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Singapore - Electricity Supply Or Production Meters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectricity Supply Meter Price in Singapore - 2022
Contents:
- Electricity Supply Meter Price in Singapore (FOB) - 2022
- Electricity Supply Meter Price in Singapore (CIF) - 2022
- Electricity Supply Meter Exports in Singapore
- Electricity Supply Meter Imports in Singapore
Electricity Supply Meter Price in Singapore (FOB) - 2022
The average electricity supply meter export price stood at $80 per unit in 2022, jumping by 18% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electricity supply meter export price increased by +21.1% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 53%. Over the period under review, the average export prices attained the peak figure at $83 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($114 per unit), while the average price for exports to Malaysia ($41 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 the Philippines (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Electricity Supply Meter Price in Singapore (CIF) - 2022
In 2022, the average electricity supply meter import price amounted to $107 per unit, jumping by 37% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 94% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($116 per unit), while the price for Indonesia ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Electricity Supply Meter Exports in Singapore
After two years of decline, shipments abroad of electricity supply or production meters increased by 20% to 1.2M units in 2022. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electricity supply meter exports soared to $94M in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Electricity Supply Meter in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 32.2 | 37.3 | 22.1 | 35.1 | 2.9% |
Malaysia | 6.0 | 8.9 | 11.0 | 16.6 | 40.4% |
New Zealand | 7.2 | 9.2 | 13.2 | 7.4 | 0.9% |
United Kingdom | 15.4 | 7.9 | 3.0 | 6.5 | -25.0% |
Hong Kong SAR | 0.1 | 1.3 | 1.5 | 5.1 | 270.8% |
Thailand | 0.7 | 0.4 | 1.7 | 3.8 | 75.7% |
Indonesia | 2.3 | 1.3 | 1.9 | 3.0 | 9.3% |
Taiwan (Chinese) | 0.4 | 2.0 | 1.2 | 2.6 | 86.6% |
Egypt | 0.4 | 0.7 | 0.8 | 1.9 | 68.1% |
Philippines | 1.1 | 0.4 | 0.9 | 1.3 | 5.7% |
South Africa | 0.2 | 0.3 | 0.3 | 1.0 | 71.0% |
Others | 4.6 | 7.5 | 8.7 | 9.4 | 26.9% |
Total | 70.6 | 77.1 | 66.4 | 93.7 | 9.9% |
Top Export Markets for Electricity Supply Meter from Singapore in 2022:
- Malaysia (402.1K units)
- Australia (336.5K units)
- New Zealand (65.4K units)
- United Kingdom (63.0K units)
- Hong Kong SAR (52.3K units)
- Indonesia (49.2K units)
- Thailand (43.1K units)
- South Africa (21.8K units)
- Philippines (21.6K units)
- Egypt (20.9K units)
- Taiwan (Chinese) (13.1K units)
Electricity Supply Meter Imports in Singapore
In 2022, overseas purchases of electricity supply or production meters were finally on the rise to reach 762K units after two years of decline. Overall, imports, however, saw a abrupt setback. Over the period under review, imports reached the maximum at 1.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electricity supply meter imports surged to $82M in 2022. In general, imports, however, recorded a deep reduction. Imports peaked at $111M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Electricity Supply Meter in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 95.9 | 66.7 | 43.4 | 56.7 | -16.1% |
China | 9.0 | 4.4 | 6.4 | 6.0 | -12.6% |
India | 1.1 | 0.9 | 0.9 | 2.5 | 31.5% |
Others | 4.6 | 5.7 | 7.2 | 16.7 | 53.7% |
Total | 111 | 77.7 | 57.9 | 81.9 | -9.6% |
Top Suppliers of Electricity Supply Meter to Singapore in 2022:
- Malaysia (489.7K units)
- China (200.2K units)
- India (42.9K units)
This report provides an in-depth analysis of the electricity supply meter 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 26516370 - Electricity supply or production meters (including calibrated) (excluding voltmeters, ammeters, wattmeters and the like)
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
-
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 electricity supply meter market in Singapore.
This report provides an in-depth analysis of the gas supply meter market in Singapore.
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This report provides an in-depth analysis of the global electricity supply meter market.
This report provides an in-depth analysis of the global gas supply meter market.
This report provides an in-depth analysis of the global liquid supply meter market.
This report provides an in-depth analysis of the electricity supply meter market in Singapore.
This report provides an in-depth analysis of the gas supply meter market in Singapore.
This report provides an in-depth analysis of the liquid supply meter market in Singapore.
This report provides an in-depth analysis of the global electricity supply meter market.
Learn about the increasing demand for electricity supply meters worldwide and how the market is expected to grow over the next seven years. Market performance is anticipated to expand with a CAGR of +4.2% reaching 409M units by 2030. In terms of value, the market is projected to increase with a CAGR of +6.4% reaching $23.3B by the end of 2030.
Explore the top import markets for electricity supply meters and analyze key statistics from the IndexBox market intelligence platform.
Learn about the increasing demand for electricity supply meters worldwide and how the market is expected to grow over the next seven years. Market performance is anticipated to expand with a CAGR of +4.2% reaching 409M units by 2030. In terms of value, the market is projected to increase with a CAGR of +6.4% reaching $23.3B by the end of 2030.
Explore the top import markets for electricity supply meters and analyze key statistics from the IndexBox market intelligence platform.