Singapore - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Peas Price in Singapore - 2022
Contents:
- Green Peas Price in Singapore (CIF) - 2022
- Green Peas Price in Singapore (FOB) - 2022
- Green Peas Imports in Singapore
- Green Peas Exports in Singapore
Green Peas Price in Singapore (CIF) - 2022
In September 2022, the average green peas import price amounted to $5,324 per ton, picking up by 13% against the previous month. Over the period from September 2021 to September 2022, it increased at an average monthly rate of +3.0%. The growth pace was the most rapid in January 2022 an increase of 23% m-o-m. Over the period under review, average import prices hit record highs in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was China ($5,552 per ton), while the price for India ($2,348 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 Malaysia (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Green Peas Price in Singapore (FOB) - 2022
The average green peas export price stood at $2,599 per ton in 2022, jumping by 80% against the previous year. Overall, the export price enjoyed a moderate increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 105% against the previous year. The export price peaked at $4,369 per ton in 2014; however, from 2015 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 Brunei Darussalam ($4,355 per ton), while the average price for exports to South Korea ($689 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 (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Green Peas Imports in Singapore
In 2022, after three years of growth, there was significant decline in overseas purchases of peas (green), when their volume decreased by -10.8% to 529 tons. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year.
In value terms, green peas imports dropped to $1.7M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year.
| Import of Green Peas in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,099 | 1,242 | 1,229 | 1,115 | 0.5% |
| Malaysia | 314 | 470 | 554 | 527 | 18.8% |
| India | 14.5 | 24.5 | 64.4 | 56.7 | 57.5% |
| United Arab Emirates | 5.4 | 55.5 | 40.3 | N/A | 173.2% |
| Myanmar | 39.3 | 15.1 | 3.5 | N/A | -70.2% |
| Others | 49.8 | 48.8 | 61.4 | 47.1 | -1.8% |
| Total | 1,521 | 1,856 | 1,953 | 1,745 | 4.7% |
Top Suppliers of Green Peas to Singapore in 2022:
- China (349.5 tons)
- Malaysia (146.3 tons)
- India (27.9 tons)
Green Peas Exports in Singapore
In 2022, shipments abroad of peas (green) decreased by -34.5% to 7.9 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 118% against the previous year. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, green peas exports surged to $21K in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 73% against the previous year. As a result, the exports reached the peak of $36K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Green Peas in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 12.2 | 23.2 | 7.3 | 9.7 | -7.4% |
| Brunei Darussalam | 2.2 | 3.0 | 2.9 | 7.1 | 47.8% |
| Hong Kong SAR | N/A | 2.6 | 4.0 | 1.7 | -19.1% |
| Vietnam | 0.1 | 0.2 | 0.5 | 1.2 | 128.9% |
| South Korea | N/A | 1.4 | 2.4 | 0.4 | -46.5% |
| Cambodia | 1.0 | 2.4 | N/A | N/A | 140.0% |
| Bangladesh | 5.1 | 3.1 | N/A | N/A | -39.2% |
| Others | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Total | 21.1 | 36.5 | 17.4 | 20.5 | -1.0% |
Top Export Markets for Green Peas from Singapore in 2022:
- Malaysia (2.7 tons)
- Hong Kong SAR (2.1 tons)
- Brunei Darussalam (1.6 tons)
- Vietnam (0.7 tons)
- South Korea (0.6 tons)
This report provides an in-depth analysis of the green peas 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 417 - Peas, green
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
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This report provides an in-depth analysis of the green peas market in Singapore.
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This report provides an in-depth analysis of the global green peas market.
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This report provides an in-depth analysis of the global green bean market.
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This report provides an in-depth analysis of the green peas market in Singapore.
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This report provides an in-depth analysis of the green bean market in Singapore.
4042
This report provides an in-depth analysis of the global green peas market.
5944
This report provides an in-depth analysis of the global green bean market.
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Global green peas consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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Global green peas exports amounted to X thousand tons in 2015, remaining stable against the previous year level.
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Global green peas imports amounted to X thousand tons in 2015, waning by -X% against the previous year level.
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In 2015, the country with the largest volume of the green peas output was China (X thousand tons), accounting for X% of global production.
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For the second consecutive year, a record drought is observed in India. The country is experiencing an acute shortage of rainfall and freshwater resources. As of June 2016, the volume of water in major reservoirs amounts to
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The U.S., in spite of some rather pedestrian 2014 export numbers, continued to lead the way in the global green pea trade. In 2014, the U.S. exported X thousand tons of peas totaling X million USD, X% under the previous year. Its primary trading pa
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The global green bean market was estimated at $31.1B in 2019, surging by 4.7% against the previous year. This figure...
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Global green bean consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global green bean exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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Global green bean imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
