Price for Metal-Rolling Mills; Tube Mills in Singapore - 2022

Contents:

  1. Price for Metal-Rolling Mills; Tube Mills in Singapore (CIF) - 2022
  2. Price for Metal-Rolling Mills; Tube Mills in Singapore (FOB) - 2022
  3. Imports of Metal-Rolling Mills; Tube Mills in Singapore
  4. Exports of Metal-Rolling Mills; Tube Mills in Singapore

Price for Metal-Rolling Mills; Tube Mills in Singapore (CIF) - 2022

The average metal-rolling mills; tube mills import price stood at $33,472 per unit in 2022, with an increase of 128% against the previous year. In general, the import price continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 603% against the previous year. As a result, import price reached the peak level of $44,715 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($576,917 per unit), while the price for the United States stood at $2,390 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced a decline.

Price for Metal-Rolling Mills; Tube Mills in Singapore (FOB) - 2022

The average metal-rolling mills; tube mills export price stood at $2,044 per unit in 2022, jumping by 133% against the previous year. Over the period under review, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 228%. Over the period under review, the average export prices reached the peak figure at $2,758 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +43.2% per year.

Imports of Metal-Rolling Mills; Tube Mills in Singapore

After three years of growth, purchases abroad of metal-rolling mills; tube millses decreased by -73.1% to 7 units in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 300%. Over the period under review, imports reached the peak figure at 26 units in 2021, and then fell rapidly in the following year.

In value terms, metal-rolling mills; tube mills imports dropped dramatically to $235K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 318%. As a result, imports reached the peak of $380K, and then fell dramatically in the following year.

Import of Metal-Rolling Mills; Tube Mills in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.276.8340219467.2%
United States3.214.024.615.970.6%
United Arab EmiratesN/AN/A14.9N/A0%
Others73.2N/A0.3N/A-93.6%
Total77.690.938023544.7%

Top Suppliers of Metal-Rolling Mills; Tube Mills to Singapore in 2022:

  1. United States (7.0 units)

Exports of Metal-Rolling Mills; Tube Mills in Singapore

In 2022, approx. 336 units of metal-rolling mills; tube millses were exported from Singapore; picking up by 185% on 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,850% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, metal-rolling mills; tube mills exports surged to $687K in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 837% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Metal-Rolling Mills; Tube Mills in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia64.611.00.2687119.9%
Hong Kong SARN/AN/A101N/A0%
Thailand94.7N/A0.1N/A-96.8%
Others82.2N/A1.8N/A-85.2%
Total24211.010368741.6%

Top Export Markets for Metal-Rolling Mills; Tube Mills from Singapore in 2022:

  1. Indonesia (336.0 units)

Source: IndexBox Market Intelligence Platform

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