Singapore: Market for Non-Motorised Hand-Operated Mechanical Floor Sweepers 2024

Market Size for Non-Motorised Hand-Operated Mechanical Floor Sweepers in Singapore

In 2022, the Singaporean mechanical hand floor sweeper market increased by 14% to $X, rising for the second consecutive year after three years of decline. Overall, consumption posted a resilient expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Exports from Singapore

In 2022, approx. X units of non-motorised hand-operated mechanical floor sweepers were exported from Singapore; growing by 12% against the year before. Over the period under review, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 105% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, mechanical hand floor sweeper exports skyrocketed to $X in 2022. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 96% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X units) was the main destination for mechanical hand floor sweeper exports from Singapore, with a 40% share of total exports. Moreover, mechanical hand floor sweeper exports to Malaysia exceeded the volume sent to the second major destination, Indonesia (X units), fourfold. Australia (X units) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia stood at +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-5.4% per year) and Australia (+12.3% per year).

In value terms, Malaysia ($X) remains the key foreign market for non-motorised hand-operated mechanical floor sweepers exports from Singapore, comprising 40% of total exports. The second position in the ranking was held by Indonesia ($X), with an 8.9% share of total exports. It was followed by Australia, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia amounted to +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-2.5% per year) and Australia (+15.7% per year).

Export Prices by Country

The average mechanical hand floor sweeper export price stood at $X per unit in 2022, growing by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($X per unit) and Vietnam ($X per unit), while the average price for exports to Romania ($X per unit) and Thailand ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Imports into Singapore

In 2022, purchases abroad of non-motorised hand-operated mechanical floor sweepers increased by 11% to X units, rising for the second consecutive year after three years of decline. In general, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 35%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, mechanical hand floor sweeper imports expanded rapidly to $X in 2022. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), Vietnam (X units) and Malaysia (X units) were the main suppliers of mechanical hand floor sweeper imports to Singapore, together accounting for 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +54.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Malaysia ($X) appeared to be the largest mechanical hand floor sweeper suppliers to Singapore, with a combined 84% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +56.8%, saw 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

The average mechanical hand floor sweeper import price stood at $X per unit in 2022, surging by 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($X per unit) and Vietnam ($X per unit), while the price for Japan ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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