Report Update Nov 1, 2024

Singapore - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Crawler Tractor Market 2024

Crawler Tractor Market Size in Singapore

The Singaporean crawler tractor market declined rapidly to $X in 2021, which is down by -22.3% against the previous year. In general, consumption continues to indicate a abrupt descent. Crawler tractor consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Crawler Tractor Production in Singapore

In value terms, crawler tractor production contracted markedly to $X in 2021 estimated in export price. Over the period under review, production faced a sharp shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 78% against the previous year. Crawler tractor production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Crawler Tractor Exports

Exports from Singapore

In 2021, approx. X units of crawler tractors were exported from Singapore; waning by -60.7% on the previous year's figure. Overall, exports faced a significant decrease. The pace of growth appeared the most rapid in 2019 with an increase of 239%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, crawler tractor exports dropped markedly to $X in 2021. In general, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2019 when exports increased by 223% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Myanmar (X units), Saudi Arabia (X units) and Indonesia (X units) were the main destinations of crawler tractor exports from Singapore, with a combined 64% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of -11.5%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for crawler tractor exported from Singapore were Saudi Arabia ($X), Australia ($X) and Indonesia ($X), with a combined 96% share of total exports.

Among the main countries of destination, Saudi Arabia, with a CAGR of +55.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average crawler tractor export price stood at $X per unit in 2021, with a decrease of -7.7% against the previous year. In general, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 119%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+73.0%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Tractor Imports

Imports into Singapore

Crawler tractor imports into Singapore surged to X units in 2021, picking up by 600% compared with 2020 figures. In general, imports, however, saw a dramatic decrease. The most prominent rate of growth was recorded in 2019 with an increase of 668%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, crawler tractor imports surged to $X in 2021. Overall, imports, however, continue to indicate a sharp descent. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of crawler tractor to Singapore, with a approx. 93% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +14.0%.

In value terms, the United States ($X) constituted the largest supplier of crawler tractors to Singapore, comprising 64% of total imports. The second position in the ranking was held by Brazil ($X), with an 11% share of total imports. It was followed by Australia, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-38.8% per year) and Australia (+6.6% per year).

Import Prices by Country

In 2021, the average crawler tractor import price amounted to $X per unit, growing by 31% against the previous year. Over the period under review, the import price, however, showed a perceptible slump. The growth pace was the most rapid in 2018 an increase of 179% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+59.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crawler tractors in the world?

The countries with the highest volumes of in 2021 were Japan, Italy and the Netherlands, with a combined 32% share of global consumption. These countries were followed by Germany, Iraq, Australia, Russia, Nepal, Romania, Belarus and the United States, which together accounted for a further 25%.

What are the largest producers of crawler tractors in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and Italy, together accounting for 66% of global production.

What are the leading suppliers of crawler tractors to Singapore?

In value terms, the United States constituted the largest supplier of crawler tractor to Singapore, comprising 63% of total imports. The second position in the ranking was occupied by France, with a 12% share of total imports. It was followed by Brazil, with a 10% share.

What are the leading importers of crawler tractors from Singapore?

In value terms, Indonesia, Australia and Myanmar appeared to be the largest markets for crawler tractor exported from Singapore worldwide, with a combined 100% share of total exports.

What is the average export price for crawler tractors in Singapore?

The average crawler tractor export price stood at $151,159 per unit in 2021, dropping by -4.8% against the previous year.

What is the average import price for crawler tractors in Singapore?

The average crawler tractor import price stood at $103,783 per unit in 2021, reducing by -4.5% against the previous year.

This report provides an in-depth analysis of the crawler tractor 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 28925000 - (Crawler tractors) Track-laying tractors

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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