Singapore - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Sweet Corn Price in Singapore - 2022
Contents:
- Frozen Sweet Corn Price in Singapore (CIF) - 2022
- Frozen Sweet Corn Price in Singapore (FOB) - 2022
- Frozen Sweet Corn Imports in Singapore
- Frozen Sweet Corn Exports in Singapore
Frozen Sweet Corn Price in Singapore (CIF) - 2022
The average frozen sweet corn import price stood at $2,483 per ton in September 2022, surging by 12% against the previous month. Over the period under review, import price indicated resilient growth from September 2021 to September 2022: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, frozen sweet corn import price decreased by -3.8% against May 2022 indices. The most prominent rate of growth was recorded in May 2022 an increase of 40% month-to-month. As a result, import price attained the peak level of $2,581 per ton. From June 2022 to September 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was New Zealand ($4,307 per ton), while the price for China ($1,671 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 the United States (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Sweet Corn Price in Singapore (FOB) - 2022
In 2022, the average frozen sweet corn export price amounted to $1,354 per ton, reducing by -9.4% against the previous year. Overall, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2015 an increase of 24%. The export price peaked at $1,862 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($5,050 per ton), while the average price for exports to Indonesia ($1,017 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 Malaysia (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Sweet Corn Imports in Singapore
In 2022, purchases abroad of frozen sweet corn decreased by -39.1% to 1.7K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 71%. As a result, imports attained the peak of 3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, frozen sweet corn imports fell markedly to $2.6M in 2022. In general, imports recorded a mild reduction. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year.
| Import of Frozen Sweet Corn in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 480 | 1,339 | 1,866 | 1,083 | 31.2% |
| Malaysia | 576 | 396 | 425 | 414 | -10.4% |
| New Zealand | 291 | 281 | 510 | 403 | 11.5% |
| United States | 1,061 | 817 | 608 | 263 | -37.2% |
| Thailand | N/A | 35.8 | 168 | 200 | 136.4% |
| Hungary | 129 | 135 | 126 | 186 | 13.0% |
| India | 3.8 | 499 | 4.2 | 1.9 | -20.6% |
| Others | 189 | 246 | 104 | 96.7 | -20.0% |
| Total | 2,730 | 3,749 | 3,811 | 2,647 | -1.0% |
Top Suppliers of Frozen Sweet Corn to Singapore in 2022:
- China (938.5 tons)
- Malaysia (233.9 tons)
- Thailand (160.5 tons)
- New Zealand (129.1 tons)
- United States (118.7 tons)
- Hungary (116.3 tons)
- India (0.9 tons)
Frozen Sweet Corn Exports in Singapore
In 2022, after three years of growth, there was significant decline in overseas shipments of frozen sweet corn, when their volume decreased by -24.5% to 217 tons. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year. As a result, the exports attained the peak of 287 tons, and then contracted dramatically in the following year.
In value terms, frozen sweet corn exports contracted markedly to $294K in 2022. In general, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 68% against the previous year. As a result, the exports reached the peak of $430K, and then shrank sharply in the following year.
| Export of Frozen Sweet Corn in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 86.4 | 131 | 241 | 145 | 18.8% |
| Indonesia | 0.6 | 31.9 | 168 | 130 | 500.6% |
| Brunei Darussalam | 4.0 | 13.5 | 7.1 | 8.8 | 30.1% |
| Kenya | N/A | 17.9 | N/A | N/A | 0% |
| China | N/A | 22.1 | N/A | N/A | 0% |
| Oman | 126 | 26.8 | N/A | N/A | -78.7% |
| Others | 4.4 | 13.0 | 12.8 | 10.6 | 34.1% |
| Total | 221 | 256 | 430 | 294 | 10.0% |
Top Export Markets for Frozen Sweet Corn from Singapore in 2022:
- Indonesia (127.4 tons)
- Israel (81.0 tons)
- Brunei Darussalam (3.5 tons)
This report provides an in-depth analysis of the frozen sweet corn 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 447 - Sweet Corn, Frozen
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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