Singapore: Mould For Glass Market 2025

Mould For Glass Market Size in Singapore

After three years of decline, the Singaporean mould for glass market increased by 7.2% to $X in 2021. Over the period under review, consumption continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Mould For Glass Production in Singapore

In value terms, mould for glass production expanded significantly to $X in 2021 estimated in export price. Overall, production posted a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 77%. Mould for glass production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Mould For Glass Exports

Exports from Singapore

In 2021, approx. X units of moulds for glass were exported from Singapore; jumping by 58% on 2020. Over the period under review, exports showed a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 252%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mould for glass exports soared to $X in 2021. Overall, exports recorded strong growth. The pace of growth was the most pronounced in 2019 with an increase of 240%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), Malaysia (X units) and the Philippines (X units) were the main destinations of mould for glass exports from Singapore, with a combined 98% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +80.5%), while the other leaders experienced mixed trend patterns.

In value terms, China ($X), Malaysia ($X) and the Philippines ($X) constituted the largest markets for mould for glass exported from Singapore worldwide, together comprising 97% of total exports.

China, with a CAGR of +76.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average mould for glass export price amounted to $X per unit, which is down by -12.9% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 36%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to the Philippines ($X per unit) and Indonesia ($X per unit), while the average price for exports to Malaysia ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Mould For Glass Imports

Imports into Singapore

In 2021, imports of moulds for glass into Singapore soared to X units, with an increase of 61% against the year before. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 188% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, mould for glass imports soared to $X in 2021. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 385%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of mould for glass to Singapore, with a 74% share of total imports. Moreover, mould for glass imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X units), fourfold. The third position in this ranking was taken by India (X units), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +53.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+28.0% per year) and India (-59.7% per year).

In value terms, China ($X) constituted the largest supplier of moulds for glass to Singapore, comprising 74% of total imports. The second position in the ranking was held by Switzerland ($X), with an 18% share of total imports. It was followed by India, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +55.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+33.3% per year) and India (-58.1% per year).

Import Prices by Country

In 2021, the average mould for glass import price amounted to $X per unit, increasing by 5.4% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mould for glass import price increased by +8.1% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 82% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Malaysia ($X per unit) and India ($X per unit), while the price for Japan ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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