Price for Electrical Insulators of Any Material in Singapore - 2022
Contents:
- Price for Electrical Insulators of Any Material in Singapore (CIF) - 2022
- Price for Electrical Insulators of Any Material in Singapore (FOB) - 2022
- Imports of Electrical Insulators of Any Material in Singapore
- Exports of Electrical Insulators of Any Material in Singapore
Price for Electrical Insulators of Any Material in Singapore (CIF) - 2022
The average import price for electrical insulators of any materials stood at $1.2 per unit in 2022, shrinking by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 19%. As a result, import price attained the peak level of $1.3 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($1.7 per unit), while the price for the United States ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Insulators of Any Material in Singapore (FOB) - 2022
In 2022, the average export price for electrical insulators of any materials amounted to $0.7 per unit, with a decrease of -11.6% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 24%. The export price peaked at $1.4 per unit in 2018; however, from 2019 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 China ($1.4 per unit), while the average price for exports to Vietnam ($0.5 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 Myanmar (+18.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electrical Insulators of Any Material in Singapore
Electrical insulators of any material imports into Singapore dropped to 21M units in 2022, waning by -7.5% on the year before. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Imports peaked at 25M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electrical insulators of any material imports fell to $26M in 2022. Overall, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of $30M, and then shrank in the following year.
| Import of Electrical Insulators of Any Material in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.1 | 4.2 | 4.5 | 4.8 | 5.4% |
| Japan | 4.6 | 3.1 | 4.6 | 4.3 | -2.2% |
| United States | 3.1 | 3.8 | 5.8 | 4.2 | 10.7% |
| China | 7.7 | 3.5 | 4.5 | 4.0 | -19.6% |
| France | 0.2 | 0.3 | 1.1 | 1.8 | 108.0% |
| Italy | 1.9 | 1.3 | 1.6 | 1.4 | -9.7% |
| Thailand | 0.8 | 0.8 | 1.6 | 1.4 | 20.5% |
| India | 0.6 | 0.4 | 0.6 | 0.5 | -5.9% |
| United Kingdom | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
| Czech Republic | 1.4 | 0.8 | 0.9 | 0.3 | -40.2% |
| Indonesia | 1.1 | 0.4 | 0.8 | 0.3 | -35.2% |
| Others | 2.1 | 2.5 | 3.2 | 2.2 | 1.6% |
| Total | 28.0 | 21.4 | 29.8 | 25.6 | -2.9% |
Top Suppliers of Electrical Insulators of Any Material to Singapore in 2022:
- United States (5.1M units)
- Japan (4.4M units)
- Malaysia (3.0M units)
- China (2.6M units)
- Italy (1.4M units)
- France (1.3M units)
- Thailand (0.9M units)
- United Kingdom (0.4M units)
- Czech Republic (0.2M units)
- Indonesia (0.2M units)
- India (0.2M units)
Exports of Electrical Insulators of Any Material in Singapore
Electrical insulators of any material exports from Singapore fell markedly to 31M units in 2022, shrinking by -18.7% compared with the previous year's figure. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. As a result, the exports attained the peak of 38M units, and then dropped markedly in the following year.
In value terms, electrical insulators of any material exports plummeted to $22M in 2022. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. Over the period under review, the exports reached the maximum at $31M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electrical Insulators of Any Material in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 8.5 | 6.1 | 7.7 | 8.2 | -1.2% |
| Indonesia | 7.5 | 5.0 | 4.4 | 3.9 | -19.6% |
| Philippines | 3.0 | 2.2 | 2.2 | 2.1 | -11.2% |
| Thailand | 3.7 | 2.6 | 8.4 | 1.9 | -19.9% |
| Hong Kong SAR | 0.5 | 0.7 | 1.3 | 1.0 | 26.0% |
| United States | 0.4 | 0.2 | 0.3 | 0.7 | 20.5% |
| Vietnam | 1.9 | 1.1 | 1.0 | 0.6 | -31.9% |
| Taiwan (Chinese) | 0.8 | 0.2 | 0.2 | 0.3 | -27.9% |
| Others | 4.7 | 3.0 | 4.8 | 3.1 | -13.0% |
| Total | 31.0 | 21.0 | 30.3 | 21.8 | -11.1% |
Top Export Markets for Electrical Insulators of Any Material from Singapore in 2022:
- Malaysia (13.5M units)
- Indonesia (6.2M units)
- Philippines (2.0M units)
- Thailand (1.9M units)
- Hong Kong SAR (1.6M units)
- Vietnam (1.1M units)
- United States (0.9M units)
- Taiwan (Chinese) (0.3M units)
395
This report provides an in-depth analysis of the electrical insulator market in Singapore.
451
This report provides an in-depth analysis of the ceramic electrical insulator market in Singapore.
320
This report provides an in-depth analysis of the glass electrical insulator market in Singapore.
977
This report provides an in-depth analysis of the global electrical insulator market.
602
This report provides an in-depth analysis of the global ceramic electrical insulator market.
572
This report provides an in-depth analysis of the global glass electrical insulator market.
395
This report provides an in-depth analysis of the electrical insulator market in Singapore.
451
This report provides an in-depth analysis of the ceramic electrical insulator market in Singapore.
320
This report provides an in-depth analysis of the glass electrical insulator market in Singapore.
977
This report provides an in-depth analysis of the global electrical insulator market.
Nothing found. Please try again.
