Singapore: Intake Air Filter Market 2024

Intake Air Filter Market Size in Singapore

For the third year in a row, the Singaporean intake air filter market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption continues to indicate a pronounced setback. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Intake Air Filter Production in Singapore

In value terms, intake air filter production expanded notably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Intake Air Filter Exports

Exports from Singapore

Intake air filter exports from Singapore skyrocketed to X units in 2022, increasing by X% on the previous year. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, intake air filter exports soared to $X in 2022. Over the period under review, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X units) was the main destination for intake air filter exports from Singapore, accounting for a X% share of total exports. It was followed by Thailand (X units), with a X% share of total exports. The third position in this ranking was taken by Indonesia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

In value terms, Indonesia ($X) remains the key foreign market for intake air filters for internal combustion engines exports from Singapore, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with an X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the average intake air filter export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Saudi Arabia ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Intake Air Filter Imports

Imports into Singapore

In 2022, supplies from abroad of intake air filters for internal combustion engines increased by X% to X units, rising for the second consecutive year after two years of decline. In general, total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, intake air filter imports surged to $X in 2022. Overall, imports posted a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), the United States (X units) and Mexico (X units) were the main suppliers of intake air filter imports to Singapore, with a combined X% share of total imports. India, Indonesia, Germany, Malaysia and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of intake air filters for internal combustion engines to Singapore, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, 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: the United States (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average intake air filter import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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