Latest Report Update: Dec 29, 2019

Singapore - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Cashew Nut Market Overview 2020

Cashew Nut Market Size in Singapore

The revenue of the cashew nut market in Singapore amounted to $X in 2018, declining 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). In general, cashew nut consumption continues to indicate a sharp drop. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. Cashew nut consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Cashew Nut Exports

Exports from Singapore

In 2018, the amount of cashew nuts exported from Singapore totaled X tonnes, surging by X% against the previous year. Overall, cashew nut exports, however, continue to indicate a moderate setback. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. In that year, cashew nut exports attained their peak of X tonnes. From 2016 to 2018, the growth of cashew nut exports failed to regain its momentum.

In value terms, cashew nut exports totaled $X in 2018. Overall, cashew nut exports, however, continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Sri Lanka (X tonnes) was the main destination for cashew nut exports from Singapore, with a X% share of total exports. Moreover, cashew nut exports to Sri Lanka exceeded the volume sent to the second major destination, Viet Nam (X tonnes), tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Sri Lanka totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (-X% per year) and Malaysia (+X% per year).

In value terms, Sri Lanka ($X), Viet Nam ($X) and Malaysia ($X) constituted the largest markets for cashew nut exported from Singapore worldwide, together accounting for X% of total exports.

Sri Lanka recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced a decline.

Export Prices by Country

The average cashew nut export price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the cashew nut export price, however, continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Sri Lanka ($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 Viet Nam, while the prices for the other major destinations experienced a decline.

Cashew Nut Imports

Imports into Singapore

Cashew nut imports into Singapore amounted to X tonnes in 2018, coming down by -X% against the previous year. In general, cashew nut imports continue to indicate a deep descent. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Over the period under review, cashew nut imports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, cashew nut imports totaled $X in 2018. Overall, cashew nut imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. In that year, cashew nut imports attained their peak of $X. From 2014 to 2018, the growth of cashew nut imports remained at a somewhat lower figure.

Imports by Country

In 2018, Burkina Faso (X tonnes) was the main cashew nut supplier to Singapore, accounting for a X% share of total imports. It was followed by Cote d'Ivoire (X tonnes), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of volume from Burkina Faso totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cote d'Ivoire (-X% per year) and Ghana (-X% per year).

In value terms, Burkina Faso ($X) constituted the largest supplier of cashew nut to Singapore, comprising X% of total cashew nut imports. The second position in the ranking was occupied by Ghana ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Burkina Faso stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ghana (+X% per year) and Cote d'Ivoire (+X% per year).

Import Prices by Country

In 2018, the average cashew nut import price amounted to $X per tonne, picking up by X% against the previous year. Overall, the cashew nut import price continues to indicate extraordinary growth. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. The import price peaked in 2018 and is likely to continue its growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was Ghana ($X per tonne), while the price for Cote d'Ivoire ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ghana, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 217 - Cashew nuts

This report provides an in-depth analysis of the cashew nut 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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