Singapore: Market for Snow-Ploughs And Snow-Blowers 2025

Market Size for Snow-Ploughs And Snow-Blowers in Singapore

The Singaporean snow ploughs and blowers market reduced modestly to $X in 2022, dropping by -2.6% against the previous year. Over the period under review, consumption showed a deep slump. The growth pace was the most rapid in 2019 with an increase of 5.3%. Snow ploughs and blowers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Snow-Ploughs And Snow-Blowers in Singapore

In value terms, snow ploughs and blowers production declined slightly to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by 4.6% against the previous year. Snow ploughs and blowers production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Singapore

In 2022, overseas shipments of snow-ploughs and snow-blowers decreased by -88.5% to X units, falling for the second year in a row after three years of growth. In general, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 1,207%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, snow ploughs and blowers exports plummeted to $X in 2022. Over the period under review, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2014 when exports increased by 1,272% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X units) was the main destination for snow ploughs and blowers exports from Singapore, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia amounted to -2.8%.

In value terms, Malaysia ($X) emerged as the key foreign market for snow-ploughs and snow-blowers exports from Singapore.

From 2012 to 2022, the average annual growth rate of value to Malaysia totaled -5.5%.

Export Prices by Country

In 2022, the average snow ploughs and blowers export price amounted to $X per unit, with an increase of 15% against the previous year. In general, the export price, however, showed a abrupt downturn. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -2.0% per year.

Imports of Snow-Ploughs And Snow-Blowers

Imports into Singapore

In 2022, overseas purchases of snow-ploughs and snow-blowers decreased by -98.5% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a sharp reduction. The growth pace was the most rapid in 2016 with an increase of 753% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, snow ploughs and blowers imports dropped remarkably to $X in 2022. In general, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 10,106%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of snow ploughs and blowers to Singapore, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at -20.6%.

In value terms, China ($X) constituted the largest supplier of snow-ploughs and snow-blowers to Singapore.

From 2012 to 2022, the average annual growth rate of value from China totaled -55.8%.

Import Prices by Country

The average snow ploughs and blowers import price stood at $X per unit in 2022, dropping by 99.9% against the previous year. Over the period under review, the import price saw a precipitous slump. The most prominent rate of growth was recorded in 2016 an increase of 1,096%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -8.6% per year.

Source: IndexBox Platform

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