Singapore - Water-Skis, Surfboards And Sailboards - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Water-Skis, Surfboards And Sailboards - Market Analysis, Forecast, Size, Trends And Insights

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Water-Skis and Surfboards Price in Singapore - 2022

Contents:

  1. Water-Skis and Surfboards Price in Singapore (FOB) - 2022
  2. Water-Skis and Surfboards Price in Singapore (CIF) - 2022
  3. Water-Skis and Surfboards Exports in Singapore
  4. Water-Skis and Surfboards Imports in Singapore

Water-Skis and Surfboards Price in Singapore (FOB) - 2022

The average water-skis and surfboards export price stood at $14 per unit in 2022, rising by 8.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2020 an increase of 21%. As a result, the export price reached the peak level of $15 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($14 per unit) and Indonesia ($14 per unit), while the average price for exports to Taiwan (Chinese) ($14 per unit) and China ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Water-Skis and Surfboards Price in Singapore (CIF) - 2022

In 2022, the average water-skis and surfboards import price amounted to $9.7 per unit, declining by -2.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.9%. As a result, import price reached the peak level of $10 per unit, and then reduced modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($11 per unit) and Indonesia ($11 per unit), while the price for South Africa ($9.5 per unit) and Hong Kong SAR ($9.5 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Water-Skis and Surfboards Exports in Singapore

Water-skis and surfboards exports from Singapore reduced rapidly to 863K units in 2022, shrinking by -18.7% against 2021. Over the period under review, total exports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, the exports reached the peak of 1.1M units, and then contracted markedly in the following year.

In value terms, water-skis and surfboards exports shrank to $12M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $13M, and then shrank in the following year.

Export of Water-Skis and Surfboards in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia4,7025,4035,5944,394-2.2%
United States1,1511,9962,4861,93118.8%
Germany2497421,7421,80693.6%
Malaysia8674441981,22612.2%
Thailand46776.71,098459-0.6%
Japan0.20.679.94541214.2%
China4099.6165363-3.9%
Taiwan (Chinese)8.0114115357254.7%
Philippines49.714.615223367.4%
France731694420117-45.7%
Bangladesh9967.02800.2-94.1%
Others7673061,076478-14.6%
Total10,3979,80913,40611,8184.4%

Top Export Markets for Water-Skis and Surfboards from Singapore in 2022:

  1. Bangladesh (undefinedK units)
  2. Indonesia (321.4K units)
  3. United States (141.7K units)
  4. Germany (132.6K units)
  5. Malaysia (88.8K units)
  6. Thailand (33.7K units)
  7. Japan (33.3K units)
  8. China (26.6K units)
  9. Taiwan (Chinese) (26.2K units)
  10. Philippines (17.1K units)
  11. France (7.5K units)

Water-Skis and Surfboards Imports in Singapore

Water-skis and surfboards imports into Singapore skyrocketed to 1.2M units in 2022, increasing by 16% against 2021 figures. Over the period under review, imports, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports attained the peak figure at 1.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, water-skis and surfboards imports rose sharply to $11M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Water-Skis and Surfboards in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8921,2591,5962,28136.7%
China1,9551,0671,6632,1923.9%
Italy9078251,2571,1929.5%
Germany1,96140.9498789-26.2%
Hong Kong SAR42864036067316.3%
France1,7978881,045483-35.5%
Thailand27715741639712.7%
Japan17313435636728.5%
Taiwan (Chinese)400274360346-4.7%
Australia19636074434420.6%
Malaysia19423236534421.0%
Indonesia19357.32002549.6%
South Africa14462.077.01797.5%
Others1,6547871,1641,576-1.6%
Total11,1706,78510,10011,4170.7%

Top Suppliers of Water-Skis and Surfboards to Singapore in 2022:

  1. United States (240.7K units)
  2. China (220.6K units)
  3. Italy (125.7K units)
  4. Germany (82.5K units)
  5. Hong Kong SAR (71.1K units)
  6. France (43.2K units)
  7. Thailand (39.5K units)
  8. Japan (38.8K units)
  9. Australia (36.2K units)
  10. Taiwan (Chinese) (36.1K units)
  11. Malaysia (34.3K units)
  12. Indonesia (23.6K units)
  13. South Africa (18.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the water-skis and surfboards 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 32301300 - Water-skis, surfboards, sailboards and other water-sport equipment

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Water-Skis, Surfboards And Sailboards - Singapore