Singapore - Airplanes And Other Aircraft - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAircraft Price in Singapore - 2022
Contents:
- Aircraft Price in Singapore (FOB) - 2022
- Aircraft Price in Singapore (CIF) - 2022
- Aircraft Exports in Singapore
- Aircraft Imports in Singapore
Aircraft Price in Singapore (FOB) - 2022
In 2022, the average aircraft export price amounted to $5,749 per unit, dropping by -46.5% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 226% against the previous year. Over the period under review, the average export prices reached the peak figure at $129,179 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($33,474 per unit), while the average price for exports to Sri Lanka ($115 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 Pakistan (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.
Aircraft Price in Singapore (CIF) - 2022
In 2022, the average aircraft import price amounted to $7,465 per unit, increasing by 19% against the previous year. In general, the import price, however, faced a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 297%. The import price peaked at $31,244 per unit in 2012; however, from 2013 to 2022, 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 the Czech Republic ($62,103 per unit), while the price for Belgium ($1,663 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Aircraft Exports in Singapore
After three years of growth, overseas shipments of airplanes and other aircraft decreased by -65.6% to 373 units in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 221% against the previous year. As a result, the exports reached the peak of 1.1K units, and then reduced rapidly in the following year.
In value terms, aircraft exports fell rapidly to $2.1M in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 196%. As a result, the exports attained the peak of $12M, and then fell dramatically in the following year.
| Export of Aircraft in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | 1,623 | 5,983 | 1,281 | -11.2% |
| Indonesia | 3,017 | 386 | 64.0 | 234 | -57.4% |
| Finland | N/A | 348 | 314 | 147 | -35.0% |
| Spain | N/A | N/A | N/A | 78.2 | 0% |
| Kazakhstan | N/A | N/A | N/A | 73.0 | 0% |
| Pakistan | N/A | N/A | 67.2 | 58.8 | -12.5% |
| United Kingdom | N/A | N/A | 153 | 22.8 | -85.1% |
| Sri Lanka | N/A | N/A | N/A | 1.8 | 0% |
| United States | 126 | 1,524 | 4,327 | N/A | 486.0% |
| Canada | 1,079 | 7.9 | N/A | N/A | -99.3% |
| Others | 73.9 | 49.0 | 737 | 247 | 49.5% |
| Total | 4,295 | 3,938 | 11,646 | 2,145 | -20.7% |
Top Export Markets for Aircraft from Singapore in 2022:
- Spain (223.0 units)
- Australia (39.0 units)
- Finland (35.0 units)
- Pakistan (20.0 units)
- Sri Lanka (16.0 units)
- Kazakhstan (13.0 units)
- Indonesia (7.0 units)
- United Kingdom (5.0 units)
Aircraft Imports in Singapore
In 2022, supplies from abroad of airplanes and other aircraft decreased by -65.1% to 371 units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of 313% against the previous year. As a result, imports attained the peak of 1.4K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, aircraft imports reduced rapidly to $2.8M in 2022. In general, imports, however, continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2020 when imports increased by 94%. Imports peaked at $6.6M in 2021, and then fell markedly in the following year.
| Import of Aircraft in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | 3.6 | 4.7 | 1.4 | 67.1% |
| Czech Republic | N/A | N/A | N/A | 0.4 | 0% |
| United States | 0.4 | 1.2 | 0.1 | 0.2 | -20.6% |
| Norway | 0.8 | N/A | N/A | N/A | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Vietnam | N/A | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.3 | 1.8 | 0.7 | -11.2% |
| Total | 2.6 | 5.0 | 6.6 | 2.8 | 2.5% |
Top Suppliers of Aircraft to Singapore in 2022:
- China (315.0 units)
- Belgium (30.0 units)
- United States (8.0 units)
- Czech Republic (6.0 units)
This report provides an in-depth analysis of the aircraft 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 30303200 - Aeroplanes and other aircraft of an unladen weight . 2 .000 kg, for civil use
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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