Singapore - Draw-Benches For Bars, Tubes, Profiles, Wire Or The Like - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Draw-Benches For Bars, Tubes, Profiles, Wire Or The Like - Market Analysis, Forecast, Size, Trends And Insights

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Bar Draw-Bench Price in Singapore - 2022

Contents:

  1. Bar Draw-Bench Price in Singapore (CIF) - 2022
  2. Bar Draw-Bench Price in Singapore (FOB) - 2022
  3. Bar Draw-Bench Imports in Singapore
  4. Bar Draw-Bench Exports in Singapore

Bar Draw-Bench Price in Singapore (CIF) - 2022

The average bar draw-bench import price stood at $11,987 per unit in 2022, increasing by 18% against the previous year. In general, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 772% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($14,276 per unit), while the price for Australia ($229 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Bar Draw-Bench Price in Singapore (FOB) - 2022

The average bar draw-bench export price stood at $13,214 per unit in 2022, picking up by 52% against the previous year. Overall, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2021 an increase of 662%. The export price peaked at $14,181 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($14,623 per unit), while the average price for exports to Taiwan (Chinese) ($976 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 Taiwan (Chinese) (+49.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bar Draw-Bench Imports in Singapore

In 2022, approx. 184 units of draw-benches for bars, tubes, profiles, wire or the like were imported into Singapore; increasing by 122% on 2021 figures. Overall, imports, however, saw a dramatic shrinkage. Imports peaked at 989 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, bar draw-bench imports soared to $2.2M in 2022. Over the period under review, imports continue to indicate noticeable growth. Over the period under review, imports hit record highs at $4.4M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Bar Draw-Bench in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5412217382,11357.5%
IndiaN/AN/AN/A40.40%
United States7313.253.527.4-66.5%
China16414.817.59.3-61.6%
AustraliaN/AN/AN/A3.20%
MalaysiaN/A2,296N/A1.0-97.9%
Russia91.2N/AN/AN/A0%
Others5421,86537.011.4-72.4%
Total2,0684,4008462,2062.2%

Top Suppliers of Bar Draw-Bench to Singapore in 2022:

  1. Japan (148.0 units)
  2. Australia (14.0 units)
  3. United States (8.0 units)
  4. China (7.0 units)
  5. India (3.0 units)
  6. Malaysia (1.0 units)

Bar Draw-Bench Exports in Singapore

After two years of decline, shipments abroad of draw-benches for bars, tubes, profiles, wire or the like increased by 40% to 126 units in 2022. Over the period under review, exports, however, showed a precipitous slump. Over the period under review, the exports attained the peak figure at 686 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bar draw-bench exports skyrocketed to $1.7M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 165% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Bar Draw-Bench in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia36.01527621,638257.0%
Malaysia18258.2N/A14.0-57.5%
Taiwan (Chinese)N/A55.3N/A2.0-81.0%
Brunei Darussalam136N/AN/AN/A0%
Bangladesh19.7N/AN/AN/A0%
Others31529.919.311.2-67.1%
Total6892957821,66534.2%

Top Export Markets for Bar Draw-Bench from Singapore in 2022:

  1. Indonesia (112.0 units)
  2. Malaysia (10.0 units)
  3. Taiwan (Chinese) (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bar draw-bench 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 28413410 - Draw-benches for bars, tubes, profiles, wire or the like of metal, sintered metal carbides or cermets

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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