Singapore: Helicopter Market 2022

Helicopter Market Size in Singapore

The Singaporean helicopter market totaled $X in 2019, leveling off at the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Helicopter consumption peaked at $X in 2015; afterwards, it flattened through to 2019.

Helicopter Production in Singapore

In value terms, helicopter production fell significantly to $X in 2020 estimated in export prices. In general, production showed a dramatic downturn. The pace of growth was the most pronounced in 2011 when the production volume increased by X% year-to-year. Helicopter production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Helicopter Exports

Exports from Singapore

In 2020, the amount of helicopters exported from Singapore contracted to X units, which is down by -X% against the previous year's figure. Over the period under review, exports saw a drastic downturn. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X units in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

In value terms, helicopter exports declined notably to $X in 2020. Overall, exports saw tangible growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2017 to 2020, the growth exports remained at a lower figure.

Exports by Country

Switzerland (X units), Australia (X units) and the United States (X units) were the main destinations of helicopter exports from Singapore, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Switzerland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Gabon ($X), the United States ($X) and Switzerland ($X) constituted the largest markets for helicopter exported from Singapore worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Switzerland (+X% per year) recorded 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

The average helicopter export price stood at $X per unit in 2020, dropping by -X% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum at $X per unit in 2019, and then dropped in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Gabon ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Helicopter Imports

Imports into Singapore

In 2020, approx. X units of helicopters were imported into Singapore; dropping by -X% on the year before. In general, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, imports reached the peak of X units. from 2016 to 2020, the growth imports failed to regain the momentum.

In value terms, helicopter imports reached $X in 2020. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Italy (X units) constituted the largest supplier of helicopter to Singapore, accounting for a X% share of total imports. Moreover, helicopter imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. Canada (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Canada (-X% per year).

In value terms, Canada ($X) constituted the largest supplier of helicopter to Singapore, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Canada stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and the United States (-X% per year).

Import Prices by Country

The average helicopter import price stood at $X per unit in 2020, with an increase of X% against the previous year. In general, the import price recorded a moderate expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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