Latest Report Update: May 5, 2021

Singapore - Frozen Fruit And Nuts - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Singapore: Overview of the Market for Frozen Fruit And Nuts 2021

Market Size for Frozen Fruit And Nuts in Singapore

In 2020, the Singaporean frozen fruit and nuts market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. In general, consumption showed a noticeable reduction. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2019, and then dropped significantly in the following year.

Exports of Frozen Fruit And Nuts

Exports from Singapore

Frozen fruit and nuts exports from Singapore fell to X tonnes in 2020, therefore, remained relatively stable against 2019. Over the period under review, exports, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, frozen fruit and nuts exports rose notably to $X in 2020. Overall, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for frozen fruit and nuts exports from Singapore, accounting for a X% share of total exports. Moreover, frozen fruit and nuts exports to Hong Kong SAR exceeded the volume sent to the second major destination, Barbados (X tonnes), fivefold.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR stood at +X%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for frozen fruit and nuts exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Barbados ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR totaled +X%.

Export Prices by Country

The average frozen fruit and nuts export price stood at $X per tonne in 2020, growing by X% against the previous year. In general, export price indicated a moderate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen fruit and nuts export price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2019 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per tonne), while the average price for exports to Barbados stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR.

Imports of Frozen Fruit And Nuts

Imports into Singapore

In 2020, supplies from abroad of frozen fruit and nuts decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, frozen fruit and nuts imports fell significantly to $X in 2020. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2019, and then declined remarkably in the following year.

Imports by Country

In 2020, Myanmar (X tonnes) was the main frozen fruit and nuts supplier to Singapore, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Myanmar stood at +X%.

In value terms, Myanmar ($X) constituted the largest supplier of frozen fruit and nuts to Singapore.

From 2007 to 2020, the average annual growth rate of value from Myanmar totaled +X%.

Import Prices by Country

In 2020, the average frozen fruit and nuts import price amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, import price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen fruit and nuts import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2019, and then dropped in the following year.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2007 to 2020, the rate of growth in terms of prices for Myanmar amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen fruit and nuts in the world?
+
The country with the largest volume of frozen fruit and nuts consumption was China (2.3M tonnes), comprising approx. 20% of total volume. Moreover, frozen fruit and nuts consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (1M tonnes), twofold. India (887K tonnes) ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of frozen fruit and nuts in the world?
+
China (2.3M tonnes) remains the largest frozen fruit and nuts producing country worldwide, accounting for 20% of total volume. Moreover, frozen fruit and nuts production in China exceeded the figures recorded by the second-largest producer, India (911K tonnes), threefold. The third position in this ranking was occupied by the U.S. (580K tonnes), with a 5.1% share.
What are the leading suppliers of frozen fruit and nuts to Singapore?
+
In value terms, Myanmar ($2.2M) constituted the largest supplier of frozen fruit and nuts to Singapore.
What are the leading importers of frozen fruit and nuts from Singapore?
+
In value terms, Hong Kong SAR ($429K) remains the key foreign market for frozen fruit and nuts exports from Singapore, comprising 100% of total exports. The second position in the ranking was occupied by Barbados ($497), with a 0.1% share of total exports.
What is the average export price for frozen fruit and nuts in Singapore?
+
The average frozen fruit and nuts export price stood at $2,903 per tonne in 2020, picking up by 15% against the previous year.
What is the average import price for frozen fruit and nuts in Singapore?
+
The average frozen fruit and nuts import price stood at $3,644 per tonne in 2020, shrinking by -5.4% against the previous year.

Product coverage:
• Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water

This report provides an in-depth analysis of the market for frozen fruit and nuts 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.


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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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