Singapore - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMolluscs Price in Singapore - 2022
Contents:
- Molluscs Price in Singapore (CIF) - 2022
- Molluscs Price in Singapore (FOB) - 2022
- Molluscs Imports in Singapore
- Molluscs Exports in Singapore
Molluscs Price in Singapore (CIF) - 2022
In September 2022, the average molluscs import price amounted to $9,921 per ton, waning by -4% against the previous month. In general, import price indicated a notable increase from September 2021 to September 2022: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, molluscs import price decreased by -5.4% against June 2022 indices. The pace of growth was the most pronounced in February 2022 when the average import price increased by 36% month-to-month. As a result, import price reached the peak level of $14,952 per ton. From March 2022 to September 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($55,681 per ton), while the price for India ($2,800 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 Japan (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Molluscs Price in Singapore (FOB) - 2022
The average molluscs export price stood at $18,839 per ton in September 2022, declining by -37.9% against the previous month. Over the period under review, the export price, however, recorded a mild expansion. The pace of growth was the most pronounced in June 2022 an increase of 92% m-o-m. Over the period under review, the average export prices reached the peak figure at $30,317 per ton in August 2022, and then fell rapidly in the following month.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was Thailand ($49,034 per ton), while the average price for exports to Bangladesh ($6,557 per ton) was 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 (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Molluscs Imports in Singapore
In 2022, approx. 8.3K tons of molluscs (scallops, mussels, cuttle fish, squid and octopus) were imported into Singapore; flattening at the previous year's figure. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, molluscs imports rose notably to $69M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Molluscs in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.6 | 25.0 | 32.2 | 33.1 | 1.6% |
| Japan | 12.0 | 7.0 | 11.0 | 17.2 | 12.7% |
| Indonesia | 3.5 | 4.1 | 5.6 | 4.7 | 10.3% |
| Malaysia | 2.7 | 3.0 | 2.8 | 4.6 | 19.4% |
| Vietnam | 1.8 | 1.9 | 2.9 | 2.9 | 17.2% |
| Spain | 1.0 | 0.8 | 1.5 | 1.8 | 21.6% |
| India | 0.6 | 0.8 | 0.6 | 0.6 | 0.0% |
| Others | 6.9 | 4.4 | 3.6 | 4.3 | -14.6% |
| Total | 60.0 | 47.1 | 60.2 | 69.1 | 4.8% |
Top Suppliers of Molluscs to Singapore in 2022:
- China (4.8K tons)
- Malaysia (1.1K tons)
- Indonesia (0.9K tons)
- Japan (0.6K tons)
- Vietnam (0.3K tons)
- India (0.2K tons)
- Spain (0.1K tons)
Molluscs Exports in Singapore
In 2022, shipments abroad of molluscs (scallops, mussels, cuttle fish, squid and octopus) increased by 29% to 920 tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, molluscs exports surged to $13M in 2022. In general, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +47.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Molluscs in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 5.9 | 5.2 | 5.6 | 5.8 | -0.6% |
| Thailand | 0.2 | 0.2 | 1.0 | 1.9 | 111.8% |
| Indonesia | 1.0 | 0.5 | 0.4 | 1.6 | 17.0% |
| Qatar | 0.7 | 0.5 | 1.0 | 1.0 | 12.6% |
| Hong Kong SAR | 2.6 | 0.3 | 0.4 | 0.9 | -29.8% |
| Philippines | 0.7 | 0.3 | 0.6 | 0.7 | 0.0% |
| Brunei Darussalam | 0.2 | 0.5 | 0.5 | 0.5 | 35.7% |
| China | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Vietnam | 0.1 | 0.9 | N/A | N/A | 800.0% |
| Taiwan (Chinese) | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.9 | 0.5 | 0.4 | 0.9 | 0.0% |
| Total | 12.6 | 9.1 | 10.1 | 13.4 | 2.1% |
Top Export Markets for Molluscs from Singapore in 2022:
- Malaysia (377.6 tons)
- Indonesia (164.1 tons)
- Qatar (124.0 tons)
- Thailand (64.5 tons)
- Philippines (42.6 tons)
- Brunei Darussalam (39.6 tons)
- China (28.1 tons)
- Hong Kong SAR (23.1 tons)
This report provides an in-depth analysis of the molluscs 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 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
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.
-
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
-
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
-
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
-
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
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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 VOLUME AND VALUE
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
-
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
-
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
- 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
- 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
366
This report provides an in-depth analysis of the molluscs market in Singapore.
284
This report provides an in-depth analysis of the frozen cuttlefishes market in Singapore.
781
This report provides an in-depth analysis of the snail market in Singapore.
171
This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Singapore.
2023
This report provides an in-depth analysis of the global molluscs market.
207
This report provides an in-depth analysis of the global frozen cuttlefishes market.
14414
This report provides an in-depth analysis of the global snail market.
467
This report provides an in-depth analysis of the global market for frozen scallops, including queen scallop.
366
This report provides an in-depth analysis of the molluscs market in Singapore.
284
This report provides an in-depth analysis of the frozen cuttlefishes market in Singapore.
324
Explore the top import markets for molluscs and discover key statistics and numbers. Spain, China, and Italy lead the way in mollusc imports. Find out more with IndexBox.
4508
In 2016, the global snail market amounted to X tons, which equated approx. $X in terms of wholesale prices. From 2007 to 2016, the global snail market was gradually growing; however, with some noticeable fluctuations in certain years. A signific
1962
France dominates in the global snail trade. In 2014, France exported X thousand tons of snails totaling X million USD, X% over the previous year. Its primary trading partner was Romania, where it supplied X% of its total snail exports in value
324
Explore the top import markets for molluscs and discover key statistics and numbers. Spain, China, and Italy lead the way in mollusc imports. Find out more with IndexBox.
4508
In 2016, the global snail market amounted to X tons, which equated approx. $X in terms of wholesale prices. From 2007 to 2016, the global snail market was gradually growing; however, with some noticeable fluctuations in certain years. A signific
1962
France dominates in the global snail trade. In 2014, France exported X thousand tons of snails totaling X million USD, X% over the previous year. Its primary trading partner was Romania, where it supplied X% of its total snail exports in value
