Report Update: May 1, 2024

Singapore - Base Metal Automatic Door Closers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Automatic Door Closer in Singapore - 2022

Price for Metal Automatic Door Closer in Singapore (FOB) - 2022

In September 2022, the average metal automatic door closer export price amounted to $20,655 per ton, with an increase of 7.3% against the previous month. Overall, the export price enjoyed a measured increase. The pace of growth was the most pronounced in June 2022 an increase of 107% against the previous month. As a result, the export price attained the peak level of $38,338 per ton. From July 2022 to September 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($37,984 per ton), while the average price for exports to Brazil ($10,288 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Metal Automatic Door Closer in Singapore (CIF) - 2022

In 2022, the average metal automatic door closer import price amounted to $13,289 per ton, dropping by -17.4% against the previous year. Over the period under review, the import price recorded a slight setback. The growth pace was the most rapid in 2020 when the average import price increased by 9.2%. Over the period under review, average import prices reached the maximum at $16,183 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($14,250 per ton) and Taiwan (Chinese) ($14,140 per ton), while the price for the Czech Republic ($12,583 per ton) and Germany ($12,874 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.5%), while the prices for the other major suppliers experienced a decline.

Exports of Metal Automatic Door Closer in Singapore

In 2022, the amount of base metal automatic door closers exported from Singapore surged to 8.9K tons, with an increase of 23% on 2021. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, metal automatic door closer exports surged to $144M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metal Automatic Door Closer in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	35.5	37.5	36.4	45.7	8.8%
Netherlands	15.1	11.3	23.3	29.5	25.0%
United States	9.0	8.6	11.7	14.8	18.0%
Australia	6.9	5.9	7.4	9.4	10.9%
France	6.2	5.2	7.3	9.2	14.1%
China	5.2	4.0	7.1	9.1	20.5%
United Arab Emirates	3.9	2.5	3.0	3.9	0.0%
United Kingdom	2.6	1.7	3.1	3.9	14.5%
Others	14.1	15.2	12.7	18.7	9.9%
Total	98.6	91.9	112	144	13.5%

Top Export Markets for Metal Automatic Door Closer from Singapore in 2022:

Germany (2877.4 tons)
Netherlands (1840.6 tons)
United States (925.6 tons)
Australia (584.6 tons)
France (575.8 tons)
China (564.9 tons)
United Kingdom (241.7 tons)
United Arab Emirates (161.6 tons)

Imports of Metal Automatic Door Closer in Singapore

In 2022, imports of base metal automatic door closers into Singapore skyrocketed to 1.7K tons, with an increase of 87% against the previous year's figure. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal automatic door closer imports surged to $23M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Metal Automatic Door Closer in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	8.1	5.9	5.0	8.6	2.0%
China	4.3	3.3	3.3	5.0	5.2%
Taiwan (Chinese)	2.3	1.6	3.4	4.7	26.9%
Italy	1.0	0.7	1.0	1.4	11.9%
United States	0.8	0.2	0.5	0.7	-4.4%
Thailand	N/A	N/A	0.4	0.5	25.0%
Netherlands	0.4	0.2	0.3	0.4	0.0%
Others	1.5	0.9	1.2	1.8	6.3%
Total	18.4	12.8	15.0	23.1	7.9%

Top Suppliers of Metal Automatic Door Closer to Singapore in 2022:

Germany (669.5 tons)
China (383.0 tons)
Taiwan (Chinese) (335.8 tons)
Italy (95.1 tons)
United States (52.2 tons)
Thailand (37.4 tons)
Netherlands (27.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal automatic door closer 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 25721470 - Base metal automatic door closers

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
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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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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