Singapore - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlantain Price in Singapore - 2022
Contents:
- Plantain Price in Singapore (CIF) - 2022
- Plantain Price in Singapore (FOB) - 2022
- Plantain Imports in Singapore
- Plantain Exports in Singapore
Plantain Price in Singapore (CIF) - 2022
The average plantain import price stood at $209 per ton in 2022, reducing by -17.2% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 23%. The import price peaked at $1,446 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($781 per ton), while the price for Vietnam ($115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.0%), while the prices for the other major suppliers experienced a decline.
Plantain Price in Singapore (FOB) - 2022
The average plantain export price stood at $4,278 per ton in 2022, with an increase of 956% against the previous year. Over the period under review, the export price saw significant growth. The export price peaked at $6,049 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($22,396 per ton), while the average price for exports to Malaysia stood at $332 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-2.7%).
Plantain Imports in Singapore
In 2022, plantain imports into Singapore expanded sharply to 319 tons, increasing by 6.4% against the previous year's figure. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, plantain imports contracted to $67K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 79%. As a result, imports reached the peak of $76K, and then reduced in the following year.
| Import of Plantain in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 36.2 | 18.3 | 29.7 | 51.4 | 12.4% |
| Turkey | N/A | 6.3 | 4.5 | 5.7 | -4.9% |
| China | N/A | 0.4 | 0.2 | 3.7 | 204.1% |
| India | 1.2 | 0.9 | 25.7 | 3.3 | 40.1% |
| Vietnam | 2.3 | 0.9 | 9.0 | 0.9 | -26.9% |
| Thailand | 4.2 | 7.2 | 1.3 | 0.2 | -63.8% |
| Others | 2.8 | 8.2 | 5.3 | 1.4 | -20.6% |
| Total | 46.7 | 42.2 | 75.7 | 66.6 | 12.6% |
Top Suppliers of Plantain to Singapore in 2022:
- Malaysia (282.6 tons)
- India (13.1 tons)
- Vietnam (8.1 tons)
- China (7.4 tons)
- Turkey (3.4 tons)
- Thailand (0.2 tons)
Plantain Exports in Singapore
In 2022, after two years of decline, there was significant growth in shipments abroad of plantains, when their volume increased by 66% to 1.3 tons. Over the period under review, exports, however, recorded a dramatic decline.
In value terms, plantain exports surged to $5.7K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Plantain in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 5.4 | 0% |
| Malaysia | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Oman | 1.3 | 0.8 | N/A | N/A | -38.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 0.8 | 0.3 | 5.7 | 63.7% |
Top Export Markets for Plantain from Singapore in 2022:
- Malaysia (1102.0 kg)
- Indonesia (240.0 kg)
This report provides an in-depth analysis of the plantain 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 489 - Plantains
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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