Calculating Machines; Non-Electronic Price in Singapore - 2022

Contents:

  1. Calculating Machines; Non-Electronic Price in Singapore (FOB) - 2022
  2. Calculating Machines; Non-Electronic Price in Singapore (CIF) - 2022
  3. Calculating Machines; Non-Electronic Exports in Singapore
  4. Calculating Machines; Non-Electronic Imports in Singapore

Calculating Machines; Non-Electronic Price in Singapore (FOB) - 2022

The average calculating machines; non-electronic export price stood at $93 per unit in 2022, growing by 99% against the previous year. In general, the export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2015 an increase of 162%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($333 per unit), while the average price for exports to Malaysia ($6.5 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 Japan (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Calculating Machines; Non-Electronic Price in Singapore (CIF) - 2022

The average calculating machines; non-electronic import price stood at $5.6 per unit in 2022, waning by -31.1% against the previous year. In general, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 54%. The import price peaked at $16 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Malaysia ($12 per unit), while the price for China stood at $3.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.6%).

Calculating Machines; Non-Electronic Exports in Singapore

For the third year in a row, Singapore recorded decline in overseas shipments of calculating machines; non-electronics, which decreased by -44.7% to 6.6K units in 2022. Overall, exports continue to indicate a sharp contraction. The smallest decline of -31.3% was in 2021. Over the period under review, the exports hit record highs at 69K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, calculating machines; non-electronic exports rose remarkably to $618K in 2022. Over the period under review, exports continue to indicate a sharp reduction. The exports peaked at $1.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Calculating Machines; Non-Electronic in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan795253340384-21.5%
VietnamN/AN/AN/A32.00%
Malaysia73.537.718.729.1-26.6%
Indonesia82.173.788.013.4-45.4%
Thailand44.818.768.70.8-73.9%
Papua New GuineaN/A11.7N/AN/A0%
Philippines431N/AN/AN/A0%
Denmark166N/AN/AN/A0%
Others64.317744.515935.2%
Total1,656572560618-28.0%

Top Export Markets for Calculating Machines; Non-Electronic from Singapore in 2022:

  1. Thailand (undefinedK units)
  2. Malaysia (4.5K units)
  3. Japan (1.2K units)
  4. Indonesia (0.6K units)
  5. Vietnam (0.3K units)

Calculating Machines; Non-Electronic Imports in Singapore

In 2022, after two years of decline, there was significant growth in purchases abroad of calculating machines; non-electronics, when their volume increased by 94% to 100K units. In general, imports, however, faced a deep downturn. Over the period under review, imports hit record highs at 180K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, calculating machines; non-electronic imports soared to $555K in 2022. Overall, imports, however, showed a precipitous decline. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Calculating Machines; Non-Electronic in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China682252187359-19.3%
Indonesia637154200180-34.4%
Malaysia98.85.14.53.6-66.8%
Others21.010424.112.5-15.9%
Total1,438515416555-27.2%

Top Suppliers of Calculating Machines; Non-Electronic to Singapore in 2022:

  1. China (98.4K units)
  2. Indonesia (1.0K units)
  3. Malaysia (0.3K units)

Source: IndexBox Market Intelligence Platform

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