Singapore: Market for Paper Trays, Dishes, Plates And Cups 2025

Market Size for Paper Trays, Dishes, Plates And Cups in Singapore

The Singaporean paper dishes and cups market soared to $X in 2021, jumping by 24% 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 +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Paper Trays, Dishes, Plates And Cups

Exports from Singapore

Paper dishes and cups exports from Singapore reduced to X tons in 2021, falling by -7% compared with 2020 figures. In general, exports showed a noticeable descent. The growth pace was the most rapid in 2015 when exports increased by 18% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, paper dishes and cups exports reduced to $X in 2021. Over the period under review, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for paper dishes and cups exports from Singapore, with a 37% share of total exports. Moreover, paper dishes and cups exports to Malaysia exceeded the volume sent to the second major destination, Australia (X tons), threefold. The third position in this ranking was held by Brunei Darussalam (X tons), with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia stood at -7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+11.7% per year) and Brunei Darussalam (+0.9% per year).

In value terms, Malaysia ($X) remains the key foreign market for paper trays, dishes, plates and cups exports from Singapore, comprising 36% of total exports. The second position in the ranking was held by Australia ($X), with an 11% share of total exports. It was followed by Brunei Darussalam, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value to Malaysia amounted to -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+16.0% per year) and Brunei Darussalam (+0.8% per year).

Export Prices by Country

The average paper dishes and cups export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 9.4%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to South Africa ($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 Australia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Trays, Dishes, Plates And Cups

Imports into Singapore

In 2021, paper dishes and cups imports into Singapore rose sharply to X tons, surging by 7.8% against the year before. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 13% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, paper dishes and cups imports soared to $X in 2021. The total import value increased at an average annual rate of +4.7% over the period from 2012 to 2021; 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.

Imports by Country

China (X tons), Malaysia (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of paper dishes and cups imports to Singapore, with a combined 83% share of total imports. These countries were followed by Indonesia, South Korea, Hong Kong SAR and Vietnam, which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +8.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper dishes and cups suppliers to Singapore were China ($X), Malaysia ($X) and Taiwan (Chinese) ($X), together accounting for 83% of total imports.

Malaysia, with a CAGR of +12.0%, saw the highest rates of growth with regard to the value of imports, in terms of 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 paper dishes and cups import price amounted to $X per ton, with an increase of 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2013 an increase of 18%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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