Singapore - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPistachio Price in Singapore - 2022
Contents:
- Pistachio Price in Singapore (CIF) - 2022
- Pistachio Price in Singapore (FOB) - 2022
- Pistachio Imports in Singapore
- Pistachio Exports in Singapore
Pistachio Price in Singapore (CIF) - 2022
The average pistachio import price stood at $22,553 per ton in September 2022, increasing by 32% against the previous month. Overall, the import price posted buoyant growth. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 78% m-o-m. The import price peaked 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 Greece ($38,675 per ton), while the price for the United States ($14,637 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 Greece (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Pistachio Price in Singapore (FOB) - 2022
In 2022, the average pistachio export price amounted to $11,604 per ton, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. The export price peaked at $13,975 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($17,052 per ton), while the average price for exports to Indonesia ($8,226 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 Hong Kong SAR (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Pistachio Imports in Singapore
For the fourth year in a row, Singapore recorded growth in supplies from abroad of pistachios, which increased by 69% to 1.3K tons in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pistachio imports fell to $6.9M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of $7.9M, and then fell in the following year.
| Import of Pistachio in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 3.0 | 0% |
| United States | 2.7 | 2.0 | 1.8 | 1.7 | -14.3% |
| Iran | 2.1 | 3.4 | 4.3 | 0.7 | -30.7% |
| China | 0.4 | 0.3 | 1.1 | 0.7 | 20.5% |
| Others | 0.9 | 0.5 | 0.7 | 0.8 | -3.9% |
| Total | 6.1 | 6.2 | 7.9 | 6.9 | 4.2% |
Top Suppliers of Pistachio to Singapore in 2022:
- United Arab Emirates (1000.7 tons)
- United States (137.7 tons)
- Iran (62.4 tons)
- China (53.7 tons)
Pistachio Exports in Singapore
In 2022, shipments abroad of pistachios decreased by -34.7% to 115 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 176 tons, and then reduced markedly in the following year.
In value terms, pistachio exports contracted notably to $1.3M in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of $1.8M, and then plummeted in the following year.
| Export of Pistachio in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 565 | 1,012 | 1,220 | 643 | 4.4% |
| Vietnam | 281 | 73.7 | 188 | 151 | -18.7% |
| India | 579 | 214 | 168 | 110 | -42.5% |
| Mauritius | 4.6 | 11.0 | 71.7 | 92.0 | 171.4% |
| Thailand | N/A | 1.9 | 0.6 | 86.7 | 575.5% |
| Brunei Darussalam | 144 | 92.3 | 90.5 | 59.8 | -25.4% |
| Indonesia | 81.7 | 3.2 | 5.2 | 49.2 | -15.6% |
| Ecuador | 54.7 | 12.0 | N/A | 42.6 | -8.0% |
| Nepal | N/A | 112 | N/A | N/A | 0% |
| Others | 56.5 | 86.5 | 80.1 | 98.4 | 20.3% |
| Total | 1,767 | 1,618 | 1,825 | 1,333 | -9.0% |
Top Export Markets for Pistachio from Singapore in 2022:
- Malaysia (48.8 tons)
- Vietnam (15.9 tons)
- India (12.0 tons)
- Thailand (8.5 tons)
- Mauritius (6.9 tons)
- Indonesia (6.0 tons)
- Brunei Darussalam (5.5 tons)
- Ecuador (5.0 tons)
This report provides an in-depth analysis of the pistachio 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 223 - Pistachios
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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This report provides an in-depth analysis of the pistachio market in Singapore.
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Global pistachio market analysis from 2023 to 2030, including consumption trends, market performance, production, imports, and exports.
1423
Pistachio prices are to keep moderately growing as global production is forecast to drop by 16% y/y to 829K tons in 2022. Lower outputs are expected in Iran and Turkey, while U.S. production is projected to gain 10% y/y to a record 523K tons, ensuring stable exports.
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The global pistachio market expanded slightly to $10.6B in 2019, growing by 4% against the previous year. This figure...
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Global pistachio consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the country with the largest volume of the pistachio output was Iran (X thousand tons), accounting for X% of global production.
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The sanctions imposed on Iran in X were partially lifted this year on January, X. Despite the toll taken on the Iranian economy by years under these measures, the country was able to maintain its world's highest rates of pistachio production, doubl
1437
By virtue of a nearly X% jump in exports in 2014, Germany assumed the second spot in the global pistachio trade. In 2014, Germany exported X thousand tons of pistachios totaling X million USD, X% over the previous year. Its primary trading partn
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In 2013, the U.S. and Iran were the main global suppliers of pistachios with a combined share of X% of global exports. However, the fastest growing suppliers from 2007 to 2013 were Turkey (+X% per year). The U.S. strengthened its position in the
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