Singapore: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in Singapore

The Singaporean transmission apparatus market surged to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, saw a pronounced decline. Transmission apparatus consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Transmission Apparatus Production in Singapore

In value terms, transmission apparatus production amounted to less than $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Transmission Apparatus Exports

Exports from Singapore

In 2022, approx. X units of transmission apparatus incorporating reception apparatus were exported from Singapore; waning by X% compared with 2021 figures. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, transmission apparatus exports dropped to $X in 2022. Over the period under review, exports, however, recorded mild growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X units), Indonesia (X units) and the United Arab Emirates (X units) were the main destinations of transmission apparatus exports from Singapore, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for transmission apparatus exported from Singapore were Indonesia ($X), Malaysia ($X) and the Philippines ($X), together accounting for X% of total exports. The United Arab Emirates, Thailand, the United States, Hong Kong SAR, Vietnam and India lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw 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 2022, the average transmission apparatus export price amounted to $X per unit, stabilizing at the previous year. In general, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Malaysia ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Singapore

In 2022, supplies from abroad of transmission apparatus incorporating reception apparatus decreased by X% to X units, falling for the third consecutive year after two years of growth. In general, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, transmission apparatus imports declined to $X in 2022. Over the period under review, imports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest transmission apparatus supplier to Singapore, accounting for a X% share of total imports. Moreover, transmission apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. The third position in this ranking was held by Hong Kong SAR (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X) constituted the largest supplier of transmission apparatus incorporating reception apparatus to Singapore, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The average transmission apparatus import price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price recorded a resilient expansion. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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