Singapore: Desktop Computer Market 2023

Desktop Computer Market Size in Singapore

The Singaporean desktop computer market contracted notably to $X in 2021, waning by -20% against the previous year. Overall, consumption, however, continues to indicate a moderate expansion. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Desktop Computer Production in Singapore

In value terms, desktop computer production contracted slightly to $X in 2021 estimated in export price. Overall, production saw a pronounced reduction. The growth pace was the most rapid in 2019 with an increase of 9.3% against the previous year. Desktop computer production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Desktop Computer Exports

Exports from Singapore

After three years of decline, shipments abroad of desktop computers increased by 11% to X units in 2021. Overall, total exports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -36.5% against 2017 indices. The growth pace was the most rapid in 2013 when exports increased by 33% against the previous year. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, desktop computer exports surged to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia (X units), the Philippines (X units) and Malaysia (X units) were the main destinations of desktop computer exports from Singapore, with a combined 63% share of total exports. These countries were followed by Sri Lanka, Bangladesh, Cambodia, Australia, the United States, Vietnam, Thailand, Pakistan, India and Taiwan (Chinese), which together accounted for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +42.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for desktop computer exported from Singapore were the Philippines ($X), Indonesia ($X) and Australia ($X), with a combined 53% share of total exports. Bangladesh, the United States, Vietnam, Sri Lanka, Cambodia, Thailand, India, Pakistan, Malaysia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 36%.

Cambodia, with a CAGR of +36.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average desktop computer export price amounted to $X per unit, surging by 33% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2019 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Desktop Computer Imports

Imports into Singapore

In 2021, purchases abroad of desktop computers increased by 45% to X units, rising for the fifth year in a row after two years of decline. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 90% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, desktop computer imports surged to $X in 2021. Overall, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +115.2% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 40%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Indonesia (X units) constituted the largest desktop computer supplier to Singapore, with a 72% share of total imports. Moreover, desktop computer imports from Indonesia exceeded the figures recorded by the second-largest supplier, China (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Indonesia amounted to +120.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.2% per year) and Malaysia (+11.5% per year).

In value terms, the largest desktop computer suppliers to Singapore were China ($X), Indonesia ($X) and Malaysia ($X), together accounting for 77% of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of +105.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average desktop computer import price amounted to $X per unit, which is down by -3.6% against the previous year. In general, the import price faced a abrupt setback. The pace of growth appeared the most rapid in 2015 an increase of 10%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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