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Singapore - Parts of Apparatus of Hs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSingapore: Market for Parts Of Apparatus Of Hs 2024
Market Size for Parts Of Apparatus Of Hs in Singapore
In 2021, the Singaporean market for parts of apparatus of hs decreased by -21.4% to $X, falling for the second consecutive year after three years of growth. Overall, consumption continues to indicate a deep slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.
Exports of Parts Of Apparatus Of Hs
Exports from Singapore
In 2021, overseas shipments of parts of apparatus of hs increased by 54% to X units, rising for the second year in a row after five years of decline. Overall, exports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2014 when exports increased by 328%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.
In value terms, parts of apparatus of hs exports surged to $X in 2021. In general, exports posted modest growth. The growth pace was the most rapid in 2014 with an increase of 247%. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
Indonesia (X units), Hong Kong SAR (X units) and Malaysia (X units) were the main destinations of parts of apparatus of hs exports from Singapore, together comprising 25% of total exports. These countries were followed by Vietnam, Thailand, India, the United Arab Emirates, China, the United States, Taiwan (Chinese), Japan and South Korea, which together accounted for a further 27%.
From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +25.7%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Indonesia ($X), Thailand ($X) and Hong Kong SAR ($X) appeared to be the largest markets for parts of apparatus of hs exported from Singapore worldwide, with a combined 20% share of total exports. These countries were followed by Malaysia, Vietnam, the United Arab Emirates, China, India, Japan, the United States, South Korea and Taiwan (Chinese), which together accounted for a further 24%.
In terms of the main countries of destination, Vietnam, with a CAGR of +14.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for parts of apparatus of hs stood at $X per unit in 2021, waning by -12.6% against the previous year. Over the period under review, the export price, however, continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 34%. The export price peaked at $X per unit in 2020, and then reduced in the following year.
There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Thailand ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Parts Of Apparatus Of Hs
Imports into Singapore
In 2021, purchases abroad of parts of apparatus of hs was finally on the rise to reach X units for the first time since 2014, thus ending a six-year declining trend. Overall, imports showed noticeable growth. The most prominent rate of growth was recorded in 2013 when imports increased by 169%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.
In value terms, parts of apparatus of hs imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X units) constituted the largest parts of apparatus of hs supplier to Singapore, accounting for a 52% share of total imports. Moreover, parts of apparatus of hs imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold. The third position in this ranking was held by Indonesia (X units), with a 12% share.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+7.1% per year) and Indonesia (-3.0% per year).
In value terms, China ($X) constituted the largest supplier of parts of apparatus of hs to Singapore, comprising 52% of total imports. The second position in the ranking was held by Malaysia ($X), with an 8.1% share of total imports. It was followed by Indonesia, with a 4.1% share.
From 2012 to 2021, the average annual growth rate of value from China amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+1.4% per year) and Indonesia (-12.1% per year).
Import Prices by Country
In 2021, the average import price for parts of apparatus of hs amounted to $X per unit, growing by 5.3% against the previous year. Over the period under review, the import price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2019 an increase of 56% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for parts of apparatus of hs 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 26405180 - Parts of apparatus of HS
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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