Singapore - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cereal, Fruit or Nut Chocolate Bar in Singapore - 2022

Contents:

  1. Price for Cereal, Fruit or Nut Chocolate Bar in Singapore (FOB) - 2022
  2. Price for Cereal, Fruit or Nut Chocolate Bar in Singapore (CIF) - 2022
  3. Exports of Cereal, Fruit or Nut Chocolate Bar in Singapore
  4. Imports of Cereal, Fruit or Nut Chocolate Bar in Singapore

Price for Cereal, Fruit or Nut Chocolate Bar in Singapore (FOB) - 2022

In September 2022, the average export price for chocolate bars with cereals, fruit or nuts amounted to $5,107 per ton, reducing by -18% against the previous month. Overall, export price indicated noticeable growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.7% 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, export price for chocolate bars with cereals, fruit or nuts decreased by -3.5% against May 2022 indices. The pace of growth appeared the most rapid in October 2021 when the average export price increased by 27% m-o-m. Over the period under review, the average export prices hit record highs at $6,228 per ton in August 2022, and then dropped remarkably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($11,460 per ton), while the average price for exports to Japan ($2,226 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 the United Arab Emirates (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cereal, Fruit or Nut Chocolate Bar in Singapore (CIF) - 2022

In 2022, the average import price for chocolate bars with cereals, fruit or nuts amounted to $6,762 per ton, flattening at the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2015 when the average import price increased by 34% against the previous year. The import price peaked at $7,346 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,318 per ton), while the price for Malaysia ($4,536 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal, Fruit or Nut Chocolate Bar in Singapore

In 2022, approx. 27K tons of chocolate bars with cereals, fruit or nuts were exported from Singapore; increasing by 22% compared with the previous year's figure. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +55.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of chocolate bars with cereals, fruit or nuts expanded markedly to $89M in 2022. The total export value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Cereal, Fruit or Nut Chocolate Bar in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia38.843.052.051.09.5%
Japan6.97.711.613.324.5%
United Arab Emirates0.10.10.15.6282.6%
Philippines1.30.81.73.944.2%
China6.22.53.13.2-19.8%
India0.80.41.42.851.8%
South Korea2.11.31.92.10.0%
Others15.56.57.07.4-21.8%
Total71.762.378.789.37.6%

Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Singapore in 2022:

  1. Australia (11.5K tons)
  2. Japan (9.5K tons)
  3. United Arab Emirates (2.5K tons)
  4. China (0.7K tons)
  5. India (0.6K tons)
  6. South Korea (0.6K tons)
  7. Philippines (0.4K tons)

Imports of Cereal, Fruit or Nut Chocolate Bar in Singapore

Imports of chocolate bars with cereals, fruit or nuts into Singapore expanded to 4.4K tons in 2022, with an increase of 3.9% compared with 2021. Overall, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 7.1% against the previous year.

In value terms, imports of chocolate bars with cereals, fruit or nuts amounted to $30M in 2022. In general, imports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 15%.

Import of Cereal, Fruit or Nut Chocolate Bar in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.03.96.57.212.9%
Switzerland14.34.66.85.5-27.3%
Malaysia4.43.63.65.47.1%
Germany5.22.92.72.6-20.6%
Australia2.22.62.52.0-3.1%
France1.81.11.81.7-1.9%
United Kingdom1.80.61.31.3-10.3%
Belgium3.00.70.50.8-35.6%
United States3.11.20.40.5-45.6%
Turkey1.50.80.20.2-48.9%
Others7.23.32.72.9-26.1%
Total49.625.229.030.0-15.4%

Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Singapore in 2022:

  1. Netherlands (1463.8 tons)
  2. Malaysia (1189.8 tons)
  3. Switzerland (589.9 tons)
  4. Australia (329.1 tons)
  5. Germany (262.4 tons)
  6. United Kingdom (124.6 tons)
  7. France (104.1 tons)
  8. Belgium (72.8 tons)
  9. United States (36.7 tons)
  10. Turkey (31.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)

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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