Price for Cereal Grains; Rolled or Flaked, of Oats in Singapore - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Oats in Singapore (CIF) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Oats in Singapore (FOB) - 2023
- Imports of Cereal Grains; Rolled or Flaked, of Oats in Singapore
- Exports of Cereal Grains; Rolled or Flaked, of Oats in Singapore
Price for Cereal Grains; Rolled or Flaked, of Oats in Singapore (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of oatses stood at $2,019 per ton in 2022, growing by 7.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2020 an increase of 23% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,754 per ton), while the price for Germany ($1,021 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Grains; Rolled or Flaked, of Oats in Singapore (FOB) - 2023
In September 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $871 per ton, surging by 55% against the previous month. Overall, the export price, however, continues to indicate a precipitous slump. Over the period under review, the average export prices reached the maximum at $4,749 per ton in June 2022; however, from July 2022 to September 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Brunei Darussalam ($5,343 per ton), while the average price for exports to Japan ($520 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Oats in Singapore
In 2022, the amount of cereal grains; rolled or flaked, of oatses imported into Singapore fell sharply to 1.7K tons, which is down by -19% against 2021 figures. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2021 when imports increased by 2.4%.
In value terms, imports of cereal grains; rolled or flaked, of oatses fell to $3.5M in 2022. In general, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 8.5% against the previous year. As a result, imports reached the peak of $4M, and then contracted in the following year.
| Import of Cereal Grains; Rolled or Flaked, of Oats in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2,148 | 2,034 | 1,626 | 1,422 | -12.8% |
| Australia | 992 | 778 | 911 | 756 | -8.7% |
| Canada | 255 | 104 | 350 | 447 | 20.6% |
| United States | 216 | 249 | 272 | 269 | 7.6% |
| New Zealand | 101 | 161 | 198 | 189 | 23.2% |
| United Kingdom | 37.8 | 211 | 299 | 182 | 68.9% |
| Latvia | N/A | 2.2 | 0.9 | 116 | 626.1% |
| Germany | 179 | 63.6 | 236 | 33.1 | -43.0% |
| Others | 72.4 | 109 | 133 | 100 | 11.4% |
| Total | 4,000 | 3,712 | 4,026 | 3,515 | -4.2% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Singapore in 2022:
- Malaysia (676.7 tons)
- Australia (424.1 tons)
- Canada (173.9 tons)
- Latvia (112.7 tons)
- United Kingdom (110.2 tons)
- New Zealand (108.1 tons)
- United States (46.8 tons)
- Germany (32.4 tons)
Exports of Cereal Grains; Rolled or Flaked, of Oats in Singapore
In 2022, approx. 524 tons of cereal grains; rolled or flaked, of oatses were exported from Singapore; jumping by 107% on the previous year. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal grains; rolled or flaked, of oatses shrank notably to $794K in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 202%.
| Export of Cereal Grains; Rolled or Flaked, of Oats in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 34.4 | 447 | 814 | 427 | 131.5% |
| Malaysia | 41.0 | 32.4 | 55.9 | 133 | 48.0% |
| Qatar | N/A | N/A | N/A | 85.2 | 0% |
| Maldives | 23.8 | 19.6 | 28.3 | 23.1 | -1.0% |
| Brunei Darussalam | 14.6 | 31.8 | 21.4 | 20.8 | 12.5% |
| Philippines | N/A | N/A | 11.1 | 19.2 | 73.0% |
| Bangladesh | 0.4 | N/A | 14.0 | 18.7 | 260.2% |
| Vietnam | 27.0 | 13.8 | 6.8 | 15.6 | -16.7% |
| Cambodia | 15.0 | 17.0 | 34.6 | 13.7 | -3.0% |
| Indonesia | 13.5 | 19.1 | 35.2 | 9.5 | -11.1% |
| Others | 32.1 | 27.5 | 16.5 | 28.0 | -4.5% |
| Total | 202 | 609 | 1,038 | 794 | 57.8% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Singapore in 2022:
- Malaysia (278.3 tons)
- Japan (123.6 tons)
- Qatar (48.7 tons)
- Maldives (11.1 tons)
- Philippines (9.8 tons)
- Bangladesh (9.1 tons)
- Brunei Darussalam (7.7 tons)
- Vietnam (6.1 tons)
- Indonesia (4.8 tons)
- Cambodia (4.8 tons)
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