Singapore: Multitask Printer Market 2025

Multitask Printer Market Size in Singapore

In 2022, after two years of growth, there was significant decline in the Singaporean multitask printer market, when its value decreased by -62.1% to $X. Overall, consumption, however, saw notable growth. Multitask printer consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Multitask Printer Production in Singapore

In value terms, multitask printer production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a abrupt shrinkage. Multitask printer production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Multitask Printer Exports

Exports from Singapore

In 2022, exports of multitask printers, copymachines and facsimile machines from Singapore expanded markedly to X units, growing by 11% against the year before. Overall, exports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 48%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, multitask printer exports fell to $X in 2022. Over the period under review, exports, however, saw a perceptible slump. The growth pace was the most rapid in 2017 with an increase of 23%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X units), Thailand (X units) and Malaysia (X units) were the main destinations of multitask printer exports from Singapore, with a combined 70% share of total exports. The Philippines, India, Vietnam, Hong Kong SAR and Taiwan (Chinese) lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +33.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for multitask printer exported from Singapore were Thailand ($X), Indonesia ($X) and Malaysia ($X), with a combined 42% share of total exports. India, Hong Kong SAR, Vietnam, the Philippines and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, the Philippines, with a CAGR of +26.8%, saw the highest rates of growth with regard to 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 multitask printer export price stood at $X per unit in 2022, with a decrease of -14.7% against the previous year. Overall, the export price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 19%. Over the period under review, the average export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, 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 Hong Kong SAR ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Multitask Printer Imports

Imports into Singapore

In 2022, imports of multitask printers, copymachines and facsimile machines into Singapore reduced to X units, falling by -10.1% on the previous year's figure. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of 44%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, multitask printer imports rose significantly to $X in 2022. Overall, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam (X units), China (X units) and Thailand (X units) were the main suppliers of multitask printer imports to Singapore, with a combined 80% share of total imports. The Philippines, South Korea and Malaysia lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +121.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest multitask printer suppliers to Singapore were China ($X), Vietnam ($X) and Thailand ($X), with a combined 79% share of total imports. South Korea, the Philippines and Malaysia lagged somewhat behind, together accounting for a further 16%.

Among the main suppliers, the Philippines, with a CAGR of +126.3%, recorded the highest rates of growth with regard to 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 2022, the average multitask printer import price amounted to $X per unit, rising by 27% against the previous year. In general, the import price showed temperate growth. The most prominent rate of growth was recorded in 2017 an increase of 42%. Over the period under review, average import prices reached the maximum in 2022 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 China ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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