Singapore - Grapes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGrape Price in Singapore - 2022
Contents:
- Grape Price in Singapore (CIF) - 2022
- Grape Price in Singapore (FOB) - 2022
- Grape Imports in Singapore
- Grape Exports in Singapore
Grape Price in Singapore (CIF) - 2022
In 2022, the average grape import price amounted to $3,600 per ton, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 12%. As a result, import price attained the peak level of $3,608 per ton, leveling off in the following year.
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 the United States ($5,595 per ton), while the price for India ($2,073 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Grape Price in Singapore (FOB) - 2022
In September 2022, the average grape export price amounted to $4,757 per ton, declining by -14.7% against the previous month. Over the period under review, export price indicated slight growth from September 2021 to September 2022: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, grape export price increased by +31.5% against June 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 45% month-to-month. Over the period under review, the average export prices hit record highs at $5,575 per ton in August 2022, and then reduced in the following month.
Average prices varied somewhat for the major overseas markets. In September 2022, the countries with the highest prices were Brunei Darussalam ($6,057 per ton) and Indonesia ($5,618 per ton), while the average price for exports to Malaysia ($4,157 per ton) and Timor-Leste ($5,596 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 Indonesia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Grape Imports in Singapore
Grape imports into Singapore rose remarkably to 17K tons in 2022, increasing by 8.2% on 2021 figures. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, grape imports rose notably to $62M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Grape in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.8 | 16.6 | 18.2 | 14.9 | 2.6% |
| Australia | 11.4 | 11.1 | 7.2 | 13.1 | 4.7% |
| South Africa | 10.0 | 8.3 | 9.5 | 9.9 | -0.3% |
| China | 1.3 | 3.7 | 5.7 | 7.3 | 77.7% |
| Egypt | 6.1 | 4.4 | 5.8 | 5.1 | -5.8% |
| India | 0.2 | 0.3 | 1.4 | 2.1 | 119.0% |
| Spain | 1.3 | 1.0 | 1.5 | 1.6 | 7.2% |
| Others | 5.8 | 6.8 | 8.2 | 8.0 | 11.3% |
| Total | 49.8 | 52.1 | 57.4 | 61.9 | 7.5% |
Top Suppliers of Grape to Singapore in 2022:
- Australia (3.7K tons)
- South Africa (3.7K tons)
- United States (2.7K tons)
- Egypt (2.1K tons)
- China (2.1K tons)
- India (1.0K tons)
- Spain (0.6K tons)
Grape Exports in Singapore
In 2022, grape exports from Singapore skyrocketed to 2.5K tons, picking up by 34% on 2021 figures. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.7% 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 +60.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, grape exports skyrocketed to $8M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +50.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Grape in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2.3 | 1.8 | 2.8 | 3.7 | 17.2% |
| Indonesia | 1.1 | 1.2 | 1.6 | 1.8 | 17.8% |
| Brunei Darussalam | 1.6 | 1.9 | 2.0 | 1.7 | 2.0% |
| Vietnam | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Timor-Leste | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Cambodia | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 5.6 | 5.3 | 6.6 | 8.0 | 12.6% |
Top Export Markets for Grape from Singapore in 2022:
- Malaysia (1262.3 tons)
- Indonesia (633.7 tons)
- Brunei Darussalam (417.9 tons)
- Vietnam (139.3 tons)
- Timor-Leste (56.9 tons)
- Cambodia (4.7 tons)
This report provides an in-depth analysis of the grape 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 560 - Grapes
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
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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
862
This report provides an in-depth analysis of the grape market in Singapore.
627
This report provides an in-depth analysis of the dried grapes market in Singapore.
5906
This report provides an in-depth analysis of the global grape market.
1253
This report provides an in-depth analysis of the global dried grapes market.
862
This report provides an in-depth analysis of the grape market in Singapore.
627
This report provides an in-depth analysis of the dried grapes market in Singapore.
5906
This report provides an in-depth analysis of the global grape market.
1253
This report provides an in-depth analysis of the global dried grapes market.
161
Discover the top import markets for grapes, including the United States, Netherlands, Germany, and more. Learn about the key statistics and trends in the global grape market.
1424
Increased grape production in China buoyed the global market against a fall in the grape crop in India, the EU and Russia, which enables the global production in 2020 to remain consistent with 2019 data. The export potential of Chinese and Australian grapes has improved due to the progress achieved in cultivation methods and the use of particularly fertile varieties of grape.
2873
China recorded the highest growth rate of grape market, in terms of the main consuming countries over the last decade....
5121
Global grape consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1211
Global grape exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
4201
Global grape imports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
2569
In 2015, the countries with the highest levels of grape production were China (X thousand tons), the United States (X thousand tons), Italy (X thousand tons), together accounting for X% of total output.
1399
Chile continued its dominance in the global grape trade. In 2014, Chile exported X thousand tons of grape totaling X USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total grape exports in
915
Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.
1519
The UK (99K tons), Germany (77K tons) and the Netherlands (55K tons) represented roughly 31% of total imports of dried grapes.
