Report Update: Apr 1, 2024

Singapore - Window Or Wall Air Conditioning Systems, Self-Contained Or Split-Systems - Market Analysis, Forecast, Size, Trends And Insights

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Price for Window, Wall, or Split Air Conditioning System in Singapore - 2022

Price for Window, Wall, or Split Air Conditioning System in Singapore (CIF) - 2022
Price for Window, Wall, or Split Air Conditioning System in Singapore (FOB) - 2022
Imports of Window, Wall, or Split Air Conditioning System in Singapore
Exports of Window, Wall, or Split Air Conditioning System in Singapore

Price for Window, Wall, or Split Air Conditioning System in Singapore (CIF) - 2022

In September 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $346 per unit, waning by -10.1% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 an increase of 36% month-to-month. Over the period under review, average import prices reached the peak figure at $421 per unit in March 2022; however, from April 2022 to September 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($420 per unit), while the price for South Korea ($237 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 Malaysia (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Window, Wall, or Split Air Conditioning System in Singapore (FOB) - 2022

In September 2022, the average export price for window or wall air conditioning systems, self-contained or split-systems amounted to $360 per unit, shrinking by -40.2% against the previous month. Overall, export price indicated a slight increase from September 2021 to September 2022: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, export price for window or wall air conditioning systems, self-contained or split-systems decreased by -40.2% against August 2022 indices. The growth pace was the most rapid in August 2022 when the average export price increased by 40% month-to-month. As a result, the export price reached the peak level of $603 per unit, and then fell notably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($640 per unit), while the average price for exports to Niger ($280 per unit) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Window, Wall, or Split Air Conditioning System in Singapore

In 2022, approx. 1.1M units of window or wall air conditioning systems, self-contained or split-systems were imported into Singapore; growing by 4.2% on the year before. In general, imports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Imports peaked at 1.3M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems expanded markedly to $303M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Imports peaked at $304M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Window, Wall, or Split Air Conditioning System in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	193	136	210	231	6.2%
Malaysia	74.9	46.7	44.5	43.5	-16.6%
China	16.2	19.9	18.6	18.1	3.8%
Others	20.6	10.5	12.2	10.7	-19.6%
Total	304	213	286	303	-0.1%

Top Suppliers of Window, Wall, or Split Air Conditioning System to Singapore in 2022:

Thailand (816.1K units)
Malaysia (209.9K units)
China (75.3K units)

Exports of Window, Wall, or Split Air Conditioning System in Singapore

In 2022, exports of window or wall air conditioning systems, self-contained or split-systems from Singapore reduced modestly to 230K units, shrinking by -4.8% on the previous year. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 7.7%. Over the period under review, the exports of reached the maximum at 319K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems reduced slightly to $72M in 2022. In general, exports continue to indicate a deep slump. The smallest decline of -0.1% was in 2021. Over the period under review, the exports of attained the maximum at $97M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Window, Wall, or Split Air Conditioning System in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bangladesh	17.6	12.8	20.4	27.1	15.5%
Cambodia	32.2	25.8	24.2	20.4	-14.1%
Vietnam	8.8	6.9	4.2	6.5	-9.6%
Maldives	5.2	3.1	3.5	2.6	-20.6%
Burkina Faso	1.9	3.1	2.6	1.8	-1.8%
Thailand	2.7	2.7	2.6	1.6	-16.0%
Hong Kong SAR	2.4	2.0	1.1	0.7	-33.7%
India	7.1	2.5	1.3	0.6	-56.1%
Guinea	1.2	1.2	0.4	0.4	-30.7%
Nigeria	2.9	1.0	0.7	0.1	-67.5%
Oman	2.6	0.5	1.9	N/A	-14.5%
Others	12.2	11.5	10.3	10.5	-4.9%
Total	96.8	73.3	73.2	72.4	-9.2%

Top Export Markets for Window, Wall, or Split Air Conditioning System from Singapore in 2022:

Bangladesh (104.8K units)
Cambodia (50.8K units)
Vietnam (19.7K units)
Burkina Faso (6.6K units)
Maldives (4.5K units)
Thailand (3.0K units)
India (2.7K units)
Hong Kong SAR (2.6K units)
Guinea (2.0K units)
Nigeria (0.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for window, wall, or split air conditioning system 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 28251220 - Window or wall air conditioning systems, self-contained or split-systems

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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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