Report Update Apr 1, 2024

Singapore - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Wind Powered Generator Market 2024

Wind Powered Generator Market Size in Singapore

In 2021, after two years of decline, there was significant growth in the Singaporean wind powered generator market, when its value increased by 146% to $X. Over the period under review, consumption enjoyed a significant increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Wind Powered Generator Production in Singapore

In value terms, wind powered generator production stood at $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with a decrease of 99.9%. Wind powered generator production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

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Wind Powered Generator Exports

Exports from Singapore

In 2021, the amount of wind powered generating sets exported from Singapore surged to X units, jumping by 5,500% compared with the previous year's figure. In general, exports, however, showed a perceptible decrease. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, wind powered generator exports soared to $X in 2021. Over the period under review, exports, however, saw a abrupt decline. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), Indonesia (X units) and Malaysia (X units) were the main destinations of wind powered generator exports from Singapore, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +16.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X) remains the key foreign market for wind powered generating sets exports from Singapore, comprising 67% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Indonesia stood at +82.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+144.0% per year) and France (0.0% per year).

Export Prices by Country

In 2021, the average wind powered generator export price amounted to $X per unit, shrinking by -19.6% against the previous year. In general, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 148% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to France ($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 Japan (+327.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wind Powered Generator Imports

Imports into Singapore

In 2021, approx. X units of wind powered generating sets were imported into Singapore; which is down by -94.4% on the previous year's figure. Over the period under review, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 642%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, wind powered generator imports reduced notably to $X in 2021. In general, imports recorded a precipitous slump. The pace of growth appeared the most rapid in 2020 when imports increased by 1,346% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main wind powered generator supplier to Singapore, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +10.7%.

In value terms, the largest wind powered generator suppliers to Singapore were China ($X) and Japan ($X).

Japan, with a CAGR of +11.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average wind powered generator import price stood at $X per unit in 2021, rising by 9.7% against the previous year. Over the period under review, the import price, however, recorded a sharp decrease. The most prominent rate of growth was recorded in 2019 an increase of 705% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Japan ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+53.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wind powered generating sets in the world?

Mexico remains the largest wind powered generator consuming country worldwide, accounting for 19% of total volume. Moreover, wind powered generator consumption in Mexico exceeded the figures recorded by the second-largest consumer, Croatia, twofold. Hong Kong SAR ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of wind powered generating sets in the world?

The country with the largest volume of wind powered generator production was Hong Kong SAR, accounting for 30% of total volume. Moreover, wind powered generator production in Hong Kong SAR exceeded the figures recorded by the second-largest producer, Cyprus, twofold. France ranked third in terms of total production with an 8% share.

What are the leading suppliers of wind powered generating sets to Singapore?

In value terms, the largest wind powered generator suppliers to Singapore were China and Japan.

What are the leading importers of wind powered generating sets from Singapore?

In value terms, Indonesia remains the key foreign market for wind powered generating sets exports from Singapore, comprising 67% of total exports. The second position in the ranking was held by Malaysia, with a 16% share of total exports.

What is the average export price for wind powered generating sets in Singapore?

The average wind powered generator export price stood at $6,381 per unit in 2021, declining by -19.6% against the previous year.

What is the average import price for wind powered generating sets in Singapore?

In 2021, the average wind powered generator import price amounted to $23,587 per unit, rising by 9.7% against the previous year.

This report provides an in-depth analysis of the wind powered generator market 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 2030.

Product coverage:

Prodcom 28112400 - Generating sets, wind-powered

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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023