Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore - 2023

Contents:

  1. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore (CIF) - 2022
  2. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore (FOB) - 2022
  3. Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore
  4. Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore (CIF) - 2022

In 2022, the average import price for saws for working in the hand, with self-contained electric motor amounted to $55 per unit, increasing by 53% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The growth pace was the most rapid in 2020 when the average import price increased by 79%. The import price peaked at $64 per unit in 2012; however, from 2013 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 Japan ($101 per unit), while the price for China ($42 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.3%), while the prices for the other major suppliers experienced a decline.

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore (FOB) - 2022

In 2022, the average export price for saws for working in the hand, with self-contained electric motor amounted to $1.7 per unit, waning by -96.3% against the previous year. Over the period under review, the export price faced a dramatic contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 196% against the previous year. Over the period under review, the average export prices hit record highs at $137 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($8.4 per unit), while the average price for exports to Indonesia ($1.1 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 Vietnam (-8.7%), while the prices for the other major destinations experienced a decline.

Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore

In 2022, imports of saws for working in the hand, with self-contained electric motor into Singapore declined notably to 18K units, dropping by -49.6% on the previous year. Over the period under review, imports recorded a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 97% against the previous year. Imports peaked at 59K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of saws for working in the hand, with self-contained electric motor contracted rapidly to $995K in 2022. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Imports peaked at $1.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,215709949691-17.1%
Czech Republic4.85.631.032.589.2%
Thailand89.72.70.423.5-36.0%
Taiwan (Chinese)1.611.627.116.0115.4%
Romania16181.7N/A0.5-85.4%
Others382214283231-15.4%
Total1,8541,0251,290995-18.7%

Top Suppliers of Saws for Working in the Hand, with Self-Contained Electric Motor to Singapore in 2022:

  1. China (16.4K units)
  2. Czech Republic (0.4K units)
  3. Taiwan (Chinese) (0.3K units)
  4. Thailand (0.1K units)

Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore

For the fourth year in a row, Singapore recorded growth in overseas shipments of saws for working in the hand, with self-contained electric motor, which increased by 430% to 348K units in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 752%. Over the period under review, the exports of saws for working in hand, with self-contained electric motor reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of saws for working in the hand, with self-contained electric motor contracted rapidly to $598K in 2022. In general, exports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 383% against the previous year. As a result, the exports attained the peak of $3M, and then contracted markedly in the following year.

Export of Saws for Working in the Hand, with Self-Contained Electric Motor in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia54.512.226.924965.9%
Malaysia62.545.479.413830.2%
Bangladesh7.99.90.366.6103.5%
Qatar29135913917.1-61.1%
KuwaitN/A17.134.014.5-7.9%
TurkeyN/A23.33.912.2-27.6%
China2.61.22,5380.2-57.5%
Others214158199101-22.1%
Total6326263,021598-1.8%

Top Export Markets for Saws for Working in the Hand, with Self-Contained Electric Motor from Singapore in 2022:

  1. Indonesia (229.9K units)
  2. Malaysia (55.7K units)
  3. Bangladesh (22.4K units)
  4. Kuwait (7.1K units)
  5. Turkey (5.4K units)
  6. Qatar (4.4K units)

Source: IndexBox Market Intelligence Platform

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