Report Update May 1, 2024

Singapore - Frozen Eels - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Frozen Eels Market 2022

Frozen Eels Market Size in Singapore

The Singaporean frozen eels market fell to $X in 2020, remaining stable against the previous year. Overall, consumption saw a abrupt slump. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Frozen Eels Production in Singapore

In value terms, frozen eels production dropped dramatically to $X in 2020 estimated in export prices. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2019 to 2020, production growth remained at a lower figure.

Frozen Eels Exports

Exports from Singapore

In 2020, overseas shipments of frozen eels decreased by -X% to X tons, falling for the second year in a row after twelve years of growth. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tons in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen eels exports fell dramatically to $X in 2020. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Hong Kong SAR (X tons), Malaysia (X tons) and Nauru (X kg) were the main destinations of frozen eels exports from Singapore, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Malaysia, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Hong Kong SAR ($X), Malaysia ($X) and Nauru ($X) constituted the largest markets for frozen eels exported from Singapore worldwide, with a combined X% share of total exports.

Malaysia recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen eels export price stood at $X per ton in 2020, picking up by X% against the previous year. Over the period under review, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2017 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Nauru ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced mixed trend patterns.

Frozen Eels Imports

Imports into Singapore

In 2020, supplies from abroad of frozen eels decreased by -X% to X tons, falling for the third year in a row after two years of growth. Overall, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, frozen eels imports skyrocketed to $X in 2020. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Indonesia (X tons) constituted the largest frozen eels supplier to Singapore, with a X% share of total imports. Moreover, frozen eels imports from Indonesia exceeded the figures recorded by the second-largest supplier, Malaysia (X kg), sixfold.

From 2007 to 2020, the average annual growth rate of volume from Indonesia totaled -X%.

In value terms, Indonesia ($X) and Malaysia ($X) constituted the largest frozen eels suppliers to Singapore.

Indonesia saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average frozen eels import price stood at $X per ton in 2020, growing by X% against the previous year. Overall, the import price continues to indicate significant growth. The growth pace was the most rapid in 2013 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Malaysia ($X per ton), while the price for Indonesia stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen eels in the world?

The countries with the highest volumes of frozen eels consumption in 2020 were China, India and the U.S., with a combined 61% share of global consumption. These countries were followed by Denmark, Indonesia, New Zealand, Qatar, Hong Kong SAR, Vietnam, Bangladesh, Taiwan Chinese), Canada and Germany, which together accounted for a further 29%.

What are the largest producers of frozen eels in the world?

Indonesia constituted the country with the largest volume of frozen eels production, comprising approx. 42% of total volume. Moreover, frozen eels production in Indonesia exceeded the figures recorded by the second-largest producer, India, twofold. Malaysia ranked third in terms of total production with a 8.7% share.

What are the leading suppliers of frozen eels to Singapore?

In value terms, Indonesia and Malaysia appeared to be the largest frozen eels suppliers to Singapore.

What are the leading importers of frozen eels from Singapore?

In value terms, the largest markets for frozen eels exported from Singapore were Hong Kong SAR, Malaysia and Nauru $10), together accounting for 90% of total exports.

What is the average export price for frozen eels in Singapore?

The average frozen eels export price stood at $4,618 per ton in 2020, picking up by 56% against the previous year.

What is the average import price for frozen eels in Singapore?

In 2020, the average frozen eels import price amounted to $7,958 per ton, with an increase of 34% against the previous year.

This report provides an in-depth analysis of the frozen eels 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 2025.

Product coverage:

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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023