Singapore: Market for Uncoated Mechanical Printing and Writing Papers 2024

Market Size for Uncoated Mechanical Printing and Writing Papers in Singapore

The Singaporean market for uncoated mechanical printing and writing papers soared to $X in 2021, surging by 245% against the previous year. In general, consumption, however, continues to indicate a deep reduction. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Uncoated Mechanical Printing and Writing Papers in Singapore

In value terms, production of uncoated mechanical printing and writing papers reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, showed resilient growth. The growth pace was the most rapid in 2020 when the production volume increased by 113%. As a result, production reached the peak level of $X, and then reduced sharply in the following year.

Exports of Uncoated Mechanical Printing and Writing Papers

Exports from Singapore

After two years of growth, shipments abroad of uncoated mechanical printing and writing papers decreased by -58.1% to X tons in 2021. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 215%. The exports peaked at X tons in 2020, and then fell notably in the following year.

In value terms, exports of uncoated mechanical printing and writing papers dropped significantly to $X in 2021. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 114% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tons) was the main destination for exports of uncoated mechanical printing and writing papers from Singapore, with a 49% share of total exports. Moreover, exports of uncoated mechanical printing and writing papers to Pakistan exceeded the volume sent to the second major destination, India (X tons), fourfold. Madagascar (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Pakistan stood at +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+18.0% per year) and Madagascar (-23.7% per year).

In value terms, Pakistan ($X) remains the key foreign market for uncoated mechanical printing and writing papers exports from Singapore, comprising 43% of total exports. The second position in the ranking was held by Madagascar ($X), with a 14% share of total exports. It was followed by India, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Pakistan totaled +29.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Madagascar (-14.6% per year) and India (+5.9% per year).

Export Prices by Country

The average export price for uncoated mechanical printing and writing papers stood at $X per ton in 2021, with an increase of 48% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. The export price peaked 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 Papua New Guinea ($X per ton), while the average price for exports to Pakistan ($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 Papua New Guinea (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncoated Mechanical Printing and Writing Papers

Imports into Singapore

In 2021, purchases abroad of uncoated mechanical printing and writing papers increased by 187% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a deep slump. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of uncoated mechanical printing and writing papers soared to $X in 2021. Over the period under review, imports, however, saw a abrupt downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Indonesia (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of imports of uncoated mechanical printing and writing papers to Singapore, with a combined 91% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +41.7%), while imports for the other leaders experienced a decline.

In value terms, Indonesia ($X), Malaysia ($X) and China ($X) constituted the largest uncoated mechanical printing and writing papers suppliers to Singapore, with a combined 92% share of total imports.

Malaysia, with a CAGR of +38.4%, 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 a decline.

Import Prices by Country

The average import price for uncoated mechanical printing and writing papers stood at $X per ton in 2021, with an increase of 2.9% against the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2019 when the average import price increased by 26%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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