Liquid Elevators Price in Singapore - 2022

Liquid Elevators Price in Singapore (CIF) - 2022

In 2022, the average liquid elevators import price amounted to $647 per unit, growing by 13% against the previous year. Overall, the import price posted resilient growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 177% against the previous year. As a result, import price reached the peak level of $1,078 per unit. From 2018 to 2022, the average 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 Germany ($984 per unit), while the price for China ($49 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+56.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquid Elevators Price in Singapore (FOB) - 2022

The average liquid elevators export price stood at $1,077 per unit in 2022, increasing by 34% against the previous year. Overall, the export price posted prominent growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 108%. Over the period under review, the average export prices hit record highs at $1,339 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($6,435 per unit), while the average price for exports to Indonesia ($175 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 Qatar (+81.3%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Elevators Imports in Singapore

In 2022, the amount of liquid elevatorses imported into Singapore reduced notably to 4.2K units, shrinking by -74.3% against the previous year's figure. Overall, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 556% against the previous year. As a result, imports reached the peak of 16K units, and then declined significantly in the following year.

In value terms, liquid elevators imports fell markedly to $2.7M in 2022. In general, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 366%. As a result, imports attained the peak of $9.3M, and then fell dramatically in the following year.

Import of Liquid Elevators in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	504	139	1,028	2,056	59.8%
Thailand	N/A	7.7	0.5	173	374.0%
United Kingdom	925	285	229	96.1	-53.0%
Netherlands	2.2	29.3	5.2	64.2	207.9%
India	N/A	N/A	19.3	45.3	134.7%
United States	484	821	3,973	41.1	-56.0%
Taiwan (Chinese)	4.3	21.2	639	21.2	70.2%
China	46.4	58.1	193	20.7	-23.6%
Italy	137	32.3	161	11.1	-56.7%
Others	199	591	3,006	159	-7.2%
Total	2,301	1,985	9,253	2,688	5.3%

Top Suppliers of Liquid Elevators to Singapore in 2022:

Germany (2090.0 units)
Thailand (545.0 units)
Netherlands (426.0 units)
China (422.0 units)
Taiwan (Chinese) (242.0 units)
India (77.0 units)
Italy (63.0 units)
United States (48.0 units)
United Kingdom (42.0 units)

Liquid Elevators Exports in Singapore

Liquid elevators exports from Singapore fell dramatically to 1.4K units in 2022, declining by -61.4% compared with the year before. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 298%. As a result, the exports reached the peak of 3.7K units, and then contracted dramatically in the following year.

In value terms, liquid elevators exports dropped significantly to $1.5M in 2022. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 139%. As a result, the exports reached the peak of $3M, and then fell notably in the following year.

Export of Liquid Elevators in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,007	524	773	862	-5.1%
United States	N/A	2.7	4.1	186	730.0%
Indonesia	43.2	22.6	636	127	43.3%
Malaysia	329	538	1,252	127	-27.2%
Philippines	18.0	38.3	21.4	52.0	42.4%
Australia	0.5	14.7	25.3	48.0	357.9%
Qatar	5.4	N/A	1.0	25.7	68.2%
Vietnam	61.7	2.0	15.5	8.2	-49.0%
United Kingdom	29.9	N/A	51.4	N/A	31.1%
United Arab Emirates	342	N/A	0.4	N/A	-96.6%
Others	336	108	213	109	-31.3%
Total	2,172	1,251	2,993	1,545	-10.7%