Singapore - Agricultural Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAgricultural Appliance Price in Singapore - 2022
Contents:
- Agricultural Appliance Price in Singapore (FOB) - 2022
- Agricultural Appliance Price in Singapore (CIF) - 2022
- Agricultural Appliance Exports in Singapore
- Agricultural Appliance Imports in Singapore
Agricultural Appliance Price in Singapore (FOB) - 2022
The average agricultural appliance export price stood at $39 per unit in 2022, rising by 11% against the previous year. Overall, the export price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 90%. Over the period under review, the average export prices attained the maximum at $66 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($553 per unit), while the average price for exports to Saudi Arabia ($4.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Agricultural Appliance Price in Singapore (CIF) - 2022
The average agricultural appliance import price stood at $6.2 per unit in 2022, rising by 8.2% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 72%. As a result, import price attained the peak level of $31 per unit. From 2019 to 2022, 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 Israel ($24 per unit), while the price for India ($1.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (-3.8%), while the prices for the other major suppliers experienced a decline.
Agricultural Appliance Exports in Singapore
After three years of growth, overseas shipments of agricultural appliances decreased by -80.8% to 13K units in 2022. In general, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2020 when exports increased by 79% against the previous year. Over the period under review, the exports hit record highs at 69K units in 2021, and then dropped sharply in the following year.
In value terms, agricultural appliance exports dropped rapidly to $515K in 2022. Over the period under review, exports saw a precipitous decrease. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. The exports peaked at $2.4M in 2021, and then contracted markedly in the following year.
| Export of Agricultural Appliance in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 826 | 963 | 936 | 205 | -37.2% |
| United States | 0.2 | 290 | 680 | 141 | 790.0% |
| Saudi Arabia | 4.6 | 189 | 227 | 47.0 | 117.0% |
| Indonesia | 268 | 71.6 | 168 | 37.3 | -48.2% |
| Vietnam | 31.4 | 296 | 58.9 | 30.6 | -0.9% |
| Nigeria | 72.6 | 22.6 | 129 | 26.8 | -28.3% |
| Others | 180 | 172 | 219 | 28.1 | -46.2% |
| Total | 1,382 | 2,005 | 2,417 | 515 | -28.0% |
Top Export Markets for Agricultural Appliance from Singapore in 2022:
- Saudi Arabia (10.1K units)
- Nigeria (1.0K units)
- Malaysia (0.8K units)
- Indonesia (0.6K units)
- United States (0.3K units)
- Vietnam (0.2K units)
Agricultural Appliance Imports in Singapore
In 2022, purchases abroad of agricultural appliances decreased by -18% to 235K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, imports reached the peak of 286K units, and then shrank dramatically in the following year.
In value terms, agricultural appliance imports shrank to $1.5M in 2022. In general, imports faced a abrupt curtailment. The smallest decline of -5.9% was in 2020. Imports peaked at $2.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Agricultural Appliance in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 101 | 128 | 343 | 300 | 43.7% |
| Mexico | 651 | 121 | 109 | 191 | -33.6% |
| United States | 209 | 260 | 194 | 169 | -6.8% |
| Spain | 197 | 149 | 143 | 125 | -14.1% |
| India | 16.2 | 101 | 115 | 100 | 83.4% |
| Italy | 62.6 | 209 | 110 | 95.7 | 15.2% |
| Australia | 316 | 20.7 | 16.4 | 75.1 | -38.1% |
| Bulgaria | 103 | 121 | 33.9 | 53.4 | -19.7% |
| Thailand | 10.3 | 10.1 | 35.6 | 31.1 | 44.5% |
| Others | 437 | 859 | 542 | 315 | -10.3% |
| Total | 2,104 | 1,979 | 1,641 | 1,455 | -11.6% |
Top Suppliers of Agricultural Appliance to Singapore in 2022:
- China (74.9K units)
- India (60.9K units)
- United States (28.3K units)
- Thailand (16.9K units)
- Italy (11.1K units)
- Australia (9.7K units)
- Spain (9.7K units)
- Mexico (5.9K units)
- Bulgaria (4.3K units)
This report provides an in-depth analysis of the agricultural appliance market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28306010 - Agricultural or horticultural watering appliances
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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