Singapore: Dry Bean Market Overview 2020

Dry Bean Market Size in Singapore

The revenue of the dry bean market in Singapore amounted to $X in 2017, going up by X% against the previous year. In general, dry bean consumption continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Over the period under review, the dry bean market reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Dry Bean Production in Singapore

Dry bean production in Singapore totaled X kg in 2017, approximately mirroring the previous year. In general, dry bean production continues to indicate a relatively flat trend pattern. Dry bean output in Singapore indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

In 2017, average yield of beans (dry) in Singapore amounted to X kg per ha, stabilizing at the previous year. In general, dry bean yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Dry bean harvested area in Singapore stood at X ha in 2017, stabilizing at the previous year. Overall, dry bean harvested area continues to indicate a relatively flat trend pattern.

Dry Bean Exports from Singapore

Dry bean exports from Singapore stood at X tonnes in 2017, declining by -X% against the previous year. Overall, dry bean exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. Singapore exports peaked of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, dry bean exports totaled $X in 2017. In general, dry bean exports continue to indicate a moderate decline. In that year, the dry bean exports reached their peak level of $X. From 2016 to 2017, growth of the dry bean exports stood at a somewhat lower level.

Dry Bean Exports by Country from Singapore

In 2017, Myanmar (X tonnes), distantly followed by China (X tonnes), the U.S. (X tonnes), Argentina (X tonnes) and Canada (X tonnes) were the largest exporters of beans (dry), together committing X% of total exports. The following exporters - Brazil (X tonnes), Ethiopia (X tonnes), Egypt (X tonnes) and the UK (X tonnes) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest dry bean markets worldwide were Myanmar ($X), China ($X) and the U.S. ($X), with a combined X% share of total exports. Argentina, Canada, Egypt, Ethiopia, Brazil, the UK and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , Egypt (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Dry Bean Export Prices by Country in Singapore

The dry bean export price in Singapore stood at $X per tonne in 2017, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the export prices for beans (dry) reached its peak figure level of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per tonne), while the UK ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Dry Bean Imports into Singapore

In 2017, approx. X tonnes of beans (dry) were imported into Singapore; coming up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2008, when imports increased by X% year-to-year. In that year, the dry bean imports reached their peak volume of X tonnes. From 2009 to 2017, growth of the dry bean imports stood at a somewhat lower level.

In value terms, dry bean imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Singapore imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Dry Bean Imports by Country into Singapore

In 2017, India (X tonnes), followed by China (X tonnes), Mexico (X tonnes) and Pakistan (X tonnes) represented the key importers of beans (dry), together generating X% of total imports. The following importers - Angola (X tonnes), Brazil (X tonnes), the U.S. (X tonnes), Viet Nam (X tonnes), the Philippines (X tonnes), the UK (X tonnes), Kenya (X tonnes) and Italy (X tonnes) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported beans (dry) into Singapore, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

In India, dry bean imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China (+X% per year) and Mexico (+X% per year).

Dry Bean Import Prices by Country in Singapore

In 2017, the dry bean import price in Singapore amounted to $X per tonne, waning by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Singapore import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per tonne), while the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform