Singapore: Non-Cellular Polyethylene Film Market 2025

Non-Cellular Polyethylene Film Market Size in Singapore

After two years of decline, the Singaporean non-cellular polyethylene film market increased by 39% to $X in 2021. Over the period under review, consumption posted a resilient expansion. Non-cellular polyethylene film consumption peaked in 2021 and is expected to retain growth in the near future.

Non-Cellular Polyethylene Film Production in Singapore

In value terms, non-cellular polyethylene film production rose rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by 41% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Non-Cellular Polyethylene Film Exports

Exports from Singapore

In 2021, the amount of non-cellular polyethylene films, sheets, foil and strip exported from Singapore shrank to X tons, which is down by -5.9% on 2020 figures. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 35%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, non-cellular polyethylene film exports skyrocketed to $X in 2021. Overall, exports showed a perceptible downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons), Indonesia (X tons) and Thailand (X tons) were the main destinations of non-cellular polyethylene film exports from Singapore, with a combined 57% share of total exports. China, Russia, Australia, Vietnam, India, the United States, Costa Rica, Japan, the Philippines and Angola lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of +105.8%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and Thailand ($X) constituted the largest markets for non-cellular polyethylene film exported from Singapore worldwide, with a combined 60% share of total exports. Russia, India, China, Vietnam, Australia, the United States, Costa Rica, the Philippines, Angola and Japan lagged somewhat behind, together comprising a further 34%.

Costa Rica, with a CAGR of +77.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 non-cellular polyethylene film export price amounted to $X per ton, with an increase of 26% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to China ($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 (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polyethylene Film Imports

Imports into Singapore

In 2021, approx. X tons of non-cellular polyethylene films, sheets, foil and strip were imported into Singapore; increasing by 41% against 2020 figures. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 50%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, non-cellular polyethylene film imports soared to $X in 2021. Over the period under review, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest supplier of non-cellular polyethylene film to Singapore, with a 64% share of total imports. Moreover, non-cellular polyethylene film imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Thailand (X tons), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia stood at +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+39.4% per year) and Thailand (+6.5% per year).

In value terms, the largest non-cellular polyethylene film suppliers to Singapore were China ($X), Malaysia ($X) and Thailand ($X), together comprising 72% of total imports. These countries were followed by Saudi Arabia, Vietnam, South Korea and Indonesia, which together accounted for a further 4.7%.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +51.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-cellular polyethylene film import price stood at $X per ton in 2021, waning by -4.3% against the previous year. Overall, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2016 an increase of 42%. The import price peaked at $X per ton in 2012; however, from 2013 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 Thailand ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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