Singapore: Market for Plastic Tableware And Kitchenware 2025

Market Size for Plastic Tableware And Kitchenware in Singapore

The Singaporean plastic tableware and kitchenware market amounted to $X in 2022, increasing by 5.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +5.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plastic tableware and kitchenware consumption peaked in 2022 and is expected to retain growth in years to come.

Exports of Plastic Tableware And Kitchenware

Exports from Singapore

In 2022, the amount of plastic tableware and kitchenware exported from Singapore soared to X tons, picking up by 36% against the previous year's figure. In general, exports, however, recorded a relatively flat trend pattern. The exports peaked at X tons in 2012; afterwards, it flattened through to 2022.

In value terms, plastic tableware and kitchenware exports surged to $X in 2022. Over the period under review, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Malaysia (X tons) and the Philippines (X tons) were the main destinations of plastic tableware and kitchenware exports from Singapore, together accounting for 52% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +19.7%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and the Philippines ($X) appeared to be the largest markets for plastic tableware and kitchenware exported from Singapore worldwide, with a combined 50% share of total exports.

Among the main countries of destination, China, with a CAGR of +22.1%, 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.

Export Prices by Country

The average plastic tableware and kitchenware export price stood at $X per ton in 2022, surging by 9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Micronesia ($X per ton), while the average price for exports to the United Arab Emirates ($X 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 Micronesia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Tableware And Kitchenware

Imports into Singapore

In 2022, imports of plastic tableware and kitchenware into Singapore soared to X tons, rising by 35% compared with 2021 figures. The total import volume increased at an average annual rate of +5.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic tableware and kitchenware imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 24% against the previous year. Imports peaked at $X in 2021, and then fell modestly in the following year.

Imports by Country

Malaysia (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of plastic tableware and kitchenware imports to Singapore, with a combined 83% share of total imports. Indonesia, Japan, Thailand and the United States lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +16.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic tableware and kitchenware suppliers to Singapore were Malaysia ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for 78% of total imports. Indonesia, Japan, Thailand and the United States lagged somewhat behind, together comprising a further 16%.

Indonesia, with a CAGR of +17.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic tableware and kitchenware import price stood at $X per ton in 2022, dropping by -28% against the previous year. Overall, the import price showed a slight slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 8.5% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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