Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore - 2023

Contents:

  1. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore (CIF) - 2022
  2. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore (FOB) - 2022
  3. Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore
  4. Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore (CIF) - 2022

In 2022, the average import price for boilers; watertube boilers with a steam production not exceeding 45t per hour amounted to $13,847 per ton, picking up by 39% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 67% against the previous year. As a result, import price attained the peak level of $17,026 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($15,124 per ton) and Malaysia ($15,124 per ton), while the price for the UK ($10,855 per ton) and the United States ($15,122 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore (FOB) - 2022

In 2022, the average export price for boilers; watertube boilers with a steam production not exceeding 45t per hour amounted to $11,982 per ton, dropping by -13.6% against the previous year. Overall, the export price, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2018 an increase of 57% against the previous year. As a result, the export price reached the peak level of $21,739 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Indonesia ($7,894 per ton) and Malaysia ($7,894 per ton), while the average price for exports to Bangladesh ($6,596 per ton) and the United Arab Emirates ($7,610 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+6.3%), while the prices for the other major destinations experienced a decline.

Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore

In 2022, overseas purchases of boilers; watertube boilers with a steam production not exceeding 45t per hour decreased by -36% to 67 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 104%. As a result, imports reached the peak of 108 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of boilers; watertube boilers with a steam production not exceeding 45t per hour shrank to $923K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 -24.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 108%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom93.943327921632.0%
MexicoN/AN/AN/A1880%
Japan5.923230.4179211.9%
Germany28845116498.2-30.1%
IndonesiaN/AN/A27797.5-64.8%
United States12.8N/AN/A46.353.5%
Malaysia3.60.436.435.7114.8%
China1.362.420222.3157.9%
Canada169N/AN/AN/A0%
Others9.035.847.540.465.0%
Total5841,2151,03692316.5%

Top Suppliers of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour to Singapore in 2022:

  1. United Kingdom (19.9 tons)
  2. Mexico (12.4 tons)
  3. Japan (11.8 tons)
  4. Germany (6.5 tons)
  5. Indonesia (6.4 tons)
  6. United States (3.1 tons)
  7. Malaysia (2.4 tons)
  8. China (1.5 tons)

Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore

After three years of growth, shipments abroad of boilers; watertube boilers with a steam production not exceeding 45t per hour decreased by -54.6% to 9.3 tons in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 247% against the previous year.

In value terms, exports of boilers; watertube boilers with a steam production not exceeding 45t per hour dropped markedly to $111K in 2022. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 310% against the previous year. As a result, the exports attained the peak of $317K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh28.99.8N/A43.915.0%
Indonesia4.73.727314.846.6%
Malaysia2.62212.25.024.4%
China27.3N/AN/AN/A0%
Brunei DarussalamN/A61.6N/AN/A0%
MyanmarN/A18.7N/AN/A0%
Others13.72.18.047.451.2%
Total77.231728411112.9%

Top Export Markets for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour from Singapore in 2022:

  1. Bangladesh (6.7 tons)
  2. Indonesia (1.9 tons)
  3. Malaysia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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