Rangefinders Price in Singapore - 2022

Contents:

  1. Rangefinders Price in Singapore (FOB) - 2022
  2. Rangefinders Price in Singapore (CIF) - 2022
  3. Rangefinders Exports in Singapore
  4. Rangefinders Imports in Singapore

Rangefinders Price in Singapore (FOB) - 2022

The average rangefinders export price stood at $167 per unit in 2022, waning by -35.4% against the previous year. Overall, the export price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices reached the maximum at $258 per unit in 2021, and then declined notably in the following year.

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 Malaysia ($436 per unit), while the average price for exports to the Philippines ($19 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 Indonesia (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Rangefinders Price in Singapore (CIF) - 2022

In September 2022, the average rangefinders import price amounted to $401 per unit, picking up by 52% against the previous month. In general, the import price posted a strong expansion. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 69% against the previous month. Over the period under review, average import prices attained the peak figure in September 2022.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the Czech Republic ($955 per unit), while the price for Indonesia ($23.1 per unit) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Rangefinders Exports in Singapore

In 2022, shipments abroad of rangefinderses increased by 191% to 361K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rangefinders exports soared to $60M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Rangefinders in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.82.42.714.171.4%
Indonesia0.53.80.35.8126.4%
United States2.51.20.94.117.9%
India1.20.90.83.340.1%
Malaysia0.20.40.72.7138.1%
South Korea0.20.30.51.9111.8%
Vietnam0.30.30.31.258.7%
Norway0.1N/A0.21.2128.9%
Serbia0.20.20.11.176.5%
EgyptN/AN/AN/A1.00%
Oman0.10.20.20.8100.0%
United KingdomN/AN/AN/A0.70%
Philippines0.2N/AN/A0.20.0%
Others14.016.925.121.916.1%
Total22.426.532.060.139.0%

Top Export Markets for Rangefinders from Singapore in 2022:

  1. Germany (95.4K units)
  2. Indonesia (69.1K units)
  3. South Korea (39.9K units)
  4. United States (35.8K units)
  5. Philippines (12.1K units)
  6. Vietnam (10.2K units)
  7. United Kingdom (9.3K units)
  8. India (9.0K units)
  9. Egypt (7.3K units)
  10. Norway (6.9K units)
  11. Malaysia (6.1K units)
  12. Serbia (5.3K units)
  13. Oman (5.2K units)

Rangefinders Imports in Singapore

In 2022, the amount of rangefinderses imported into Singapore surged to 183K units, growing by 64% compared with 2021. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 118% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, rangefinders imports soared to $37M in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 114%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Rangefinders in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,5731,7117,37210,48259.7%
Malaysia2402771,3261,80595.9%
Hungary1,0127251,3181,79521.0%
Switzerland46.20.242.71,742235.3%
Israel1,7148191,0341,678-0.7%
China8175308661,40819.9%
United States1,063141392974-2.9%
Indonesia36.741.8610830182.8%
South Africa34.695.344.5756179.6%
Vietnam18.5176531723239.4%
Canada1560.66.326419.2%
Czech Republic0.860.9135184512.7%
Belgium96.647.963.843.1-23.6%
Others6,2376,0689,19714,66233.0%
Total14,04710,69422,93937,34538.5%

Top Suppliers of Rangefinders to Singapore in 2022:

  1. Switzerland (41.3K units)
  2. United States (29.7K units)
  3. Germany (29.0K units)
  4. China (11.2K units)
  5. Israel (6.4K units)
  6. Indonesia (6.2K units)
  7. Canada (5.8K units)
  8. Malaysia (5.6K units)
  9. Vietnam (4.4K units)
  10. Czech Republic (3.4K units)
  11. South Africa (2.9K units)
  12. Hungary (2.6K units)
  13. Belgium (1.9K units)

Source: IndexBox Market Intelligence Platform

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