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Singapore - Wheelchairs - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Wheelchair Market Overview 2021

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Wheelchair Market Size in Singapore

The Singaporean wheelchair market expanded remarkably to $X in 2020, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a strong expansion. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Wheelchair Exports

Exports from Singapore

Wheelchair exports from Singapore shrank sharply to X units in 2020, which is down by -X% compared with 2019. Overall, exports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. Exports peaked at X units in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, wheelchair exports dropped notably to $X in 2020. Over the period under review, exports recorded a mild slump. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

Malaysia (X units) was the main destination for wheelchair exports from Singapore, accounting for a X% share of total exports. Moreover, wheelchair exports to Malaysia exceeded the volume sent to the second major destination, Indonesia (X units), fivefold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Malaysia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-X% per year) and China (+X% per year).

In value terms, Malaysia ($X) remains the key foreign market for wheelchair exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Finland ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Indonesia (+X% per year).

Export Prices by Country

The average wheelchair export price stood at $X per unit in 2020, falling by -X% against the previous year. Overall, the export price, however, showed a noticeable increase. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. The export price peaked at $X per unit in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Finland ($X per unit), while the average price for exports to Sri Lanka ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Wheelchair Imports

Imports into Singapore

Wheelchair imports into Singapore declined remarkably to X units in 2020, which is down by -X% on 2019. Overall, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, wheelchair imports skyrocketed to $X in 2020. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest wheelchair supplier to Singapore, with a X% share of total imports. Moreover, wheelchair imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Taiwan (Chinese) (-X% per year).

In value terms, China ($X) constituted the largest supplier of wheelchair to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The average wheelchair import price stood at $X per unit in 2020, rising by X% against the previous year. In general, import price indicated tangible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per unit in 2016; however, from 2017 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheelchairs in the world?
+
The country with the largest volume of wheelchair consumption was India (16M units), accounting for 41% of total volume. Moreover, wheelchair consumption in India exceeded the figures recorded by the second-largest consumer, China (4.1M units), fourfold. The third position in this ranking was occupied by the U.S. (2M units), with a 5.1% share.
What are the largest producers of wheelchairs in the world?
+
The countries with the highest volumes of wheelchair production in 2020 were India (16M units), China (12M units) and Pakistan (802K units), together comprising 69% of global production.
What are the leading suppliers of wheelchairs to Singapore?
+
In value terms, China ($4.8M) constituted the largest supplier of wheelchair to Singapore, comprising 77% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($390K), with a 6.2% share of total imports.
What are the leading importers of wheelchairs from Singapore?
+
In value terms, Malaysia ($48K) remains the key foreign market for wheelchair exports from Singapore, comprising 44% of total exports. The second position in the ranking was occupied by Finland ($11K), with a 10% share of total exports. It was followed by Indonesia, with a 9.9% share.
What is the average export price for wheelchairs in Singapore?
+
In 2020, the average wheelchair export price amounted to $270 per unit, reducing by -19.8% against the previous year.
What is the average import price for wheelchairs in Singapore?
+
The average wheelchair import price stood at $156 per unit in 2020, jumping by 42% against the previous year.

Product coverage:
• Prodcom 30922030 - Invalid carriages not mechanically propelled
• Prodcom 30922090 - Invalid carriages motorised or mechanically propelled

This report provides an in-depth analysis of the wheelchair 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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