Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore - 2022
Contents:
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore (FOB) - 2022
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore (CIF) - 2022
- Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore
- Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore (FOB) - 2022
The average export price for generators stood at $2,440 per unit in 2022, rising by 2.6% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($14,955 per unit), while the average price for exports to Vietnam ($203 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 the Philippines (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore (CIF) - 2022
In 2022, the average import price for generators amounted to $801 per unit, shrinking by -18.8% against the previous year. In general, the import price showed a noticeable slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 46% against the previous year. The import price peaked at $2,511 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 UK ($2,391 per unit), while the price for China ($185 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore
In 2022, overseas shipments of generators were finally on the rise to reach 23K units after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports of hit record highs at 36K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of generators soared to $57M in 2022. In general, exports, however, showed a pronounced decline. The exports peaked at $62M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 15.2 | 0% |
| Japan | 8.2 | 10.1 | 9.0 | 8.6 | 1.6% |
| France | 5.2 | 5.2 | 2.5 | 7.5 | 13.0% |
| Hong Kong SAR | 8.6 | 2.4 | 2.2 | 7.1 | -6.2% |
| China | 15.5 | 4.0 | 9.0 | 5.1 | -31.0% |
| Australia | 5.7 | 3.2 | 3.4 | 4.4 | -8.3% |
| Taiwan (Chinese) | 3.3 | 0.4 | 2.6 | 1.8 | -18.3% |
| India | 0.4 | N/A | N/A | 1.8 | 65.1% |
| United States | 2.7 | 2.3 | 0.9 | 1.2 | -23.7% |
| Malaysia | 1.5 | 1.4 | 0.9 | 0.4 | -35.6% |
| Vietnam | 0.4 | N/A | 0.2 | 0.2 | -20.6% |
| Thailand | 2.8 | 0.9 | 0.1 | N/A | -81.1% |
| Cambodia | 3.7 | 1.4 | N/A | N/A | -62.2% |
| Others | 4.1 | 3.9 | 4.3 | 4.1 | 0.0% |
| Total | 62.2 | 35.4 | 35.2 | 57.3 | -2.7% |
Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Singapore in 2022:
- United Arab Emirates (6.6K units)
- Australia (4.3K units)
- Japan (3.4K units)
- Taiwan (Chinese) (1.4K units)
- United States (1.4K units)
- Hong Kong SAR (1.4K units)
- France (1.2K units)
- Vietnam (0.9K units)
- China (0.6K units)
- Malaysia (0.4K units)
- India (0.3K units)
Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore
In 2022, imports of generators into Singapore soared to 14K units, with an increase of 38% against the year before. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 117% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of generators totaled $11M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.0 | 3.2 | 5.8 | 4.6 | 15.3% |
| United Kingdom | 3.9 | 2.4 | 0.9 | 2.0 | -20.0% |
| China | 2.0 | 0.4 | 1.5 | 1.7 | -5.3% |
| Italy | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Others | 1.8 | 1.4 | 1.8 | 2.9 | 17.2% |
| Total | 11.0 | 7.7 | 10.2 | 11.4 | 1.2% |
Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Singapore in 2022:
- China (9.0K units)
- United States (2.3K units)
- Italy (1.3K units)
- United Kingdom (0.8K units)
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