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Singapore - Self-Propelled Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSelf-Propelled Boring Machinery Price in Singapore - 2022
Contents:
- Self-Propelled Boring Machinery Price in Singapore (CIF) - 2022
- Self-Propelled Boring Machinery Price in Singapore (FOB) - 2022
- Self-Propelled Boring Machinery Imports in Singapore
- Self-Propelled Boring Machinery Exports in Singapore
Self-Propelled Boring Machinery Price in Singapore (CIF) - 2022
In 2022, the average self-propelled boring machinery import price amounted to $28,421 per unit, shrinking by -4.2% against the previous year. In general, the import price showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 an increase of 41%. The import price peaked at $73,595 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($95,208 per unit), while the price for Taiwan (Chinese) ($4,748 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Self-Propelled Boring Machinery Price in Singapore (FOB) - 2022
In 2022, the average self-propelled boring machinery export price amounted to $30,792 per unit, picking up by 11% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 14%. As a result, the export price reached the peak level of $52,236 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($232,543 per unit), while the average price for exports to Ghana ($4,107 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 Germany (+156.6%), while the prices for the other major destinations experienced more modest paces of growth.
Self-Propelled Boring Machinery Imports in Singapore
In 2022, approx. 1.3K units of self-propelled boring or sinking machinery were imported into Singapore; with a decrease of -14.6% against the year before. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. Over the period under review, imports hit record highs at 1.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, self-propelled boring machinery imports declined dramatically to $38M in 2022. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 7.9% against the previous year. Imports peaked at $58M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Self-Propelled Boring Machinery in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 26.7 | 23.2 | 26.5 | 15.3 | -16.9% |
Germany | 7.7 | 1.1 | 2.5 | 4.5 | -16.4% |
Canada | N/A | N/A | N/A | 3.6 | 0% |
Italy | 8.2 | 7.3 | 4.1 | 3.2 | -26.9% |
United States | 0.3 | 1.1 | 5.0 | 3.2 | 120.1% |
Japan | 2.0 | 0.6 | 0.4 | 1.7 | -5.3% |
South Korea | 5.6 | 0.9 | 0.3 | 1.4 | -37.0% |
Norway | 3.2 | N/A | N/A | 1.2 | -27.9% |
Taiwan (Chinese) | N/A | N/A | 1.6 | 0.3 | -81.3% |
Malaysia | 1.8 | 0.1 | N/A | 0.1 | -61.8% |
Thailand | N/A | 1.7 | N/A | N/A | 0% |
Others | 2.1 | 6.4 | 5.6 | 3.0 | 12.6% |
Total | 57.6 | 42.5 | 45.9 | 37.6 | -13.3% |
Top Suppliers of Self-Propelled Boring Machinery to Singapore in 2022:
- United States (442.0 units)
- Canada (293.0 units)
- China (161.0 units)
- South Korea (100.0 units)
- Germany (82.0 units)
- Norway (71.0 units)
- Taiwan (Chinese) (57.0 units)
- Japan (51.0 units)
- Italy (9.0 units)
- Malaysia (4.0 units)
- Thailand (1.0 units)
Self-Propelled Boring Machinery Exports in Singapore
In 2022, approx. 2.4K units of self-propelled boring or sinking machinery were exported from Singapore; jumping by 236% against 2021 figures. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, self-propelled boring machinery exports surged to $73M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Self-Propelled Boring Machinery in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | N/A | 0.1 | N/A | 54.3 | 2230.2% |
Indonesia | 1.5 | 1.5 | 7.0 | 4.1 | 39.8% |
Philippines | 1.4 | 1.8 | 1.6 | 2.5 | 21.3% |
South Korea | 0.1 | N/A | 0.7 | 2.1 | 175.9% |
Ghana | N/A | N/A | N/A | 1.1 | 0% |
Germany | N/A | 0.9 | N/A | 0.9 | 0.0% |
Hong Kong SAR | 2.8 | 1.5 | 0.2 | N/A | -73.3% |
Others | 6.2 | 7.7 | 10.0 | 8.0 | 8.9% |
Total | 11.9 | 13.7 | 19.6 | 73.0 | 83.1% |
Top Export Markets for Self-Propelled Boring Machinery from Singapore in 2022:
- Saudi Arabia (1447.0 units)
- Indonesia (376.0 units)
- Ghana (278.0 units)
- South Korea (85.0 units)
- Philippines (56.0 units)
- Germany (38.0 units)
This report provides an in-depth analysis of the self-propelled boring machinery market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28921253 - Self-propelled boring or sinking machinery
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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