Frozen Strawberries Price in Singapore - 2022
Contents:
- Frozen Strawberries Price in Singapore (CIF) - 2022
- Frozen Strawberries Price in Singapore (FOB) - 2022
- Frozen Strawberries Imports in Singapore
- Frozen Strawberries Exports in Singapore
Frozen Strawberries Price in Singapore (CIF) - 2022
In September 2022, the average frozen strawberries import price amounted to $5,150 per ton, rising by 10% against the previous month. In general, import price indicated a tangible increase from September 2021 to September 2022: its price increased at an average monthly rate of +2.7% 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, frozen strawberries import price increased by +65.2% against June 2022 indices. The growth pace was the most rapid in January 2022 an increase of 63% against the previous month. The import price peaked at $5,803 per ton in May 2022; however, from June 2022 to September 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($7,079 per ton), while the price for China ($1,691 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 South Korea (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Strawberries Price in Singapore (FOB) - 2022
The average frozen strawberries export price stood at $4,730 per ton in 2022, surging by 122% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 138%. The export price peaked at $6,592 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($10,000 per ton), while the average price for exports to Timor-Leste ($4,091 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 Bangladesh (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Strawberries Imports in Singapore
In 2022, overseas purchases of frozen strawberrieses decreased by -15.4% to 250 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 296 tons, and then fell notably in the following year.
In value terms, frozen strawberries imports fell to $835K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year.
| Import of Frozen Strawberries in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 40.2 | 235 | 381 | 307 | 96.9% |
| France | 125 | 110 | 115 | 170 | 10.8% |
| China | 101 | 90.2 | 168 | 156 | 15.6% |
| Belgium | 95.4 | 43.3 | 97.2 | 85.2 | -3.7% |
| Poland | 3.4 | 21.7 | 44.3 | 44.8 | 136.2% |
| Chile | 0.5 | 6.7 | 43.4 | 23.1 | 258.8% |
| United Kingdom | 90.2 | 110 | 40.3 | 10.3 | -51.5% |
| United States | 83.2 | 67.1 | 51.0 | 4.2 | -63.0% |
| Others | 33.1 | 70.3 | 38.6 | 34.9 | 1.8% |
| Total | 572 | 754 | 979 | 835 | 13.4% |
Top Suppliers of Frozen Strawberries to Singapore in 2022:
- China (96.4 tons)
- South Korea (67.2 tons)
- France (32.6 tons)
- Belgium (19.9 tons)
- Poland (19.1 tons)
- Chile (4.7 tons)
- United Kingdom (2.0 tons)
- United States (0.5 tons)
Frozen Strawberries Exports in Singapore
In 2022, shipments abroad of frozen strawberrieses decreased by -95.2% to 215 kg, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 8,318%. As a result, the exports attained the peak of 100 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, frozen strawberries exports reduced sharply to $1K in 2022. Overall, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 1,044%. As a result, the exports attained the peak of $90K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Frozen Strawberries in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Timor-Leste | N/A | 0.4 | 0.3 | 0.5 | 11.8% |
| Indonesia | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Bangladesh | N/A | N/A | N/A | 0.1 | 0% |
| Myanmar | N/A | N/A | N/A | 0.1 | 0% |
| Brunei Darussalam | 7.7 | 7.1 | 1.7 | N/A | -53.0% |
| Brazil | N/A | 82.0 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 7.6 | N/A | 771.8% |
| Total | 7.8 | 89.8 | 9.6 | 1.0 | -49.6% |
Top Export Markets for Frozen Strawberries from Singapore in 2022:
- Timor-Leste (110.0 kg)
- Indonesia (80.0 kg)
- Myanmar (14.0 kg)
- Bangladesh (10.0 kg)
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