Singapore - Bananas - Market Analysis, Forecast, Size, Trends and Insights
Singapore: Banana Market Overview 2019
Banana Market Size in Singapore
The revenue of the banana market in Singapore amounted to $X in 2018, remaining stable 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). Overall, banana consumption continues to indicate a buoyant increase. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. Over the period under review, the banana market reached its peak figure level at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.
Exports from Singapore
Banana exports from Singapore stood at X tonnes in 2018, shrinking by -X% against the previous year. Overall, banana exports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2012; however, from 2013 to 2018, exports remained at a lower figure.
In value terms, banana exports amounted to $X in 2018. Over the period under review, banana exports continue to indicate a sharp deduction. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, banana exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.
Imports into Singapore
Banana imports into Singapore totaled X tonnes in 2018, rising by X% against the previous year. Overall, the total imports indicated remarkable growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, banana imports attained their peak and are likely to continue its growth in the immediate term.
In value terms, banana imports stood at $X in 2018. Over the period under review, banana imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Imports peaked at $X in 2017, and then declined slightly in the following year.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the banana 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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