Singapore: Insulated Coaxial Cables Market 2021

Insulated Coaxial Cables Market Size in Singapore

The Singaporean insulated coaxial cables market reached $X in 2020, surging 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, consumption, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Insulated coaxial cables consumption peaked at $X in 2010; however, from 2011 to 2020, consumption failed to regain the momentum.

Insulated Coaxial Cables Exports

Exports from Singapore

In 2020, approx. X tons of insulated coaxial cables were exported from Singapore; declining by -X% against the year before. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Exports peaked at X tons in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, insulated coaxial cables exports contracted to $X in 2020. Over the period under review, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons) was the main destination for insulated coaxial cables exports from Singapore, accounting for a X% share of total exports. Moreover, insulated coaxial cables exports to the U.S. exceeded the volume sent to the second major destination, Indonesia (X tons), fourfold. The third position in this ranking was occupied by Malaysia (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-X% per year) and Malaysia (-X% per year).

In value terms, the U.S. ($X), Malaysia ($X) and Indonesia ($X) appeared to be the largest markets for insulated coaxial cables exported from Singapore worldwide, with a combined X% share of total exports. Thailand, Australia, Maldives and Benin lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average insulated coaxial cables export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2017 to 2020, the growth in terms of the average export prices remained 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 Malaysia ($X per ton), while the average price for exports to Benin ($X per ton) was amongst the lowest.

From 2007 to 2020, 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.

Insulated Coaxial Cables Imports

Imports into Singapore

In 2020, the amount of insulated coaxial cables imported into Singapore dropped modestly to X tons, waning by -X% against the year before. In general, imports showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tons in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, insulated coaxial cables imports reduced slightly to $X in 2020. Over the period under review, imports recorded a pronounced contraction. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of insulated coaxial cables to Singapore, with a X% share of total imports. Moreover, insulated coaxial cables imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. The third position in this ranking was occupied by South Korea (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-X% per year) and South Korea (-X% per year).

In value terms, the largest insulated coaxial cables suppliers to Singapore were Malaysia ($X), China ($X) and Taiwan (Chinese) ($X), with a combined X% share of total imports.

Taiwan (Chinese) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average insulated coaxial cables import price amounted to $X per ton, remaining stable against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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