Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore - 2023
Contents:
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore (CIF) - 2022
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore (FOB) - 2022
- Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore
- Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore (CIF) - 2022
In 2022, the average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $33 per unit, growing by 76% against the previous year. In general, the import price saw a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($40 per unit), while the price for South Korea ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore (FOB) - 2022
The average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $46 per unit in 2022, growing by 217% against the previous year. Over the period under review, the export price saw resilient growth. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($86 per unit), while the average price for exports to Luxembourg ($31 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 Luxembourg (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore
In 2022, purchases abroad of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -51.4% to 202K units, falling for the second consecutive year after two years of growth. Overall, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 6.8% against the previous year. As a result, imports attained the peak of 728K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v contracted to $6.6M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 17%. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.2 | 1.8 | 3.0 | 3.2 | 152.0% |
| China | 8.0 | 8.0 | 1.7 | 1.5 | -42.8% |
| United States | 0.4 | 0.2 | 0.3 | 0.4 | 0.0% |
| Australia | 0.1 | 0.3 | 0.1 | 0.2 | 26.0% |
| Japan | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Germany | 0.1 | 0.8 | 0.5 | 0.2 | 26.0% |
| South Korea | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Sweden | 0.1 | N/A | 1.0 | N/A | 216.2% |
| Others | 1.1 | 0.7 | 0.9 | 0.7 | -14.0% |
| Total | 10.2 | 12.0 | 7.8 | 6.6 | -13.5% |
Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Singapore in 2022:
- Malaysia (80.9K units)
- China (58.1K units)
- South Korea (17.0K units)
- United States (9.5K units)
- Germany (8.4K units)
- Australia (6.3K units)
- Japan (5.7K units)
- Sweden (0.1K units)
Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore
In 2022, overseas shipments of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -66.4% to 125K units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 67% against the previous year. As a result, the exports attained the peak of 1.4M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v expanded markedly to $5.8M in 2022. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 78%. As a result, the exports reached the peak of $23M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,074 | 618 | 672 | 1,364 | 8.3% |
| Malaysia | 7,345 | 7,481 | 707 | 906 | -50.2% |
| Japan | 956 | 874 | 468 | 568 | -15.9% |
| Hong Kong SAR | 522 | 591 | 452 | 463 | -3.9% |
| Luxembourg | 9.1 | 455 | 496 | 462 | 270.3% |
| Indonesia | 69.5 | 342 | 821 | 448 | 86.1% |
| United States | 355 | 294 | 229 | 269 | -8.8% |
| South Korea | 169 | 348 | 344 | 189 | 3.8% |
| Thailand | 277 | 240 | 342 | 186 | -12.4% |
| Philippines | 57.5 | 141 | 272 | 172 | 44.1% |
| China | 97.7 | 404 | 79.6 | 134 | 11.1% |
| India | 1,012 | 398 | 109 | 92.0 | -55.0% |
| Taiwan (Chinese) | 4.4 | 10,308 | 58.0 | 41.3 | 110.9% |
| Others | 1,118 | 711 | 408 | 513 | -22.9% |
| Total | 13,067 | 23,205 | 5,457 | 5,808 | -23.7% |
Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Singapore in 2022:
- Malaysia (25.3K units)
- Germany (15.8K units)
- Luxembourg (14.8K units)
- Japan (13.2K units)
- Indonesia (11.7K units)
- Hong Kong SAR (11.0K units)
- United States (5.4K units)
- Philippines (4.9K units)
- South Korea (4.8K units)
- Thailand (4.7K units)
- China (3.3K units)
- India (2.4K units)
- Taiwan (Chinese) (1.2K units)
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