Singapore - Numerically Controlled Drilling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Numerically Controlled Drilling Machine in Singapore - 2022
Contents:
- Price for Numerically Controlled Drilling Machine in Singapore (FOB) - 2022
- Price for Numerically Controlled Drilling Machine in Singapore (CIF) - 2022
- Exports of Numerically Controlled Drilling Machine in Singapore
- Imports of Numerically Controlled Drilling Machine in Singapore
Price for Numerically Controlled Drilling Machine in Singapore (FOB) - 2022
In 2022, the average numerically controlled drilling machine export price amounted to $2,160 per unit, growing by 72% against the previous year. Over the period under review, the export price, however, continues to indicate a mild decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 91% against the previous year. Over the period under review, the average export prices hit record highs at $2,841 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($7,681 per unit), while the average price for exports to Japan ($156 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 South Korea (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Numerically Controlled Drilling Machine in Singapore (CIF) - 2022
The average numerically controlled drilling machine import price stood at $1,755 per unit in 2022, rising by 44% against the previous year. Overall, the import price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 90% against the previous year. The import price peaked at $15,540 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($32,227 per unit), while the price for China ($660 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Numerically Controlled Drilling Machine in Singapore
In 2022, overseas shipments of numerically controlled drilling machines for working metal decreased by -8.1% to 388 units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,060%. As a result, the exports attained the peak of 1.3K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, numerically controlled drilling machine exports soared to $838K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 853%. As a result, the exports reached the peak of $3M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Numerically Controlled Drilling Machine in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 50.2 | 540 | 2.1 | 517 | 117.6% |
| South Korea | N/A | N/A | N/A | 192 | 0% |
| Malaysia | 36.1 | 1,786 | 465 | 82.2 | 31.6% |
| Japan | N/A | N/A | N/A | 15.6 | 0% |
| Thailand | N/A | N/A | N/A | 6.5 | 0% |
| Philippines | 227 | 64.5 | N/A | N/A | -71.6% |
| Others | 2.4 | 621 | 62.2 | 24.9 | 118.1% |
| Total | 316 | 3,011 | 530 | 838 | 38.4% |
Top Export Markets for Numerically Controlled Drilling Machine from Singapore in 2022:
- Indonesia (136.0 units)
- Malaysia (114.0 units)
- Japan (100.0 units)
- South Korea (25.0 units)
- Thailand (6.0 units)
Imports of Numerically Controlled Drilling Machine in Singapore
In 2022, supplies from abroad of numerically controlled drilling machines for working metal decreased by -40.9% to 234 units, falling for the second consecutive year after two years of growth. Overall, imports faced a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 40%. As a result, imports attained the peak of 479 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, numerically controlled drilling machine imports dropped to $411K in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 110% against the previous year. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Numerically Controlled Drilling Machine in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 254 | 0% |
| China | 135 | 333 | 209 | 121 | -3.6% |
| Malaysia | 3.5 | N/A | 65.1 | 14.8 | 61.7% |
| South Korea | 425 | 72.9 | 1.3 | N/A | -94.5% |
| Others | 104 | 994 | 206 | 21.4 | -41.0% |
| Total | 668 | 1,400 | 482 | 411 | -14.9% |
Top Suppliers of Numerically Controlled Drilling Machine to Singapore in 2022:
- China (183.0 units)
- Germany (39.0 units)
- Malaysia (10.0 units)
This report provides an in-depth analysis of the market for numerically controlled drilling machine 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
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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