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Singapore - Non-Window or Wall Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAir Conditioning Machine Price in Singapore - 2022
Contents:
- Air Conditioning Machine Price in Singapore (CIF) - 2022
- Air Conditioning Machine Price in Singapore (FOB) - 2022
- Air Conditioning Machine Imports in Singapore
- Air Conditioning Machine Exports in Singapore
Air Conditioning Machine Price in Singapore (CIF) - 2022
The average air conditioning machine import price stood at $757 per unit in 2022, standing approx. at the previous year. In general, the import price showed a slight expansion. The growth pace was the most rapid in 2020 an increase of 56% against the previous year. As a result, import price reached the peak level of $824 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,477 per unit), while the price for Malaysia ($303 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Air Conditioning Machine Price in Singapore (FOB) - 2022
The average air conditioning machine export price stood at $783 per unit in 2022, jumping by 32% against the previous year. Over the last decade, it increased at an average annual rate of +4.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,619 per unit), while the average price for exports to Sri Lanka ($350 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 Qatar (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Air Conditioning Machine Imports in Singapore
In 2022, the amount of non-window or wall air conditioning machines imported into Singapore skyrocketed to 336K units, increasing by 18% against 2021 figures. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 251% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, air conditioning machine imports soared to $254M in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 219% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Air Conditioning Machine in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 19.9 | 28.1 | 132 | 130 | 86.9% |
Canada | 0.5 | 0.1 | 19.8 | 37.6 | 322.1% |
China | 10.4 | 12.3 | 18.9 | 30.9 | 43.8% |
Malaysia | 9.3 | 9.6 | 15.2 | 18.2 | 25.1% |
Thailand | 8.6 | 3.0 | 5.8 | 7.4 | -4.9% |
Germany | 1.4 | 1.0 | 3.6 | 6.5 | 66.8% |
Others | 21.9 | 12.6 | 17.4 | 24.2 | 3.4% |
Total | 72.0 | 66.7 | 213 | 254 | 52.2% |
Top Suppliers of Air Conditioning Machine to Singapore in 2022:
- United States (142.6K units)
- Malaysia (60.0K units)
- Canada (46.8K units)
- China (42.4K units)
- Thailand (16.8K units)
- Germany (5.5K units)
Air Conditioning Machine Exports in Singapore
For the third consecutive year, Singapore recorded decline in shipments abroad of non-window or wall air conditioning machines, which decreased by -29.5% to 33K units in 2022. Over the period under review, exports showed a abrupt slump. The smallest decline of -4.5% was in 2020. Over the period under review, the exports reached the maximum at 63K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, air conditioning machine exports declined to $26M in 2022. Overall, exports showed a abrupt decrease. Over the period under review, the exports reached the peak figure at $41M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Air Conditioning Machine in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | N/A | N/A | 1.4 | 4.0 | 185.7% |
Germany | 2.8 | 1.2 | 4.1 | 3.2 | 4.6% |
United States | 1.5 | 1.0 | 0.9 | 2.9 | 24.6% |
Indonesia | 1.4 | 2.2 | 4.9 | 2.5 | 21.3% |
Malaysia | 3.4 | 5.1 | 2.1 | 2.2 | -13.5% |
Bangladesh | 2.7 | 1.3 | 1.6 | 1.9 | -11.1% |
United Arab Emirates | 0.3 | 0.1 | N/A | 1.0 | 49.4% |
Vietnam | 8.1 | 4.5 | 1.3 | 1.0 | -50.2% |
Philippines | 0.5 | 0.2 | 0.6 | 0.6 | 6.3% |
Cambodia | 1.3 | 0.7 | 0.7 | 0.6 | -22.7% |
Sri Lanka | 1.2 | 1.0 | 0.3 | 0.5 | -25.3% |
Thailand | 1.2 | 2.2 | 0.8 | 0.4 | -30.7% |
Brunei Darussalam | 0.3 | 0.2 | 1.1 | 0.3 | 0.0% |
Others | 16.2 | 13.9 | 7.9 | 4.7 | -33.8% |
Total | 40.8 | 33.4 | 27.7 | 25.7 | -14.3% |
Top Export Markets for Air Conditioning Machine from Singapore in 2022:
- Malaysia (5.4K units)
- Indonesia (3.7K units)
- Germany (3.5K units)
- Qatar (3.3K units)
- Bangladesh (2.9K units)
- United States (2.2K units)
- Sri Lanka (1.5K units)
- Vietnam (1.2K units)
- Thailand (1.0K units)
- Philippines (0.8K units)
- Cambodia (0.7K units)
- United Arab Emirates (0.6K units)
- Brunei Darussalam (0.6K units)
This report provides an in-depth analysis of the air conditioning machine market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28251250 - Air conditioning machines with refrigeration unit (excluding those used in motor vehicles, self-contained or split-systems machines)
- Prodcom 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the air conditioning machine market in Singapore.
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