Report Update: May 1, 2024

Singapore - Transport Containers - Market Analysis, Forecast, Size, Trends And Insights

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Transport Container Price in Singapore - 2022

Transport Container Price in Singapore (CIF) - 2022

In 2022, the average transport container import price amounted to $1,430 per unit, picking up by 16% against the previous year. Over the period under review, the import price, however, recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 38% against the previous year. The import price peaked at $122,620 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,952 per unit), while the price for Malaysia ($621 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 States (-14.2%), while the prices for the other major suppliers experienced a decline.

Transport Container Price in Singapore (FOB) - 2022

In 2022, the average transport container export price amounted to $6,238 per unit, surging by 16% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $38,058 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($82,428 per unit), while the average price for exports to Malaysia ($1,034 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 Venezuela (-2.4%), while the prices for the other major destinations experienced a decline.

Transport Container Imports in Singapore

Transport container imports into Singapore skyrocketed to 141K units in 2022, picking up by 59% on 2021 figures. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 111% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, transport container imports soared to $201M in 2022. Over the period under review, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Transport Container in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	29.8	16.6	37.3	78.1	37.9%
United States	56.7	59.2	43.9	65.7	5.0%
Malaysia	3.6	4.4	3.9	8.2	31.6%
Seychelles	N/A	N/A	N/A	N/A	0%
Others	26.8	30.7	24.1	49.4	22.6%
Total	117	111	109	201	19.8%

Top Suppliers of Transport Container to Singapore in 2022:

China (115.2K units)
Malaysia (13.1K units)
United States (3.9K units)

Transport Container Exports in Singapore

In 2022, exports of transport containers from Singapore soared to 19K units, with an increase of 20% against the year before. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 94%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, transport container exports soared to $121M in 2022. The total export value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Transport Container in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	42.0	41.4	22.4	29.7	-10.9%
Switzerland	13.9	6.5	13.4	18.4	9.8%
India	2.7	6.4	11.1	18.1	88.6%
Malaysia	7.9	4.6	5.5	8.1	0.8%
China	5.9	4.1	3.8	5.0	-5.4%
Taiwan (Chinese)	0.6	0.8	1.0	2.4	58.7%
Venezuela	0.9	1.0	1.3	2.0	30.5%
Thailand	0.8	0.4	0.9	1.2	14.5%
Japan	1.0	1.3	1.5	N/A	22.5%
Guam	N/A	N/A	N/A	N/A	0%
Others	14.3	22.5	25.8	36.0	36.0%
Total	90.0	89.0	86.8	121	10.4%

Top Export Markets for Transport Container from Singapore in 2022:

Japan (undefinedK units)
Malaysia (7.9K units)
Switzerland (5.4K units)
India (1.7K units)
Taiwan (Chinese) (0.8K units)
Thailand (0.6K units)
United States (0.4K units)
China (0.4K units)
Venezuela (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the transport container 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 29202100 - Containers specially designed and equipped for carriage by one or more modes of transport (including containers for transporting fluids)

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.

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