Singapore: Dry-Cleaning Machine Market 2025

Dry-Cleaning Machine Market Size in Singapore

The Singaporean dry-cleaning machine market shrank rapidly to $X in 2021, waning by -94.7% against the previous year. Overall, consumption saw a abrupt decrease. As a result, consumption attained the peak level of $X, and then reduced notably in the following year.

Dry-Cleaning Machine Production in Singapore

In value terms, dry-cleaning machine production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by 13%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Dry-Cleaning Machine Exports

Exports from Singapore

In 2021, after two years of decline, there was significant growth in overseas shipments of dry-cleaning machines, when their volume increased by 252% to X units. In general, exports, however, showed a deep downturn. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, dry-cleaning machine exports soared to $X in 2021. Over the period under review, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 264% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sri Lanka (X units), the Philippines (X units) and Malaysia (X units) were the main destinations of dry-cleaning machine exports from Singapore, together comprising 94% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of +75.4%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for dry-cleaning machines exports from Singapore, comprising 90% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 5.1% share of total exports. It was followed by Sri Lanka, with a 3% share.

From 2012 to 2021, the average annual growth rate of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-21.5% per year) and Sri Lanka (+39.0% per year).

Export Prices by Country

The average dry-cleaning machine export price stood at $X per unit in 2021, reducing by -61.6% against the previous year. Over the period under review, the export price, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2017 an increase of 1,626% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the Philippines ($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 the United States (+26.1%), while the prices for the other major destinations experienced a decline.

Dry-Cleaning Machine Imports

Imports into Singapore

In 2021, approx. X units of dry-cleaning machines were imported into Singapore; with a decrease of -98.5% on 2020. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 6,234% against the previous year. As a result, imports attained the peak of X units, and then dropped dramatically in the following year.

In value terms, dry-cleaning machine imports fell sharply to $X in 2021. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 401% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Taiwan (Chinese) (X units) were the main suppliers of dry-cleaning machine imports to Singapore, together comprising 87% of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +1.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest dry-cleaning machine suppliers to Singapore were the United States ($X), Italy ($X) and China ($X), together comprising 90% of total imports. These countries were followed by Taiwan (Chinese), Indonesia and Germany, which together accounted for a further 8.1%.

Indonesia, with a CAGR of +75.9%, recorded the highest growth rate of the value of imports, among the main suppliers 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 dry-cleaning machine import price amounted to $X per unit, increasing by 4,400% against the previous year. In general, the import price recorded a buoyant expansion. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+36.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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