Report Update Nov 1, 2024

Singapore - Condoms (Sheath Contraceptives) - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Condom Market 2024

Condom Market Size in Singapore

In 2021, the Singaporean condom market increased by 23% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a prominent expansion. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Condom Production in Singapore

In value terms, condom production reduced sharply to $X in 2021 estimated in export price. In general, production faced a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of 91% against the previous year. Condom production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Condom Exports

Exports from Singapore

In 2021, after two years of growth, there was significant decline in overseas shipments of condoms (sheath contraceptives), when their volume decreased by -38.4% to X units. Overall, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2019 with an increase of 106%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, condom exports reduced to $X in 2021. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2019 when exports increased by 52%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X units), Greece (X units) and South Korea (X units) were the main destinations of condom exports from Singapore, together accounting for 31% of total exports.

From 2012 to 2021, the biggest increases were recorded for Greece (with a CAGR of +807.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Yemen ($X) and Taiwan (Chinese) ($X) constituted the largest markets for condom exported from Singapore worldwide, with a combined 39% share of total exports.

Among the main countries of destination, Greece, with a CAGR of +1,220.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Condom Imports

Imports into Singapore

After two years of growth, overseas purchases of condoms (sheath contraceptives) decreased by -6% to X units in 2021. Over the period under review, imports saw a precipitous curtailment. The growth pace was the most rapid in 2014 with an increase of 71%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, condom imports dropped slightly to $X in 2021. In general, imports recorded a dramatic descent. The pace of growth appeared the most rapid in 2014 when imports increased by 81% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Malaysia (X units) constituted the largest condom supplier to Singapore, with a 74% share of total imports. Moreover, condom imports from Malaysia exceeded the figures recorded by the second-largest supplier, Japan (X units), fivefold. The third position in this ranking was held by Thailand (X units), with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia totaled -21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-12.3% per year) and Thailand (-33.1% per year).

In value terms, Malaysia ($X) constituted the largest supplier of condoms (sheath contraceptives) to Singapore, comprising 74% of total imports. The second position in the ranking was held by Japan ($X), with a 14% share of total imports. It was followed by Thailand, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Malaysia totaled -17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-7.3% per year) and Thailand (-29.2% per year).

Import Prices by Country

The average condom import price stood at $X per thousand units in 2021, with an increase of 5.9% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, condom import price increased by +66.9% against 2013 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 14%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Japan ($X per thousand units) and China ($X per thousand units), while the price for Thailand ($X per thousand units) and Hong Kong SAR ($X per thousand units) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condoms (sheath contraceptives) in the world?

The countries with the highest volumes of in 2021 were Malaysia, India and China, with a combined 37% share of global consumption. These countries were followed by Brazil, Russia, South Africa, Nigeria, Thailand, Zambia, Uganda and France, which together accounted for a further 24%.

What are the largest producers of condoms (sheath contraceptives) in the world?

The countries with the highest volumes of in 2021 were Malaysia, Thailand and India, with a combined 86% share of global production.

What are the leading suppliers of condoms (sheath contraceptives) to Singapore?

In value terms, Malaysia constituted the largest supplier of condoms to Singapore, comprising 65% of total imports. The second position in the ranking was occupied by Thailand, with a 21% share of total imports.

What are the leading importers of condoms (sheath contraceptives) from Singapore?

In value terms, South Korea, Hong Kong SAR and Taiwan Chinese) were the largest markets for condoms exported from Singapore worldwide, together accounting for 53% of total exports. Spain, Indonesia, Brazil, Bangladesh, China, Vietnam, Australia, South Africa, France and Malaysia lagged somewhat behind, together accounting for a further 44%.

What is the average export price for condoms (sheath contraceptives) in Singapore?

The average condoms export price stood at $23 per thousand units in 2021, dropping by -3.6% against the previous year.

What is the average import price for condoms (sheath contraceptives) in Singapore?

In 2021, the average condoms import price amounted to $28 per thousand units, shrinking by -30% against the previous year.

This report provides an in-depth analysis of the condom 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 22197120 - Sheath contraceptives

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023