Singapore - Grape Must - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrape Must Price in Singapore - 2022
Contents:
- Grape Must Price in Singapore (CIF) - 2022
- Grape Must Price in Singapore (FOB) - 2022
- Grape Must Imports in Singapore
- Grape Must Exports in Singapore
Grape Must Price in Singapore (CIF) - 2022
In 2022, the average grape must import price amounted to $6.5 per litre, declining by -82% against the previous year. Overall, the import price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 217%. The import price peaked at $84 per litre in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($52 per litre), while the price for Italy ($3.2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-1.2%), while the prices for the other major suppliers experienced a decline.
Grape Must Price in Singapore (FOB) - 2022
The average grape must export price stood at $2.8 per litre in 2022, rising by 16% against the previous year. Over the period under review, the export price, however, saw a mild decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 67% against the previous year. As a result, the export price reached the peak level of $6.5 per litre. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($15 per litre), while the average price for exports to Switzerland amounted to $2.2 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Grape Must Imports in Singapore
In 2022, imports of grape must into Singapore soared to 385K litres, rising by 456% on 2021. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, grape must imports reached $2.5M in 2022. Overall, imports posted strong growth. The growth pace was the most rapid in 2021 with an increase of 134% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Grape Must in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 918 | 184 | 785 | 1,589 | 20.1% |
| Hong Kong SAR | 1.9 | 34.7 | 10.3 | 526 | 551.7% |
| Italy | 35.0 | 141 | 284 | 179 | 72.3% |
| Others | 1,161 | 714 | 1,436 | 228 | -41.9% |
| Total | 2,116 | 1,074 | 2,515 | 2,523 | 6.0% |
Top Suppliers of Grape Must to Singapore in 2022:
- France (312.9K litres)
- Italy (55.4K litres)
- Hong Kong SAR (10.1K litres)
Grape Must Exports in Singapore
In 2022, exports of grape must from Singapore contracted markedly to 9.5K litres, waning by -93.8% compared with the year before. In general, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 161% against the previous year. As a result, the exports reached the peak of 153K litres, and then contracted sharply in the following year.
In value terms, grape must exports reduced remarkably to $27K in 2022. Overall, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 146% against the previous year. As a result, the exports reached the peak of $372K, and then declined rapidly in the following year.
| Export of Grape Must in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 20.3 | 0% |
| Indonesia | N/A | N/A | 0.1 | 6.5 | 6400.0% |
| Nigeria | N/A | 1.6 | N/A | N/A | 0% |
| Myanmar | 98.2 | 70.2 | 186 | N/A | 37.6% |
| Others | 98.2 | 79.7 | 186 | N/A | 37.6% |
| Total | 196 | 151 | 372 | 26.9 | -48.4% |
Top Export Markets for Grape Must from Singapore in 2022:
- Switzerland (9.1K litres)
- Indonesia (0.4K litres)
This report provides an in-depth analysis of the grape must 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:
- Prodcom 11021250 - Grape must (excluding alcohol duty)
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
- 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 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
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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
- 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
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