Singapore - Kiwi Fruits - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Singapore - Kiwi Fruits - Market Analysis, Forecast, Size, Trends and Insights

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Kiwi Fruit Price in Singapore - 2022

Contents:

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

Kiwi Fruit Price in Singapore (CIF) - 2022

The average kiwi fruit import price stood at $6,015 per ton in September 2022, approximately reflecting the previous month. Over the period under review, import price indicated measured growth from September 2021 to September 2022: its price increased at an average monthly rate of +3.0% 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, kiwi fruit import price increased by +18.6% against July 2022 indices. The most prominent rate of growth was recorded in April 2022 an increase of 104% m-o-m. As a result, import price attained the peak level of $7,053 per ton. From May 2022 to September 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was New Zealand ($6,124 per ton), while the price for China totaled $3,580 per ton.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Kiwi Fruit Price in Singapore (FOB) - 2022

The average kiwi fruit export price stood at $6,224 per ton in September 2022, almost unchanged from the previous month. Over the period under review, export price indicated a notable expansion from September 2021 to September 2022: its price increased at an average monthly rate of +2.8% 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, kiwi fruit export price increased by +3.7% against June 2022 indices. The pace of growth appeared the most rapid in January 2022 when the average export price increased by 31% month-to-month. Over the period under review, the average export prices attained the peak figure at $8,458 per ton in May 2022; however, from June 2022 to September 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In September 2022, the highest price was recorded for prices to Malaysia ($6,370 per ton) and Brunei Darussalam ($6,335 per ton), while the average price for exports to Timor-Leste ($5,791 per ton) and Indonesia ($5,997 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 Cambodia (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Kiwi Fruit Imports in Singapore

In 2022, purchases abroad of kiwi fruits decreased by -18.6% to 5.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a slight descent. The most prominent rate of growth was recorded in 2020 when imports increased by 13%.

In value terms, kiwi fruit imports fell significantly to $21M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year.

Import of Kiwi Fruit in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand13.916.919.416.86.5%
Italy2.53.34.02.61.3%
China1.21.10.80.6-20.6%
Chile0.30.3N/A0.2-12.6%
Others0.60.90.70.4-12.6%
Total18.522.425.020.63.6%

Top Suppliers of Kiwi Fruit to Singapore in 2022:

  1. New Zealand (3.7K tons)
  2. Italy (0.9K tons)
  3. China (0.3K tons)
  4. Chile (0.1K tons)

Kiwi Fruit Exports in Singapore

In 2022, after three years of growth, there was significant decline in overseas shipments of kiwi fruits, when their volume decreased by -16% to 392 tons. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +39.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of 467 tons, and then declined remarkably in the following year.

In value terms, kiwi fruit exports dropped to $1.9M in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 68%. As a result, the exports reached the peak of $2M, and then contracted in the following year.

Export of Kiwi Fruit in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia23729592170443.8%
Brunei Darussalam39758059161615.8%
Indonesia16119130331625.2%
Cambodia81.941.441.013718.7%
Vietnam4.739.610866.5141.9%
Timor-Leste16.125.038.638.533.7%
Others10.621.7N/A0.4-66.5%
Total9091,1942,0021,87827.4%

Top Export Markets for Kiwi Fruit from Singapore in 2022:

  1. Malaysia (146.4 tons)
  2. Brunei Darussalam (130.9 tons)
  3. Indonesia (71.3 tons)
  4. Cambodia (23.1 tons)
  5. Vietnam (11.5 tons)
  6. Timor-Leste (8.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the kiwi fruit 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 592 - Kiwi fruit

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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