Singapore: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2025

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Singapore

The Singaporean high-tenacity filament nylon yarn market stood at $X in 2022, with an increase of 3.8% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Singapore

In value terms, high-tenacity filament nylon yarn production expanded modestly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 50% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Singapore

In 2022, shipments abroad of high-tenacity filament yarn of nylon or other polyamides increased by 2,157% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a pronounced expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament nylon yarn exports surged to $X in 2022. In general, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia (X tons) was the main destination for high-tenacity filament nylon yarn exports from Singapore, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Indonesia amounted to +4.1%.

In value terms, Indonesia ($X) also remains the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Singapore.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia totaled +9.6%.

Export Prices by Country

In 2022, the average high-tenacity filament nylon yarn export price amounted to $X per ton, with a decrease of -22.5% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of 123% against the previous year. The export price peaked at $X per ton in 2021, and then declined significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +5.3% per year.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Singapore

In 2022, overseas purchases of high-tenacity filament yarn of nylon or other polyamides increased by 1,343% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament nylon yarn imports surged to $X in 2022. Overall, imports recorded resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 428% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of high-tenacity filament nylon yarn to Singapore, with a 78% share of total imports. Moreover, high-tenacity filament nylon yarn imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +21.0%.

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to Singapore, comprising 71% of total imports. The second position in the ranking was taken by Japan ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +26.0%.

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, dropping by -67.7% against the previous year. In general, the import price, however, saw noticeable growth. The pace of growth was the most pronounced in 2021 an increase of 287% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank sharply in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Japan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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