Singapore: Market for Tailor Dummies And Automata 2024

Market Size for Tailor Dummies And Automata in Singapore

The Singaporean tailor dummies and automata market shrank slightly to $X in 2021, waning by -2.7% against the previous year. In general, consumption recorded a abrupt descent. Tailor dummies and automata consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Tailor Dummies And Automata in Singapore

In value terms, tailor dummies and automata production declined notably to $X in 2021 estimated in export price. Overall, production continues to indicate a sharp downturn. Over the period under review, production hit record highs at $X in 2020, and then fell dramatically in the following year.

Exports of Tailor Dummies And Automata

Exports from Singapore

In 2021, overseas shipments of tailor dummies and automata were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 84%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, tailor dummies and automata exports contracted slightly to $X in 2021. Overall, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by 91% 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

Indonesia (X tons), Thailand (X tons) and Taiwan (Chinese) (X tons) were the main destinations of tailor dummies and automata exports from Singapore, together comprising 70% of total exports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +54.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Thailand ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for tailor dummies and automata exported from Singapore worldwide, together accounting for 70% of total exports.

Among the main countries of destination, Thailand, with a CAGR of +51.2%, recorded 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

The average tailor dummies and automata export price stood at $X per ton in 2021, waning by -27.5% against the previous year. Overall, the export price saw a perceptible decline. The pace of growth was the most pronounced in 2018 an increase of 13% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then plummeted in the following year.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Vietnam ($X per ton) and the Philippines ($X per ton), while the average price for exports to Malaysia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-2.3%), while the prices for the other major destinations experienced a decline.

Imports of Tailor Dummies And Automata

Imports into Singapore

In 2021, purchases abroad of tailor dummies and automata was finally on the rise to reach X tons after four years of decline. Overall, imports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 76% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, tailor dummies and automata imports surged to $X in 2021. Over the period under review, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 68%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest tailor dummies and automata supplier to Singapore, accounting for a 42% share of total imports. Moreover, tailor dummies and automata imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+23.9% per year) and Spain (-7.1% per year).

In value terms, China ($X) constituted the largest supplier of tailor dummies and automata to Singapore, comprising 42% of total imports. The second position in the ranking was held by Japan ($X), with an 18% share of total imports. It was followed by Spain, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+25.5% per year) and Spain (-5.9% per year).

Import Prices by Country

The average tailor dummies and automata import price stood at $X per ton in 2021, jumping by 20% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Japan ($X per ton) and Malaysia ($X per ton), while the price for Canada ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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