Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore - 2022
Contents:
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore (CIF) - 2022
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore (FOB) - 2022
- Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore
- Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore (CIF) - 2022
In September 2022, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $7,276 per ton, standing approximately at the previous month. Overall, the import price saw a tangible increase. The most prominent rate of growth was recorded in May 2022 an increase of 70% m-o-m. The import price peaked at $7,806 per ton in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.
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 ($13,360 per ton), while the price for Malaysia ($1,063 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 Australia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore (FOB) - 2022
In 2022, the average export price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $4,313 per ton, waning by -8.9% against the previous year. Overall, the export price saw a abrupt decline. The growth pace was the most rapid in 2017 when the average export price increased by 93% against the previous year. The export price peaked at $9,076 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($8,429 per ton), while the average price for exports to Myanmar ($1,450 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 Myanmar (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore
In 2022, approx. 308 tons of vegetables, brassica; brussel sprouts, fresh or chilleds were imported into Singapore; with an increase of 6.4% on the previous year's figure. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 9.4% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds rose markedly to $1.3M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +63.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 361 | 429 | 405 | 711 | 25.3% |
| Australia | 245 | 330 | 499 | 353 | 12.9% |
| United States | 14.7 | 81.7 | 156 | 128 | 105.7% |
| China | 56.1 | 24.4 | 59.8 | 85.9 | 15.3% |
| Malaysia | 9.6 | 37.2 | 17.8 | 13.4 | 11.8% |
| Others | 119 | 29.9 | 42.4 | 23.9 | -41.4% |
| Total | 805 | 932 | 1,179 | 1,314 | 17.7% |
Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Singapore in 2022:
- Netherlands (133.5 tons)
- China (85.6 tons)
- Australia (52.4 tons)
- Malaysia (17.5 tons)
- United States (15.1 tons)
Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore
In 2022, shipments abroad of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -51.1% to 910 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic descent. The pace of growth was the most pronounced in 2020 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 3.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds declined sharply to $3.9K in 2022. Overall, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2.5 | 6.5 | 5.2 | 2.5 | 0.0% |
| Brunei Darussalam | 5.6 | 5.8 | 3.6 | 0.6 | -52.5% |
| Indonesia | N/A | 0.1 | N/A | 0.5 | 123.6% |
| Myanmar | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.6 | 0.3 | N/A | N/A | -50.0% |
| Total | 8.8 | 12.6 | 8.8 | 3.9 | -23.8% |
Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Singapore in 2022:
- Malaysia (510.0 kg)
- Myanmar (220.0 kg)
- Indonesia (110.0 kg)
- Brunei Darussalam (70.0 kg)
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