Singapore: Cream Fresh Market Overview 2020

Cream Fresh Market Size in Singapore

The revenue of the cream fresh market in Singapore amounted to $X in 2017, shrinking by -X% against the previous year. In general, cream fresh consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2014, when market value increased by X% against the previous year. Over the period under review, the cream fresh market attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Cream Fresh Production in Singapore

In 2017, production of cream fresh in Singapore amounted to X kg, approximately equating the previous year. Overall, cream fresh production continues to indicate a relatively flat trend pattern.

Cream Fresh Exports from Singapore

In 2017, approx. X tonnes of cream fresh were exported from Singapore; going down by -X% against the previous year. Overall, cream fresh exports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2010, when exports increased by X% year-to-year. Over the period under review, the cream fresh exports attained its maximum volume of X tonnes in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, cream fresh exports amounted to $X in 2017. Overall, cream fresh exports continue to indicate a drastic shrinkage. In that year, the cream fresh exports reached their peak level of $X. From 2015 to 2017, growth of the cream fresh exports failed to regain its momentum.

Cream Fresh Exports by Country from Singapore

In 2017, Germany (X tonnes), distantly followed by the Czech Republic (X tonnes), France (X tonnes), Austria (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), Poland (X tonnes) and the UK (X tonnes) were the key exporters of cream fresh, together achieving X% of total exports. The following exporters - Hungary (X tonnes), Latvia (X tonnes), Slovenia (X tonnes) and Denmark (X tonnes) each accounted for a X% share of total exports.

Germany experienced a relatively flat trend pattern of cream fresh exports. At the same time, Poland (+X%), Latvia (+X%), Hungary (+X%), Austria (+X%), the Czech Republic (+X%), Slovenia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The UK, Denmark and Belgium experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. Hungary (-X%), the Netherlands (-X%), Latvia (-X%), Austria (-X%), the Czech Republic (-X%) and Poland (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest cream fresh supplier from Singapore, making up X% of global exports. The second position in the ranking was occupied by France ($X), with a X% share of global exports. It was followed by the Czech Republic, with a X% share.

In Germany, cream fresh exports plunged by an average annual rate of -X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: France (-X% per year) and the Czech Republic (+X% per year).

Cream Fresh Export Prices by Country in Singapore

The cream fresh export price in Singapore stood at $X per tonne in 2017, growing by X% against the previous year. In general, the export price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cream fresh export price decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2011, when the export prices increased by X% against the previous year. Singapore export price peaked of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Denmark ($X per tonne), while Latvia ($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 the Netherlands (+X% per year), while the other leaders experienced a decline in the export price figures.

Cream Fresh Imports into Singapore

Cream fresh imports into Singapore totaled X tonnes in 2017, leveling off at the previous year. In general, the total imports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the cream fresh imports increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2010, when imports increased by X% year-to-year. Over the period under review, the cream fresh imports attained its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, cream fresh imports totaled $X in 2017. Overall, cream fresh imports continue to indicate a remarkable expansion. Singapore imports peaked in 2017, and are likely to continue its growth in the near future.

Cream Fresh Imports by Country into Singapore

In 2017, Germany (X tonnes), distantly followed by Italy (X tonnes), Belgium (X tonnes), Ireland (X tonnes), the Netherlands (X tonnes), China (X tonnes) and Lithuania (X tonnes) represented the largest importers of cream fresh, together generating X% of total imports. The following importers - France (X tonnes), Croatia (X tonnes), Russia (X tonnes), Romania (X tonnes) and Austria (X tonnes) each reached a X% share 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 China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest cream fresh markets worldwide were Germany ($X), Italy ($X) and Belgium ($X), together accounting for X% of total imports. These countries were followed by China, the Netherlands, Ireland, Lithuania, France, Russia, Croatia, Romania, Austria and Singapore, which together accounted for a further X%.

China (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Cream Fresh Import Prices by Country in Singapore

In 2017, the cream fresh import price in Singapore amounted to $X per tonne, growing 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 2008, when it surged by X% against the previous year. Singapore import price peaked of $X per tonne in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per tonne), while Germany ($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 Russia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform