Singapore - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Continuous-Action Elevators And Conveyors - Market Analysis, Forecast, Size, Trends And Insights

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Price for Continuous-Action Elevators and Conveyors in Singapore - 2022

Contents:

  1. Price for Continuous-Action Elevators and Conveyors in Singapore (CIF) - 2022
  2. Price for Continuous-Action Elevators and Conveyors in Singapore (FOB) - 2022
  3. Imports of Continuous-Action Elevators and Conveyors in Singapore
  4. Exports of Continuous-Action Elevators and Conveyors in Singapore

Price for Continuous-Action Elevators and Conveyors in Singapore (CIF) - 2022

The average continuous-action elevators and conveyors import price stood at $289 per unit in 2022, falling by -20.1% against the previous year. Over the period under review, the import price recorded a deep downturn. The growth pace was the most rapid in 2018 when the average import price increased by 34%. Over the period under review, average import prices hit record highs at $866 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Japan ($998 per unit), while the price for the Netherlands ($77 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced a decline.

Price for Continuous-Action Elevators and Conveyors in Singapore (FOB) - 2022

In 2022, the average continuous-action elevators and conveyors export price amounted to $610 per unit, increasing by 35% against the previous year. Overall, the export price, however, saw a mild curtailment. The export price peaked at $721 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($3,359 per unit), while the average price for exports to Malaysia ($221 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 Thailand (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators and Conveyors in Singapore

Continuous-action elevators and conveyors imports into Singapore surged to 238K units in 2022, picking up by 15% on the previous year's figure. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.3% 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 +77.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, continuous-action elevators and conveyors imports dropped to $69M in 2022. Over the period under review, imports, however, showed a pronounced curtailment. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked at $78M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Continuous-Action Elevators and Conveyors in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.912.424.833.531.0%
Germany12.46.26.611.2-3.3%
Malaysia11.25.19.95.8-19.7%
Japan9.76.44.12.9-33.1%
Netherlands1.11.00.90.5-23.1%
Others28.326.828.414.9-19.3%
Total77.657.974.868.8-3.9%

Top Suppliers of Continuous-Action Elevators and Conveyors to Singapore in 2022:

  1. China (191.8K units)
  2. Malaysia (14.9K units)
  3. Germany (12.1K units)
  4. Netherlands (6.1K units)
  5. Japan (2.9K units)

Exports of Continuous-Action Elevators and Conveyors in Singapore

In 2022, after three years of growth, there was significant decline in shipments abroad of continuous-action elevators and conveyors, when their volume decreased by -47.4% to 64K units. Overall, exports saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 8.3% against the previous year. As a result, the exports reached the peak of 121K units, and then reduced dramatically in the following year.

In value terms, continuous-action elevators and conveyors exports contracted markedly to $39M in 2022. In general, exports saw a deep setback. The smallest decline of -5.4% was in 2021. Over the period under review, the exports hit record highs at $63M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Continuous-Action Elevators and Conveyors in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.46.015.112.49.7%
Indonesia19.826.911.610.4-19.3%
Malaysia4.44.410.35.15.0%
Thailand9.22.94.32.2-37.9%
Hong Kong SAR1.41.71.01.64.6%
Vietnam2.80.30.61.4-20.6%
Australia1.10.30.91.0-3.1%
Sri Lanka0.1N/AN/A0.344.2%
Others14.515.611.14.5-32.3%
Total62.658.155.039.0-14.6%

Top Export Markets for Continuous-Action Elevators and Conveyors from Singapore in 2022:

  1. Indonesia (23.8K units)
  2. Malaysia (23.2K units)
  3. China (3.7K units)
  4. Australia (2.3K units)
  5. Vietnam (2.1K units)
  6. Thailand (2.0K units)
  7. Hong Kong SAR (1.8K units)
  8. Sri Lanka (1.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for continuous-action elevators and conveyors 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 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221750 - Bucket type continuous-action elevators and conveyors for goods or materials
  • Prodcom 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
  • Prodcom 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
  • Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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