Cereals; Oats, Seeds Price in Singapore - 2022
Contents:
- Cereals; Oats, Seeds Price in Singapore (FOB) - 2022
- Cereals; Oats, Seeds Price in Singapore (CIF) - 2022
- Cereals; Oats, Seeds Exports in Singapore
- Cereals; Oats, Seeds Imports in Singapore
Cereals; Oats, Seeds Price in Singapore (FOB) - 2022
In 2021, the average cereals; oats, seeds export price amounted to $579 per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2013 when the average export price decreased by -48.5%. The export price peaked at $3,410 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to -13.1% per year.
Cereals; Oats, Seeds Price in Singapore (CIF) - 2022
In 2022, the average cereals; oats, seeds import price amounted to $2,536 per ton, jumping by 23% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum at $5,823 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($4,575 per ton), while the price for Malaysia ($713 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+198.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Cereals; Oats, Seeds Exports in Singapore
In 2021, cereals; oats, seeds exports from Singapore amounted to 9.8 tons, stabilizing at the year before. In general, exports showed a drastic downturn. The smallest decline of 99.9% was in 2020.
In value terms, cereals; oats, seeds exports amounted to $5.7K in 2021. Overall, exports saw a sharp shrinkage. The smallest decline of 99.9% was in 2020.
| Export of Cereals; Oats, Seeds in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | N/A | N/A | 5.7 | 0% | |
| Malaysia | 9.7 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 9.7 | N/A | 5.7 | -23.3% | |
Top Export Markets for Cereals; Oats, Seeds from Singapore in 2022:
- Germany (9.8 tons)
Cereals; Oats, Seeds Imports in Singapore
In 2022, supplies from abroad of cereals; oats, seedses decreased by -6.4% to 29 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 380%. As a result, imports reached the peak of 40 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; oats, seeds imports skyrocketed to $73K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 -11.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69%. As a result, imports attained the peak of $82K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cereals; Oats, Seeds in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.5 | 45.7 | 45.9 | 59.1 | 240.3% |
| Malaysia | 0.7 | 9.3 | 7.4 | 9.5 | 138.5% |
| United States | 0.6 | 9.6 | 4.4 | 4.2 | 91.3% |
| Spain | N/A | 3.3 | N/A | N/A | 0% |
| New Zealand | 5.2 | N/A | N/A | N/A | 0% |
| India | N/A | N/A | 5.5 | N/A | 0% |
| Indonesia | N/A | 1.6 | N/A | N/A | 0% |
| Uruguay | 40.0 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 0.8 | 12.9 | N/A | N/A | 1512.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 48.8 | 82.3 | 63.1 | 72.7 | 14.2% |
Top Suppliers of Cereals; Oats, Seeds to Singapore in 2022:
- Malaysia (13.3 tons)
- United Kingdom (12.9 tons)
- United States (2.5 tons)
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