Singapore - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarter Battery Price in Singapore - 2022
Contents:
- Starter Battery Price in Singapore (CIF) - 2022
- Starter Battery Price in Singapore (FOB) - 2022
- Starter Battery Imports in Singapore
- Starter Battery Exports in Singapore
Starter Battery Price in Singapore (CIF) - 2022
In 2022, the average starter battery import price amounted to $34 per unit, dropping by -20.6% against the previous year. Over the period under review, the import price continues to indicate a mild reduction. The pace of growth was the most pronounced in 2015 an increase of 53%. Over the period under review, average import prices hit record highs at $60 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($125 per unit), while the price for Vietnam ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Battery Price in Singapore (FOB) - 2022
In 2022, the average starter battery export price amounted to $22 per unit, with a decrease of -10% against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 101%. Over the period under review, the average export prices reached the maximum at $32 per unit in 2020; however, from 2021 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 Thailand ($112 per unit), while the average price for exports to Malaysia ($8 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 Malaysia (+5.4%), while the prices for the other major destinations experienced a decline.
Starter Battery Imports in Singapore
Starter battery imports into Singapore declined modestly to 1.4M units in 2022, waning by -4.5% on the previous year. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. As a result, imports attained the peak of 1.5M units, and then reduced in the following year.
In value terms, starter battery imports shrank sharply to $47M in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports reached the peak of $62M, and then shrank markedly in the following year.
| Import of Starter Battery in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.6 | 5.4 | 10.4 | 13.4 | 15.9% |
| South Korea | 5.3 | 4.6 | 6.7 | 9.0 | 19.3% |
| India | 8.7 | 8.9 | 8.7 | 8.9 | 0.8% |
| Germany | 3.0 | 5.5 | 23.2 | 4.5 | 14.5% |
| Indonesia | 2.3 | 3.0 | 2.3 | 3.3 | 12.8% |
| United States | 11.6 | 5.0 | 3.1 | 1.8 | -46.3% |
| Bangladesh | 2.6 | 0.2 | 1.2 | 1.0 | -27.3% |
| Malaysia | 1.4 | 1.1 | 0.9 | 0.5 | -29.1% |
| Vietnam | 1.8 | 0.2 | 0.3 | 0.3 | -45.0% |
| Others | 12.2 | 10.8 | 5.1 | 4.1 | -30.5% |
| Total | 57.4 | 44.7 | 61.8 | 46.8 | -6.6% |
Top Suppliers of Starter Battery to Singapore in 2022:
- China (408.3K units)
- India (393.7K units)
- South Korea (320.9K units)
- Indonesia (99.7K units)
- Germany (36.4K units)
- Vietnam (24.9K units)
- Bangladesh (18.6K units)
- United States (18.1K units)
- Malaysia (10.3K units)
Starter Battery Exports in Singapore
For the fourth consecutive year, Singapore recorded growth in shipments abroad of lead-acid accumulators for starting piston engines, which increased by 10% to 1.2M units in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, starter battery exports contracted modestly to $26M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 33%. The exports peaked at $26M in 2021, and then dropped in the following year.
| Export of Starter Battery in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.2 | 2.7 | 3.4 | 4.7 | 13.7% |
| Indonesia | 3.0 | 6.9 | 5.1 | 4.5 | 14.5% |
| Australia | 0.5 | 1.5 | 5.2 | 4.3 | 104.9% |
| Japan | 1.2 | 1.8 | 2.4 | 2.4 | 26.0% |
| Thailand | 0.6 | 2.0 | 0.9 | 2.3 | 56.5% |
| Taiwan (Chinese) | 0.9 | 0.9 | 3.1 | 2.0 | 30.5% |
| Hong Kong SAR | 0.8 | 0.7 | 1.7 | 1.4 | 20.5% |
| India | 1.0 | 0.6 | 1.0 | 0.8 | -7.2% |
| Others | 4.1 | 2.9 | 3.4 | 3.6 | -4.2% |
| Total | 15.2 | 20.1 | 26.2 | 26.0 | 19.6% |
Top Export Markets for Starter Battery from Singapore in 2022:
- Malaysia (587.5K units)
- Indonesia (181.9K units)
- Australia (121.5K units)
- Taiwan (Chinese) (63.2K units)
- Japan (49.8K units)
- Hong Kong SAR (36.5K units)
- Thailand (20.6K units)
- India (17.6K units)
This report provides an in-depth analysis of the starter battery market 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202110 -
- Prodcom 27202120 -
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
-
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
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