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Singapore - Glass Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlass Electrical Insulator Price in Singapore - 2022
Contents:
- Glass Electrical Insulator Price in Singapore (FOB) - 2022
- Glass Electrical Insulator Price in Singapore (CIF) - 2022
- Glass Electrical Insulator Exports in Singapore
- Glass Electrical Insulator Imports in Singapore
Glass Electrical Insulator Price in Singapore (FOB) - 2022
The average glass electrical insulator export price stood at $6.7 per unit in 2022, jumping by 70% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($7.2 per unit), while the average price for exports to Malaysia ($4.5 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 Malaysia (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.
Glass Electrical Insulator Price in Singapore (CIF) - 2022
The average glass electrical insulator import price stood at $0.7 per unit in 2022, shrinking by -66.2% against the previous year. Overall, the import price continues to indicate a sharp setback. The pace of growth appeared the most rapid in 2013 a decrease of -1.2%. Over the period under review, average import prices hit record highs at $6.8 per unit in 2012; however, from 2013 to 2022, 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 ($257 per unit), while the price for Italy ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+66.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Electrical Insulator Exports in Singapore
Glass electrical insulator exports from Singapore shrank markedly to 58K units in 2022, with a decrease of -86.9% compared with the previous year. Over the period under review, exports recorded a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 395%. As a result, the exports attained the peak of 439K units, and then dropped notably in the following year.
In value terms, glass electrical insulator exports declined rapidly to $385K in 2022. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 364%. As a result, the exports reached the peak of $1.7M, and then reduced sharply in the following year.
Export of Glass Electrical Insulator in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 519 | 274 | 1,174 | 248 | -21.8% |
China | 91.2 | 57.0 | 289 | 72.5 | -7.4% |
Taiwan (Chinese) | 11.7 | 9.1 | 159 | 43.4 | 54.8% |
Hong Kong SAR | 13.2 | 6.4 | 25.0 | 4.8 | -28.6% |
Indonesia | 25.6 | 7.9 | 13.6 | 3.6 | -48.0% |
Others | 38.2 | 16.8 | 61.7 | 12.0 | -32.0% |
Total | 699 | 371 | 1,723 | 385 | -18.0% |
Top Export Markets for Glass Electrical Insulator from Singapore in 2022:
- Ireland (34.3K units)
- China (12.6K units)
- Taiwan (Chinese) (7.2K units)
- Hong Kong SAR (0.8K units)
- Indonesia (0.6K units)
Glass Electrical Insulator Imports in Singapore
In 2022, approx. 165K units of glass electrical insulators were imported into Singapore; reducing by -2.8% compared with the previous year. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 6% against the previous year. As a result, imports attained the peak of 169K units, and then dropped in the following year.
In value terms, glass electrical insulator imports fell remarkably to $111K in 2022. Over the period under review, imports showed a sharp reduction. The smallest decline of -10.5% was in 2021. Over the period under review, imports reached the maximum at $470K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Glass Electrical Insulator in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | N/A | 47.9 | 0% |
United States | 270 | 202 | 155 | 1.4 | -82.7% |
Canada | 8.2 | 11.7 | 4.1 | 0.5 | -60.6% |
Italy | 2.0 | 4.2 | 6.2 | 0.4 | -41.5% |
Others | 191 | 160 | 173 | 60.7 | -31.8% |
Total | 470 | 378 | 338 | 111 | -38.2% |
Top Suppliers of Glass Electrical Insulator to Singapore in 2022:
- Spain (76.8K units)
- Italy (7.8K units)
- United States (1.8K units)
- Canada (0.6K units)
This report provides an in-depth analysis of the glass electrical insulator 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 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)
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 glass electrical insulator market in Singapore.
This report provides an in-depth analysis of the electrical insulator market in Singapore.
This report provides an in-depth analysis of the ceramic electrical insulator market in Singapore.
This report provides an in-depth analysis of the global glass electrical insulator market.
This report provides an in-depth analysis of the global electrical insulator market.
This report provides an in-depth analysis of the global ceramic electrical insulator market.
This report provides an in-depth analysis of the glass electrical insulator market in Singapore.
This report provides an in-depth analysis of the electrical insulator market in Singapore.
This report provides an in-depth analysis of the ceramic electrical insulator market in Singapore.
This report provides an in-depth analysis of the global glass electrical insulator market.
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