Singapore: Multi-Station Transfer Machine Market 2025

Multi-Station Transfer Machine Market Size in Singapore

The Singaporean multi-station transfer machine market surged to $X in 2021, increasing by 93% against the previous year. Over the period under review, consumption saw a significant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Multi-Station Transfer Machine Production in Singapore

In value terms, multi-station transfer machine production declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 6.5%. Multi-station transfer machine production peaked at $X in 2020, and then reduced modestly in the following year.

Multi-Station Transfer Machine Exports

Exports from Singapore

Multi-station transfer machine exports from Singapore surged to X units in 2021, with an increase of 40% on 2020 figures. Overall, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 228% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, multi-station transfer machine exports skyrocketed to $X in 2021. In general, exports saw measured growth. The growth pace was the most rapid in 2020 when exports increased by 115%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Indonesia (X units), Malaysia (X units) and the United Arab Emirates (X units) were the main destinations of multi-station transfer machine exports from Singapore, together accounting for 84% of total exports. These countries were followed by Thailand and China, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +37.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for multi-station transfer machines for working metal exports from Singapore, comprising 69% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 14% share of total exports. It was followed by Thailand, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-8.9% per year) and Thailand (+79.5% per year).

Export Prices by Country

The average multi-station transfer machine export price stood at $X per unit in 2021, surging by 45% against the previous year. Overall, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 235% against the previous year. The export price peaked in 2021 and is expected to retain 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 Arab Emirates ($X per unit), while the average price for exports to Indonesia ($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 Thailand (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

Multi-Station Transfer Machine Imports

Imports into Singapore

In 2021, the amount of multi-station transfer machines for working metal imported into Singapore skyrocketed to X units, increasing by 143% against the year before. Overall, imports showed a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by 330% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, multi-station transfer machine imports soared to $X in 2021. Over the period under review, imports showed a measured increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest multi-station transfer machine supplier to Singapore, with a 36% share of total imports. Moreover, multi-station transfer machine imports from Germany exceeded the figures recorded by the second-largest supplier, Indonesia (X units), twofold. China (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (0.0% per year) and China (+68.6% per year).

In value terms, Indonesia ($X) constituted the largest supplier of multi-station transfer machines for working metal to Singapore, comprising 76% of total imports. The second position in the ranking was taken by Germany ($X), with a 10% share of total imports. It was followed by the United States, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+32.2% per year) and the United States (-17.3% per year).

Import Prices by Country

The average multi-station transfer machine import price stood at $X per unit in 2021, with an increase of 369% against the previous year. Over the period under review, the import price, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 563% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+69.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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