Singapore - Preserved Tomatoes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 17, 2024

Singapore - Preserved Tomatoes - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Tomato Price in Singapore - 2022

Contents:

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

Preserved Tomato Price in Singapore (CIF) - 2022

The average preserved tomato import price stood at $1,783 per ton in September 2022, shrinking by -13.5% against the previous month. In general, import price indicated notable growth from September 2021 to September 2022: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, preserved tomato import price decreased by -13.5% against August 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 44% against the previous month. Over the period under review, average import prices hit record highs at $2,061 per ton in August 2022, and then shrank in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the United States ($3,103 per ton), while the price for Italy ($1,285 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 China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Tomato Price in Singapore (FOB) - 2022

The average preserved tomato export price stood at $2,393 per ton in 2022, growing by 65% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved tomato export price increased by +93.6% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($2,081 per ton), while the average price for exports to Vietnam ($950 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 Bangladesh (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tomato Imports in Singapore

In 2022, purchases abroad of preserved tomatoes decreased by -5.8% to 2K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. As a result, imports attained the peak of 3.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, preserved tomato imports surged to $3.3M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 decreased by -7.7% against 2020 indices.

Import of Preserved Tomato in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.72.51.72.310.6%
United States0.70.70.40.70.0%
Others0.20.40.30.314.5%
Total2.63.62.33.38.3%

Top Suppliers of Preserved Tomato to Singapore in 2022:

  1. Italy (1628.1 tons)
  2. United States (266.8 tons)

Preserved Tomato Exports in Singapore

In 2022, preserved tomato exports from Singapore plummeted to 151 tons, which is down by -22% against the previous year. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year.

In value terms, preserved tomato exports surged to $360K in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Preserved Tomato in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia14210697.4132-2.4%
Brunei Darussalam63.554.156.966.91.8%
Maldives15.316.249.557.755.7%
Mongolia27.74.510.716.5-15.9%
South Korea6.310.912.714.832.9%
Timor-Leste9.67.210.912.79.8%
Bangladesh15.27.34.010.2-12.5%
Cambodia11.67.75.89.6-6.1%
Thailand12.23.46.98.6-11.0%
Taiwan (Chinese)6.410.84.48.39.1%
Vietnam3.812.05.38.128.7%
Others11.79.215.914.47.2%
Total3252492803603.5%

Top Export Markets for Preserved Tomato from Singapore in 2022:

  1. Malaysia (77.1 tons)
  2. Brunei Darussalam (41.8 tons)
  3. Maldives (38.4 tons)
  4. Mongolia (14.0 tons)
  5. South Korea (9.5 tons)
  6. Timor-Leste (9.2 tons)
  7. Vietnam (8.5 tons)
  8. Taiwan (Chinese) (7.8 tons)
  9. Thailand (7.3 tons)
  10. Bangladesh (6.8 tons)
  11. Cambodia (4.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved tomato 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 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes 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:

  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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Free Data: Preserved Tomatoes - Singapore