Report Update: May 1, 2024

Singapore - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights

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Flywheels and Pulleys Price in Singapore - 2022

Flywheels and Pulleys Price in Singapore (CIF) - 2022

The average flywheels and pulleys import price stood at $14,862 per ton in 2022, dropping by -8.1% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The growth pace was the most rapid in 2014 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $19,255 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($14,863 per ton) and Romania ($14,862 per ton), while the price for Slovakia ($14,862 per ton) and Canada ($14,862 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-1.4%), while the prices for the other major suppliers experienced a decline.

Flywheels and Pulleys Price in Singapore (FOB) - 2022

The average flywheels and pulleys export price stood at $18,076 per ton in 2022, surging by 9.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $20,361 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Philippines ($18,071 per ton) and Vietnam ($18,071 per ton), while the average price for exports to Belgium ($18,070 per ton) and Indonesia ($18,070 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (-0.6%), while the prices for the other major destinations experienced a decline.

Flywheels and Pulleys Imports in Singapore

In 2022, approx. 2K tons of flywheels and pulleys were imported into Singapore; reducing by -3% on the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports reached the peak of 2.1K tons, and then reduced slightly in the following year.

In value terms, flywheels and pulleys imports dropped to $30M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports reached the peak of $33M, and then dropped in the following year.

Import of Flywheels and Pulleys in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	7.0	7.0	6.6	8.3	5.8%
United States	5.7	6.0	5.9	6.8	6.1%
Germany	3.5	2.3	4.6	3.6	0.9%
Taiwan (Chinese)	0.3	0.8	1.5	1.5	71.0%
Slovakia	0.9	0.8	1.1	1.3	13.0%
Canada	2.5	2.2	2.4	1.1	-23.9%
Japan	1.6	1.0	1.6	1.0	-14.5%
India	0.6	0.4	0.6	0.8	10.1%
United Kingdom	0.5	0.6	0.7	0.8	17.0%
Hungary	N/A	N/A	0.2	0.6	200.0%
Romania	0.1	0.2	0.4	0.5	71.0%
Italy	0.4	0.9	0.9	0.5	7.7%
Indonesia	0.9	0.9	0.3	0.3	-30.7%
Others	3.8	4.3	6.6	2.6	-11.9%
Total	27.8	27.4	33.4	29.8	2.3%

Top Suppliers of Flywheels and Pulleys to Singapore in 2022:

China (556.0 tons)
United States (456.4 tons)
Germany (240.5 tons)
Taiwan (Chinese) (97.8 tons)
Slovakia (85.9 tons)
Canada (75.9 tons)
Japan (68.7 tons)
United Kingdom (56.2 tons)
India (55.4 tons)
Hungary (42.9 tons)
Romania (35.4 tons)
Italy (33.3 tons)
Indonesia (23.2 tons)

Flywheels and Pulleys Exports in Singapore

In 2022, approx. 1.5K tons of flywheels and pulleys were exported from Singapore; which is down by -13.4% on the previous year's figure. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 19%.

In value terms, flywheels and pulleys exports fell to $27M in 2022. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 8.5%.

Export of Flywheels and Pulleys in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	5.8	6.2	5.4	5.5	-1.8%
Thailand	5.0	3.2	4.4	3.7	-9.5%
Australia	3.1	2.9	3.6	3.5	4.1%
United States	5.2	2.2	2.5	2.5	-21.7%
Indonesia	2.2	1.6	2.6	2.4	2.9%
South Korea	0.9	1.2	1.6	1.6	21.1%
China	3.1	2.9	2.7	1.2	-27.1%
Hong Kong SAR	0.9	2.3	1.6	1.2	10.1%
Germany	0.4	0.5	0.2	0.9	31.0%
Philippines	0.5	0.5	0.6	0.7	11.9%
India	1.0	0.7	0.8	0.7	-11.2%
Belgium	1.2	0.5	0.6	0.7	-16.4%
Vietnam	0.5	0.5	0.4	0.5	0.0%
Others	2.4	1.5	1.9	2.3	-1.4%
Total	32.2	26.6	28.9	27.4	-5.2%

Top Export Markets for Flywheels and Pulleys from Singapore in 2022:

Malaysia (302.9 tons)
Thailand (204.8 tons)
Australia (195.5 tons)
United States (139.1 tons)
Indonesia (132.0 tons)
South Korea (87.4 tons)
China (68.2 tons)
Hong Kong SAR (67.7 tons)
Germany (50.8 tons)
Belgium (38.6 tons)
Philippines (38.5 tons)
India (37.9 tons)
Vietnam (27.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flywheels and pulleys 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 28152500 - Flywheels and pulleys (including pulley blocks)

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