Singapore - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hydraulic Cylinder and System in Singapore - 2022
Contents:
- Price for Hydraulic Cylinder and System in Singapore (CIF) - 2022
- Price for Hydraulic Cylinder and System in Singapore (FOB) - 2022
- Imports of Hydraulic Cylinder and System in Singapore
- Exports of Hydraulic Cylinder and System in Singapore
Price for Hydraulic Cylinder and System in Singapore (CIF) - 2022
In 2022, the average hydraulic cylinder and system import price amounted to $874 per unit, stabilizing at the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 11% against the previous year. Over the period under review, average import prices reached the peak figure at $921 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($867 per unit) and France ($867 per unit), while the price for Germany ($867 per unit) and China ($867 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Hydraulic Cylinder and System in Singapore (FOB) - 2022
In 2022, the average hydraulic cylinder and system export price amounted to $1,007 per unit, picking up by 7.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 12%. Over the period under review, the average export prices reached the maximum at $1,066 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($1,006 per unit) and the Philippines ($1,006 per unit), while the average price for exports to Belgium ($982 per unit) and France ($983 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydraulic Cylinder and System in Singapore
In 2022, the amount of hydraulic cylinders and systems imported into Singapore soared to 119K units, surging by 16% on the year before. In general, imports, however, saw a noticeable reduction. Imports peaked at 126K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, hydraulic cylinder and system imports soared to $104M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Hydraulic Cylinder and System in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.1 | 23.8 | 30.8 | 31.4 | 2.6% |
Philippines | 6.1 | 7.3 | 12.1 | 19.8 | 48.1% |
Germany | 6.5 | 4.3 | 6.5 | 7.7 | 5.8% |
United Kingdom | 15.8 | 5.7 | 6.2 | 7.1 | -23.4% |
China | 8.3 | 5.7 | 7.1 | 7.1 | -5.1% |
Thailand | 0.9 | 2.7 | 4.9 | 6.1 | 89.2% |
France | 3.2 | 2.5 | 3.7 | 4.9 | 15.3% |
Italy | 5.2 | 3.9 | 4.2 | 2.6 | -20.6% |
Indonesia | 5.4 | 7.2 | 1.0 | 1.2 | -39.4% |
Others | 12.8 | 13.9 | 12.1 | 16.1 | 7.9% |
Total | 93.4 | 77.0 | 88.7 | 104 | 3.6% |
Top Suppliers of Hydraulic Cylinder and System to Singapore in 2022:
- United States (36.2K units)
- Philippines (22.8K units)
- Germany (8.9K units)
- United Kingdom (8.2K units)
- China (8.2K units)
- Thailand (7.0K units)
- France (5.7K units)
- Italy (3.0K units)
- Indonesia (1.4K units)
Exports of Hydraulic Cylinder and System in Singapore
Hydraulic cylinder and system exports from Singapore expanded markedly to 74K units in 2022, rising by 12% compared with the previous year. In general, exports, however, showed a pronounced decrease. The exports peaked at 85K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, hydraulic cylinder and system exports skyrocketed to $75M in 2022. Over the period under review, exports, however, continue to indicate a pronounced slump. Over the period under review, the exports hit record highs at $83M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Hydraulic Cylinder and System in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.9 | 4.9 | 8.8 | 13.4 | 19.3% |
Indonesia | 6.8 | 9.1 | 6.8 | 8.1 | 6.0% |
China | 9.3 | 8.7 | 6.5 | 7.8 | -5.7% |
Japan | 9.6 | 7.1 | 8.1 | 7.1 | -9.6% |
Australia | 2.5 | 3.8 | 3.0 | 5.8 | 32.4% |
Malaysia | 10.3 | 12.3 | 6.9 | 4.8 | -22.5% |
France | 9.1 | 4.1 | 1.5 | 3.3 | -28.7% |
India | 3.0 | 2.7 | 3.3 | 2.6 | -4.7% |
Hong Kong SAR | 0.7 | 1.5 | 1.9 | 2.5 | 52.9% |
South Korea | 1.0 | 0.6 | 1.5 | 2.3 | 32.0% |
Belgium | 0.8 | 1.0 | 1.8 | 2.2 | 40.1% |
Philippines | 1.3 | 1.9 | 2.0 | 2.0 | 15.4% |
Thailand | 8.2 | 1.6 | 1.5 | 1.8 | -39.7% |
Others | 12.7 | 10.6 | 9.0 | 11.0 | -4.7% |
Total | 83.0 | 69.7 | 62.4 | 74.8 | -3.4% |
Top Export Markets for Hydraulic Cylinder and System from Singapore in 2022:
- United States (13.4K units)
- Indonesia (8.1K units)
- China (7.7K units)
- Japan (7.1K units)
- Australia (5.7K units)
- Malaysia (4.8K units)
- France (3.4K units)
- India (2.6K units)
- Hong Kong SAR (2.5K units)
- South Korea (2.3K units)
- Belgium (2.2K units)
- Philippines (2.0K units)
- Thailand (1.7K units)
This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
- Prodcom 28121630 - Hydraulic systems (power packs with actuators)
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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