Report Update: May 1, 2024

Singapore - Self-Propelled Trucks Fitted With Lifting Or Handling Equipment, Non-Powered By An Electric Motor - Market Analysis, Forecast, Size, Trends And Insights

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Price for Self-Propelled Non-Electric Fork-Lift Truck in Singapore - 2022

Price for Self-Propelled Non-Electric Fork-Lift Truck in Singapore (CIF) - 2022

In 2022, the average self-propelled non-electric fork-lift truck import price amounted to $8,537 per unit, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 44%. The import price peaked at $27,195 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 ($12,345 per unit), while the price for South Korea ($5,195 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced a decline.

Price for Self-Propelled Non-Electric Fork-Lift Truck in Singapore (FOB) - 2022

In 2022, the average self-propelled non-electric fork-lift truck export price amounted to $5,472 per unit, rising by 4.8% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 15%. Over the period under review, the average export prices reached the peak figure at $16,289 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($12,347 per unit), while the average price for exports to South Korea ($1,792 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 the United Arab Emirates (+20.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Self-Propelled Non-Electric Fork-Lift Truck in Singapore

In 2022, approx. 3.9K units of self-propelled fork-lift trucks with non-electric motor were imported into Singapore; dropping by -15.6% against the previous year. In general, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Imports peaked at 7.2K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck imports fell markedly to $33M in 2022. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. Over the period under review, imports attained the peak figure at $44M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Self-Propelled Non-Electric Fork-Lift Truck in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	18.8	10.2	18.2	16.9	-3.5%
Japan	9.8	7.3	9.5	9.8	0.0%
United States	6.4	1.3	4.2	3.1	-21.5%
South Korea	1.2	0.4	1.0	0.4	-30.7%
Others	7.6	3.1	6.7	2.9	-27.5%
Total	43.9	22.4	39.5	33.1	-9.0%

Top Suppliers of Self-Propelled Non-Electric Fork-Lift Truck to Singapore in 2022:

China (2473.0 units)
Japan (797.0 units)
United States (386.0 units)
South Korea (69.0 units)

Exports of Self-Propelled Non-Electric Fork-Lift Truck in Singapore

In 2022, overseas shipments of self-propelled fork-lift trucks with non-electric motor increased by 60% to 2.6K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a noticeable curtailment. Over the period under review, the exports hit record highs at 2.8K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, self-propelled non-electric fork-lift truck exports soared to $14M in 2022. Overall, exports, however, showed a pronounced contraction. Over the period under review, the exports hit record highs at $15M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Self-Propelled Non-Electric Fork-Lift Truck in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	3.0	1.6	2.7	5.9	25.3%
United Arab Emirates	N/A	N/A	N/A	3.6	0%
Malaysia	4.2	3.1	2.0	1.2	-34.1%
Iraq	0.3	0.4	0.8	0.5	18.6%
Vietnam	0.7	0.3	0.7	0.4	-17.0%
South Korea	0.2	0.1	0.1	0.1	-20.6%
Hong Kong SAR	0.9	N/A	N/A	N/A	0%
Thailand	0.9	0.2	0.1	N/A	-66.7%
Jordan	N/A	N/A	N/A	N/A	0%
Others	5.0	3.8	1.8	2.4	-21.7%
Total	15.2	9.5	8.4	14.0	-2.7%

Top Export Markets for Self-Propelled Non-Electric Fork-Lift Truck from Singapore in 2022:

Indonesia (1883.0 units)
United Arab Emirates (290.0 units)
Malaysia (126.0 units)
Vietnam (60.0 units)
Iraq (47.0 units)
South Korea (44.0 units)
Thailand (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for self-propelled non-electric fork-lift truck 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 28221530 - Self-propelled trucks fitted with lifting or handling equipment, n on-powered by an electric motor

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
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How to outsource production to other countries
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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