Singapore - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore - 2022
Contents:
- Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore (CIF) - 2022
- Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore (FOB) - 2022
- Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore
- Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore
Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore (CIF) - 2022
In 2022, the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $768 per unit, with a decrease of -38% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 125% against the previous year. As a result, import price attained the peak level of $3,017 per unit. From 2015 to 2022, the average 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 the United States ($5,098 per unit), while the price for Malaysia ($441 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore (FOB) - 2022
The average export price for elevators and conveyors other than pneumatic, belt- or bucket-type stood at $87 per unit in 2022, declining by -63.2% against the previous year. Overall, the export price faced a significant contraction. The growth pace was the most rapid in 2020 when the average export price increased by 404%. Over the period under review, the average export prices hit record highs at $4,786 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 India ($3,759 per unit), while the average price for exports to Malaysia ($247 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 India (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore
In 2022, supplies from abroad of elevators and conveyors other than pneumatic, belt- or bucket-type was finally on the rise to reach 62K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type skyrocketed to $48M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
| Import of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 5.8 | 15.2 | 27.6 | 42.2% |
| Germany | 4.6 | 4.9 | 2.9 | 8.8 | 24.1% |
| Malaysia | 4.3 | 3.5 | 7.9 | 3.2 | -9.4% |
| Taiwan (Chinese) | 0.2 | 1.1 | 3.8 | 2.3 | 125.7% |
| Japan | 2.8 | 4.1 | 1.5 | 0.8 | -34.1% |
| Australia | 2.1 | 0.4 | N/A | 0.7 | -30.7% |
| South Korea | 1.2 | N/A | 0.1 | N/A | -71.1% |
| Others | 14.3 | 12.5 | 9.8 | 4.1 | -34.1% |
| Total | 39.1 | 32.4 | 41.4 | 47.6 | 6.8% |
Top Suppliers of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type to Singapore in 2022:
- China (38.5K units)
- Malaysia (7.2K units)
- Germany (2.8K units)
- Taiwan (Chinese) (0.8K units)
- Australia (0.5K units)
- Japan (0.5K units)
Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore
In 2022, exports of elevators and conveyors other than pneumatic, belt- or bucket-type from Singapore skyrocketed to 97K units, jumping by 40% compared with the year before. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 198% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type plummeted to $8.4M in 2022. Overall, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 67%. As a result, the exports reached the peak of $23M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.6 | 2.6 | 2.1 | 2.5 | 16.0% |
| China | 0.8 | 0.9 | 5.0 | 2.2 | 40.1% |
| Indonesia | 3.9 | 7.3 | 1.8 | 1.2 | -32.5% |
| Hong Kong SAR | 0.9 | 0.8 | 0.6 | 0.9 | 0.0% |
| Philippines | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Thailand | 1.6 | 0.6 | 0.2 | 0.2 | -50.0% |
| Egypt | 0.5 | 6.1 | 0.6 | 0.1 | -41.5% |
| Russia | N/A | 0.6 | N/A | N/A | 0% |
| New Zealand | 0.5 | N/A | N/A | N/A | 0% |
| Qatar | N/A | N/A | 2.0 | N/A | 0% |
| Others | 3.6 | 3.7 | 3.9 | 1.1 | -32.6% |
| Total | 13.6 | 22.6 | 16.3 | 8.4 | -14.8% |
Top Export Markets for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type from Singapore in 2022:
- Malaysia (10.2K units)
- China (1.8K units)
- Hong Kong SAR (1.7K units)
- Indonesia (1.5K units)
- Philippines (0.4K units)
- Thailand (0.4K units)
- Egypt (0.1K units)
This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type 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 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:
- 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
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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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