | 144 | 55.0% |
| Lithuania | 53.5 | 21.7 | 23.3 | 144 | 39.1% |
| Hong Kong SAR | 66.0 | 28.4 | 37.7 | 119 | 21.7% |
| Denmark | 226 | 73.0 | 76.5 | 43.7 | -42.2% |
| Others | 447 | 490 | 1,072 | 368 | -6.3% |
| Total | 8,903 | 6,378 | 4,849 | 6,416 | -10.3% |
Top Suppliers of Woolen Fabric to Singapore in 2022:
- China (272.4K square meters)
- Italy (140.0K square meters)
- United Kingdom (50.6K square meters)
- Germany (18.5K square meters)
- United States (16.5K square meters)
- India (15.8K square meters)
- Lithuania (12.3K square meters)
- Chile (12.0K square meters)
- Hong Kong SAR (10.3K square meters)
- Denmark (3.9K square meters)
Woolen Fabric Exports in Singapore
In 2022, approx. 300K square meters of woven woolen fabrics were exported from Singapore; with a decrease of -17.7% on the previous year. In general, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 37%. The exports peaked at 410K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, woolen fabric exports shrank dramatically to $3.1M in 2022. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. The exports peaked at $4.6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Woolen Fabric in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,835 | 338 | 1,450 | 1,354 | -9.6% |
| Thailand | 426 | 80.8 | 456 | 447 | 1.6% |
| Vietnam | 68.4 | 780 | 157 | 337 | 70.2% |
| China | 1,095 | 1,248 | 628 | 325 | -33.3% |
| United Arab Emirates | 4.1 | 2.3 | 0.3 | 228 | 281.7% |
| Indonesia | 238 | 280 | 690 | 195 | -6.4% |
| Malaysia | 410 | 559 | 61.8 | 119 | -33.8% |
| Hong Kong SAR | 183 | 10.6 | 213 | 34.2 | -42.8% |
| Others | 343 | 51.7 | 395 | 57.9 | -44.7% |
| Total | 4,604 | 3,350 | 4,051 | 3,098 | -12.4% |
Top Export Markets for Woolen Fabric from Singapore in 2022:
- India (158.0K square meters)
- Vietnam (36.2K square meters)
- Thailand (30.3K square meters)
- United Arab Emirates (25.5K square meters)
- China (22.6K square meters)
- Indonesia (12.3K square meters)
- Malaysia (6.8K square meters)
- Hong Kong SAR (2.4K square meters)
This report provides an in-depth analysis of the woolen fabric market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13201230 - Woven fabrics of carded wool or carded fine animal hair
- Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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