Singapore - Way-Type Unit Heads For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWay-Type Unit Head Price in Singapore - 2022
Contents:
- Way-Type Unit Head Price in Singapore (FOB) - 2022
- Way-Type Unit Head Price in Singapore (CIF) - 2022
- Way-Type Unit Head Exports in Singapore
- Way-Type Unit Head Imports in Singapore
Way-Type Unit Head Price in Singapore (FOB) - 2022
In 2022, the average way-type unit head export price amounted to $191 per unit, which is down by -61.7% against the previous year. In general, the export price saw a abrupt downturn. The growth pace was the most rapid in 2017 when the average export price increased by 452%. The export price peaked at $4,937 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,042 per unit), while the average price for exports to Malaysia ($169 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 Australia (+1.9%), while the prices for the other major destinations experienced a decline.
Way-Type Unit Head Price in Singapore (CIF) - 2022
The average way-type unit head import price stood at $3,719 per unit in 2022, with an increase of 2,570% against the previous year. In general, the import price showed significant growth. The import price peaked at $6,238 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 the United States ($77,278 per unit), while the price for Malaysia ($1,117 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+80.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Way-Type Unit Head Exports in Singapore
In 2022, the amount of way-type unit heads for working metal exported from Singapore surged to 1.6K units, rising by 95% compared with the previous year. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, way-type unit head exports contracted rapidly to $297K in 2022. In general, exports, however, recorded a sharp descent. Over the period under review, the exports reached the maximum at $1.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Way-Type Unit Head in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,225 | 769 | 124 | 244 | -41.6% |
| India | 0.1 | N/A | N/A | 22.3 | 506.4% |
| Germany | N/A | N/A | 243 | 2.5 | -99.0% |
| Sweden | N/A | N/A | 3.1 | N/A | 0% |
| Denmark | 55.6 | N/A | N/A | N/A | 0% |
| Others | 109 | 56.1 | 26.6 | 28.4 | -36.1% |
| Total | 1,390 | 825 | 397 | 297 | -40.2% |
Top Export Markets for Way-Type Unit Head from Singapore in 2022:
- Malaysia (1444.0 units)
- India (80.0 units)
- Germany (3.0 units)
Way-Type Unit Head Imports in Singapore
Way-type unit head imports into Singapore reduced dramatically to 17 units in 2022, falling by -93.1% on the year before. In general, imports continue to indicate a sharp shrinkage. The smallest decline of -41% was in 2021. Over the period under review, imports attained the peak figure at 4.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, way-type unit head imports skyrocketed to $63K in 2022. Over the period under review, imports faced a dramatic decrease. Over the period under review, imports reached the maximum at $371K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Way-Type Unit Head in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.7 | 11.5 | 6.3 | 23.9 | -8.0% |
| Malaysia | 6.5 | 0.3 | 0.4 | 16.6 | 36.7% |
| Italy | 228 | 0.5 | N/A | 12.9 | -61.6% |
| China | 26.0 | N/A | 0.7 | 6.5 | -37.0% |
| Japan | 10.1 | 85.6 | N/A | N/A | 747.5% |
| Indonesia | N/A | N/A | 10.7 | N/A | 0% |
| Denmark | 55.9 | N/A | N/A | N/A | 0% |
| Myanmar | N/A | 2.7 | N/A | N/A | 0% |
| Others | 13.8 | 52.2 | 15.9 | 3.4 | -37.3% |
| Total | 371 | 153 | 34.1 | 63.2 | -44.6% |
Top Suppliers of Way-Type Unit Head to Singapore in 2022:
- Malaysia (15.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the way-type unit head 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 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
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
-
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
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