Singapore - Grapefruit Juice - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Singapore: Grapefruit Juice Market Overview 2020

Grapefruit Juice Market Size in Singapore

The revenue of the grapefruit juice market in Singapore amounted to $X in 2018, dropping 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). In general, grapefruit juice consumption, however, continues to indicate remarkable growth. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. In that year, the grapefruit juice market attained its peak level of $X. From 2016 to 2018, the growth of the grapefruit juice market remained at a lower figure.

Grapefruit Juice Exports

Exports from Singapore

In 2018, approx. X tonnes of grapefruit juice were exported from Singapore; coming down by -X% against the previous year. In general, grapefruit juice exports continue to indicate an abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Exports peaked at X tonnes in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, grapefruit juice exports stood at $X in 2018. Over the period under review, grapefruit juice exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X kg), Seychelles (X kg) and Malaysia (X kg) were the main destinations of grapefruit juice exports from Singapore, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Seychelles, while the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X) remains the key foreign market for grapefruit juice exports from Singapore, comprising X% of total grapefruit juice exports. The second position in the ranking was occupied by Seychelles ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Myanmar stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Seychelles (+X% per year) and Malaysia (-X% per year).

Export Prices by Country

The average grapefruit juice export price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the export price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, grapefruit juice export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2012 an increase of X% y-o-y. The export price peaked in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Myanmar ($X per tonne), while the average price for exports to Seychelles ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar, while the prices for the other major destinations experienced a decline.

Grapefruit Juice Imports

Imports into Singapore

Grapefruit juice imports into Singapore stood at X tonnes in 2018, waning by -X% against the previous year. Overall, grapefruit juice imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. In that year, grapefruit juice imports attained their peak of X tonnes. From 2016 to 2018, the growth of grapefruit juice imports failed to regain its momentum.

In value terms, grapefruit juice imports amounted to $X in 2018. Over the period under review, grapefruit juice imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. In that year, grapefruit juice imports reached their peak of $X. From 2016 to 2018, the growth of grapefruit juice imports remained at a lower figure.

Imports by Country

The U.S. (X tonnes), Cyprus (X tonnes) and South Africa (X tonnes) were the main suppliers of grapefruit juice imports to Singapore, together accounting for X% of total imports. These countries were followed by Israel, Bangladesh, Spain and the United Arab Emirates, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Bangladesh, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of grapefruit juice to Singapore, comprising X% of total grapefruit juice imports. The second position in the ranking was occupied by Israel ($X), with a X% share of total imports. It was followed by Cyprus, with a X% share.

From 2007 to 2018, the average annual growth rate of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+X% per year) and Cyprus (+X% per year).

Import Prices by Country

In 2018, the average grapefruit juice import price amounted to $X per tonne, jumping by X% against the previous year. In general, the grapefruit juice import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for grapefruit juice attained their maximum at $X per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while the price for Cyprus ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform