Singapore: Typewriter Market 2023

Typewriter Market Size in Singapore

For the fifth year in a row, the Singaporean typewriter market recorded decline in sales value, which decreased by -0.2% to $X in 2021. Overall, consumption recorded a abrupt contraction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Typewriter Production in Singapore

In value terms, typewriter production amounted to $X in 2021 estimated in export price. In general, production, however, showed a deep downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by 34% against the previous year. Typewriter production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Typewriter Exports

Exports from Singapore

For the third year in a row, Singapore recorded growth in shipments abroad of typewriters and word-processing machines, which increased by 108% to X units in 2021. In general, exports continue to indicate a noticeable increase. The growth pace was the most rapid in 2017 with an increase of 162%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, typewriter exports declined slightly to $X in 2021. Over the period under review, exports, however, saw a significant decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 127%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The Philippines (X units), Timor-Leste (X units) and India (X units) were the main destinations of typewriter exports from Singapore, with a combined 86% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +23.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the key foreign market for typewriters and word-processing machines exports from Singapore, comprising 44% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 9.7% share of total exports. It was followed by the Philippines, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to India stood at -18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-29.1% per year) and the Philippines (-29.8% per year).

Export Prices by Country

In 2021, the average typewriter export price amounted to $X per unit, waning by -54.3% against the previous year. In general, the export price continues to indicate a significant decline. The pace of growth was the most pronounced in 2016 when the average export price increased by 58%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+29.4%), while the prices for the other major destinations experienced a decline.

Typewriter Imports

Imports into Singapore

Typewriter imports into Singapore declined sharply to X units in 2021, with a decrease of -16.7% on 2020. Over the period under review, imports faced a abrupt slump. The growth pace was the most rapid in 2014 when imports increased by 870% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, typewriter imports dropped to $X in 2021. Overall, imports showed a abrupt slump. The growth pace was the most rapid in 2014 when imports increased by 955%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Indonesia (X units), the United States (X units) and Malaysia (X units) were the main suppliers of typewriter imports to Singapore, together accounting for 66% of total imports. These countries were followed by South Korea, Hong Kong SAR, Thailand, South Africa, China and Japan, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +46.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constituted the largest supplier of typewriters and word-processing machines to Singapore, comprising 18% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 7% share of total imports. It was followed by the United States, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value from Indonesia totaled -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-24.4% per year) and the United States (-15.3% per year).

Import Prices by Country

The average typewriter import price stood at $X per unit in 2021, surging by 4.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 21% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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