Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore - 2022
Contents:
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore (CIF) - 2022
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore (FOB) - 2022
- Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore
- Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $44,444 per ton, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($59,316 per ton) and Italy ($54,849 per ton), while the price for South Korea ($41,126 per ton) and the UK ($41,126 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $94,584 per ton, with an increase of 22% against the previous year. Over the period under review, the export price saw a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 68%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
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 South Korea ($266,903 per ton), while the average price for exports to Indonesia ($64,110 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 Taiwan (Chinese) (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore
In 2022, approx. 245 tons of machinery; parts of machinery for making or finishing paper or paperboard were imported into Singapore; reducing by -46.1% compared with the previous year's figure. Over the period under review, imports saw a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 62% against the previous year.
In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard reduced remarkably to $11M in 2022. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 73%.
| Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 0.9 | 1.4 | 2.4 | -27.9% |
| France | 0.1 | 1.1 | 2.4 | 2.0 | 171.4% |
| Germany | 2.4 | 1.2 | 1.4 | 1.3 | -18.5% |
| United States | 8.1 | 1.2 | 1.3 | 1.0 | -50.2% |
| Italy | 0.6 | 0.4 | 0.5 | 0.8 | 10.1% |
| Switzerland | N/A | 0.7 | 1.1 | 0.8 | 6.9% |
| Finland | 1.6 | 2.0 | 3.9 | 0.4 | -37.0% |
| Japan | 0.4 | 0.2 | 0.1 | 0.4 | 0.0% |
| Czech Republic | 0.1 | N/A | 0.2 | 0.2 | 26.0% |
| United Kingdom | 0.6 | 0.2 | 0.4 | 0.2 | -30.7% |
| Malaysia | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Sweden | 4.9 | 0.3 | 4.1 | 0.2 | -65.6% |
| South Korea | N/A | N/A | N/A | 0.2 | 0% |
| Others | 2.0 | 2.1 | 1.0 | 0.8 | -26.3% |
| Total | 27.3 | 10.4 | 18.0 | 10.9 | -26.4% |
Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Singapore in 2022:
- France (49.5 tons)
- China (47.9 tons)
- Germany (30.9 tons)
- United States (24.3 tons)
- Switzerland (20.2 tons)
- Italy (15.1 tons)
- Finland (9.8 tons)
- Japan (6.0 tons)
- United Kingdom (5.6 tons)
- South Korea (5.3 tons)
- Czech Republic (5.0 tons)
- Sweden (4.3 tons)
- Malaysia (3.7 tons)
Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore
For the third year in a row, Singapore recorded decline in overseas shipments of machinery; parts of machinery for making or finishing paper or paperboard, which decreased by -39.3% to 103 tons in 2022. Over the period under review, exports saw a dramatic decline.
In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard shrank sharply to $9.8M in 2022. Overall, exports showed a sharp decrease. The smallest decline of -6.4% was in 2021.
| Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 21.1 | 7.8 | 7.3 | 3.3 | -46.1% |
| China | 0.2 | 0.2 | 1.7 | 1.0 | 71.0% |
| India | 0.2 | 0.7 | 0.6 | 0.8 | 58.7% |
| Germany | 0.1 | 1.1 | 0.4 | 0.7 | 91.3% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.1 | 0.6 | 44.2% |
| Thailand | 0.9 | 0.5 | 0.4 | 0.6 | -12.6% |
| South Korea | N/A | 0.2 | 0.1 | 0.5 | 58.1% |
| Malaysia | 0.3 | 0.4 | 0.6 | 0.4 | 10.1% |
| Vietnam | 0.4 | 0.6 | 0.3 | 0.3 | -9.1% |
| Italy | N/A | 0.3 | N/A | 0.2 | -18.4% |
| Japan | 0.6 | 0.3 | 0.1 | 0.2 | -30.7% |
| Hong Kong SAR | 1.6 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 1.7 | 1.4 | 1.1 | 6.9% |
| Total | 26.5 | 14.0 | 13.1 | 9.8 | -28.2% |
Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Singapore in 2022:
- Indonesia (51.7 tons)
- China (14.9 tons)
- Germany (5.9 tons)
- India (4.8 tons)
- Thailand (3.4 tons)
- Taiwan (Chinese) (2.2 tons)
- Malaysia (2.1 tons)
- Italy (1.9 tons)
- South Korea (1.9 tons)
- Japan (1.6 tons)
- Vietnam (1.4 tons)
- Hong Kong SAR (0.1 tons)
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