Singapore - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Asparagus Price in Singapore - 2022
Contents:
- Preserved Asparagus Price in Singapore (CIF) - 2022
- Preserved Asparagus Price in Singapore (FOB) - 2022
- Preserved Asparagus Imports in Singapore
- Preserved Asparagus Exports in Singapore
Preserved Asparagus Price in Singapore (CIF) - 2022
In 2022, the average preserved asparagus import price amounted to $2,117 per ton, falling by -10% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 95% against the previous year. As a result, import price reached the peak level of $3,975 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,659 per ton), while the price for China stood at $2,004 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%).
Preserved Asparagus Price in Singapore (FOB) - 2022
In 2022, the average preserved asparagus export price amounted to $3,283 per ton, shrinking by -5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2013 an increase of 30%. Over the period under review, the average export prices attained the maximum at $3,598 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($3,624 per ton), while the average price for exports to South Korea ($1,457 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 Indonesia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Asparagus Imports in Singapore
In 2022, the amount of preserved asparagus imported into Singapore rose notably to 39 tons, growing by 11% against 2021. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year.
In value terms, preserved asparagus imports declined modestly to $82K in 2022. Overall, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 76%. As a result, imports attained the peak of $82K, leveling off in the following year.
| Import of Preserved Asparagus in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 75.2 | 23.3 | 67.4 | 76.7 | 0.7% |
| Others | 3.1 | 23.5 | 14.8 | 5.3 | 19.6% |
| Total | 78.3 | 46.8 | 82.2 | 82.0 | 1.6% |
Top Suppliers of Preserved Asparagus to Singapore in 2022:
- China (38.3 tons)
Preserved Asparagus Exports in Singapore
In 2022, approx. 27 tons of preserved asparagus were exported from Singapore; with an increase of 22% compared with 2021. Overall, exports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year.
In value terms, preserved asparagus exports surged to $88K in 2022. In general, exports, however, saw a perceptible reduction. The growth pace was the most rapid in 2021 when exports increased by 83%.
| Export of Preserved Asparagus in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 1.2 | 0.7 | 29.4 | 24.7 | 174.1% |
| Malaysia | 6.4 | 1.8 | 1.1 | 21.3 | 49.3% |
| Sri Lanka | 26.1 | 16.6 | 20.5 | 17.4 | -12.6% |
| Indonesia | 32.6 | 10.0 | 6.6 | 12.3 | -27.7% |
| South Korea | 3.5 | 5.1 | 4.5 | 2.2 | -14.3% |
| Maldives | 14.5 | 1.9 | 2.4 | 1.7 | -51.1% |
| Bangladesh | 2.6 | 1.2 | 1.0 | 1.6 | -14.9% |
| Brunei Darussalam | 3.9 | 1.3 | 3.4 | 0.7 | -43.6% |
| Hong Kong SAR | 1.0 | 1.3 | N/A | 0.2 | -41.5% |
| Others | 3.9 | 2.0 | 7.6 | 6.3 | 17.3% |
| Total | 95.8 | 41.9 | 76.6 | 88.3 | -2.7% |
Top Export Markets for Preserved Asparagus from Singapore in 2022:
- Philippines (6.9 tons)
- Malaysia (6.5 tons)
- Sri Lanka (5.1 tons)
- Indonesia (3.4 tons)
- South Korea (1.5 tons)
- Maldives (1.0 tons)
- Bangladesh (0.6 tons)
- Brunei Darussalam (0.2 tons)
- Hong Kong SAR (0.1 tons)
This report provides an in-depth analysis of the preserved asparagus 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 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)
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
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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
- 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 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
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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
- 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
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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1584
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1152
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1338
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1584
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1152
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
