Singapore: Hand-Held Blow Pipe Market 2024

Hand-Held Blow Pipe Market Size in Singapore

In 2021, after three years of decline, there was significant growth in the Singaporean hand-held blow pipe market, when its value increased by 51% to $X. Overall, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Hand-Held Blow Pipe Production in Singapore

In value terms, hand-held blow pipe production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. Hand-held blow pipe production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Hand-Held Blow Pipe Exports

Exports from Singapore

In 2021, overseas shipments of hand-held blow pipes for soldering, brazing or welding decreased by -60.8% to X units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 244% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, hand-held blow pipe exports contracted dramatically to $X in 2021. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2019 with an increase of 217%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X units), the United Arab Emirates (X units) and India (X units) were the main destinations of hand-held blow pipe exports from Singapore, with a combined 72% share of total exports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +110.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand-held blow pipe exported from Singapore were the United Arab Emirates ($X), Hong Kong SAR ($X) and India ($X), with a combined 71% share of total exports.

Among the main countries of destination, India, with a CAGR of +102.9%, saw the highest growth rate of the value of exports, 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 hand-held blow pipe export price amounted to $X per unit, picking up by 46% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Australia (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Hand-Held Blow Pipe Imports

Imports into Singapore

In 2021, overseas purchases of hand-held blow pipes for soldering, brazing or welding were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a noticeable shrinkage. The growth pace was the most rapid in 2016 with an increase of 299% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, hand-held blow pipe imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2016 with an increase of 254% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest hand-held blow pipe supplier to Singapore, accounting for a 48% share of total imports. Moreover, hand-held blow pipe imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. The third position in this ranking was held by the United States (X units), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+23.4% per year) and the United States (+10.4% per year).

In value terms, China ($X) constituted the largest supplier of hand-held blow pipes for soldering, brazing or welding to Singapore, comprising 48% of total imports. The second position in the ranking was held by Austria ($X), with a 12% share of total imports. It was followed by the United States, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+17.6% per year) and the United States (+6.5% per year).

Import Prices by Country

In 2021, the average hand-held blow pipe import price amounted to $X per unit, rising by 21% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were the Netherlands ($X per unit) and the United States ($X per unit), while the price for the UK ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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