Electrical Insulating Fittings Market Overview in Singapore
In value terms, electrical insulating fittings production reduced dramatically to $ in estimated in export prices. Over the period under review, production recorded a pronounced setback. The pace of growth was the most pronounced in 2014 when the production volume increased by % year-to-year. Electrical insulating fittings production peaked at $ in 2019, and then fell notably in the following year.
The value of the electrical insulating fittings market in Singapore reduced to $ in , with a decrease of -% 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 saw a pronounced curtailment. The growth pace was the most rapid in 2010 with an increase of % year-to-year. Electrical insulating fittings consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.