Price for Fruit, Edible; Durians, Fresh in Singapore - 2022
Contents:
- Price for Fruit, Edible; Durians, Fresh in Singapore (CIF) - 2022
- Price for Fruit, Edible; Durians, Fresh in Singapore (FOB) - 2022
- Imports of Fruit, Edible; Durians, Fresh in Singapore
- Exports of Fruit, Edible; Durians, Fresh in Singapore
Price for Fruit, Edible; Durians, Fresh in Singapore (CIF) - 2022
The average fruit, edible; durians, fresh import price stood at $1,006 per ton in September 2022, rising by 8.1% against the previous month. Over the period from September 2021 to September 2022, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in January 2022 an increase of 33% against the previous month. The import price peaked at $1,036 per ton in June 2022; afterwards, it flattened through to September 2022.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the country with the highest price was Vietnam ($1,062 per ton), while the price for Thailand ($761 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 Thailand (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fruit, Edible; Durians, Fresh in Singapore (FOB) - 2022
In 2022, the average fruit, edible; durians, fresh export price amounted to $15,854 per ton, surging by 303% against the previous year. Overall, the export price saw a resilient expansion. The growth pace was the most rapid in 2017 an increase of 350% against the previous year. As a result, the export price attained the peak level of $18,466 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +5.9% per year.
Imports of Fruit, Edible; Durians, Fresh in Singapore
Fruit, edible; durians, fresh imports into Singapore declined to 22K tons in 2022, falling by -9.6% compared with the year before. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of 24K tons, and then shrank in the following year.
In value terms, fruit, edible; durians, fresh imports reduced slightly to $16M in 2022. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.5% 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 +45.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of $17M, and then contracted slightly in the following year.
| Import of Fruit, Edible; Durians, Fresh in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 13.2 | 9.8 | 15.9 | 15.1 | 4.6% |
| Thailand | 0.7 | 0.8 | 0.9 | 0.8 | 4.6% |
| Philippines | 0.4 | 0.5 | 0.2 | 0.4 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.2 | 11.1 | 17.0 | 16.3 | 4.7% |
Top Suppliers of Fruit, Edible; Durians, Fresh to Singapore in 2022:
- Malaysia (20.1K tons)
- Thailand (1.5K tons)
- Philippines (0.3K tons)
Exports of Fruit, Edible; Durians, Fresh in Singapore
In 2022, approx. 12 tons of fruit, edible; durians, freshes were exported from Singapore; stabilizing at the previous year's figure. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,275%. As a result, the exports attained the peak of 28 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fruit, edible; durians, fresh exports skyrocketed to $184K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 324% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Fruit, Edible; Durians, Fresh in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 6.8 | 21.7 | 11.1 | 184 | 200.2% |
| Malaysia | N/A | 10.3 | 1.6 | N/A | -84.5% |
| Brunei Darussalam | 5.5 | N/A | N/A | N/A | 0% |
| Indonesia | N/A | 39.9 | 32.3 | N/A | -19.0% |
| Others | 4.7 | N/A | N/A | N/A | 0% |
| Total | 17.0 | 71.9 | 45.0 | 184 | 121.2% |
Top Export Markets for Fruit, Edible; Durians, Fresh from Singapore in 2022:
- Hong Kong SAR (11.6 tons)
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