Singapore - Mechanical Appliances For Projecting, Dispersing Or Spraying - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Singapore - Mechanical Appliances For Projecting, Dispersing Or Spraying - Market Analysis, Forecast, Size, Trends and Insights

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Price for Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore - 2022

Contents:

  1. Price for Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore (CIF) - 2022
  2. Price for Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore (FOB) - 2022
  3. Imports of Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore
  4. Exports of Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore

Price for Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore (CIF) - 2022

In 2022, the average import price for mechanical appliances for projecting, dispersing or spraying amounted to $8.8 per unit, with an increase of 113% against the previous year. In general, the import price saw a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($20 per unit), while the price for the UK ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore (FOB) - 2022

In 2022, the average export price for mechanical appliances for projecting, dispersing or spraying amounted to $11 per unit, increasing by 128% against the previous year. Overall, the export price saw modest growth. The growth pace was the most rapid in 2019 when the average export price increased by 156%. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($42 per unit), while the average price for exports to Thailand ($3.4 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 (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore

In 2022, the amount of mechanical appliances for projecting, dispersing or spraying imported into Singapore contracted significantly to 4.5M units, with a decrease of -34.5% on 2021 figures. Over the period under review, imports recorded a abrupt decrease. The smallest decline of -1.2% was in 2021. Over the period under review, imports of hit record highs at 8.5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying surged to $40M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of reached the maximum at $40M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.17.66.09.8-6.8%
China7.65.75.86.3-6.1%
United Kingdom6.05.54.65.8-1.1%
Germany3.43.65.43.51.0%
Malaysia0.70.60.61.631.7%
Austria0.5N/A0.11.337.5%
France0.50.30.30.711.9%
Others9.48.85.710.64.1%
Total40.232.128.539.7-0.4%

Top Suppliers of Mechanical Appliances for Projecting, Dispersing or Spraying to Singapore in 2022:

  1. China (1993.8K units)
  2. United Kingdom (1834.8K units)
  3. United States (1011.6K units)
  4. Germany (179.4K units)
  5. Austria (124.6K units)
  6. Malaysia (114.7K units)
  7. France (114.3K units)

Exports of Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore

In 2022, shipments abroad of mechanical appliances for projecting, dispersing or spraying decreased by -39.2% to 2.8M units, falling for the second year in a row after two years of growth. Overall, exports faced a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 90% against the previous year. As a result, the exports attained the peak of 7.9M units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying surged to $31M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mechanical Appliances for Projecting, Dispersing or Spraying in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)2.71.60.45.123.6%
Vietnam3.25.85.24.814.5%
Malaysia3.62.33.83.4-1.9%
Thailand3.83.12.73.4-3.6%
South Korea0.81.60.62.648.1%
Indonesia2.12.31.32.56.0%
Hong Kong SAR2.51.71.81.6-13.8%
Philippines1.00.81.11.411.9%
India0.51.30.61.026.0%
Japan0.90.60.40.3-30.7%
Others4.05.44.44.75.5%
Total25.126.422.330.97.2%

Top Export Markets for Mechanical Appliances for Projecting, Dispersing or Spraying from Singapore in 2022:

  1. Thailand (1018.9K units)
  2. Taiwan (Chinese) (872.7K units)
  3. Vietnam (852.3K units)
  4. Hong Kong SAR (464.8K units)
  5. South Korea (282.9K units)
  6. India (217.1K units)
  7. Philippines (215.5K units)
  8. Indonesia (165.8K units)
  9. Japan (114.8K units)
  10. Malaysia (82.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mechanical appliances for projecting, dispersing or spraying 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 28292240 - Other mechanical appliances for projecting, dispersing or spraying

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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