Singapore - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTemporarily Preserved Vegetable Price in Singapore - 2022
Contents:
- Temporarily Preserved Vegetable Price in Singapore (FOB) - 2022
- Temporarily Preserved Vegetable Price in Singapore (CIF) - 2022
- Temporarily Preserved Vegetable Exports in Singapore
- Temporarily Preserved Vegetable Imports in Singapore
Temporarily Preserved Vegetable Price in Singapore (FOB) - 2022
In 2022, the average temporarily preserved vegetable export price amounted to $2,129 per ton, reducing by -95.6% against the previous year. Overall, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of 2,985% against the previous year. As a result, the export price reached the peak level of $47,847 per ton, and then contracted notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($3,237 per ton), while the average price for exports to Malaysia ($1,274 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 Germany (+257.4%), while the prices for the other major destinations experienced more modest paces of growth.
Temporarily Preserved Vegetable Price in Singapore (CIF) - 2022
The average temporarily preserved vegetable import price stood at $1,380 per ton in September 2022, which is down by -9.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2021 when the average import price increased by 36% month-to-month. The import price peaked at $2,106 per ton in February 2022; however, from March 2022 to September 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2021 to September 2022, the rate of growth in terms of prices for China amounted to -0.3% per month.
Temporarily Preserved Vegetable Exports in Singapore
Temporarily preserved vegetable exports from Singapore surged to 114 tons in 2022, jumping by 17% on the year before. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 211%. As a result, the exports reached the peak of 182 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, temporarily preserved vegetable exports declined dramatically to $244K in 2022. Overall, exports enjoyed a moderate increase. The pace of growth was the most pronounced in 2021 with an increase of 1,554%. As a result, the exports attained the peak of $4.7M, and then declined dramatically in the following year.
| Export of Temporarily Preserved Vegetable in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 11.7 | N/A | N/A | 110 | 111.1% |
| Indonesia | 4.3 | 167 | 49.0 | 41.2 | 112.4% |
| China | N/A | N/A | N/A | 34.1 | 0% |
| Australia | N/A | N/A | N/A | 26.9 | 0% |
| Bangladesh | 41.6 | 64.9 | 2.2 | 8.0 | -42.3% |
| Papua New Guinea | N/A | 0.1 | 1.3 | 7.3 | 754.4% |
| Malaysia | 8.3 | 27.0 | 2.8 | 1.2 | -47.5% |
| Germany | 119 | N/A | 4,603 | N/A | 521.9% |
| Others | 32.1 | 23.1 | 13.7 | 15.3 | -21.9% |
| Total | 217 | 282 | 4,672 | 244 | 4.0% |
Top Export Markets for Temporarily Preserved Vegetable from Singapore in 2022:
- Hong Kong SAR (47.3 tons)
- China (22.3 tons)
- Indonesia (21.3 tons)
- Australia (11.2 tons)
- Papua New Guinea (3.7 tons)
- Bangladesh (2.5 tons)
- Malaysia (1.0 tons)
Temporarily Preserved Vegetable Imports in Singapore
In 2022, overseas purchases of vegetables (temporarily preserved) decreased by -3.9% to 1.2K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 41%. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, temporarily preserved vegetable imports shrank to $1.5M in 2022. Overall, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Temporarily Preserved Vegetable in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,379 | 1,964 | 1,355 | 1,377 | -0.0% |
| Malaysia | 128 | 173 | 46.1 | 21.5 | -44.8% |
| Thailand | 16.3 | 98.2 | 36.7 | 2.5 | -46.5% |
| Others | 154 | 186 | 151 | 81.2 | -19.2% |
| Total | 1,677 | 2,421 | 1,589 | 1,482 | -4.0% |
Top Suppliers of Temporarily Preserved Vegetable to Singapore in 2022:
- China (1168.8 tons)
- Malaysia (8.2 tons)
- Thailand (2.4 tons)
This report provides an in-depth analysis of the temporarily preserved vegetable 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:
- FCL 474 - Vegetables, Temporarily Preserved
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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