Singapore - Garden Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGarden Tool Price in Singapore - 2022
Contents:
- Garden Tool Price in Singapore (FOB) - 2022
- Garden Tool Price in Singapore (CIF) - 2022
- Garden Tool Exports in Singapore
- Garden Tool Imports in Singapore
Garden Tool Price in Singapore (FOB) - 2022
In 2022, the average garden tool export price amounted to $9,169 per ton, increasing by 24% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices hit record highs at $11,591 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($9,170 per ton) and Taiwan (Chinese) ($9,170 per ton), while the average price for exports to Thailand ($9,169 per ton) and Solomon Islands ($9,169 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 Solomon Islands (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Garden Tool Price in Singapore (CIF) - 2022
In 2022, the average garden tool import price amounted to $8,388 per ton, growing by 3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2018 an increase of 13% against the previous year. As a result, import price reached the peak level of $8,935 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($8,388 per ton) and China ($8,388 per ton), while the price for Taiwan (Chinese) ($8,388 per ton) and Thailand ($8,388 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Garden Tool Exports in Singapore
Garden tool exports from Singapore stood at 327 tons in 2022, almost unchanged from 2021. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 397% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, garden tool exports soared to $3M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 303%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Garden Tool in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.9 | 61.7 | 1,367 | 2,156 | 1238.0% |
| Philippines | 187 | 80.0 | 68.6 | 240 | 8.7% |
| Indonesia | 158 | 53.3 | 200 | 164 | 1.3% |
| Solomon Islands | 435 | 59.1 | 503 | 135 | -32.3% |
| Malaysia | 74.5 | 27.7 | 29.8 | 59.2 | -7.4% |
| Taiwan (Chinese) | 1.0 | N/A | N/A | 51.6 | 272.3% |
| Vietnam | 64.9 | 59.1 | 27.4 | 3.2 | -63.3% |
| Others | 149 | 256 | 212 | 189 | 8.2% |
| Total | 1,070 | 597 | 2,408 | 2,999 | 41.0% |
Top Export Markets for Garden Tool from Singapore in 2022:
- Hong Kong SAR (235.1 tons)
- Philippines (26.2 tons)
- Indonesia (17.9 tons)
- Solomon Islands (14.7 tons)
- Malaysia (6.5 tons)
- Taiwan (Chinese) (5.6 tons)
- Vietnam (0.4 tons)
Garden Tool Imports in Singapore
In 2022, the amount of garden tools imported into Singapore soared to 472 tons, jumping by 327% compared with the previous year. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, garden tool imports surged to $4M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Garden Tool in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.6 | 170 | 38.2 | 1,903 | 708.6% |
| Thailand | N/A | 0.6 | 0.4 | 738 | 3407.1% |
| China | 196 | 151 | 299 | 384 | 25.1% |
| United States | 144 | 75.7 | 50.6 | 306 | 28.6% |
| Japan | 122 | 213 | 162 | 303 | 35.4% |
| South Korea | N/A | N/A | N/A | 130 | 0% |
| Taiwan (Chinese) | 77.4 | 82.0 | 39.9 | 119 | 15.4% |
| Hong Kong SAR | 89.9 | N/A | 94.7 | N/A | 2.6% |
| Others | 93.1 | 19.3 | 210 | 76.3 | -6.4% |
| Total | 726 | 712 | 895 | 3,958 | 76.0% |
Top Suppliers of Garden Tool to Singapore in 2022:
- Malaysia (226.8 tons)
- Thailand (88.0 tons)
- China (45.8 tons)
- United States (36.4 tons)
- Japan (36.1 tons)
- South Korea (15.5 tons)
- Taiwan (Chinese) (14.2 tons)
This report provides an in-depth analysis of the garden tool 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 25731055 - Forks and other hand tools (excluding clasp knives) for agriculture, horticulture or forestry
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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