Singapore - Fruit Flour - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Fruit Flour - Market Analysis, Forecast, Size, Trends And Insights

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Fruit Flour Price in Singapore - 2022

Contents:

  1. Fruit Flour Price in Singapore (FOB) - 2022
  2. Fruit Flour Price in Singapore (CIF) - 2022
  3. Fruit Flour Exports in Singapore
  4. Fruit Flour Imports in Singapore

Fruit Flour Price in Singapore (FOB) - 2022

In September 2022, the average fruit flour export price amounted to $6,898 per ton, remaining stable against the previous month. Over the period under review, export price indicated tangible growth from September 2021 to September 2022: its price increased at an average monthly rate of +3.2% 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, fruit flour export price decreased by -1.4% against August 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 41% against the previous month. Over the period under review, the average export prices reached the maximum at $7,398 per ton in May 2022; however, from June 2022 to September 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In September 2022, the highest price was recorded for prices to China ($7,177 per ton) and India ($6,317 per ton), while the average price for exports to Indonesia ($5,511 per ton) and Malaysia ($5,796 per ton) were amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Flour Price in Singapore (CIF) - 2022

In September 2022, the average fruit flour import price amounted to $5,336 per ton, waning by -14.6% against the previous month. In general, import price indicated a temperate expansion from September 2021 to September 2022: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, fruit flour import price decreased by -14.6% against August 2022 indices. The most prominent rate of growth was recorded in November 2021 an increase of 95% against the previous month. The import price peaked at $6,763 per ton in May 2022; however, from June 2022 to September 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Indonesia ($5,807 per ton), while the price for the United States ($2,600 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 Indonesia (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Fruit Flour Exports in Singapore

In 2022, overseas shipments of fruit flour decreased by -18.4% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 38%.

In value terms, fruit flour exports dropped to $12M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, the exports attained the peak of $15M, and then declined in the following year.

Export of Fruit Flour in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.85.58.38.219.5%
Malaysia0.92.22.81.826.0%
India0.30.41.00.410.1%
Taiwan (Chinese)0.30.30.40.30.0%
Trinidad and Tobago0.20.30.30.314.5%
IndonesiaN/AN/AN/A0.20%
Others0.81.31.71.317.6%
Total7.410.114.612.519.1%

Top Export Markets for Fruit Flour from Singapore in 2022:

  1. China (1595.6 tons)
  2. Malaysia (417.0 tons)
  3. India (96.2 tons)
  4. Taiwan (Chinese) (55.0 tons)
  5. Trinidad and Tobago (48.7 tons)
  6. Indonesia (43.2 tons)

Fruit Flour Imports in Singapore

After three years of growth, supplies from abroad of fruit flour decreased by -20.4% to 2.8K tons in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.4% 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 increased by +34.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of 3.5K tons, and then shrank markedly in the following year.

In value terms, fruit flour imports shrank rapidly to $12M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +57.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. As a result, imports attained the peak of $14M, and then reduced markedly in the following year.

Import of Fruit Flour in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia6.58.912.710.417.0%
United States0.70.60.70.98.7%
Malaysia0.10.20.10.226.0%
Others0.30.50.60.518.6%
Total7.610.114.112.016.4%

Top Suppliers of Fruit Flour to Singapore in 2022:

  1. Indonesia (2462.4 tons)
  2. United States (246.4 tons)
  3. Malaysia (54.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fruit flour 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 624 - Flour of Fruits

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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