Singapore - Domestic Electric Coffee Or Tea Makers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Coffee Machine Price in Singapore - 2022
Contents:
- Domestic Coffee Machine Price in Singapore (CIF) - 2022
- Domestic Coffee Machine Price in Singapore (FOB) - 2022
- Domestic Coffee Machine Imports in Singapore
- Domestic Coffee Machine Exports in Singapore
Domestic Coffee Machine Price in Singapore (CIF) - 2022
In September 2022, the average domestic coffee machine import price amounted to $61.0 per unit, approximately reflecting the previous month. Over the period under review, import price indicated moderate growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, domestic coffee machine import price decreased by -7.1% against July 2022 indices. The growth pace was the most rapid in January 2022 an increase of 28% against the previous month. The import price peaked at $65.7 per unit in July 2022; however, from August 2022 to September 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($144 per unit), while the price for Indonesia stood at $58.0 per unit.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%).
Domestic Coffee Machine Price in Singapore (FOB) - 2022
The average domestic coffee machine export price stood at $41 per unit in 2022, rising by 38% against the previous year. Overall, the export price, however, showed a perceptible curtailment. Over the period under review, the average export prices attained the peak figure at $75 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($532 per unit), while the average price for exports to Indonesia ($10 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 Slovakia (+63.6%), while the prices for the other major destinations experienced mixed trend patterns.
Domestic Coffee Machine Imports in Singapore
Domestic coffee machine imports into Singapore soared to 4.6M units in 2022, with an increase of 38% against the year before. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 251% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, domestic coffee machine imports surged to $198M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 177%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Domestic Coffee Machine in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 7.3 | 43.8 | 110 | 185 | 193.7% |
| China | 2.8 | 3.8 | 4.7 | 4.3 | 15.4% |
| Others | 9.7 | 7.1 | 8.6 | 9.0 | -2.5% |
| Total | 19.8 | 54.7 | 124 | 198 | 115.4% |
Top Suppliers of Domestic Coffee Machine to Singapore in 2022:
- Indonesia (4.5M units)
- China (0.1M units)
Domestic Coffee Machine Exports in Singapore
In 2022, approx. 4.7M units of domestic electric coffee or tea makers were exported from Singapore; growing by 15% compared with 2021 figures. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 280% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, domestic coffee machine exports skyrocketed to $194M in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 234%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Domestic Coffee Machine in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.6 | 43.2 | 116 | 186 | 178.6% |
| Canada | 1.8 | N/A | 2.4 | 3.2 | 21.1% |
| Indonesia | 2.0 | 2.0 | 1.2 | 2.0 | 0.0% |
| Others | 2.0 | 3.3 | 3.5 | 2.9 | 13.2% |
| Total | 14.5 | 48.5 | 123 | 194 | 137.4% |
Top Export Markets for Domestic Coffee Machine from Singapore in 2022:
- United States (4.4M units)
- Indonesia (0.2M units)
- Canada (0.1M units)
This report provides an in-depth analysis of the domestic coffee machine 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 27512430 - Domestic electric coffee or tea makers (including percolators)
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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