Singapore: Signal Generator Market 2024

Signal Generator Market Size in Singapore

In 2021, after three years of growth, there was significant decline in the Singaporean signal generator market, when its value decreased by -26.5% to $X. Overall, consumption showed a abrupt contraction. Signal generator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Signal Generator Production in Singapore

In value terms, signal generator production reduced markedly to $X in 2021 estimated in export price. In general, production continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2016 with an increase of 164%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Signal Generator Exports

Exports from Singapore

In 2021, overseas shipments of signal generators increased by 194% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, signal generator exports surged to $X in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X units) was the main destination for signal generator exports from Singapore, accounting for a 62% share of total exports. Moreover, signal generator exports to Malaysia exceeded the volume sent to the second major destination, India (X units), threefold. The third position in this ranking was held by the United States (X units), with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia stood at +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+98.1% per year) and the United States (+33.3% per year).

In value terms, Malaysia ($X), the United States ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for signal generator exported from Singapore worldwide, with a combined 52% share of total exports.

Taiwan (Chinese), with a CAGR of +46.7%, saw the highest rates of growth with regard to 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

The average signal generator export price stood at $X per unit in 2021, jumping by 29% against the previous year. Overall, the export price showed tangible growth. The most prominent rate of growth was recorded in 2017 an increase of 149% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to India ($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 Malaysia (+12.7%), while the prices for the other major destinations experienced mixed trend patterns.

Signal Generator Imports

Imports into Singapore

In 2021, supplies from abroad of signal generators increased by 10% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports enjoyed a notable increase. The most prominent rate of growth was recorded in 2015 with an increase of 183% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, signal generator imports declined significantly to $X in 2021. Overall, imports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2019 with an increase of 39% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Malaysia (X units) constituted the largest signal generator supplier to Singapore, with a 61% share of total imports. Moreover, signal generator imports from Malaysia exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was taken by the United States (X units), with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia stood at +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.0% per year) and the United States (-7.5% per year).

In value terms, Malaysia ($X) constituted the largest supplier of signal generators to Singapore, comprising 65% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.3% share of total imports. It was followed by Japan, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Malaysia totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-19.8% per year) and Japan (-4.6% per year).

Import Prices by Country

In 2021, the average signal generator import price amounted to $X per unit, declining by -53.4% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The growth pace was the most rapid in 2019 an increase of 75% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 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, the country with the highest price was Japan ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :