Singapore - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCanned Vegetable Price in Singapore - 2022
Contents:
- Canned Vegetable Price in Singapore (CIF) - 2022
- Canned Vegetable Price in Singapore (FOB) - 2022
- Canned Vegetable Imports in Singapore
- Canned Vegetable Exports in Singapore
Canned Vegetable Price in Singapore (CIF) - 2022
The average canned vegetable import price stood at $5,380 per ton in September 2022, rising by 34% against the previous month. Over the period under review, import price indicated pronounced growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, canned vegetable import price increased by +105.5% against May 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 35% month-to-month. The import price peaked in September 2022.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($11,032 per ton), while the price for Italy ($1,599 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 Spain (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Price in Singapore (FOB) - 2022
In September 2022, the average canned vegetable export price amounted to $8,554 per ton, shrinking by -10.5% against the previous month. Overall, export price indicated notable growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, canned vegetable export price increased by +42.8% against May 2022 indices. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 50% against the previous month. As a result, the export price reached the peak level of $9,561 per ton, and then contracted in the following month.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Indonesia ($23,359 per ton), while the average price for exports to Mongolia ($1,790 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Imports in Singapore
In 2022, the amount of canned vegetables imported into Singapore skyrocketed to 34K tons, jumping by 40% compared with the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 72%. As a result, imports reached the peak of 41K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, canned vegetable imports surged to $94M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 44%. As a result, imports reached the peak of $101M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Canned Vegetable in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 14.0 | 12.2 | 28.2 | 66.6% |
| United States | 22.1 | 25.7 | 21.2 | 17.9 | -6.8% |
| Malaysia | 13.8 | 17.6 | 16.8 | 17.4 | 8.0% |
| Thailand | 5.8 | 9.3 | 6.4 | 6.7 | 4.9% |
| Italy | 3.4 | 4.8 | 3.0 | 4.4 | 9.0% |
| South Korea | 2.3 | 4.3 | 4.4 | 3.8 | 18.2% |
| Taiwan (Chinese) | 4.1 | 5.2 | 4.0 | 2.3 | -17.5% |
| United Kingdom | 2.1 | 2.4 | 2.4 | 2.3 | 3.1% |
| Spain | 1.9 | 1.8 | 1.7 | 1.6 | -5.6% |
| Vietnam | 0.7 | 1.5 | 0.8 | 1.2 | 19.7% |
| Others | 7.6 | 14.0 | 7.6 | 8.4 | 3.4% |
| Total | 69.9 | 101 | 80.5 | 94.1 | 10.4% |
Top Suppliers of Canned Vegetable to Singapore in 2022:
- China (14.5K tons)
- Thailand (4.3K tons)
- Italy (3.5K tons)
- United States (2.9K tons)
- Malaysia (2.9K tons)
- South Korea (1.0K tons)
- United Kingdom (0.6K tons)
- Vietnam (0.6K tons)
- Spain (0.6K tons)
- Taiwan (Chinese) (0.5K tons)
Canned Vegetable Exports in Singapore
In 2022, the amount of canned vegetables exported from Singapore surged to 5.3K tons, growing by 38% on the previous year's figure. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, canned vegetable exports soared to $21M in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Canned Vegetable in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 0.9 | 0.8 | 1.6 | 5.2 | 79.4% |
| Philippines | 2.7 | 2.8 | 2.2 | 3.8 | 12.1% |
| Malaysia | 2.9 | 2.2 | 2.1 | 2.9 | 0.0% |
| Hong Kong SAR | 2.0 | 1.2 | 1.4 | 1.2 | -15.7% |
| China | 1.2 | 3.4 | 2.6 | 1.0 | -5.9% |
| Bangladesh | 1.3 | 0.6 | 0.5 | 0.8 | -14.9% |
| Maldives | 0.4 | 0.2 | 0.4 | 0.4 | 0.0% |
| Brunei Darussalam | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Mongolia | 0.7 | 0.6 | 0.5 | 0.4 | -17.0% |
| Cambodia | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
| Timor-Leste | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Sri Lanka | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Oman | 0.2 | N/A | N/A | N/A | 0% |
| Others | 3.8 | 5.7 | 5.0 | 4.0 | 1.7% |
| Total | 17.2 | 18.4 | 17.1 | 20.6 | 6.2% |
Top Export Markets for Canned Vegetable from Singapore in 2022:
- Indonesia (1789.4 tons)
- Malaysia (867.0 tons)
- Philippines (635.8 tons)
- Hong Kong SAR (302.4 tons)
- Maldives (239.8 tons)
- Brunei Darussalam (173.4 tons)
- Bangladesh (138.3 tons)
- Mongolia (136.3 tons)
- Timor-Leste (116.8 tons)
- China (109.4 tons)
- Sri Lanka (83.3 tons)
- Cambodia (62.2 tons)
This report provides an in-depth analysis of the canned vegetable 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:
- FCL 472 - Vegetables, Preserved nes (O/T vinegar)
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
481
This report provides an in-depth analysis of the canned vegetable market in Singapore.
610
This report provides an in-depth analysis of the vegetable puree market in Singapore.
521
This report provides an in-depth analysis of the preserved sweet corn market in Singapore.
432
This report provides an in-depth analysis of the preserved sauerkraut market in Singapore.
366
This report provides an in-depth analysis of the preserved peas market in Singapore.
367
This report provides an in-depth analysis of the preserved beans market in Singapore.
417
This report provides an in-depth analysis of the preserved asparagus market in Singapore.
313
This report provides an in-depth analysis of the potato starch market in Singapore.
1184
This report provides an in-depth analysis of the potato chips market in Singapore.
411
This report provides an in-depth analysis of the preserved olive market in Singapore.
1333
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1573
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1150
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1333
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1573
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1150
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
