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Singapore - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Overview of the Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2021

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Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Singapore

The Singaporean electric oven and cooker market surged to $X in 2020, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Singapore

In 2020, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by X% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports saw a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2020 and are likely to see steady growth in the near future.

In value terms, electric oven and cooker exports expanded sharply to $X in 2020. In general, exports recorded a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Viet Nam (X units) was the main destination for electric oven and cooker exports from Singapore, accounting for a X% share of total exports. Moreover, electric oven and cooker exports to Viet Nam exceeded the volume sent to the second major destination, Malaysia (X units), twofold. Indonesia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Viet Nam totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Indonesia (+X% per year).

In value terms, Viet Nam ($X) remains the key foreign market for electric oven and cooker exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Viet Nam amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

In 2020, the average electric oven and cooker export price amounted to $X per unit, flattening at the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was China ($X per unit), while the average price for exports to Myanmar ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Singapore

For the third year in a row, Singapore recorded growth in supplies from abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, which increased by X% to X units in 2020. Over the period under review, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, electric oven and cooker imports soared to $X in 2020. In general, total imports indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, China (X units) constituted the largest electric oven and cooker supplier to Singapore, accounting for a X% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. The third position in this ranking was occupied by Taiwan (Chinese) (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, China ($X) constituted the largest supplier of electric oven and cooker to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2020, declining by -X% against the previous year. In general, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2012 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Malaysia ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in the world?
+
The country with the largest volume of electric oven and cooker consumption was China (247M units), accounting for 50% of total volume. Moreover, electric oven and cooker consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (57M units), fourfold. India (29M units) ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in the world?
+
China (329M units) constituted the country with the largest volume of electric oven and cooker production, comprising approx. 68% of total volume. Moreover, electric oven and cooker production in China exceeded the figures recorded by the second-largest producer, India (28M units), more than tenfold. The U.S. (17M units) ranked third in terms of total production with a 3.6% share.
What are the leading suppliers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Singapore?
+
In value terms, China ($40M) constituted the largest supplier of electric oven and cooker to Singapore, comprising 56% of total imports. The second position in the ranking was occupied by Malaysia ($5.8M), with a 8% share of total imports. It was followed by Taiwan (Chinese), with a 3.8% share.
What are the leading importers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters from Singapore?
+
In value terms, Viet Nam ($17M) remains the key foreign market for electric oven and cooker exports from Singapore, comprising 36% of total exports. The second position in the ranking was occupied by Malaysia ($5.8M), with a 12% share of total exports. It was followed by Indonesia, with a 5.8% share.
What is the average export price for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Singapore?
+
The average electric oven and cooker export price stood at $77 per unit in 2020, remaining constant against the previous year.
What is the average import price for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Singapore?
+
The average electric oven and cooker import price stood at $30 per unit in 2020, waning by -10% against the previous year.

Product coverage:
• Prodcom 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
• Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
• Prodcom 27512850 - Domestic electric grills and roasters
• Prodcom 27512870 - Domestic electric ovens for building-in
• Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)

This report provides an in-depth analysis of the market for electric oven and cooker 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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