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Singapore - Fruits, Nuts And Peel (Sugar Preserved) - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Candied Fruit Market Overview 2021

Candied Fruit Market Size in Singapore

The Singaporean candied fruit market declined rapidly to $X in 2020, with a decrease of -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). In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Candied fruit consumption peaked at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Candied Fruit Exports

Exports from Singapore

For the third year in a row, Singapore recorded decline in shipments abroad of candied fruits, which decreased by -X% to X tonnes in 2020. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, candied fruit exports contracted markedly to $X in 2020. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tonnes), French Polynesia (X tonnes) and Indonesia (X tonnes) were the main destinations of candied fruit exports from Singapore, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by French Polynesia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), French Polynesia ($X) and Indonesia ($X) were the largest markets for candied fruit exported from Singapore worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, French Polynesia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average candied fruit export price stood at $X per tonne in 2020, reducing by -X% against the previous year. Overall, the export price, however, recorded mild growth. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Brunei Darussalam ($X per tonne), while the average price for exports to Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into Singapore

For the fifth year in a row, Singapore recorded decline in overseas purchases of candied fruits, which decreased by -X% to X tonnes in 2020. In general, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, candied fruit imports declined to $X in 2020. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest candied fruit supplier to Singapore, with a X% share of total imports. Moreover, candied fruit imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tonnes), twofold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Italy (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The average candied fruit import price stood at $X per tonne in 2020, surging by X% against the previous year. In general, import price indicated a notable expansion 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, candied fruit import price increased by +X% against 2016 indices. As a result, import price attained the peak level and is likely to continue 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 Viet Nam ($X per tonne), while the price for South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for candied fruits in the world?
+
The country with the largest volume of candied fruit consumption was China (64K tonnes), accounting for 33% of total volume. Moreover, candied fruit consumption in China exceeded the figures recorded by the second-largest consumer, Thailand (31K tonnes), twofold. Ireland (11K tonnes) ranked third in terms of total consumption with a 5.6% share.
What are the largest producers of candied fruits in the world?
+
The country with the largest volume of candied fruit production was China (201K tonnes), comprising approx. 61% of total volume. Moreover, candied fruit production in China exceeded the figures recorded by the second-largest producer, Thailand (76K tonnes), threefold.
What are the leading suppliers of candied fruits to Singapore?
+
In value terms, China ($4.8M) constituted the largest supplier of candied fruit to Singapore, comprising 55% of total imports. The second position in the ranking was occupied by Malaysia ($1.9M), with a 22% share of total imports. It was followed by Thailand, with a 4.5% share.
What are the leading importers of candied fruits from Singapore?
+
In value terms, the largest markets for candied fruit exported from Singapore were Malaysia ($933K), French Polynesia ($625K) and Indonesia ($185K), with a combined 73% share of total exports.
What is the average export price for candied fruits in Singapore?
+
The average candied fruit export price stood at $2,664 per tonne in 2020, waning by -4.8% against the previous year.
What is the average import price for candied fruits in Singapore?
+
The average candied fruit import price stood at $3,402 per tonne in 2020, jumping by 58% against the previous year.

Product coverage:
• FCL 625 - Fruit, Nuts, Peel, Sugar Preserved

This report provides an in-depth analysis of the candied fruit 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.


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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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