Singapore - Lighting Sets For Christmas Trees - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Singapore - Lighting Sets For Christmas Trees - Market Analysis, Forecast, Size, Trends and Insights

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Price for Lighting Set for Christmas Trees in Singapore - 2021

Contents:

  1. Price for Lighting Set for Christmas Trees in Singapore (CIF) - 2022
  2. Price for Lighting Set for Christmas Trees in Singapore (FOB) - 2022
  3. Imports of Lighting Set for Christmas Trees in Singapore
  4. Exports of Lighting Set for Christmas Trees in Singapore

Price for Lighting Set for Christmas Trees in Singapore (CIF) - 2022

The average import price for lighting sets for christmas trees stood at $3 per unit in 2022, standing approx. at the previous year. Overall, the import price continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 9.4% against the previous year. The import price peaked at $3.3 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($3 per unit) and Japan ($3 per unit), while the price for France ($2.9 per unit) and the United States ($3 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.1%), while the prices for the other major suppliers experienced a decline.

Price for Lighting Set for Christmas Trees in Singapore (FOB) - 2022

In 2022, the average export price for lighting sets for christmas trees amounted to $3.7 per unit, remaining relatively unchanged against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lighting set for christmas trees export price decreased by -38.1% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 36% against the previous year. Over the period under review, the average export prices attained the maximum at $6 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($3.7 per unit), while the average price for exports to Maldives ($3.5 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 Christmas Island (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lighting Set for Christmas Trees in Singapore

In 2022, purchases abroad of lighting sets for christmas trees was finally on the rise to reach 285K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep contraction. Over the period under review, imports reached the peak figure at 450K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, lighting set for christmas trees imports reduced slightly to $848K in 2022. Overall, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 1.7%. Over the period under review, imports reached the peak figure at $1.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Lighting Set for Christmas Trees in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China847706567733-4.7%
France8.386.39.435.862.8%
Italy38.25.46.217.2-23.4%
Japan25.62.29.813.0-20.2%
Indonesia2.8N/A239N/A823.9%
Taiwan (Chinese)331N/AN/AN/A0%
Others87.640.323.948.7-17.8%
Total1,342841855848-14.2%

Top Suppliers of Lighting Set for Christmas Trees to Singapore in 2022:

  1. China (246.3K units)
  2. France (12.2K units)
  3. Italy (5.8K units)
  4. Japan (4.4K units)

Exports of Lighting Set for Christmas Trees in Singapore

After two years of decline, overseas shipments of lighting sets for christmas trees increased by 57% to 52K units in 2022. Overall, exports, however, continue to indicate a abrupt decline. The exports peaked at 100K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, lighting set for christmas trees exports skyrocketed to $193K in 2022. In general, exports, however, showed a sharp curtailment. Over the period under review, the exports reached the peak figure at $498K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Lighting Set for Christmas Trees in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1040.12.016215.9%
Maldives9.40.40.717.021.8%
Malaysia7.70.20.413.420.3%
China329N/AN/AN/A0%
United KingdomN/A178N/AN/A0%
MyanmarN/A85.5N/AN/A0%
United States28.4N/A106N/A93.2%
Others20.30.111.8N/A-23.8%
Total498264121193-27.1%

Top Export Markets for Lighting Set for Christmas Trees from Singapore in 2022:

  1. Indonesia (43.6K units)
  2. Maldives (4.9K units)
  3. Malaysia (3.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lighting set for christmas trees 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 27403200 - Lighting sets for Christmas trees

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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