Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore - 2023
Contents:
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore (CIF) - 2022
- Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore (FOB) - 2022
- Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore
- Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore (CIF) - 2022
The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $484 per unit in 2022, which is down by -31% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 51% against the previous year. Over the period under review, average import prices hit record highs at $767 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,197 per unit), while the price for China ($269 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore (FOB) - 2022
In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $632 per unit, with an increase of 53% against the previous year. Overall, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 144%. The export price peaked at $906 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($1,022 per unit), while the average price for exports to Thailand ($153 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 Malaysia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore
In 2022, approx. 3K units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were imported into Singapore; increasing by 11% against the previous year's figure. Over the period under review, imports, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. Imports peaked at 5.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses fell dramatically to $1.4M in 2022. In general, imports, however, saw a dramatic slump. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Imports peaked at $4.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,001 | 610 | 369 | 531 | -35.7% |
Indonesia | 633 | 76.7 | 404 | 199 | -32.0% |
South Korea | 246 | 313 | 5.4 | 157 | -13.9% |
Japan | 479 | 295 | 544 | 153 | -31.6% |
Malaysia | 132 | 107 | 55.8 | 82.0 | -14.7% |
United Kingdom | 13.6 | N/A | 3.8 | 53.2 | 57.6% |
Italy | 382 | 5.6 | 420 | 47.3 | -50.2% |
Others | 171 | 41.5 | 73.8 | 210 | 7.1% |
Total | 4,057 | 1,449 | 1,875 | 1,433 | -29.3% |
Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Singapore in 2022:
- China (1972.0 units)
- South Korea (257.0 units)
- Japan (218.0 units)
- Indonesia (166.0 units)
- Italy (131.0 units)
- Malaysia (96.0 units)
- United Kingdom (63.0 units)
Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore
In 2022, approx. 567 units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were exported from Singapore; with a decrease of -41.3% on the year before. Overall, exports faced a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 72% against the previous year. The exports peaked at 3.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses contracted to $359K in 2022. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. Over the period under review, the exports of hit record highs at $612K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 213 | 46.1 | 83.6 | 208 | -0.8% |
Indonesia | 236 | 72.2 | 290 | 119 | -20.4% |
Sri Lanka | N/A | N/A | 8.5 | 12.3 | 44.7% |
India | 2.2 | N/A | N/A | 3.8 | 20.0% |
Thailand | 6.9 | N/A | 3.9 | 2.1 | -32.7% |
Morocco | 0.2 | N/A | N/A | N/A | 0% |
Italy | 55.0 | N/A | N/A | N/A | 0% |
Others | 98.6 | 147 | 13.6 | 13.6 | -48.3% |
Total | 612 | 266 | 400 | 359 | -16.3% |
Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Singapore in 2022:
- Malaysia (386.0 units)
- Indonesia (131.0 units)
- Thailand (14.0 units)
- Sri Lanka (12.0 units)
- India (10.0 units)
This report provides an in-depth analysis of the automatic goods-vending machine market in Singapore.
Global Automatic Goods-Vending Machine Market Report 2018. This report provides an in-depth analysis of the global automatic goods-vending machine market.
This report provides an in-depth analysis of the automatic goods-vending machine market in Singapore.
Global Automatic Goods-Vending Machine Market Report 2018. This report provides an in-depth analysis of the global automatic goods-vending machine market.
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