Singapore - Railway Or Tramway Maintenance Or Service Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRailway Maintenance Vehicle Price in Singapore - 2022
Contents:
- Railway Maintenance Vehicle Price in Singapore (FOB) - 2022
- Railway Maintenance Vehicle Price in Singapore (CIF) - 2022
- Railway Maintenance Vehicle Exports in Singapore
- Railway Maintenance Vehicle Imports in Singapore
Railway Maintenance Vehicle Price in Singapore (FOB) - 2022
The average railway maintenance vehicle export price stood at $94,091 per unit in 2022, with a decrease of -3.6% against the previous year. Overall, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2021 an increase of 40%. The export price peaked at $249,655 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($180,237 per unit), while the average price for exports to Brunei Darussalam amounted to $38 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.5%).
Railway Maintenance Vehicle Price in Singapore (CIF) - 2022
In 2022, the average railway maintenance vehicle import price amounted to $224,385 per unit, rising by 108% against the previous year. In general, the import price posted prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 30,591%. Over the period under review, average import prices reached the maximum at $799,549 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($2,617,849 per unit), while the price for Belgium ($2,146 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+57.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Railway Maintenance Vehicle Exports in Singapore
Railway maintenance vehicle exports from Singapore shrank remarkably to 22 units in 2022, which is down by -38.9% on the year before. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 300% against the previous year. As a result, the exports attained the peak of 36 units, and then contracted sharply in the following year.
In value terms, railway maintenance vehicle exports shrank markedly to $2.1M in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 461%. As a result, the exports attained the peak of $3.5M, and then declined markedly in the following year.
Export of Railway Maintenance Vehicle in Singapore (USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brunei Darussalam | 556 | 492 | 628 | 811 | 13.4% |
Others | 752,893 | 625,824 | 3,513,044 | 2,069,183 | 40.1% |
Total | 753,449 | 626,316 | 3,513,672 | 2,069,994 | 40.1% |
Top Export Markets for Railway Maintenance Vehicle from Singapore in 2022:
- Brunei Darussalam (22.0 units)
Railway Maintenance Vehicle Imports in Singapore
In 2022, approx. 44 units of railway or tramway maintenance or service vehicles were imported into Singapore; increasing by 38% on the previous year. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 73% against the previous year. As a result, imports reached the peak of 57 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, railway maintenance vehicle imports soared to $9.9M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 193% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Railway Maintenance Vehicle in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 257 | 544 | 736 | 4,094 | 151.6% |
Austria | 267 | 591 | 872 | 3,113 | 126.8% |
China | 10.8 | 0.1 | 507 | 1,454 | 412.5% |
Italy | 255 | 1,220 | 1,210 | 279 | 3.0% |
Germany | 27.8 | 67.1 | 0.4 | 248 | 107.4% |
Australia | 33.8 | 70.7 | 112 | 221 | 87.0% |
Malaysia | 0.1 | 0.2 | 0.4 | 74.3 | 805.7% |
United Kingdom | 0.1 | 0.5 | 2.0 | 36.6 | 615.3% |
Japan | 1.2 | 3.0 | 4.0 | 6.6 | 76.5% |
France | 0.5 | 0.9 | 0.8 | 4.7 | 111.0% |
Belgium | N/A | N/A | N/A | 1.3 | 0% |
Others | 2.2 | 6.1 | 9.2 | 340 | 436.6% |
Total | 854 | 2,504 | 3,453 | 9,873 | 126.1% |
Top Suppliers of Railway Maintenance Vehicle to Singapore in 2022:
- United States (7.0 units)
- Germany (7.0 units)
- United Kingdom (5.0 units)
- China (4.0 units)
- Japan (3.0 units)
- Malaysia (2.0 units)
- Australia (1.0 units)
- Italy (1.0 units)
- France (1.0 units)
- Austria (1.0 units)
- Belgium (1.0 units)
This report provides an in-depth analysis of the railway maintenance vehicle 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 30203100 - Railway or tramway maintenance or service vehicles (including workshops, cranes, ballast tampers, track-liners, t esting coaches and track inspection vehicles)
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
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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
This report provides an in-depth analysis of the railway maintenance vehicle market in Singapore.
This report provides an in-depth analysis of the global railway maintenance vehicle market.
This report provides an in-depth analysis of the railway maintenance vehicle market in Singapore.
This report provides an in-depth analysis of the global railway maintenance vehicle market.
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