Singapore - Maize Bran - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 11, 2024

Singapore - Maize Bran - Market Analysis, Forecast, Size, Trends And Insights

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Maize Bran Price in Singapore - 2022

Contents:

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

Maize Bran Price in Singapore (CIF) - 2022

The average maize bran import price stood at $524 per ton in September 2022, with a decrease of -4.4% against the previous month. In general, import price indicated a perceptible expansion from September 2021 to September 2022: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, maize bran import price decreased by -12.8% against May 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 40% against the previous month. The import price peaked at $601 per ton in May 2022; however, from June 2022 to September 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From September 2021 to September 2022, the rate of growth in terms of prices for India amounted to +11.1% per month.

Maize Bran Price in Singapore (FOB) - 2022

In 2022, the average maize bran export price amounted to $143 per ton, leveling off at the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 53%. As a result, the export price attained the peak level of $544 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($688 per ton), while the average price for exports to Indonesia ($57 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 Malaysia (+5.7%), while the prices for the other major destinations experienced a decline.

Maize Bran Imports in Singapore

In 2022, overseas purchases of maize bran increased by 11% to 31K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep slump.

In value terms, maize bran imports declined to $8.6M in 2022. In general, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

Import of Maize Bran in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A6.90%
India1.61.24.40.8-20.6%
Argentina0.52.51.90.4-7.2%
Brazil3.81.01.70.3-57.1%
Pakistan0.71.00.40.1-47.7%
United States2.10.90.10.1-63.8%
China0.40.20.2N/A-29.3%
Others0.51.10.70.1-41.5%
Total9.58.09.38.6-3.3%

Top Suppliers of Maize Bran to Singapore in 2022:

  1. Malaysia (24.5K tons)
  2. India (2.8K tons)
  3. Argentina (1.4K tons)
  4. Brazil (1.3K tons)
  5. United States (0.4K tons)
  6. Pakistan (0.3K tons)
  7. China (0.1K tons)

Maize Bran Exports in Singapore

In 2022, approx. 21 tons of maize bran were exported from Singapore; surging by 1.8% compared with 2021. In general, exports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2.7%.

In value terms, maize bran exports stood at $3K in 2022. Over the period under review, exports, however, recorded a abrupt curtailment.

Export of Maize Bran in Singapore (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka2,42547.01,3171,313-18.5%
Indonesia1,81033.0892847-22.4%
Taiwan (Chinese)61711.0297278-23.3%
IsraelN/A2,939N/AN/A0%
Others61213.0522598-0.8%
Total5,4643,0433,0283,036-17.8%

Top Export Markets for Maize Bran from Singapore in 2022:

  1. Indonesia (14.7 tons)
  2. Sri Lanka (5.5 tons)
  3. Taiwan (Chinese) (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the maize bran 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 10614010 - Bran, sharps and other residues from the sifting, milling or other working of maize (corn)

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Which Country Exports the Most Bran, Sharps and Other Residues; in the World?
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In value terms, bran, sharps and other residues; exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual ra...

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In 2020, total wheat bran imports stood at 6.6M tons or $1.1B in value terms, remaining stable against the previous year. Turkey is the largest wheat bran importer, accounting for 24% of global imports. Turkey, China, the Netherlands and Saudi Arabia increased their imports while supplies to Vietnam, Germany, Canada, South Africa and Thailand declined in 2020. China emerged as the fastest-growing importer. The average wheat bran import price rose by +4.8% y-o-y to $174 per ton last year. Russia, Indonesia and Germany constitute key wheat bran suppliers worldwide.

Free Data: Maize Bran - Singapore