Singapore - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Hazelnut Price in Singapore - 2022
Contents:
- Shelled Hazelnut Price in Singapore (CIF) - 2022
- Shelled Hazelnut Price in Singapore (FOB) - 2022
- Shelled Hazelnut Imports in Singapore
- Shelled Hazelnut Exports in Singapore
Shelled Hazelnut Price in Singapore (CIF) - 2022
In 2022, the average shelled hazelnut import price amounted to $7,660 per ton, with a decrease of -16.4% against the previous year. In general, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2014 an increase of 56% against the previous year. Over the period under review, average import prices reached the maximum at $15,505 per ton in 2015; however, from 2016 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 Italy ($12,562 per ton), while the price for the United States ($6,675 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+13.2%), while the prices for the other major suppliers experienced a decline.
Shelled Hazelnut Price in Singapore (FOB) - 2022
The average shelled hazelnut export price stood at $10,458 per ton in 2022, shrinking by -36.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 75%. Over the period under review, the average export prices hit record highs at $17,740 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($22,292 per ton), while the average price for exports to Malaysia ($7,908 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 Indonesia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Hazelnut Imports in Singapore
Shelled hazelnut imports into Singapore surged to 78 tons in 2022, increasing by 39% on 2021 figures. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.7% 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 +89.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, shelled hazelnut imports surged to $601K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Shelled Hazelnut in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 362 | 515 | 398 | 519 | 12.8% |
| Italy | 0.6 | 4.8 | 52.3 | 29.5 | 266.3% |
| Greece | 2.9 | 13.1 | 23.7 | 10.7 | 54.5% |
| United States | N/A | 0.7 | N/A | 10.5 | 287.3% |
| Others | 28.9 | 33.8 | 45.5 | 31.4 | 2.8% |
| Total | 394 | 568 | 519 | 601 | 15.1% |
Top Suppliers of Shelled Hazelnut to Singapore in 2022:
- Turkey (69.7 tons)
- Italy (2.4 tons)
- United States (1.6 tons)
- Greece (1.2 tons)
Shelled Hazelnut Exports in Singapore
In 2022, the amount of shelled hazelnuts exported from Singapore surged to 12 tons, increasing by 109% compared with the year before. In general, exports continue to indicate buoyant growth.
In value terms, shelled hazelnut exports skyrocketed to $124K in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
| Export of Shelled Hazelnut in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.1 | 64.8 | 10.4 | 51.6 | 132.6% |
| Indonesia | 1.5 | 2.0 | 50.3 | 23.6 | 150.6% |
| Thailand | 1.3 | 22.5 | N/A | 13.1 | 116.0% |
| Vietnam | 23.8 | 8.0 | 13.5 | 12.9 | -18.5% |
| Sri Lanka | 35.3 | 7.0 | N/A | 7.0 | -41.7% |
| Cambodia | 13.3 | 9.9 | 9.0 | 5.5 | -25.5% |
| Fiji | N/A | N/A | N/A | 5.5 | 0% |
| Hong Kong SAR | N/A | 12.5 | N/A | N/A | 0% |
| Brunei Darussalam | 8.8 | N/A | N/A | N/A | 0% |
| Myanmar | 12.6 | 0.4 | N/A | N/A | -96.8% |
| Others | 9.2 | 2.3 | 10.8 | 4.8 | -19.5% |
| Total | 110 | 129 | 94.1 | 124 | 4.1% |
Top Export Markets for Shelled Hazelnut from Singapore in 2022:
- Malaysia (6.5 tons)
- Thailand (1.5 tons)
- Indonesia (1.1 tons)
- Vietnam (0.9 tons)
- Cambodia (0.5 tons)
- Sri Lanka (0.5 tons)
- Fiji (0.5 tons)
This report provides an in-depth analysis of the shelled hazelnut market 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:
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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