Singapore - Lifting Equipment Designed For Mounting On Road Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMounting Lifting Equipment Price in Singapore - 2022
Contents:
- Mounting Lifting Equipment Price in Singapore (CIF) - 2022
- Mounting Lifting Equipment Price in Singapore (FOB) - 2022
- Mounting Lifting Equipment Imports in Singapore
- Mounting Lifting Equipment Exports in Singapore
Mounting Lifting Equipment Price in Singapore (CIF) - 2022
The average mounting lifting equipment import price stood at $27,234 per unit in 2022, rising by 16% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mounting lifting equipment import price increased by +79.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55% against the previous year. The import price peaked at $28,306 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($108,562 per unit), while the price for Belgium ($1,535 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Mounting Lifting Equipment Price in Singapore (FOB) - 2022
In 2022, the average mounting lifting equipment export price amounted to $37,850 per unit, jumping by 206% against the previous year. Overall, the export price posted a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($59,025 per unit), while the average price for exports to Vietnam ($7,771 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 Indonesia (+22.5%), while the prices for the other major destinations experienced mixed trend patterns.
Mounting Lifting Equipment Imports in Singapore
In 2022, purchases abroad of lifting equipment designed for mounting on road vehicles decreased by -26.8% to 432 units, falling for the second year in a row after two years of growth. In general, imports saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of 913 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, mounting lifting equipment imports contracted to $12M in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 0.9% against the previous year. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Mounting Lifting Equipment in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.5 | 8.2 | 7.1 | 5.3 | -6.6% |
| Germany | N/A | N/A | 4.3 | 3.2 | -25.6% |
| Austria | 4.9 | 3.0 | 0.7 | 2.1 | -24.6% |
| China | 1.0 | 1.9 | 0.2 | 0.7 | -11.2% |
| United States | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Malaysia | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Belgium | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Spain | N/A | 0.2 | N/A | N/A | 0% |
| Others | 0.7 | 0.5 | 1.4 | 0.2 | -34.1% |
| Total | 13.7 | 13.8 | 13.8 | 11.8 | -4.9% |
Top Suppliers of Mounting Lifting Equipment to Singapore in 2022:
- Italy (219.0 units)
- Germany (60.0 units)
- Belgium (39.0 units)
- China (34.0 units)
- United States (31.0 units)
- Malaysia (23.0 units)
- Austria (19.0 units)
Mounting Lifting Equipment Exports in Singapore
In 2022, shipments abroad of lifting equipment designed for mounting on road vehicles was finally on the rise to reach 135 units after two years of decline. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, mounting lifting equipment exports surged to $5.1M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mounting Lifting Equipment in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,666 | 473 | 463 | 3,327 | 25.9% |
| Malaysia | 100 | 154 | 251 | 987 | 114.5% |
| Taiwan (Chinese) | 103 | 258 | 163 | 677 | 87.3% |
| Vietnam | 32.4 | 43.1 | 16.6 | 119 | 54.3% |
| Hong Kong SAR | 326 | N/A | 124 | N/A | -38.3% |
| Argentina | N/A | 70.9 | 33.1 | N/A | -53.3% |
| Thailand | N/A | 170 | 17.3 | N/A | -89.8% |
| Australia | N/A | 170 | N/A | N/A | 0% |
| Others | 299 | 1.3 | 68.2 | N/A | -52.2% |
| Total | 2,526 | 1,340 | 1,136 | 5,110 | 26.5% |
Top Export Markets for Mounting Lifting Equipment from Singapore in 2022:
- Indonesia (56.0 units)
- Malaysia (43.0 units)
- Taiwan (Chinese) (20.0 units)
- Vietnam (15.0 units)
This report provides an in-depth analysis of the vehicle-mounted lifting equipment 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 28221460 - Lifting equipment designed for mounting on road vehicles
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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