Price for Pectic Substances; Pectinates and Pectates in Singapore - 2022
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Singapore (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Singapore (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Singapore
- Exports of Pectic Substances; Pectinates and Pectates in Singapore
Price for Pectic Substances; Pectinates and Pectates in Singapore (CIF) - 2022
The average import price for pectic substances; pectinates and pectateses stood at $13,259 per ton in 2022, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The import price peaked at $14,176 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($19,505 per ton), while the price for Malaysia ($2,395 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Singapore (FOB) - 2022
The average export price for pectic substances; pectinates and pectateses stood at $8,776 per ton in 2022, which is down by -2.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 44%. As a result, the export price reached the peak level of $10,274 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($15,808 per ton), while the average price for exports to Maldives ($2,988 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 Cambodia (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Singapore
In 2022, approx. 188 tons of pectic substances; pectinates and pectateses were imported into Singapore; picking up by 129% against the previous year. Over the period under review, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates imports skyrocketed to $2.5M in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pectic Substances; Pectinates and Pectates in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 70.3 | 26.6 | 142 | 597 | 104.0% |
| Brazil | 591 | 426 | 360 | 533 | -3.4% |
| France | 65.2 | 58.7 | 48.2 | 383 | 80.4% |
| China | 5.0 | 38.1 | 121 | 330 | 304.1% |
| United States | 8.2 | 2.3 | 12.7 | 283 | 225.6% |
| Denmark | 26.7 | 13.4 | 37.2 | 137 | 72.5% |
| Mexico | 151 | 103 | 105 | 107 | -10.8% |
| Malaysia | 82.3 | 62.3 | 71.1 | 42.4 | -19.8% |
| Others | 126 | 30.1 | 15.8 | 73.7 | -16.4% |
| Total | 1,126 | 760 | 914 | 2,487 | 30.2% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Singapore in 2022:
- Germany (55.0 tons)
- Brazil (30.7 tons)
- France (27.2 tons)
- China (25.5 tons)
- Malaysia (17.7 tons)
- United States (15.5 tons)
- Denmark (7.4 tons)
- Mexico (5.5 tons)
Exports of Pectic Substances; Pectinates and Pectates in Singapore
Pectic substances; pectinates and pectates exports from Singapore surged to 156 tons in 2022, jumping by 275% compared with the previous year's figure. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates exports soared to $1.4M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pectic Substances; Pectinates and Pectates in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.9 | 0.1 | N/A | 873 | 507.2% |
| Malaysia | 277 | 201 | 163 | 169 | -15.2% |
| China | N/A | N/A | N/A | 123 | 0% |
| Bangladesh | 29.1 | 12.3 | 11.4 | 93.9 | 47.8% |
| Cambodia | 35.2 | 45.8 | 58.0 | 39.8 | 4.2% |
| Indonesia | 68.6 | 51.0 | 86.7 | 37.7 | -18.1% |
| Maldives | 13.8 | 2.1 | 21.0 | 7.7 | -17.7% |
| United Arab Emirates | 17.6 | N/A | N/A | N/A | 0% |
| Others | 66.6 | 27.7 | 34.3 | 25.7 | -27.2% |
| Total | 512 | 340 | 375 | 1,369 | 38.8% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Singapore in 2022:
- Vietnam (91.5 tons)
- Bangladesh (27.1 tons)
- China (13.1 tons)
- Malaysia (10.7 tons)
- Cambodia (4.6 tons)
- Indonesia (4.1 tons)
- Maldives (2.6 tons)
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