Singapore: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2025

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Singapore

In 2022, the Singaporean vapour generating boiler parts market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, faced a abrupt contraction. Vapour generating boiler parts consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Singapore

In 2022, shipments abroad of parts of vapour generating boilers and super-heater water boilers increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a noticeable slump. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, vapour generating boiler parts exports rose markedly to $X in 2022. Overall, exports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons) was the main destination for vapour generating boiler parts exports from Singapore, accounting for a X% share of total exports. Moreover, vapour generating boiler parts exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tons), fourfold. The third position in this ranking was taken by Australia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Indonesia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Australia (X% per year).

In value terms, Indonesia ($X) remains the key foreign market for parts of vapour generating boilers and super-heater water boilers exports from Singapore, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Australia, 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 Australia (X% per year).

Export Prices by Country

The average vapour generating boiler parts export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Singapore

In 2022, overseas purchases of parts of vapour generating boilers and super-heater water boilers increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, vapour generating boiler parts imports soared to $X in 2022. In general, imports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Vietnam (X tons) and Finland (X tons) were the main suppliers of vapour generating boiler parts imports to Singapore, with a combined X% share of total imports.

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

In value terms, China ($X), Vietnam ($X) and Finland ($X) appeared to be the largest vapour generating boiler parts suppliers to Singapore, together comprising X% of total imports.

Among the main suppliers, Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average vapour generating boiler parts import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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