Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore - 2022
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore (CIF) - 2022
In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $124 per unit, surging by 19% against the previous year. Overall, the import price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2018 an increase of 41% against the previous year. The import price peaked at $197 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($249 per unit), while the price for China ($106 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $80 per unit in 2022, surging by 7.5% against the previous year. In general, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices attained the peak figure at $158 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($429 per unit), while the average price for exports to Thailand ($13 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 China (+9.3%), while the prices for the other major destinations experienced a decline.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore
In 2022, the amount of heaters; instantaneous or storage water heaters, non-electric, other than gasses imported into Singapore reduced markedly to 32K units, declining by -74.8% on the previous year. In general, imports recorded a slight setback. The pace of growth was the most pronounced in 2021 with an increase of 337% against the previous year. As a result, imports attained the peak of 125K units, and then reduced markedly in the following year.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses fell notably to $3.9M in 2022. Over the period under review, imports showed a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by 321% against the previous year. As a result, imports reached the peak of $13M, and then fell sharply in the following year.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,006 | 1,200 | 11,464 | 1,548 | 15.4% |
| Finland | N/A | 723 | 481 | 1,229 | 30.4% |
| United States | 956 | 598 | 493 | 314 | -31.0% |
| Germany | 190 | 63.9 | 217 | 265 | 11.7% |
| Australia | 41.6 | 132 | 109 | 105 | 36.2% |
| Japan | 270 | 90.7 | 6.3 | 21.3 | -57.1% |
| Spain | 568 | N/A | N/A | N/A | 0% |
| Others | 1,171 | 291 | 273 | 418 | -29.1% |
| Total | 4,203 | 3,098 | 13,043 | 3,900 | -2.5% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Singapore in 2022:
- China (14.7K units)
- Finland (11.4K units)
- United States (2.4K units)
- Germany (1.1K units)
- Australia (0.6K units)
- Japan (0.4K units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore
After three years of growth, shipments abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses decreased by -81.1% to 31K units in 2022. Over the period under review, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 363%. As a result, the exports attained the peak of 162K units, and then reduced remarkably in the following year.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses dropped remarkably to $2.5M in 2022. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 568%. As a result, the exports attained the peak of $12M, and then shrank markedly in the following year.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 178 | 638 | 10,835 | 1,355 | 96.7% |
| Bangladesh | 4.4 | 11.3 | N/A | 239 | 278.7% |
| United States | 650 | 24.0 | 490 | 198 | -32.7% |
| Indonesia | 152 | 773 | 257 | 186 | 7.0% |
| Thailand | 15.4 | 28.8 | 119 | 38.6 | 35.8% |
| Cambodia | 389 | 21.5 | 14.3 | 0.2 | -92.0% |
| Kenya | 84.1 | N/A | N/A | N/A | 0% |
| Others | 263 | 308 | 344 | 436 | 18.4% |
| Total | 1,736 | 1,805 | 12,059 | 2,452 | 12.2% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Singapore in 2022:
- Malaysia (17.8K units)
- Indonesia (6.2K units)
- Thailand (2.9K units)
- United States (2.2K units)
- Bangladesh (0.6K units)
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