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Singapore - Radio Receivers For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Radio Price in Singapore - 2022
Contents:
- Vehicle Radio Price in Singapore (CIF) - 2022
- Vehicle Radio Price in Singapore (FOB) - 2022
- Vehicle Radio Imports in Singapore
- Vehicle Radio Exports in Singapore
Vehicle Radio Price in Singapore (CIF) - 2022
The average vehicle radio import price stood at $103 per unit in 2022, dropping by -43.7% against the previous year. Over the period under review, the import price, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2021 an increase of 155% against the previous year. As a result, import price reached the peak level of $182 per unit, and then declined sharply in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($241 per unit), while the price for Indonesia ($41 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Vehicle Radio Price in Singapore (FOB) - 2022
In 2022, the average vehicle radio export price amounted to $73 per unit, shrinking by -31.6% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average export price increased by 37%. The export price peaked at $107 per unit in 2021, and then declined dramatically in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($235 per unit), while the average price for exports to Indonesia ($61 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 Thailand (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Vehicle Radio Imports in Singapore
Vehicle radio imports into Singapore fell remarkably to 15K units in 2022, waning by -64.3% on the previous year. Overall, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. As a result, imports reached the peak of 43K units, and then declined remarkably in the following year.
In value terms, vehicle radio imports declined rapidly to $1.6M in 2022. In general, imports faced a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 458%. As a result, imports attained the peak of $7.9M, and then declined dramatically in the following year.
Import of Vehicle Radio in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1,752 | 1,048 | 2,865 | 663 | -27.7% |
Thailand | 107 | 15.4 | 148 | 515 | 68.8% |
China | 176 | 139 | 307 | 173 | -0.6% |
Japan | 3.2 | 14.5 | 5.6 | 86.3 | 199.9% |
United States | 27.4 | 4.8 | 4,388 | 30.5 | 3.6% |
Indonesia | 3.4 | N/A | N/A | 22.7 | 88.3% |
Others | 353 | 190 | 165 | 92.6 | -36.0% |
Total | 2,422 | 1,412 | 7,879 | 1,583 | -13.2% |
Top Suppliers of Vehicle Radio to Singapore in 2022:
- Thailand (5.9K units)
- Malaysia (5.3K units)
- China (3.0K units)
- Indonesia (0.6K units)
- Japan (0.4K units)
- United States (0.1K units)
Vehicle Radio Exports in Singapore
In 2022, exports of radio receivers for motor vehicles from Singapore shrank remarkably to 20K units, dropping by -41.4% on the year before. Overall, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,099%. As a result, the exports reached the peak of 33K units, and then shrank sharply in the following year.
In value terms, vehicle radio exports shrank notably to $1.4M in 2022. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,323% against the previous year. As a result, the exports attained the peak of $3.6M, and then shrank markedly in the following year.
Export of Vehicle Radio in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 728 | 6.7 | 53.3 | 866 | 6.0% |
United States | 93.8 | 31.1 | 942 | 91.3 | -0.9% |
Hong Kong SAR | 1.3 | 16.3 | 77.2 | 79.6 | 294.1% |
Uruguay | N/A | N/A | 6.8 | 73.8 | 985.3% |
United Arab Emirates | 1.3 | N/A | N/A | 69.1 | 276.0% |
China | 14.3 | 0.1 | 732 | 65.0 | 65.7% |
Germany | N/A | N/A | 1,147 | 46.4 | -96.0% |
Australia | 0.8 | 10.9 | 46.1 | 45.2 | 283.7% |
Brazil | N/A | N/A | 110 | 9.7 | -91.2% |
Malaysia | 121 | 57.7 | 4.8 | 4.5 | -66.6% |
India | 33.7 | N/A | 279 | N/A | 187.7% |
Others | 145 | 128 | 175 | 80.6 | -17.8% |
Total | 1,139 | 251 | 3,575 | 1,431 | 7.9% |
Top Export Markets for Vehicle Radio from Singapore in 2022:
- Malaysia (undefinedK units)
- Indonesia (14.2K units)
- United States (1.4K units)
- Germany (0.6K units)
- Australia (0.5K units)
- Uruguay (0.5K units)
- United Arab Emirates (0.5K units)
- China (0.5K units)
- Hong Kong SAR (0.4K units)
- Brazil (0.1K units)
This report provides an in-depth analysis of the vehicle radio 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 26401290 - Radio receivers for motor vehicles, n.e.c.
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
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Explore the top import markets for vehicle radios in 2023. Learn about the key countries driving the global market for automotive audio systems.
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
Explore the top import markets for vehicle radios in 2023. Learn about the key countries driving the global market for automotive audio systems.
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...