Singapore - Inductors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInductor Price in Singapore - 2022
Contents:
- Inductor Price in Singapore (FOB) - 2022
- Inductor Price in Singapore (CIF) - 2022
- Inductor Exports in Singapore
- Inductor Imports in Singapore
Inductor Price in Singapore (FOB) - 2022
In September 2022, the average inductor export price amounted to $36.2 per thousand units, rising by 7.9% against the previous month. Over the period under review, export price indicated a pronounced increase from September 2021 to September 2022: its price increased at an average monthly rate of +2.5% 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, inductor export price decreased by -28.7% against January 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 49% against the previous month. As a result, the export price reached the peak level of $50.8 per thousand units. From February 2022 to September 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was India ($114 per thousand units), while the average price for exports to South Korea ($6.9 per thousand units) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Inductor Price in Singapore (CIF) - 2022
The average inductor import price stood at $0.7 per unit in 2022, rising by 53% against the previous year. Over the period under review, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($0.7 per unit) and the Philippines ($0.7 per unit), while the price for Malaysia ($0.7 per unit) and China ($0.7 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Inductor Exports in Singapore
In 2022, shipments abroad of inductors decreased by -7.4% to 2.1B units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, the exports reached the peak of 2.3B units, and then declined in the following year.
In value terms, inductor exports soared to $772M in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Inductor in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 77.9 | 73.7 | 104 | 147 | 23.6% |
| Hong Kong SAR | 41.3 | 66.6 | 83.4 | 117 | 41.5% |
| South Korea | 15.5 | 31.5 | 49.8 | 69.9 | 65.2% |
| China | 17.4 | 21.9 | 43.5 | 61.1 | 52.0% |
| Netherlands | 23.0 | 22.9 | 39.5 | 55.5 | 34.1% |
| United States | 26.3 | 24.8 | 37.6 | 52.8 | 26.2% |
| Indonesia | 20.1 | 22.6 | 33.2 | 46.6 | 32.4% |
| Thailand | 27.2 | 24.8 | 32.1 | 45.0 | 18.3% |
| India | 10.5 | 11.4 | 24.1 | 33.9 | 47.8% |
| Vietnam | 16.9 | 15.1 | 19.3 | 27.1 | 17.0% |
| Germany | 10.4 | 9.2 | 16.1 | 22.6 | 29.5% |
| Philippines | 12.0 | 10.8 | 13.6 | 19.1 | 16.8% |
| Others | 43.1 | 32.5 | 50.2 | 74.6 | 20.1% |
| Total | 341 | 368 | 547 | 772 | 31.3% |
Top Export Markets for Inductor from Singapore in 2022:
- Malaysia (401.9M units)
- Hong Kong SAR (320.8M units)
- South Korea (191.5M units)
- China (167.3M units)
- Netherlands (152.1M units)
- United States (144.7M units)
- Indonesia (127.7M units)
- Thailand (123.3M units)
- India (92.7M units)
- Vietnam (74.2M units)
- Germany (61.9M units)
- Philippines (52.3M units)
Inductor Imports in Singapore
In 2022, overseas purchases of inductors were finally on the rise to reach 783M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep slump. Imports peaked at 1B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, inductor imports soared to $582M in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Inductor in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 99.3 | 110 | 146 | 221 | 30.6% |
| Indonesia | 82.6 | 54.4 | 67.6 | 102 | 7.3% |
| Vietnam | 49.1 | 52.9 | 62.5 | 94.7 | 24.5% |
| Philippines | 24.0 | 25.1 | 32.0 | 48.4 | 26.3% |
| Japan | 17.2 | 18.3 | 24.4 | 36.9 | 29.0% |
| Taiwan (Chinese) | 3.5 | 4.8 | 7.7 | 11.6 | 49.1% |
| Malaysia | 8.8 | 6.7 | 5.8 | 10.6 | 6.4% |
| Hong Kong SAR | 7.8 | 3.9 | 5.9 | 8.9 | 4.5% |
| Others | 26.0 | 24.0 | 28.0 | 48.0 | 22.7% |
| Total | 318 | 301 | 379 | 582 | 22.3% |
Top Suppliers of Inductor to Singapore in 2022:
- China (297.1M units)
- Indonesia (137.0M units)
- Vietnam (127.3M units)
- Philippines (65.2M units)
- Japan (49.7M units)
- Taiwan (Chinese) (15.6M units)
- Malaysia (14.3M units)
- Hong Kong SAR (12.0M units)
This report provides an in-depth analysis of the inductor 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 27115080 - Inductors (excluding induction coils, deflection coils for cathode-ray tubes, for discharge lamps and tubes)
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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