Singapore - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBreakfast Cereal Price in Singapore - 2022
Contents:
- Breakfast Cereal Price in Singapore (CIF) - 2022
- Breakfast Cereal Price in Singapore (FOB) - 2022
- Breakfast Cereal Imports in Singapore
- Breakfast Cereal Exports in Singapore
Breakfast Cereal Price in Singapore (CIF) - 2022
The average breakfast cereal import price stood at $6,542 per ton in September 2022, waning by -3.4% against the previous month. Overall, import price indicated a noticeable expansion from September 2021 to September 2022: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, breakfast cereal import price increased by +14.2% against March 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 36% month-to-month. The import price peaked at $6,769 per ton in August 2022, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Australia ($12,735 per ton), while the price for Bangladesh ($1,313 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Breakfast Cereal Price in Singapore (FOB) - 2022
In 2022, the average breakfast cereal export price amounted to $3,977 per ton, with an increase of 11% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 55%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($5,087 per ton), while the average price for exports to India ($2,676 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 Myanmar (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Breakfast Cereal Imports in Singapore
In 2022, after three years of growth, there was significant decline in overseas purchases of breakfast cereals, when their volume decreased by -51.7% to 5K tons. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 6% against the previous year.
In value terms, breakfast cereal imports contracted sharply to $23M in 2022. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 9.5%. As a result, imports reached the peak of $44M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Breakfast Cereal in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 10.2 | 9.3 | 9.7 | 5.6 | -18.1% |
| United States | 7.3 | 7.7 | 7.4 | 3.0 | -25.7% |
| Thailand | 4.7 | 5.6 | 5.2 | 2.7 | -16.9% |
| Australia | 3.3 | 3.4 | 3.5 | 2.6 | -7.6% |
| China | 0.9 | 1.3 | 1.5 | 1.6 | 21.1% |
| United Kingdom | 2.4 | 2.7 | 2.5 | 1.1 | -22.9% |
| Taiwan (Chinese) | 2.1 | 1.2 | 2.0 | 1.0 | -21.9% |
| Japan | 2.1 | 3.7 | 2.8 | 1.0 | -21.9% |
| South Korea | 1.1 | 1.5 | 1.9 | 0.9 | -6.5% |
| India | 0.7 | 1.4 | 1.2 | 0.6 | -5.0% |
| Canada | 0.8 | 0.5 | 0.3 | 0.2 | -37.0% |
| Bangladesh | 0.3 | 0.3 | 0.3 | 0.1 | -30.7% |
| Others | 4.3 | 5.5 | 5.8 | 3.0 | -11.3% |
| Total | 40.2 | 44.1 | 44.0 | 23.4 | -16.5% |
Top Suppliers of Breakfast Cereal to Singapore in 2022:
- Malaysia (1797.1 tons)
- United States (489.9 tons)
- China (359.0 tons)
- Thailand (337.5 tons)
- Australia (264.2 tons)
- India (242.3 tons)
- United Kingdom (220.6 tons)
- Bangladesh (202.9 tons)
- Taiwan (Chinese) (153.0 tons)
- Japan (134.8 tons)
- South Korea (128.3 tons)
- Canada (82.6 tons)
Breakfast Cereal Exports in Singapore
Breakfast cereal exports from Singapore declined sharply to 421 tons in 2022, waning by -63.1% on the previous year's figure. Over the period under review, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 3.9%.
In value terms, breakfast cereal exports reduced rapidly to $1.7M in 2022. In general, exports showed a precipitous curtailment. The smallest decline of -2.9% was in 2021.
| Export of Breakfast Cereal in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 1,181 | 930 | 942 | 341 | -33.9% |
| Malaysia | 892 | 658 | 808 | 299 | -30.5% |
| Indonesia | 763 | 712 | 587 | 225 | -33.4% |
| Australia | 375 | 547 | 202 | 153 | -25.8% |
| Hong Kong SAR | 224 | 149 | 205 | 88.3 | -26.7% |
| Cambodia | 178 | 150 | 205 | 76.4 | -24.6% |
| Thailand | 135 | 127 | 104 | 59.6 | -23.9% |
| India | 79.1 | 64.7 | 68.5 | 25.9 | -31.1% |
| Canada | 62.5 | 25.6 | 28.2 | 24.8 | -26.5% |
| Others | 1,165 | 853 | 945 | 380 | -31.2% |
| Total | 5,054 | 4,216 | 4,094 | 1,673 | -30.8% |
Top Export Markets for Breakfast Cereal from Singapore in 2022:
- Malaysia (109.6 tons)
- Myanmar (71.5 tons)
- Indonesia (51.6 tons)
- Australia (40.6 tons)
- Cambodia (21.4 tons)
- Hong Kong SAR (17.4 tons)
- Thailand (14.4 tons)
- India (9.7 tons)
- Canada (6.6 tons)
This report provides an in-depth analysis of the breakfast cereal market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
- Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
- Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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