Singapore - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRadiator Price in Singapore - 2022
Contents:
- Radiator Price in Singapore (CIF) - 2022
- Radiator Price in Singapore (FOB) - 2022
- Radiator Imports in Singapore
- Radiator Exports in Singapore
Radiator Price in Singapore (CIF) - 2022
The average radiator import price stood at $13,617 per ton in September 2022, with an increase of 17% against the previous month. In general, the import price showed a prominent increase. The pace of growth appeared the most rapid in June 2022 an increase of 643% m-o-m. As a result, import price attained the peak level of $28,005 per ton. From July 2022 to September 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Malaysia ($14,841 per ton), while the price for India ($9,125 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Australia (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Radiator Price in Singapore (FOB) - 2022
In 2022, the average radiator export price amounted to $4,114 per ton, with an increase of 42% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radiator export price increased by +84.5% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($5,704 per ton), while the average price for exports to Vietnam ($2,601 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+66.3%), while the prices for the other major destinations experienced more modest paces of growth.
Radiator Imports in Singapore
In 2022, the amount of radiators for central heating (not electrically heated) imported into Singapore contracted to 2.5K tons, dropping by -3.3% against the year before. Over the period under review, imports saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year.
In value terms, radiator imports rose slightly to $8.4M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Radiator in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.0 | 4.7 | 5.6 | 5.7 | -1.7% |
| China | 1.9 | 1.8 | 2.2 | 2.0 | 1.7% |
| Australia | 0.1 | N/A | 0.3 | 0.3 | 44.2% |
| Others | 0.3 | 0.1 | 0.2 | 0.3 | 0.0% |
| Total | 8.3 | 6.6 | 8.2 | 8.4 | 0.4% |
Top Suppliers of Radiator to Singapore in 2022:
- Malaysia (1694.1 tons)
- China (643.9 tons)
- Australia (86.5 tons)
Radiator Exports in Singapore
In 2022, the amount of radiators for central heating (not electrically heated) exported from Singapore shrank rapidly to 457 tons, which is down by -30.8% against the year before. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 55% against the previous year.
In value terms, radiator exports fell modestly to $1.9M in 2022. In general, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year.
| Export of Radiator in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 139 | 89.2 | 164 | 552 | 58.4% |
| United States | 18.9 | 219 | 449 | 457 | 189.2% |
| Indonesia | 334 | 149 | 348 | 349 | 1.5% |
| Malaysia | 106 | 77.0 | 59.7 | 153 | 13.0% |
| Australia | 115 | 35.7 | 90.3 | 107 | -2.4% |
| South Korea | N/A | 7.7 | 52.7 | 60.8 | 181.0% |
| Qatar | 189 | N/A | 233 | 45.7 | -37.7% |
| Vietnam | 71.1 | 195 | 59.8 | 38.4 | -18.6% |
| Maldives | 84.5 | 18.0 | 43.2 | 7.3 | -55.8% |
| Hong Kong SAR | 192 | 191 | 10.3 | N/A | -76.8% |
| United Arab Emirates | 268 | 14.8 | N/A | N/A | -94.5% |
| Bahrain | 316 | N/A | N/A | N/A | 0% |
| Others | 230 | 252 | 409 | 110 | -21.8% |
| Total | 2,065 | 1,249 | 1,919 | 1,880 | -3.1% |
Top Export Markets for Radiator from Singapore in 2022:
- United Arab Emirates (undefined tons)
- United States (152.1 tons)
- Japan (96.8 tons)
- Indonesia (83.8 tons)
- Malaysia (35.6 tons)
- Australia (29.7 tons)
- South Korea (20.2 tons)
- Vietnam (14.7 tons)
- Qatar (8.9 tons)
- Maldives (1.9 tons)
This report provides an in-depth analysis of the market for non-electric central heating radiator 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
401
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1613
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
855
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
1613
In value terms, radiators for central heating imports stood at $X in 2016. Overall, radiators for central heating imports continue to indicate a slight decrease. Global radiators for central heatin...
855
In value terms, radiators for central heating exports amounted to $X in 2016. In general, radiators for central heating exports continue to indicate a measured drop. Global radiators for central he...
