Singapore: Narrow Woven Fabric Market 2025

Narrow Woven Fabric Market Size in Singapore

In 2021, after three years of decline, there was significant growth in the Singaporean narrow woven fabric market, when its value increased by 9.4% to $X. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Narrow Woven Fabric Production in Singapore

In value terms, narrow woven fabric production dropped to $X in 2021 estimated in export price. Overall, production, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2015 when the production volume increased by 147% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Narrow Woven Fabric Exports

Exports from Singapore

In 2021, overseas shipments of narrow woven fabrics increased by 26% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 60%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, narrow woven fabric exports fell modestly to $X in 2021. Overall, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2015 when exports increased by 38%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons), Malaysia (X tons) and Japan (X tons) were the main destinations of narrow woven fabric exports from Singapore, with a combined 45% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +44.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and Japan ($X) appeared to be the largest markets for narrow woven fabric exported from Singapore worldwide, together accounting for 52% of total exports.

Among the main countries of destination, Japan, with a CAGR of +31.0%, saw 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

In 2021, the average narrow woven fabric export price amounted to $X per ton, reducing by -23.3% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 6.6% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (-3.3%), while the prices for the other major destinations experienced a decline.

Narrow Woven Fabric Imports

Imports into Singapore

In 2021, after two years of decline, there was significant growth in overseas purchases of narrow woven fabrics, when their volume increased by 37% to X tons. Over the period under review, imports, however, showed a abrupt shrinkage. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, narrow woven fabric imports soared to $X in 2021. In general, imports, however, continue to indicate a deep reduction. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and France (X tons) were the main suppliers of narrow woven fabric imports to Singapore, together comprising 58% of total imports. Italy, Malaysia, South Korea, Taiwan (Chinese), Hong Kong SAR, the UK, Germany, Vietnam, India and Belgium lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +12.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest narrow woven fabric suppliers to Singapore were China ($X), the United States ($X) and France ($X), with a combined 58% share of total imports. These countries were followed by Malaysia, Italy, Hong Kong SAR, South Korea, Taiwan (Chinese), Vietnam, the UK, Germany, India and Belgium, which together accounted for a further 34%.

Vietnam, with a CAGR of +13.8%, saw the highest rates of growth with regard to 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

In 2021, the average narrow woven fabric import price amounted to $X per ton, growing by 9% against the previous year. Overall, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 13%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, 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 Hong Kong SAR ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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