Singapore - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGrapefruit Price in Singapore - 2022
Contents:
- Grapefruit Price in Singapore (CIF) - 2022
- Grapefruit Price in Singapore (FOB) - 2022
- Grapefruit Imports in Singapore
- Grapefruit Exports in Singapore
Grapefruit Price in Singapore (CIF) - 2022
The average grapefruit import price stood at $1,576 per ton in September 2022, therefore, remained relatively stable against the previous month. Over the period under review, import price indicated a perceptible increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.1% 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, grapefruit import price decreased by -12.5% against June 2022 indices. The growth pace was the most rapid in January 2022 an increase of 39% month-to-month. Over the period under review, average import prices reached the maximum at $1,806 per ton in February 2022; however, from March 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 Taiwan (Chinese) ($3,731 per ton), while the price for South Korea ($874 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 Egypt (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Grapefruit Price in Singapore (FOB) - 2022
The average grapefruit export price stood at $1,532 per ton in 2022, declining by -8.4% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grapefruit export price increased by +69.7% against 2017 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 32%. The export price peaked at $1,673 per ton in 2021, and then shrank in the following year.
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 Indonesia ($2,607 per ton), while the average price for exports to Malaysia ($1,187 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 Vietnam (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Grapefruit Imports in Singapore
In 2022, supplies from abroad of grapefruits decreased by -23.3% to 5K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, imports reached the peak of 7.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, grapefruit imports plummeted to $5.9M in 2022. In general, imports showed a slight reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 29%. As a result, imports reached the peak of $7.9M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Grapefruit in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2,961 | 3,311 | 3,373 | 3,058 | 1.1% |
| South Africa | 720 | 705 | 907 | 737 | 0.8% |
| China | 666 | 1,304 | 1,137 | 728 | 3.0% |
| Thailand | 254 | 181 | 282 | 286 | 4.0% |
| Israel | 383 | 401 | 310 | 281 | -9.8% |
| Vietnam | 158 | 111 | 201 | 251 | 16.7% |
| Turkey | 368 | 385 | 302 | 202 | -18.1% |
| United States | 184 | 332 | 353 | 71.7 | -27.0% |
| Others | 452 | 1,183 | 932 | 333 | -9.7% |
| Total | 6,146 | 7,914 | 7,798 | 5,947 | -1.1% |
Top Suppliers of Grapefruit to Singapore in 2022:
- Malaysia (2376.0 tons)
- South Africa (791.9 tons)
- China (786.7 tons)
- Thailand (241.2 tons)
- Turkey (215.4 tons)
- Israel (191.9 tons)
- Vietnam (181.8 tons)
- United States (46.4 tons)
Grapefruit Exports in Singapore
In 2022, approx. 287 tons of grapefruits were exported from Singapore; growing by 61% on the year before. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, grapefruit exports soared to $441K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Grapefruit in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.3 | N/A | N/A | 176 | 737.1% |
| Malaysia | 137 | 188 | 132 | 122 | -3.8% |
| Indonesia | 57.1 | 60.1 | 110 | 112 | 25.2% |
| Cambodia | 20.2 | 23.4 | 17.8 | 13.4 | -12.8% |
| Brunei Darussalam | 22.4 | 24.5 | 28.9 | 12.4 | -17.9% |
| Others | 6.0 | 12.3 | 8.3 | 4.5 | -9.1% |
| Total | 243 | 308 | 298 | 441 | 22.0% |
Top Export Markets for Grapefruit from Singapore in 2022:
- Hong Kong SAR (122.9 tons)
- Malaysia (103.1 tons)
- Indonesia (43.0 tons)
- Brunei Darussalam (9.9 tons)
- Cambodia (5.9 tons)
This report provides an in-depth analysis of the grapefruit 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 507 - Grapefruit and pomelo
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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