Report Update: May 1, 2024

Singapore - Network Communications Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Network Communications Equipment Price in Singapore - 2022

Network Communications Equipment Price in Singapore (CIF) - 2022

The average network communications equipment import price stood at $136 per unit in 2022, which is down by -21.9% against the previous year. In general, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. The import price peaked at $286 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($509 per unit), while the price for Taiwan (Chinese) ($78 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Network Communications Equipment Price in Singapore (FOB) - 2022

The average network communications equipment export price stood at $96 per unit in 2022, dropping by -4.3% against the previous year. Over the period under review, the export price saw a noticeable contraction. The growth pace was the most rapid in 2018 when the average export price increased by 39%. The export price peaked at $158 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($318 per unit), while the average price for exports to Hong Kong SAR ($41 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 Malaysia (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Network Communications Equipment Imports in Singapore

In 2022, overseas purchases of network communications equipment were finally on the rise to reach 6.6M units for the first time since 2019, thus ending a two-year declining trend. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, network communications equipment imports skyrocketed to $902M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Network Communications Equipment in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	37.1	21.9	36.9	236	85.3%
Malaysia	60.0	97.2	78.8	186	45.8%
China	92.9	83.6	103	177	24.0%
Vietnam	0.2	2.7	39.3	120	743.4%
Thailand	35.2	54.9	18.4	59.5	19.1%
United States	89.3	90.1	76.1	44.2	-20.9%
Others	106	79.0	95.9	79.2	-9.3%
Total	421	429	449	902	28.9%

Top Suppliers of Network Communications Equipment to Singapore in 2022:

Taiwan (Chinese) (3011.4K units)
China (1154.8K units)
Vietnam (911.9K units)
Malaysia (678.0K units)
Thailand (611.6K units)
United States (86.9K units)

Network Communications Equipment Exports in Singapore

For the fourth consecutive year, Singapore recorded growth in shipments abroad of network communications equipment, which increased by 94% to 8.7M units in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, network communications equipment exports surged to $833M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Network Communications Equipment in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	32.3	19.0	42.9	175	75.6%
United States	93.8	46.3	63.1	146	15.9%
Taiwan (Chinese)	9.4	9.7	42.9	144	148.4%
Japan	62.5	42.2	43.9	82.6	9.7%
Australia	7.2	8.3	25.1	49.8	90.5%
China	41.3	38.7	47.0	42.7	1.1%
Malaysia	55.3	74.1	64.0	30.3	-18.2%
South Korea	15.8	11.8	16.1	20.6	9.2%
Indonesia	9.2	5.9	8.5	9.8	2.1%
Thailand	5.8	6.0	6.4	4.0	-11.6%
Others	99.6	53.9	88.3	129	9.0%
Total	432	316	448	833	24.5%

Top Export Markets for Network Communications Equipment from Singapore in 2022:

Hong Kong SAR (4293.5K units)
Taiwan (Chinese) (578.7K units)
China (564.7K units)
Australia (505.9K units)
South Korea (476.5K units)
United States (460.0K units)
Japan (456.4K units)
Malaysia (324.1K units)
Indonesia (210.2K units)
Thailand (74.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the network communications equipment 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 26122000 - Network communications equipment (e.g. hubs, routers, g ateways) for LANs and WANs and sound, video, network and similar cards for automatic data processing machines

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023