Singapore - Screwdrivers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingScrewdriver Price in Singapore - 2022
Contents:
- Screwdriver Price in Singapore (CIF) - 2022
- Screwdriver Price in Singapore (FOB) - 2022
- Screwdriver Imports in Singapore
- Screwdriver Exports in Singapore
Screwdriver Price in Singapore (CIF) - 2022
The average screwdriver import price stood at $14,037 per ton in 2022, shrinking by -5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2018 an increase of 24% against the previous year. As a result, import price reached the peak level of $16,528 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($14,335 per ton) and the Czech Republic ($14,335 per ton), while the price for Malaysia ($13,555 per ton) and Germany ($13,602 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Screwdriver Price in Singapore (FOB) - 2022
The average screwdriver export price stood at $14,147 per ton in 2022, growing by 1.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. Over the period under review, the average export prices attained the maximum at $28,033 per ton in 2019; however, from 2020 to 2022, the 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 ($19,178 per ton), while the average price for exports to Australia ($11,990 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Screwdriver Imports in Singapore
In 2022, screwdriver imports into Singapore skyrocketed to 651 tons, jumping by 68% on 2021. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 121%. As a result, imports reached the peak of 738 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, screwdriver imports soared to $9.1M in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 128%. As a result, imports reached the peak of $10M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Screwdriver in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 57.8 | 6,929 | 36.4 | 2,619 | 256.5% |
China | 1,217 | 857 | 1,772 | 2,005 | 18.1% |
Taiwan (Chinese) | 624 | 797 | 1,183 | 1,338 | 29.0% |
United States | 896 | 644 | 1,007 | 1,139 | 8.3% |
Japan | 916 | 160 | 564 | 638 | -11.4% |
Czech Republic | 149 | 161 | 338 | 383 | 37.0% |
Germany | 288 | 198 | 220 | 263 | -3.0% |
United Kingdom | 184 | 99.6 | 117 | 149 | -6.8% |
Others | 223 | 547 | 541 | 601 | 39.2% |
Total | 4,555 | 10,393 | 5,778 | 9,135 | 26.1% |
Top Suppliers of Screwdriver to Singapore in 2022:
- Malaysia (193.2 tons)
- China (139.8 tons)
- Taiwan (Chinese) (93.3 tons)
- United States (79.4 tons)
- Japan (45.0 tons)
- Czech Republic (26.7 tons)
- Germany (19.3 tons)
- United Kingdom (11.0 tons)
Screwdriver Exports in Singapore
Screwdriver exports from Singapore soared to 467 tons in 2022, rising by 26% on the previous year's figure. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 283% against the previous year. As a result, the exports reached the peak of 495 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, screwdriver exports surged to $6.6M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 207%. As a result, the exports attained the peak of $11M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Screwdriver in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 430 | 7,219 | 275 | 2,185 | 71.9% |
Philippines | 123 | 83.0 | 1,058 | 888 | 93.3% |
Malaysia | 500 | 529 | 703 | 589 | 5.6% |
China | 457 | 354 | 518 | 434 | -1.7% |
Thailand | 179 | 1,247 | 144 | 433 | 34.2% |
South Korea | 283 | 272 | 352 | 295 | 1.4% |
India | 329 | 204 | 259 | 218 | -12.8% |
Vietnam | 130 | 138 | 216 | 181 | 11.7% |
Taiwan (Chinese) | 103 | 67.4 | 201 | 168 | 17.7% |
Australia | 124 | 121 | 186 | 156 | 8.0% |
Russia | 63.7 | 84.5 | 143 | 120 | 23.5% |
Mexico | 46.0 | 116 | 138 | 116 | 36.1% |
United States | 109 | 121 | 127 | 107 | -0.6% |
Others | 744 | 572 | 822 | 717 | -1.2% |
Total | 3,621 | 11,129 | 5,141 | 6,609 | 22.2% |
Top Export Markets for Screwdriver from Singapore in 2022:
- Indonesia (114.0 tons)
- Philippines (74.0 tons)
- Malaysia (49.2 tons)
- China (36.2 tons)
- South Korea (24.6 tons)
- Thailand (23.1 tons)
- India (18.2 tons)
- Vietnam (15.1 tons)
- Taiwan (Chinese) (14.0 tons)
- Australia (13.0 tons)
- Russia (10.0 tons)
- Mexico (9.7 tons)
- United States (8.9 tons)
This report provides an in-depth analysis of the screwdriver market 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 25733063 - Screwdrivers
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
-
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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