Singapore - Frozen Vegetable - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFrozen Vegetable Price in Singapore - 2022
Contents:
- Frozen Vegetable Price in Singapore (CIF) - 2022
- Frozen Vegetable Price in Singapore (FOB) - 2022
- Frozen Vegetable Imports in Singapore
- Frozen Vegetable Exports in Singapore
Frozen Vegetable Price in Singapore (CIF) - 2022
The average frozen vegetable import price stood at $1,643 per ton in 2022, rising by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($2,067 per ton), while the price for China ($1,204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Vegetable Price in Singapore (FOB) - 2022
The average frozen vegetable export price stood at $1,675 per ton in 2022, shrinking by -4.9% against the previous year. Overall, the export price showed a slight downturn. The pace of growth was the most pronounced in 2014 an increase of 15%. Over the period under review, the average export prices attained the maximum at $2,175 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($5,046 per ton), while the average price for exports to Indonesia ($1,211 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 Sri Lanka (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Vegetable Imports in Singapore
In 2022, supplies from abroad of frozen vegetables decreased by -16.6% to 53K tons, falling for the second year in a row after two years of growth. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. As a result, imports attained the peak of 67K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, frozen vegetable imports dropped slightly to $87M in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 42%. As a result, imports attained the peak of $91M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Frozen Vegetable in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.3 | 37.1 | 36.8 | 45.0 | 2.9% |
| China | 5.5 | 27.0 | 31.4 | 13.3 | 34.2% |
| Belgium | 4.2 | 4.9 | 5.2 | 8.4 | 26.0% |
| Netherlands | 2.4 | 2.8 | 3.6 | 6.0 | 35.7% |
| New Zealand | 1.7 | 2.2 | 2.7 | 2.3 | 10.6% |
| Malaysia | 1.5 | 1.4 | 2.0 | 1.8 | 6.3% |
| India | 0.3 | 7.0 | 0.4 | 1.4 | 67.1% |
| Canada | 1.4 | 1.4 | 1.6 | 1.2 | -5.0% |
| Others | 5.6 | 7.2 | 6.4 | 7.8 | 11.7% |
| Total | 64.0 | 90.9 | 90.0 | 87.0 | 10.8% |
Top Suppliers of Frozen Vegetable to Singapore in 2022:
- United States (24.7K tons)
- China (11.0K tons)
- Belgium (5.9K tons)
- Netherlands (4.1K tons)
- New Zealand (1.1K tons)
- Malaysia (1.0K tons)
- India (0.8K tons)
- Canada (0.6K tons)
Frozen Vegetable Exports in Singapore
In 2022, the amount of frozen vegetables exported from Singapore soared to 4.3K tons, increasing by 453% compared with the previous year. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen vegetable exports surged to $7.2M in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Vegetable in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 5.3 | N/A | N/A | 3,069 | 733.5% |
| Saudi Arabia | N/A | N/A | N/A | 1,072 | 0% |
| Malaysia | 309 | 422 | 341 | 919 | 43.8% |
| United Arab Emirates | 11.6 | 5.1 | 0.6 | 655 | 283.6% |
| Brunei Darussalam | 59.3 | 86.6 | 118 | 472 | 99.7% |
| Indonesia | 96.9 | 130 | 346 | 236 | 34.5% |
| Israel | 137 | 131 | 241 | 145 | 1.9% |
| Cambodia | 108 | 61.1 | 59.4 | 118 | 3.0% |
| Timor-Leste | 78.2 | 14.4 | 29.5 | 52.9 | -12.2% |
| Hong Kong SAR | 119 | N/A | 70.5 | 41.1 | -29.8% |
| Oman | 273 | 117 | N/A | N/A | -57.1% |
| Others | 230 | 874 | 155 | 378 | 18.0% |
| Total | 1,427 | 1,841 | 1,361 | 7,158 | 71.2% |
Top Export Markets for Frozen Vegetable from Singapore in 2022:
- Philippines (1934.8 tons)
- Saudi Arabia (596.1 tons)
- Malaysia (531.9 tons)
- United Arab Emirates (438.9 tons)
- Brunei Darussalam (258.9 tons)
- Indonesia (195.0 tons)
- Israel (81.0 tons)
- Cambodia (49.9 tons)
- Timor-Leste (27.4 tons)
- Hong Kong SAR (16.1 tons)
This report provides an in-depth analysis of the frozen 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 473 - Vegetables, Frozen
- 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.
-
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
384
This report provides an in-depth analysis of the frozen vegetable market in Singapore.
516
This report provides an in-depth analysis of the frozen sweet corn market in Singapore.
420
This report provides an in-depth analysis of the market for frozen vegetables other than potato and corn in Singapore.
741
This report provides an in-depth analysis of the frozen potato market in Singapore.
407
This report provides an in-depth analysis of the frozen boiled potatoes market in Singapore.
332
This report provides an in-depth analysis of the market for frozen fruits and vegetables in Singapore.
423
This report provides an in-depth analysis of the market for aircraft internal combustion engine in Singapore.
358
This report provides an in-depth analysis of the market for benzol, toluol and xylol in Singapore.
475
This report provides an in-depth analysis of the sawnwood market in Singapore.
376
This report provides an in-depth analysis of the rennet market in Singapore.
120
Discover the top import markets for frozen vegetables and key statistics on the global trade of frozen vegetables. Explore the demand for frozen vegetables in the United States, Japan, the United Kingdom, and more.
1365
Hungary dominates in the global trade of frozen sweet corn. In 2014, Hungary exported X thousand tons of frozen sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its to
577
Explore the world's best import markets for frozen vegetables, excluding potato and corn. With key statistics and numbers, discover the demand and preferences in these markets. Get insights from the IndexBox market intelligence platform.
266
Explore the top import markets for frozen potato and their key statistics. Learn about the leading countries and their import values in the global frozen potato industry.
1550
Global frozen potato consumption stood at $X in 2017, an increase of X% against the previous year. This figure reflec...
521
China, Japan, US, South Korea, India and United Arab Emirates are some of the best markets for exporting lumber. Learn about their import values and market size projections for the coming years.
801
American lumber prices have decreased threefold, closing in on pre-COVID levels, which should drive global prices down. The change in lumber prices is largely influenced by slumping demand for real estate which became more expensive from diminished access. In Russia, the world’s largest supplier, a sharp increase in lumber exports led to a shortage in the domestic market. Attempting to hold the price growth instigated by that, the Russian government implemented 10% export duties on lumber until the end of 2021. Due to this, the main importers of Russian goods may opt for other suppliers.
999
Increasing at an average annual rate of +2.0% during the past thirteen years, the global recovered paper market totaled $46.4B in 2021.
547
Paper waste exporters worldwide now have to shift their supply chains: China, a global key processor of imported waste, banned solid waste imports in 2021. Countries with insufficient domestic paper processing capacity will now be forced to develop these facilities, against the current global trend towards the circular economy.
719
The global pigments, opacifiers and colours market revenue amounted to $5.1B in 2017, declining by -6.9% against the previ...
