Singapore: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2025

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Singapore

In 2021, the Singaporean digital data processing machine market decreased by -1.4% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a pronounced increase. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Singapore

In value terms, digital data processing machine production reached $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +22.4% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 88%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Singapore

In 2021, shipments abroad of digital data processing machines: presented in the form of systems was finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, continue to indicate a slight setback. The pace of growth appeared the most rapid in 2017 with an increase of 54%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, digital data processing machine exports surged to $X in 2021. In general, total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Philippines (X units), Malaysia (X units) and Vietnam (X units) were the main destinations of digital data processing machine exports from Singapore, together accounting for 68% of total exports. These countries were followed by Indonesia, Hong Kong SAR, the Czech Republic, Japan, the United States, Cambodia, Australia and India, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +137.6%), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Vietnam ($X) and the United States ($X) appeared to be the largest markets for digital data processing machine exported from Singapore worldwide, with a combined 54% share of total exports. The Czech Republic, Indonesia, Malaysia, Japan, India, Hong Kong SAR, Australia and Cambodia lagged somewhat behind, together comprising a further 26%.

The Czech Republic, with a CAGR of +132.1%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average digital data processing machine export price amounted to $X per unit, growing by 6.6% against the previous year. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 58%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Malaysia ($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 Vietnam (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Singapore

After two years of decline, supplies from abroad of digital data processing machines: presented in the form of systems increased by 21% to X units in 2021. In general, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 34% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, digital data processing machine imports skyrocketed to $X in 2021. Overall, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.0% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of digital data processing machine imports to Singapore, together accounting for 86% of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +28.3%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X), Malaysia ($X) and China ($X) were the largest digital data processing machine suppliers to Singapore, together comprising 85% of total imports. Taiwan (Chinese), Japan and Hong Kong SAR lagged somewhat behind, together comprising a further 3.7%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +19.6%, recorded the highest growth rate of 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 2021, the average digital data processing machine import price amounted to $X per unit, surging by 22% against the previous year. Overall, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 72%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Taiwan (Chinese) ($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 United States (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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