Price for Tanker Trailers and Tanker Semi-Trailers in Singapore - 2022

Contents:

1. Price for Tanker Trailers and Tanker Semi-Trailers in Singapore (CIF) - 2022
2. Price for Tanker Trailers and Tanker Semi-Trailers in Singapore (FOB) - 2022
3. Imports of Tanker Trailers and Tanker Semi-Trailers in Singapore
4. Exports of Tanker Trailers and Tanker Semi-Trailers in Singapore

Price for Tanker Trailers and Tanker Semi-Trailers in Singapore (CIF) - 2022

The average import price for tanker trailers and tanker semi-trailerses stood at $66,895 per unit in 2022, dropping by -19.6% against the previous year. Over the period under review, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 118% against the previous year. The import price peaked at $122,290 per unit 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 the UK ($213,544 per unit), while the price for Qatar ($4,677 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 Arab Emirates (+46.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanker Trailers and Tanker Semi-Trailers in Singapore (FOB) - 2022

In 2022, the average export price for tanker trailers and tanker semi-trailerses amounted to $11,882 per unit, which is down by -50.4% against the previous year. Overall, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of 153%. Over the period under review, the average export prices attained the peak figure at $36,852 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +0.5% per year.

Imports of Tanker Trailers and Tanker Semi-Trailers in Singapore

Tanker trailers and tanker semi-trailers imports into Singapore surged to 15 units in 2022, rising by 50% on 2021. Over the period under review, imports recorded a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 150% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, tanker trailers and tanker semi-trailers imports soared to $1M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 444% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Tanker Trailers and Tanker Semi-Trailers to Singapore in 2022:

1. Malaysia (6.0 units)
2. China (4.0 units)
3. India (2.0 units)
4. Qatar (1.0 units)
5. Taiwan (Chinese) (1.0 units)
6. United Kingdom (1.0 units)

Exports of Tanker Trailers and Tanker Semi-Trailers in Singapore

In 2022, tanker trailers and tanker semi-trailers exports from Singapore fell significantly to 15 units, declining by -54.5% against the year before. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 230%. As a result, the exports attained the peak of 33 units, and then dropped notably in the following year.

In value terms, tanker trailers and tanker semi-trailers exports declined notably to $178K in 2022. Over the period under review, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 573% against the previous year. As a result, the exports reached the peak of $791K, and then dropped notably in the following year.

Top Export Markets for Tanker Trailers and Tanker Semi-Trailers from Singapore in 2022:

1. Qatar (15.0 units)

Source: IndexBox Market Intelligence Platform