Singapore: Domestic Toaster Market Overview 2021

Domestic Toaster Market Size in Singapore

The Singaporean domestic toaster market fell rapidly to $X in 2019, waning by -X% against the previous year. Over the period under review, consumption enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Domestic Toaster Production in Singapore

In value terms, domestic toaster production reduced dramatically to $X in 2019 estimated in export prices. Overall, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.

Domestic Toaster Exports

Exports from Singapore

In 2019, approx. X units of domestic electric toasters were exported from Singapore; remaining relatively unchanged against 2018 figures. Overall, exports posted a noticeable expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of X units. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, domestic toaster exports reduced dramatically to $X in 2019. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X units), Pakistan (X units) and Brunei Darussalam (X units) were the main destinations of domestic toaster exports from Singapore, with a combined X% share of total exports. These countries were followed by South Korea, Mongolia, Maldives, Cambodia, Bangladesh, Indonesia, Seychelles, Fiji, Hong Kong SAR and Nepal, which together accounted for a further X 2007 to 2019, the biggest increases were in Mongolia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Brunei Darussalam ($X) and Pakistan ($X) appeared to be the largest markets for domestic toaster exported from Singapore worldwide, together accounting for X% of total exports. Mongolia, Maldives, Indonesia, Hong Kong SAR, South Korea, Cambodia, Bangladesh, Seychelles, Fiji and Nepal lagged somewhat behind, together comprising a further X the main countries of destination, Mongolia recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average domestic toaster export price amounted to $X per unit, with a decrease of -X% against the previous year. In general, the export price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The export price peaked at $X per unit in 2015; however, from 2016 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Indonesia ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Domestic Toaster Imports

Imports into Singapore

After two years of growth, overseas purchases of domestic electric toasters decreased by -X% to X units in 2019. Overall, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Imports peaked at X units in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, domestic toaster imports fell markedly to $X in 2019. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Hong Kong SAR (X units), Germany (X units) and Malaysia (X units) were the main suppliers of domestic toaster imports to Singapore, together comprising X% of total imports. These countries were followed by Italy, South Korea and Japan, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Hong Kong SAR ($X) and Italy ($X) were the largest domestic toaster suppliers to Singapore, together comprising X% of total imports. These countries were followed by Germany, South Korea and Japan, which together accounted for a further X terms of the main suppliers, South Korea (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average domestic toaster import price stood at $X per unit in 2019, surging by X% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2019 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Malaysia ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic electric toasters in the world?

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The country with the largest volume of domestic toaster consumption was China (26M units), comprising approx. 25% of total volume. Moreover, domestic toaster consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (13M units), twofold. Japan (6.2M units) ranked third in terms of total consumption with a 6% share.

What are the largest producers of domestic electric toasters in the world?

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China (112M units) remains the largest domestic toaster producing country worldwide, comprising approx. 81% of total volume. Moreover, domestic toaster production in China exceeded the figures recorded by the second-largest producer, Russia (4.6M units), more than tenfold. Ethiopia (3.2M units) ranked third in terms of total production with a 2.3% share.

What are the leading suppliers of domestic electric toasters to Singapore?

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In value terms, Malaysia ($727K), Hong Kong SAR ($540K) and Italy ($312K) appeared to be the largest domestic toaster suppliers to Singapore, together comprising 84% of total imports. Germany, South Korea and Japan lagged somewhat behind, together comprising a further 14%.

What are the leading importers of domestic electric toasters from Singapore?

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In value terms, Malaysia ($118K), Brunei Darussalam ($99K) and Pakistan ($61K) appeared to be the largest markets for domestic toaster exported from Singapore worldwide, with a combined 41% share of total exports. Mongolia, Maldives, Indonesia, Hong Kong SAR, South Korea, Cambodia, Bangladesh, Seychelles, Fiji and Nepal lagged somewhat behind, together accounting for a further 46%.

What is the average export price for domestic electric toasters in Singapore?

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In 2019, the average domestic toaster export price amounted to $8.1 per unit, waning by -44.6% against the previous year.

What is the average import price for domestic electric toasters in Singapore?

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The average domestic toaster import price stood at $18 per unit in 2019, rising by 19% against the previous year.