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Singapore - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Avocado Market Overview 2020

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Avocado Market Size in Singapore

The revenue of the avocado market in Singapore amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, avocado consumption continues to indicate an outstanding increase. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. Over the period under review, the avocado market reached its maximum level in 2018 and is likely to continue its growth in the immediate term.

Avocado Exports

Exports from Singapore

In 2018, the amount of avocados exported from Singapore totaled X tonnes, rising by X% against the previous year. In general, avocado exports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. In that year, avocado exports reached their peak of X tonnes. From 2013 to 2018, the growth of avocado exports remained at a lower figure.

In value terms, avocado exports stood at $X in 2018. Overall, avocado exports, however, continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. In that year, avocado exports reached their peak of $X. From 2013 to 2018, the growth of avocado exports remained at a somewhat lower figure.

Exports by Country

Brunei Darussalam (X tonnes), Malaysia (X tonnes) and Cambodia (X tonnes) were the main destinations of avocado exports from Singapore, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Cambodia, while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for avocado exported from Singapore were Malaysia ($X), Brunei Darussalam ($X) and Cambodia ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Brunei Darussalam recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2018, the average avocado export price amounted to $X per tonne, surging by X% against the previous year. Overall, the avocado export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced a decline.

Avocado Imports

Imports into Singapore

In 2018, the amount of avocados imported into Singapore amounted to X tonnes, picking up by X% against the previous year. In general, avocado imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Over the period under review, avocado imports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, avocado imports totaled $X in 2018. In general, avocado imports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Over the period under review, avocado imports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, Australia (X tonnes) constituted the largest supplier of avocado to Singapore, with a X% share of total imports. Moreover, avocado imports from Australia exceeded the figures recorded by the second-largest supplier, New Zealand (X tonnes), fourfold. The third position in this ranking was occupied by Kenya (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Kenya (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of avocado to Singapore, comprising X% of total avocado imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports. It was followed by Kenya, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Australia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Kenya (+X% per year).

Import Prices by Country

In 2018, the average avocado import price amounted to $X per tonne, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. In that year, the average import prices for avocados attained their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the average import prices for avocados failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was New Zealand ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• FCL 572 - Avocados

This report provides an in-depth analysis of the avocado 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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