Singapore - Iron Or Steel Self-Tapping Screws - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Self-Tapping Screw Price in Singapore - 2022
Contents:
- Metal Self-Tapping Screw Price in Singapore (CIF) - 2022
- Metal Self-Tapping Screw Price in Singapore (FOB) - 2022
- Metal Self-Tapping Screw Imports in Singapore
- Metal Self-Tapping Screw Exports in Singapore
Metal Self-Tapping Screw Price in Singapore (CIF) - 2022
In 2022, the average metal self-tapping screw import price amounted to $8,026 per ton, declining by -9.6% against the previous year. Overall, the import price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum at $8,875 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($41,646 per ton), while the price for China ($3,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Self-Tapping Screw Price in Singapore (FOB) - 2022
The average metal self-tapping screw export price stood at $15,224 per ton in 2022, rising by 2.1% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal self-tapping screw export price increased by +16.7% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
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 Malaysia ($30,065 per ton), while the average price for exports to Brunei Darussalam ($4,265 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Self-Tapping Screw Imports in Singapore
In 2022, purchases abroad of iron or steel self-tapping screws was finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt decrease.
In value terms, metal self-tapping screw imports dropped to $9.6M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Metal Self-Tapping Screw in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.5 | 2.3 | 3.8 | 3.5 | 32.6% |
| Taiwan (Chinese) | 3.0 | 1.9 | 2.4 | 2.1 | -11.2% |
| Switzerland | 1.5 | 1.4 | 1.5 | 1.5 | 0.0% |
| China | 0.6 | 1.6 | 0.5 | 0.7 | 5.3% |
| Indonesia | 1.6 | 1.5 | N/A | 0.3 | -42.8% |
| Vietnam | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Germany | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| Others | 1.2 | 1.9 | 1.5 | 1.0 | -5.9% |
| Total | 9.6 | 10.7 | 10.4 | 9.6 | 0.0% |
Top Suppliers of Metal Self-Tapping Screw to Singapore in 2022:
- Taiwan (Chinese) (437.7 tons)
- China (234.8 tons)
- Malaysia (222.7 tons)
- Switzerland (147.7 tons)
- Vietnam (51.7 tons)
- Indonesia (33.0 tons)
- Germany (31.0 tons)
Metal Self-Tapping Screw Exports in Singapore
For the third consecutive year, Singapore recorded decline in shipments abroad of iron or steel self-tapping screws, which decreased by -3.4% to 529 tons in 2022. Over the period under review, exports showed a deep setback.
In value terms, metal self-tapping screw exports contracted modestly to $8.1M in 2022. Overall, exports recorded a deep setback. The smallest decline of -0.1% was in 2021.
| Export of Metal Self-Tapping Screw in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,529 | 1,649 | 2,834 | 3,099 | 7.0% |
| Malaysia | 2,879 | 2,314 | 1,998 | 2,266 | -7.7% |
| Indonesia | 580 | 541 | 770 | 1,003 | 20.0% |
| United States | 657 | 542 | 515 | 401 | -15.2% |
| United Kingdom | 341 | 646 | 1,035 | 232 | -12.0% |
| Hungary | 108 | 167 | 298 | 188 | 20.3% |
| Brunei Darussalam | 79.5 | 211 | 212 | 164 | 27.3% |
| Germany | 1,535 | 1,470 | 44.7 | 30.1 | -73.0% |
| Others | 732 | 629 | 458 | 673 | -2.8% |
| Total | 9,440 | 8,170 | 8,162 | 8,058 | -5.1% |
Top Export Markets for Metal Self-Tapping Screw from Singapore in 2022:
- Indonesia (171.1 tons)
- India (128.8 tons)
- Malaysia (75.4 tons)
- Brunei Darussalam (38.5 tons)
- United States (28.7 tons)
- Hungary (24.4 tons)
- United Kingdom (17.2 tons)
- Germany (3.5 tons)
This report provides an in-depth analysis of the metal self-tapping screw 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 25941175 - Iron or steel self-tapping screws (excluding of stainless steel, t hreaded mechanisms used to transmit motion, or to act as an active machinery part)
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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