Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore - 2023

Contents:

1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore (CIF) - 2022
2. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore (FOB) - 2022
3. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore
4. Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore (CIF) - 2022

The average import price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $2,046 per unit in 2022, with an increase of 207% against the previous year. In general, the import price, however, recorded a drastic downturn. The import price peaked at $18,585 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 China ($3,133 per unit), while the price for the United States ($863 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.7%), while the prices for the other major suppliers experienced a decline.

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore (FOB) - 2022

The average export price for metal-rolling mills; hot or combination hot and cold rolling millses stood at $934 per unit in 2022, shrinking by -48.8% against the previous year. In general, the export price continues to indicate a precipitous descent. The growth pace was the most rapid in 2015 an increase of 358%. As a result, the export price reached the peak level of $59,951 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($5,699 per unit), while the average price for exports to British Indian Ocean Territory ($70 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 China (+59.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore

In 2022, approx. 31 units of metal-rolling mills; hot or combination hot and cold rolling millses were imported into Singapore; with a decrease of -90.4% compared with the previous year. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 853% against the previous year. As a result, imports attained the peak of 324 units, and then contracted remarkably in the following year.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses declined markedly to $63K in 2022. Over the period under review, imports, however, showed noticeable growth. The pace of growth was the most pronounced in 2021 with an increase of 480% against the previous year. As a result, imports attained the peak of $216K, and then dropped remarkably in the following year.

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Singapore in 2022:

1. Italy (16.0 units)
2. China (12.0 units)
3. United States (2.0 units)
4. Taiwan (Chinese) (1.0 units)

Exports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Singapore

Exports of metal-rolling mills; hot or combination hot and cold rolling millses from Singapore surged to 15 units in 2022, increasing by 400% on the previous year's figure. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of metal-rolling mills; hot or combination hot and cold rolling millses skyrocketed to $14K in 2022. Overall, exports, however, faced a deep reduction. Over the period under review, the exports of hit record highs at $60K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Top Export Markets for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills from Singapore in 2022:

1. British Indian Ocean Territory (12.0 units)
2. Malaysia (1.0 units)
3. Indonesia (1.0 units)
4. India (1.0 units)

Source: IndexBox Market Intelligence Platform