Singapore: Fruit And Berry Market 2024

Fruit And Berry Market Size in Singapore

After six years of growth, the Singaporean fruit and berry market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Fruit And Berry Production in Singapore

In value terms, fruit and berry production reached $X in 2022 estimated in export price. In general, production, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Fruit and berry production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average fruit and berry yield in Singapore stood at X tons per ha, almost unchanged from the previous year. Overall, the yield, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2017 to 2022, the growth of the average fruit and berry yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fruit and berry harvested area in Singapore amounted to X ha in 2022, remaining constant against the previous year's figure. Overall, the harvested area continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The fruit and berry harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Fruit And Berry Exports

Exports from Singapore

Fruit and berry exports from Singapore skyrocketed to X tons in 2022, rising by X% on 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, fruit and berry exports soared to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons), Indonesia (X tons) and Brunei Darussalam (X tons) were the main destinations of fruit and berry exports from Singapore, together comprising X% of total exports. Hong Kong SAR, Timor-Leste, Vietnam and Cambodia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fruit and berry exported from Singapore were Malaysia ($X), Indonesia ($X) and Brunei Darussalam ($X), together comprising X% of total exports. Hong Kong SAR, Vietnam, Timor-Leste and Cambodia lagged somewhat behind, together comprising a further X%.

Hong Kong SAR, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the average fruit and berry export price amounted to $X per ton, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit And Berry Imports

Imports into Singapore

In 2022, fruit and berry imports into Singapore shrank slightly to X tons, which is down by X% against the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, fruit and berry imports contracted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then dropped slightly in the following year.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest fruit and berry supplier to Singapore, accounting for a X% share of total imports. Moreover, fruit and berry imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. South Africa (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Africa (X% per year).

In value terms, China ($X), Malaysia ($X) and Australia ($X) were the largest fruit and berry suppliers to Singapore, with a combined X% share of total imports. The United States, South Africa, New Zealand, the Philippines, Thailand, Egypt and Vietnam lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Egypt, with a CAGR of X%, saw the highest growth rate of 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

The average fruit and berry import price stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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