Singapore: Cucumber And Gherkin Market Overview 2021

Cucumber And Gherkin Market Size in Singapore

The Singaporean cucumber and gherkin market reduced slightly to $X in 2019, shrinking 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). Overall, consumption, however, recorded a strong expansion. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. Cucumber and gherkin consumption peaked at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Cucumber And Gherkin Exports

Exports from Singapore

After two years of growth, shipments abroad of cucumbers and gherkins decreased by -X% to X tonnes in 2019. In general, exports saw a deep slump. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, cucumber and gherkin exports soared to $X in 2019. Overall, exports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports remained at a lower figure.

Exports by Country

Indonesia (X tonnes), Brunei Darussalam (X tonnes) and Bangladesh (X tonnes) were the main destinations of cucumber and gherkin exports from Singapore, together accounting for X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh, while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cucumber and gherkin exported from Singapore were Indonesia ($X), Bangladesh ($X) and Brunei Darussalam ($X), together accounting for X% of total exports.

Bangladesh saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2019, the average cucumber and gherkin export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price saw moderate growth. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Maldives ($X per tonne), while the average price for exports to Malaysia ($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 Maldives, while the prices for the other major destinations experienced more modest paces of growth.

Cucumber And Gherkin Imports

Imports into Singapore

For the third year in a row, Singapore recorded decline in overseas purchases of cucumbers and gherkins, which decreased by -X% to X tonnes in 2019. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, cucumber and gherkin imports totaled $X in 2019. Overall, total imports indicated a prominent expansion from 2007 to 2019: its value 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, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, Malaysia (X tonnes) was the main supplier of cucumber and gherkin to Singapore, with a X% share of total imports. It was followed by Thailand (X tonnes), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Malaysia totaled +X%.

In value terms, Malaysia ($X) constituted the largest supplier of cucumber and gherkin to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Malaysia totaled +X%.

Import Prices by Country

In 2019, the average cucumber and gherkin import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cucumbers and gherkins in the world?

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The country with the largest volume of cucumber and gherkin consumption was China (70M tonnes), accounting for 80% of total volume. It was followed by Turkey (1.9M tonnes), with a 2.1% share of total consumption. Russia (1.7M tonnes) ranked third in terms of total consumption with a 2% share.

What are the largest producers of cucumbers and gherkins in the world?

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China (70M tonnes) remains the largest cucumber and gherkin producing country worldwide, comprising approx. 80% of total volume. It was followed by Turkey (1.9M tonnes), with a 2.2% share of total production.

What are the leading suppliers of cucumbers and gherkins to Singapore?

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In value terms, Malaysia ($10M) constituted the largest supplier of cucumber and gherkin to Singapore, comprising 87% of total imports. The second position in the ranking was occupied by Thailand ($849K), with a 7.1% share of total imports.

What are the leading importers of cucumbers and gherkins from Singapore?

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In value terms, Indonesia ($3.2K), Bangladesh ($2.8K) and Brunei Darussalam ($2.5K) appeared to be the largest markets for cucumber and gherkin exported from Singapore worldwide, together accounting for 86% of total exports.

What is the average export price for cucumbers and gherkins in Singapore?

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The average cucumber and gherkin export price stood at $1,507 per tonne in 2019, growing by 97% against the previous year.

What is the average import price for cucumbers and gherkins in Singapore?

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In 2019, the average cucumber and gherkin import price amounted to $483 per tonne, with an increase of 4.4% against the previous year.