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Singapore - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSingapore: Market for Radiators for Central Heating (not Electrically Heated) 2024
Market Size for Radiators for Central Heating (not Electrically Heated) in Singapore
The Singaporean non-electric central heating radiator market stood at $X in 2023, picking up by X% against the previous year. In general, the total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2017 indices. Over the period under review, the market attained the maximum level in 2023 and is expected to retain growth in the immediate term.
Production of Radiators for Central Heating (not Electrically Heated) in Singapore
In value terms, non-electric central heating radiator production surged to $X in 2023 estimated in export price. In general, the total production indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2023 and is expected to retain growth in the near future.
Exports of Radiators for Central Heating (not Electrically Heated)
Exports from Singapore
In 2023, the amount of radiators for central heating (not electrically heated) exported from Singapore dropped rapidly to X units, which is down by X% against 2022. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, non-electric central heating radiator exports contracted to $X in 2023. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The United Arab Emirates (X units), Indonesia (X units) and the United States (X units) were the main destinations of non-electric central heating radiator exports from Singapore, with a combined X% share of total exports. Japan, Malaysia, South Korea, Australia, Vietnam, Taiwan (Chinese), Hong Kong SAR, China and the Philippines lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Japan ($X), the United Arab Emirates ($X) and Indonesia ($X) were the largest markets for non-electric central heating radiator exported from Singapore worldwide, together accounting for X% of total exports.
Japan, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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
In 2023, the average non-electric central heating radiator export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, non-electric central heating radiator export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2023 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Radiators for Central Heating (not Electrically Heated)
Imports into Singapore
Non-electric central heating radiator imports into Singapore dropped remarkably to X units in 2023, reducing by X% on the previous year. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, non-electric central heating radiator imports contracted to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.
Imports by Country
Malaysia (X units), China (X units) and the United States (X units) were the main suppliers of non-electric central heating radiator imports to Singapore, together accounting for X% of total imports.
From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced a decline.
In value terms, Malaysia ($X) constituted the largest supplier of radiators for central heating (not electrically heated) to Singapore, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Australia, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Australia (X% per year).
Import Prices by Country
The average non-electric central heating radiator import price stood at $X per unit in 2023, jumping by X% against the previous year. Overall, the import price recorded strong growth. The growth pace was the most rapid in 2022 when the average import price increased by X%. The import price peaked in 2023 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for non-electric central heating radiator 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel
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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