Singapore: Cauliflower And Broccoli Market Overview 2021

Cauliflower And Broccoli Market Size in Singapore

The Singaporean cauliflower and broccoli market contracted slightly to $X in 2019, 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). Over the period under review, consumption posted prominent growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2018, and then contracted slightly in the following year.

Cauliflower And Broccoli Exports

Exports from Singapore

In 2019, overseas shipments of cauliflower and broccoli decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Over the period under review, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, cauliflower and broccoli exports reduced rapidly to $X in 2019. In general, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

Exports by Country

Malaysia (X tonnes) was the main destination for cauliflower and broccoli exports from Singapore, with a X% share of total exports. Moreover, cauliflower and broccoli exports to Malaysia exceeded the volume sent to the second major destination, Indonesia (X tonnes), sevenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and Brunei Darussalam (+X% per year).

In value terms, Malaysia ($X) remains the key foreign market for cauliflower and broccoli exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and Brunei Darussalam (+X% per year).

Export Prices by Country

In 2019, the average cauliflower and broccoli export price amounted to $X per tonne, approximately reflecting the previous year. Overall, export price indicated a strong increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, cauliflower and broccoli export price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne, and then shrank slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Brunei Darussalam ($X per tonne), while the average price for exports to Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam, while the prices for the other major destinations experienced more modest paces of growth.

Cauliflower And Broccoli Imports

Imports into Singapore

In 2019, the amount of cauliflower and broccoli imported into Singapore was estimated at X tonnes, approximately reflecting the previous year. Overall, total imports indicated a noticeable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in the immediate term.

In value terms, cauliflower and broccoli imports shrank to $X in 2019. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2018, and then declined in the following year.

Imports by Country

In 2019, China (X tonnes) constituted the largest cauliflower and broccoli supplier to Singapore, accounting for a X% share of total imports. Moreover, cauliflower and broccoli imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tonnes), fourfold. The third position in this ranking was occupied by Malaysia (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Malaysia (+X% per year).

In value terms, the largest cauliflower and broccoli suppliers to Singapore were China ($X), Australia ($X) and Malaysia ($X), together accounting for X% of total imports. India lagged somewhat behind, comprising a further X terms of the main suppliers, India saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average cauliflower and broccoli import price amounted to $X per tonne, falling by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2018, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Australia ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cauliflower and broccoli in the world?

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The countries with the highest volumes of cauliflower and broccoli consumption in 2019 were China (11M tonnes), India (9.1M tonnes) and the U.S. (1.2M tonnes), together comprising 78% of global consumption. These countries were followed by Mexico, which accounted for a further 2.3%.

What are the largest producers of cauliflower and broccoli in the world?

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The countries with the highest volumes of cauliflower and broccoli production in 2019 were China (11M tonnes), India (9.1M tonnes) and the U.S. (1.2M tonnes), with a combined 78% share of global production. These countries were followed by Mexico and Spain, which together accounted for a further 5.3%.

What are the leading suppliers of cauliflower and broccoli to Singapore?

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In value terms, China ($17M), Australia ($10M) and Malaysia ($2.6M) constituted the largest cauliflower and broccoli suppliers to Singapore, together comprising 94% of total imports. These countries were followed by India, which accounted for a further 3%.

What are the leading importers of cauliflower and broccoli from Singapore?

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In value terms, Malaysia ($1.1M) remains the key foreign market for cauliflower and broccoli exports from Singapore, comprising 82% of total exports. The second position in the ranking was occupied by Indonesia ($145K), with a 11% share of total exports.

What is the average export price for cauliflower and broccoli in Singapore?

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The average cauliflower and broccoli export price stood at $1,923 per tonne in 2019, stabilizing at the previous year.

What is the average import price for cauliflower and broccoli in Singapore?

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In 2019, the average cauliflower and broccoli import price amounted to $1,436 per tonne, reducing by -6.7% against the previous year.