Singapore - Machine-Tools For Drilling, Boring Or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMachine-Tool for Drilling Price in Singapore - 2022
Contents:
- Machine-Tool for Drilling Price in Singapore (CIF) - 2022
- Machine-Tool for Drilling Price in Singapore (FOB) - 2022
- Machine-Tool for Drilling Imports in Singapore
- Machine-Tool for Drilling Exports in Singapore
Machine-Tool for Drilling Price in Singapore (CIF) - 2022
The average machine-tool for drilling import price stood at $4,674 per unit in 2022, rising by 4,278% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $4,838 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($48,441 per unit), while the price for Sweden ($139 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Machine-Tool for Drilling Price in Singapore (FOB) - 2022
The average machine-tool for drilling export price stood at $1,143 per unit in 2022, picking up by 124% against the previous year. In general, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 574% against the previous year. Over the period under review, the average export prices hit record highs at $3,171 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Cambodia ($3,166 per unit), while the average price for exports to Oman ($85 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 Italy (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Machine-Tool for Drilling Imports in Singapore
In 2022, overseas purchases of machine-tools for drilling, boring or milling metal decreased by -98% to 5.3K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 20%. As a result, imports reached the peak of 271K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, machine-tool for drilling imports fell to $25M in 2022. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 7.8% against the previous year. As a result, imports attained the peak of $32M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Machine-Tool for Drilling in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.7 | 12.6 | 13.1 | 11.2 | 8.8% |
| United Kingdom | 3.9 | 3.8 | 3.9 | 3.4 | -4.5% |
| Taiwan (Chinese) | 2.9 | 2.6 | 2.1 | 2.8 | -1.2% |
| Germany | 1.8 | 1.4 | 1.5 | 1.5 | -5.9% |
| United States | 1.7 | 1.6 | 1.0 | 1.4 | -6.3% |
| Japan | 3.3 | 4.5 | 1.1 | 1.2 | -28.6% |
| South Korea | 2.7 | 0.9 | 2.0 | 0.5 | -43.0% |
| Canada | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Malaysia | 0.5 | 0.4 | 0.5 | 0.2 | -26.3% |
| Belgium | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Sweden | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 4.2 | 4.3 | 2.7 | 2.0 | -21.9% |
| Total | 30.0 | 32.4 | 28.2 | 24.6 | -6.4% |
Top Suppliers of Machine-Tool for Drilling to Singapore in 2022:
- China (2239.0 units)
- Taiwan (Chinese) (446.0 units)
- United States (197.0 units)
- Belgium (150.0 units)
- Germany (115.0 units)
- Canada (90.0 units)
- Japan (89.0 units)
- South Korea (74.0 units)
- United Kingdom (71.0 units)
- Sweden (66.0 units)
- Malaysia (62.0 units)
Machine-Tool for Drilling Exports in Singapore
In 2022, the amount of machine-tools for drilling, boring or milling metal exported from Singapore fell remarkably to 13K units, waning by -48.4% against the year before. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 197%. The exports peaked at 60K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, machine-tool for drilling exports soared to $15M in 2022. Overall, exports showed a mild decline. Over the period under review, the exports attained the peak figure at $16M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Machine-Tool for Drilling in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.4 | 3.8 | 2.2 | 4.1 | 6.4% |
| Malaysia | 3.7 | 4.1 | 3.0 | 3.5 | -1.8% |
| Bangladesh | 2.0 | 1.8 | 2.1 | 2.1 | 1.6% |
| Cambodia | 0.7 | 0.8 | 1.0 | 1.0 | 12.6% |
| Thailand | 0.9 | 0.9 | 0.8 | 0.8 | -3.9% |
| India | 0.6 | 0.4 | 0.8 | 0.7 | 5.3% |
| Netherlands | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Philippines | 0.3 | 0.1 | 0.4 | 0.2 | -12.6% |
| China | 0.8 | 0.4 | 0.2 | 0.1 | -50.0% |
| Paraguay | N/A | N/A | N/A | N/A | 0% |
| Oman | N/A | 0.1 | N/A | N/A | 0% |
| Others | 3.1 | 2.7 | 2.6 | 2.4 | -8.2% |
| Total | 15.6 | 14.9 | 13.0 | 15.1 | -1.1% |
Top Export Markets for Machine-Tool for Drilling from Singapore in 2022:
- Bangladesh (undefinedK units)
- China (undefinedK units)
- Indonesia (7.8K units)
- Malaysia (2.9K units)
- Netherlands (0.4K units)
- Oman (0.4K units)
- Philippines (0.3K units)
- India (0.3K units)
- Cambodia (0.3K units)
- Thailand (0.3K units)
This report provides an in-depth analysis of the machine-tool for drilling 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
- Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
- Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
- Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
- Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
- Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
- Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
- Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
- Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling machines)
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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Global machine-tool for drilling imports amounted to X tons in 2016, descending by -X% against the previous year level. In general, machine-tool for drilling imports continue to indicate a mild...
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