Singapore - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Bakery Machinery Price in Singapore - 2022
Contents:
- Industrial Bakery Machinery Price in Singapore (CIF) - 2022
- Industrial Bakery Machinery Price in Singapore (FOB) - 2022
- Industrial Bakery Machinery Imports in Singapore
- Industrial Bakery Machinery Exports in Singapore
Industrial Bakery Machinery Price in Singapore (CIF) - 2022
The average industrial bakery machinery import price stood at $2,888 per unit in 2022, with an increase of 1.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 11%. As a result, import price attained the peak level of $3,029 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($2,888 per unit) and China ($2,888 per unit), while the price for Malaysia ($2,888 per unit) and Italy ($2,888 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Bakery Machinery Price in Singapore (FOB) - 2022
In September 2022, the average industrial bakery machinery export price amounted to $26,842 per unit, approximately mirroring the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in January 2022 an increase of 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $26,843 per unit in April 2022; afterwards, it flattened through to September 2022.
Average prices varied noticeably for the major overseas markets. In September 2022, the countries with the highest prices were Maldives ($26,843 per unit) and the United States ($26,843 per unit), while the average price for exports to India ($26,842 per unit) and Indonesia ($26,842 per unit) were amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Bakery Machinery Imports in Singapore
In 2022, the amount of industrial bakery machinery imported into Singapore soared to 3.3K units, rising by 19% against 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 53%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, industrial bakery machinery imports soared to $9.7M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Industrial Bakery Machinery in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,015 | 638 | 1,832 | 2,075 | 26.9% |
| China | 1,515 | 589 | 1,807 | 2,046 | 10.5% |
| Malaysia | 635 | 482 | 1,068 | 1,209 | 23.9% |
| France | 164 | 1,602 | 227 | 741 | 65.3% |
| Italy | 1,031 | 303 | 559 | 704 | -11.9% |
| Germany | 1,023 | 306 | 533 | 692 | -12.2% |
| Japan | 656 | 580 | 353 | 591 | -3.4% |
| United States | 356 | 150 | 319 | 362 | 0.6% |
| Switzerland | 257 | 103 | 262 | 296 | 4.8% |
| Others | 557 | 568 | 1,043 | 936 | 18.9% |
| Total | 7,207 | 5,321 | 8,002 | 9,653 | 10.2% |
Top Suppliers of Industrial Bakery Machinery to Singapore in 2022:
- Taiwan (Chinese) (719.0 units)
- China (709.0 units)
- Malaysia (419.0 units)
- France (257.0 units)
- Italy (244.0 units)
- Germany (240.0 units)
- Japan (205.0 units)
- United States (125.0 units)
- Switzerland (103.0 units)
Industrial Bakery Machinery Exports in Singapore
In 2022, overseas shipments of industrial bakery machinery were finally on the rise to reach 778 units after two years of decline. Over the period under review, exports, however, faced a abrupt decrease. The exports peaked at 1.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, industrial bakery machinery exports skyrocketed to $1.2M in 2022. Overall, exports, however, saw a significant decline. Over the period under review, the exports reached the maximum at $3.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Industrial Bakery Machinery in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,437 | 128 | 113 | 334 | -38.5% |
| Thailand | 687 | 142 | 60.5 | 178 | -36.2% |
| Malaysia | 360 | 111 | 172 | 130 | -28.8% |
| Hong Kong SAR | 100 | 460 | 51.3 | 125 | 7.7% |
| Australia | 394 | 17.7 | 55.8 | 93.1 | -38.2% |
| Cambodia | 21.6 | 0.1 | 124 | 78.9 | 54.0% |
| Philippines | 109 | 117 | 8.2 | 47.4 | -24.2% |
| Maldives | 90.2 | 0.6 | 4.8 | 18.9 | -40.6% |
| Others | 410 | 408 | 279 | 180 | -24.0% |
| Total | 3,610 | 1,384 | 869 | 1,185 | -31.0% |
Top Export Markets for Industrial Bakery Machinery from Singapore in 2022:
- Indonesia (252.0 units)
- Thailand (134.0 units)
- Hong Kong SAR (92.0 units)
- Australia (71.0 units)
- Malaysia (50.0 units)
- Philippines (35.0 units)
- Cambodia (31.0 units)
- Maldives (14.0 units)
This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)
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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