Singapore - Non-Electric Air Heaters Or Hot Air Distributors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Singapore - Non-Electric Air Heaters Or Hot Air Distributors - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Air Heater Price in Singapore - 2022

Contents:

  1. Non-Electric Air Heater Price in Singapore (CIF) - 2022
  2. Non-Electric Air Heater Price in Singapore (FOB) - 2022
  3. Non-Electric Air Heater Imports in Singapore
  4. Non-Electric Air Heater Exports in Singapore

Non-Electric Air Heater Price in Singapore (CIF) - 2022

In September 2022, the average non-electric air heater import price amounted to $6.0 per unit, declining by -10.3% against the previous month. Overall, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in June 2022 an increase of 60% m-o-m. As a result, import price reached the peak level of $15.6 per unit. From July 2022 to September 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Taiwan (Chinese) ($142 per unit), while the price for Malaysia ($5.2 per unit) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+24.8%), while the prices for the other major suppliers experienced a decline.

Non-Electric Air Heater Price in Singapore (FOB) - 2022

The average non-electric air heater export price stood at $11 per unit in 2022, with an increase of 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2018 an increase of 13% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($12 per unit), while the average price for exports to Malaysia ($7.3 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 Iran (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Air Heater Imports in Singapore

Non-electric air heater imports into Singapore surged to 574K units in 2022, with an increase of 81% on the year before. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electric air heater imports shrank modestly to $3M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of $3.1M, and then shrank slightly in the following year.

Import of Non-Electric Air Heater in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1,4501,2561,7132,06512.5%
China3613741164779.7%
United States41.713.110612142.6%
Japan3.629.830584.6186.4%
Taiwan (Chinese)85.627932073.9-4.8%
Germany41.17.028.572.921.0%
United Kingdom66.717111.43.2-63.7%
Others265179545135-20.1%
Total2,3142,3083,1453,0339.4%

Top Suppliers of Non-Electric Air Heater to Singapore in 2022:

  1. Malaysia (210.4K units)
  2. China (82.8K units)
  3. United States (20.1K units)
  4. Taiwan (Chinese) (10.7K units)
  5. Germany (7.4K units)
  6. Japan (5.6K units)
  7. United Kingdom (0.5K units)

Non-Electric Air Heater Exports in Singapore

In 2022, after three years of growth, there was significant decline in overseas shipments of non-electric air heaters or hot air distributors, when their volume decreased by -38.5% to 120K units. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. As a result, the exports reached the peak of 195K units, and then shrank rapidly in the following year.

In value terms, non-electric air heater exports declined notably to $1.3M in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 107% against the previous year. As a result, the exports attained the peak of $2M, and then reduced remarkably in the following year.

Export of Non-Electric Air Heater in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia14717423.332730.5%
Indonesia14712659028324.4%
FranceN/A9.6309202358.7%
Taiwan (Chinese)N/AN/A11015540.9%
Vietnam25.9253N/A13372.5%
Philippines10.824.640460.277.3%
Thailand15.026.95.941.940.8%
China46.212.720.128.1-15.3%
South AfricaN/AN/A1450.1-99.9%
South Korea26.474.7N/AN/A183.0%
Others117261381115-0.6%
Total5369621,9891,34635.9%

Top Export Markets for Non-Electric Air Heater from Singapore in 2022:

  1. South Africa (undefinedK units)
  2. Malaysia (44.9K units)
  3. Indonesia (28.2K units)
  4. France (18.6K units)
  5. Taiwan (Chinese) (15.7K units)
  6. Vietnam (12.2K units)
  7. Philippines (5.5K units)
  8. Thailand (3.4K units)
  9. China (2.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric air heater 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 27521300 - Air heaters or hot air distributors n.e.c., of iron or steel, nonelectric

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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