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Singapore - Electrical Fuses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSingapore: Electrical Fuse Market 2024
Electrical Fuse Market Size in Singapore
The Singaporean electrical fuse market soared to $X in 2021, surging by 42% against the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Electrical Fuse Production in Singapore
In value terms, electrical fuse production shrank rapidly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 62%. As a result, production reached the peak level of $X, and then fell markedly in the following year.
Electrical Fuse Exports
Exports from Singapore
Electrical fuse exports from Singapore dropped significantly to X tons in 2021, shrinking by -17.9% against 2020 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 57%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
In value terms, electrical fuse exports shrank to $X in 2021. Overall, total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +76.8% against 2016 indices. The pace of growth was the most pronounced in 2020 with an increase of 54%. As a result, the exports reached the peak of $X, and then dropped in the following year.
Exports by Country
Malaysia (X tons), Hong Kong SAR (X tons) and Indonesia (X tons) were the main destinations of electrical fuse exports from Singapore, together accounting for 73% of total exports.
From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +23.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for electrical fuse exported from Singapore were Malaysia ($X), Hong Kong SAR ($X) and Indonesia ($X), with a combined 72% share of total exports.
Hong Kong SAR, with a CAGR of +24.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average electrical fuse export price stood at $X per ton in 2021, rising by 3.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($X per ton) and China ($X per ton), while the average price for exports to Indonesia ($X per ton) and Thailand ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Fuse Imports
Imports into Singapore
Electrical fuse imports into Singapore skyrocketed to X tons in 2021, growing by 56% on the previous year's figure. The total import volume increased at an average annual rate of +6.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electrical fuse imports soared to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
China (X tons), the Philippines (X tons) and the United States (X tons) were the main suppliers of electrical fuse imports to Singapore, with a combined 63% share of total imports. These countries were followed by Japan, Mexico, Switzerland, Malaysia, Thailand, Hong Kong SAR, Germany, Taiwan (Chinese) and the UK, which together accounted for a further 33%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +23.2%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest electrical fuse suppliers to Singapore were China ($X), the Philippines ($X) and the United States ($X), with a combined 64% share of total imports. Japan, Mexico, Switzerland, Malaysia, Thailand, Hong Kong SAR, Germany, Taiwan (Chinese) and the UK lagged somewhat behind, together comprising a further 32%.
Switzerland, with a CAGR of +24.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average electrical fuse import price amounted to $X per ton, growing by 2.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2020 when the average import price increased by 17% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Switzerland ($X per ton) and the Philippines ($X per ton), while the price for Japan ($X per ton) and Germany ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electrical fuse 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 27121010 - Fuses for a voltage > 1 kV
- Prodcom 27122130 - Fuses for a voltage . 1 kV and for a current . .10 A
- Prodcom 27122150 - Fuses for a voltage . 1 kV and for a current > .10 A but . .63 A
- Prodcom 27122170 - Fuses for a voltage . 1 kV and for a current > .63 A
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
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