Key Market Indicators
Singaporean exports of home appliances are expected to reach roughly $103 million by 2026, a year-on-year growth of 0.5% since 2021. The country was ranked 25th in 2021, while Japan was on top with $101 million. Germany, Malaysia and the United States followed them in the ranking. On the other hand, Singaporean imports of home appliances are expected to exceed $158 million by 2026, a year-on-year growth of 1.6% since 2021. The country was ranked 28th in 2021, with Norway leading the pack with $145 million. Germany, Japan and France followed them in the ranking. Since 1994, Singaporean demand has increased by 5% year-on-year.
