Domestic Toaster Market Overview in Singapore
In value terms, domestic toaster production soared to $ in 2018 estimated in export prices. Overall, production, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2009 with an increase of % y-o-y. As a result, production reached the peak level of $. From 2010 to 2018, production growth failed to regain the momentum.
The value of the domestic toaster market in Singapore expanded notably to $ in 2018, growing by % 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). Over the period under review, consumption continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. Over the period under review, the market reached the peak level in 2018 and is expected to retain growth in the immediate term.