Cereals; Rye, Seed Price in Singapore - 2022

Contents:

  1. Cereals; Rye, Seed Price in Singapore (CIF) - 2022
  2. Cereals; Rye, Seed Price in Singapore (FOB) - 2022
  3. Cereals; Rye, Seed Imports in Singapore
  4. Cereals; Rye, Seed Exports in Singapore

Cereals; Rye, Seed Price in Singapore (CIF) - 2022

The average cereals; rye, seed import price stood at $8,721 per ton in 2022, surging by 51% against the previous year. In general, the import price saw prominent growth. The pace of growth was the most pronounced in 2021 an increase of 219% against the previous year. Over the period under review, average import prices reached the peak figure at $15,937 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +11.9% per year.

Cereals; Rye, Seed Price in Singapore (FOB) - 2022

In 2022, the average cereals; rye, seed export price amounted to $978 per ton, declining by -31.3% against the previous year. Over the period under review, the export price, however, continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2020 an increase of 9.3%. Over the period under review, the average export prices reached the maximum at $4,396 per ton in 2018; however, from 2019 to 2022, 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 Indonesia.

From 2013 to 2022, the rate of growth in terms of prices for Indonesia amounted to -23.7% per year.

Cereals; Rye, Seed Imports in Singapore

In 2022, the amount of cereals; rye, seeds imported into Singapore reduced sharply to 154 kg, dropping by -64.9% compared with the year before. Overall, imports showed a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 416% against the previous year.

In value terms, cereals; rye, seed imports declined rapidly to $1.3K in 2022. In general, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 1,556%.

Import of Cereals; Rye, Seed in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand16.50.11.91.3-57.1%
China0.7N/AN/AN/A0%
MalaysiaN/AN/A0.6N/A0%
Netherlands1.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total18.50.22.51.3-58.7%

Top Suppliers of Cereals; Rye, Seed to Singapore in 2022:

  1. Thailand (154.0 kg)

Cereals; Rye, Seed Exports in Singapore

In 2022, the amount of cereals; rye, seeds exported from Singapore skyrocketed to 1.5 tons, surging by 10,180% on the previous year's figure. In general, exports showed a prominent increase.

In value terms, cereals; rye, seed exports skyrocketed to $1.5K in 2022. Overall, exports, however, showed a pronounced contraction.

Export of Cereals; Rye, Seed in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1.43.0N/A1.52.3%
Bangladesh0.1N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total1.63.0N/A1.5-2.1%

Top Export Markets for Cereals; Rye, Seed from Singapore in 2022:

  1. Indonesia (1.5 tons)

Source: IndexBox Market Intelligence Platform

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