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Singapore - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Overview of the Market for Broad Beans And Horse Beans (Dry) 2021

Market Size for Broad Beans And Horse Beans (Dry) in Singapore

In 2020, the Singaporean market for broad beans and horse beans (dry) increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Singapore

In 2020, shipments abroad of broad beans and horse beans (dry) decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, broad bean and horse bean exports dropped remarkably to $X in 2020. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

Exports by Country

Seychelles (X tonnes) was the main destination for broad bean and horse bean exports from Singapore, accounting for a X% share of total exports. Moreover, broad bean and horse bean exports to Seychelles exceeded the volume sent to the second major destination, Brunei Darussalam (X kg), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Seychelles stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (+X% per year) and Sri Lanka (-X% per year).

In value terms, the largest markets for broad bean and horse bean exported from Singapore were Brunei Darussalam ($X), Seychelles ($X) and Sri Lanka ($X terms of the main countries of destination, Seychelles saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average export price for broad beans and horse beans (dry) amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price, however, enjoyed a modest increase. The pace of growth was the most pronounced in 2015 an increase of X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Sri Lanka ($X per tonne), while the average price for exports to Seychelles ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka, while the prices for the other major destinations experienced a decline.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Singapore

In 2020, the amount of broad beans and horse beans (dry) imported into Singapore soared to X tonnes, picking up by X% compared with the previous year's figure. Over the period under review, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, broad bean and horse bean imports skyrocketed to $X in 2020. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Malaysia (X tonnes) constituted the largest broad bean and horse bean supplier to Singapore, accounting for a X% share of total imports. Moreover, broad bean and horse bean imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Malaysia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the UK (+X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of broad bean and horse bean to Singapore, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Malaysia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2020, the average import price for broad beans and horse beans (dry) amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per tonne in 2019, and then reduced rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from the U.S. ($X per tonne) and Malaysia ($X per tonne), while the price for China ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broad beans and horse beans (dry) in the world?
+
The countries with the highest volumes of broad bean and horse bean consumption in 2020 were China (1.7M tonnes), Ethiopia (1M tonnes) and the UK (494K tonnes), together comprising 59% of global consumption.
What are the largest producers of broad beans and horse beans (dry) in the world?
+
The countries with the highest volumes of broad bean and horse bean production in 2020 were China (1.8M tonnes), Ethiopia (1M tonnes) and the UK (626K tonnes), together accounting for 61% of global production. Australia, Germany, France, Sudan, Italy, Lithuania, Peru and Egypt lagged somewhat behind, together comprising a further 26%.
What are the leading suppliers of broad beans and horse beans (dry) to Singapore?
+
In value terms, Malaysia ($503K) constituted the largest supplier of broad bean and horse bean to Singapore, comprising 69% of total imports. The second position in the ranking was occupied by China ($144K), with a 20% share of total imports. It was followed by the UK, with a 3.8% share.
What are the leading importers of broad beans and horse beans (dry) from Singapore?
+
In value terms, the largest markets for broad bean and horse bean exported from Singapore were Brunei Darussalam ($607), Seychelles ($586) and Sri Lanka ($143).
What is the average export price for broad beans and horse beans (dry) in Singapore?
+
The average export price for broad beans and horse beans (dry) stood at $746 per tonne in 2020, dropping by -2.1% against the previous year.
What is the average import price for broad beans and horse beans (dry) in Singapore?
+
The average import price for broad beans and horse beans (dry) stood at $891 per tonne in 2020, falling by -34.5% against the previous year.

Product coverage:
• FCL 181 - Broad beans, dry

This report provides an in-depth analysis of the market for broad bean and horse bean 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.


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

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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