Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore - 2023

Contents:

  1. Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore (FOB) - 2022
  2. Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore (CIF) - 2022
  3. Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore
  4. Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore

Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore (FOB) - 2022

The average export price for surveying equipment; parts and accessories for articles of heading no. 9015 stood at $188,524 per ton in 2022, with a decrease of -33.2% against the previous year. Over the period under review, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $294,119 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($418,346 per ton), while the average price for exports to South Korea ($161,092 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore (CIF) - 2022

The average import price for surveying equipment; parts and accessories for articles of heading no. 9015 stood at $173,833 per ton in 2022, declining by -2.9% against the previous year. Overall, the import price showed a slight decline. The most prominent rate of growth was recorded in 2017 when the average import price decreased by -1.5%. The import price peaked at $204,143 per ton in 2012; however, from 2013 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 Switzerland ($627,466 per ton), while the price for Thailand ($18,499 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore

In 2022, approx. 435 tons of surveying equipment; parts and accessories for articles of heading no. 9015 were exported from Singapore; surging by 8.8% compared with the previous year. Over the period under review, exports, however, recorded a drastic downturn.

In value terms, exports of surveying equipment; parts and accessories for articles of heading no. 9015 fell to $109M in 2022. Overall, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 1.4% against the previous year.

Export of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia13.813.011.410.3-9.3%
Malaysia17.89.110.510.3-16.7%
China6.84.75.810.314.8%
Germany7.06.07.49.08.7%
United States8.89.16.77.6-4.8%
Switzerland8.86.99.87.1-6.9%
United Arab Emirates21.74.35.06.8-32.1%
Australia7.05.66.65.7-6.6%
Vietnam3.16.72.94.311.5%
South Korea0.90.20.23.963.0%
New Zealand0.92.75.73.861.6%
Netherlands1.01.61.23.348.9%
United Kingdom6.36.74.92.1-30.7%
Others38.534.934.624.0-14.6%
Total142111113109-8.4%

Top Export Markets for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 from Singapore in 2022:

  1. Germany (46.6 tons)
  2. United States (42.1 tons)
  3. China (36.4 tons)
  4. Indonesia (34.8 tons)
  5. Malaysia (34.6 tons)
  6. United Arab Emirates (24.4 tons)
  7. South Korea (24.4 tons)
  8. Australia (23.6 tons)
  9. Vietnam (17.7 tons)
  10. Switzerland (17.1 tons)
  11. New Zealand (16.7 tons)
  12. Netherlands (14.6 tons)
  13. United Kingdom (12.7 tons)

Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore

In 2022, imports of surveying equipment; parts and accessories for articles of heading no. 9015 into Singapore reduced to 497 tons, falling by -8% compared with the previous year's figure. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 2.3% against the previous year.

In value terms, imports of surveying equipment; parts and accessories for articles of heading no. 9015 contracted sharply to $81M in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 0.8%.

Import of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43.529.020.418.6-24.7%
Switzerland8.29.012.013.518.1%
Germany10.28.811.813.49.5%
China8.013.816.88.41.6%
Malaysia4.98.69.06.49.3%
United Kingdom19.48.99.34.1-40.4%
Norway22.14.42.64.0-43.4%
Canada1.81.01.92.15.3%
Taiwan (Chinese)0.51.21.01.544.2%
Netherlands2.30.80.90.7-32.7%
Thailand2.00.40.40.3-46.9%
Others16.310.110.77.9-21.4%
Total13995.996.880.9-16.5%

Top Suppliers of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 to Singapore in 2022:

  1. Malaysia (114.6 tons)
  2. China (79.7 tons)
  3. United States (66.8 tons)
  4. Norway (57.9 tons)
  5. Germany (51.4 tons)
  6. United Kingdom (22.0 tons)
  7. Switzerland (21.5 tons)
  8. Thailand (14.4 tons)
  9. Taiwan (Chinese) (8.4 tons)
  10. Canada (8.1 tons)
  11. Netherlands (7.0 tons)

Source: IndexBox Market Intelligence Platform

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