Source: EDB, Singstat

Source: EDB, Singstat

Quick Infographics

This chart showcases Singapore’s total manufacturing output by major industry segments from 2019 to 2023. The computer, electronics, and optical products segment stands out with a robust upward trajectory from 136k million dollars in 2019 to a peak of nearly 180k million in 2022, before a slight easing in 2023. Meanwhile, machinery & equipment posted growth from 27k million to 40k million, reflecting strong capital investment trends. Basic metals remain relatively smaller in scale, with output rising modestly from 1,249 to ~1,516 million over the same period. The fabricated metal products segment also gradually strengthened, surpassing 7,721 million in 2019 to over 8,292 million by 2023. Electrical equipment, though more moderate, maintains steady performance. Notably, post-2002 data includes establishments with fewer than 10 workers, broadening coverage. Historical figures were revised to ensure consistency with Singapore’s Standard Industrial Classification (SSIC) 2020. Year 2023 data remains preliminary as indicated by current estimates.

The post Quick Infographics: Manufacturing Output appeared first on Asia Pacific Metalworking Equipment News | Manufacturing | Automation | Quality Control.

Source: EDB/ Singstat/ Table Builder

Quick Infographics Tips

This chart depicts Singapore’s manufacturing sector, focusing specifically on the Precision Engineering cluster, subdivided into key segments such as Machinery & Systems and Modules & Components. The lines represent each segment’s forecast for output and export orders for the next quarter over various time periods from 2020 to 2024. Observably, after a sharp dip in early 2020, reflecting the pandemic’s initial shocks, the indices show cyclical swings corresponding to evolving economic conditions. Notably, there are distinct peaks in mid-2021 and early 2022, indicating periods of optimism for demand and production. Conversely, export order fluctuations highlight vulnerabilities to global trade dynamics. A plus sign signals a positive balance or net upward trend, while negative values illustrate contractions. Overall, these insights offer a snapshot of business sentiment, aligning with broader recovery patterns and cautionary signals as firms navigate global uncertainties. Data on building and machinery investments are reported annually starting 2005 only.

The post Quick Infographics: Business Expectations of The Manufacturing Sector appeared first on Asia Pacific Metalworking Equipment News | Manufacturing | Automation | Quality Control.