Singapore: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in Singapore

The Singaporean blow-moulding machine market reduced markedly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Blow-Moulding Machine Production in Singapore

In value terms, blow-moulding machine production reduced rapidly to $X in 2022 estimated in export price. Overall, production saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Blow-Moulding Machine Exports

Exports from Singapore

In 2022, overseas shipments of blow-moulding machines for working rubber or plastics decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, blow-moulding machine exports declined dramatically to $X in 2022. In general, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

India (X units), Malaysia (X units) and Indonesia (X units) were the main destinations of blow-moulding machine exports from Singapore, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X), Indonesia ($X) and India ($X) constituted the largest markets for blow-moulding machine exported from Singapore worldwide, together accounting for X% of total exports.

India, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average blow-moulding machine export price stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Indonesia ($X per unit), while the average price for exports to the Philippines ($X 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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Blow-Moulding Machine Imports

Imports into Singapore

After three years of growth, supplies from abroad of blow-moulding machines for working rubber or plastics decreased by X% to X units in 2022. In general, imports, however, posted pronounced growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, blow-moulding machine imports contracted remarkably to $X in 2022. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

India (X units), Malaysia (X units) and China (X units) were the main suppliers of blow-moulding machine imports to Singapore, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and India ($X) appeared to be the largest blow-moulding machine suppliers to Singapore, with a combined X% share of total imports.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average blow-moulding machine import price amounted to $X per unit, waning by X% against the previous year. In general, the import price faced a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 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 United States ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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