Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore - 2023
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore (FOB) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $1,084 per unit in 2022, dropping by -14.4% against the previous year. Over the period under review, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of 142%. Over the period under review, average import prices reached the maximum at $5,284 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,553 per unit), while the price for Malaysia ($542 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore (FOB) - 2022
In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $2,279 per unit, which is down by -38.9% against the previous year. Over the period under review, the export price saw a mild slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 485%. As a result, the export price reached the peak level of $11,045 per unit. 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 Bangladesh ($6,358 per unit), while the average price for exports to France ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore
In 2022, the amount of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses imported into Singapore soared to 2.2K units, growing by 262% against the year before. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $2.3M in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.4 | 28.9 | 26.9 | 883 | 485.5% |
| Japan | 5.7 | N/A | 619 | 795 | 418.6% |
| China | 125 | 667 | 98.9 | 499 | 58.6% |
| United Kingdom | 498 | N/A | 2.4 | 123 | -37.3% |
| Malaysia | 0.2 | 16.5 | 7.1 | 15.2 | 323.6% |
| Germany | 29.8 | 33.5 | 0.6 | 1.1 | -66.7% |
| France | 283 | N/A | N/A | 1.1 | -84.3% |
| Others | 6.1 | 219 | 4.2 | 31.9 | 73.6% |
| Total | 951 | 966 | 759 | 2,349 | 35.2% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Singapore in 2022:
- Japan (1073.0 units)
- United States (546.0 units)
- China (446.0 units)
- United Kingdom (48.0 units)
- Malaysia (28.0 units)
- Germany (2.0 units)
- France (1.0 units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore
Exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses from Singapore surged to 105 units in 2022, rising by 144% against the year before. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $239K in 2022. The total export value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 90.6 | 79.5 | 50.5 | 532.1% |
| Indonesia | 28.9 | 19.8 | 15.8 | 35.8 | 7.4% |
| Vietnam | 38.4 | 48.3 | 15.2 | 29.7 | -8.2% |
| Bangladesh | 2.9 | N/A | 1.8 | 25.4 | 106.1% |
| Cambodia | N/A | N/A | N/A | 13.7 | 0% |
| Malaysia | 108 | 1.2 | N/A | 6.1 | -61.6% |
| Luxembourg | N/A | N/A | N/A | 2.9 | 0% |
| India | N/A | 0.6 | 0.1 | 0.2 | -42.3% |
| France | N/A | N/A | N/A | N/A | 0% |
| Others | 3.6 | 42.0 | 48.0 | 74.9 | 175.0% |
| Total | 182 | 203 | 160 | 239 | 9.5% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Singapore in 2022:
- Indonesia (35.0 units)
- Luxembourg (21.0 units)
- United States (18.0 units)
- Vietnam (11.0 units)
- Bangladesh (4.0 units)
- Cambodia (3.0 units)
- France (2.0 units)
- India (1.0 units)
- Malaysia (1.0 units)
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