Stationery Product Price in Singapore - 2022

Stationery Product Price in Singapore (CIF) - 2022

The average stationery product import price stood at $1,818 per ton in 2022, falling by -4.2% against the previous year. Over the period under review, the import price recorded a perceptible descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by 66% against the previous year. The import price peaked at $3,500 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,134 per ton), while the price for Hong Kong SAR ($730 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Stationery Product Price in Singapore (FOB) - 2022

The average stationery product export price stood at $3,726 per ton in 2022, with an increase of 31% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stationery product export price increased by +47.9% against 2020 indices. The growth pace was the most rapid in 2018 when the average export price increased by 40% against the previous year. As a result, the export price attained the peak level of $4,091 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($7,557 per ton), while the average price for exports to Bangladesh ($675 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Stationery Product Imports in Singapore

In 2022, the amount of stationery products imported into Singapore soared to 34K tons, growing by 48% against 2021 figures. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 60%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, stationery product imports surged to $62M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Stationery Product in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	19.0	12.5	15.7	21.0	3.4%
Malaysia	11.2	10.7	11.8	18.9	19.1%
United States	4.9	3.1	2.4	4.6	-2.1%
France	3.4	2.1	3.2	3.2	-2.0%
Hong Kong SAR	4.4	1.5	1.3	2.8	-14.0%
Japan	1.3	1.2	1.3	1.9	13.5%
Indonesia	1.2	1.0	3.4	1.5	7.7%
Taiwan (Chinese)	0.7	0.3	0.7	1.4	26.0%
Others	7.4	3.7	4.3	7.1	-1.4%
Total	53.6	36.2	44.1	62.3	5.1%

Top Suppliers of Stationery Product to Singapore in 2022:

China (11.9K tons)
Malaysia (11.3K tons)
Hong Kong SAR (3.9K tons)
Indonesia (2.0K tons)
Taiwan (Chinese) (0.9K tons)
United States (0.9K tons)
Japan (0.6K tons)
France (0.4K tons)

Stationery Product Exports in Singapore

In 2022, approx. 9.4K tons of stationery products were exported from Singapore; increasing by 15% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, stationery product exports skyrocketed to $35M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Stationery Product in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	6.1	4.5	4.7	7.8	8.5%
Malaysia	2.5	2.5	4.0	4.4	20.7%
Brunei Darussalam	3.9	3.8	1.8	3.2	-6.4%
United States	1.0	3.3	1.6	3.1	45.8%
Hong Kong SAR	1.2	1.0	0.8	2.5	27.7%
Indonesia	2.0	1.6	1.4	2.3	4.8%
Thailand	1.6	1.1	0.8	1.5	-2.1%
Vietnam	0.3	0.9	0.6	1.2	58.7%
Philippines	0.9	0.6	0.6	1.1	6.9%
Canada	0.4	0.8	0.3	0.8	26.0%
Pakistan	0.9	2.6	1.5	0.8	-3.9%
India	0.2	0.5	0.5	0.4	26.0%
Bangladesh	0.2	0.5	0.3	0.2	0.0%
Others	5.6	5.0	4.3	5.9	1.8%
Total	26.8	28.6	23.2	35.0	9.3%