Report Update: May 1, 2024

Singapore - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights

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Escalator Price in Singapore - 2022

Escalator Price in Singapore (CIF) - 2022

In 2022, the average escalator import price amounted to $14,306 per unit, reducing by -7.3% against the previous year. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in 2018 an increase of 124% against the previous year. As a result, import price attained the peak level of $52,872 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 China ($14,490 per unit), while the price for Malaysia amounted to $1,066 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-2.1%), while the prices for the other major suppliers experienced a decline.

Escalator Price in Singapore (FOB) - 2022

In 2022, the average escalator export price amounted to $10,070 per unit, surging by 59% against the previous year. Overall, the export price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of 69%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 China ($10,300 per unit), while the average price for exports to Malaysia amounted to $6,383 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.

Escalator Imports in Singapore

In 2022, the amount of escalators and moving WalkWays imported into Singapore soared to 1.5K units, growing by 77% against the previous year's figure. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 339%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, escalator imports skyrocketed to $22M in 2022. Over the period under review, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 181%. Imports peaked at $28M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Escalator in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	27.8	4.7	13.4	21.9	-7.6%
Others	N/A	N/A	N/A	N/A	0%
Total	27.9	4.8	13.4	21.9	-7.8%

Top Suppliers of Escalator to Singapore in 2022:

China (1510.0 units)

Escalator Exports in Singapore

In 2022, the amount of escalators and moving WalkWays exported from Singapore soared to 17 units, picking up by 113% compared with 2021. Overall, exports, however, faced a sharp descent. The exports peaked at 112 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, escalator exports soared to $171K in 2022. Over the period under review, exports, however, showed a dramatic contraction. The exports peaked at $637K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Escalator in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	322	N/A	N/A	165	-20.0%
Malaysia	0.9	28.6	N/A	6.4	92.3%
Hong Kong SAR	1.9	N/A	N/A	N/A	0%
Vietnam	N/A	2.6	46.1	N/A	1673.1%
United Kingdom	250	N/A	N/A	N/A	0%
Indonesia	62.5	1.5	N/A	N/A	-97.6%
Others	N/A	38.0	4.6	N/A	-87.9%
Total	637	70.7	50.8	171	-35.5%

Top Export Markets for Escalator from Singapore in 2022:

China (16.0 units)
Malaysia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the escalator 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 28221670 - Escalators and moving walkways

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023