Key Market Indicators
Singaporean tractor exports are expected to total $6.2 million by 2026, a 17.5% drop from the 2021 figure of $18.2 million. Since 1994, the supply has declined by 13.6% year-on-year. In 2021, Singapore ranked 44th, overtaken by Norway with $18.2 million. Mexico, the Netherlands and the US placed 2nd, 3rd and 4th respectively. Tractor imports to Singapore are forecast to total $30.2 million by 2026, a 7.6% decrease from the 2021 figure of $47.5 million. Since 1994, demand has dropped by 6.7% year-on-year. In 2021, Singapore was 79th, with Guatemala coming in ahead with $47.5 million. Canada, France and Germany placed 2nd, 3rd and 4th respectively.