Singapore - Mushrooms (Canned) - Market Analysis, Forecast, Size, Trends and Insights

Singapore: Canned Mushroom Market Overview 2019

Canned Mushroom Market Size in Singapore

The revenue of the canned mushroom market in Singapore amounted to $X in 2017, shrinking by -X% against the previous year. In general, canned mushroom consumption continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. In that year, the canned mushroom market reached their peak level of $X. From 2011 to 2017, growth of the canned mushroom market failed to regain its momentum.

Canned Mushroom Production in Singapore

In 2017, canned mushroom production in Singapore stood at X kg, flattening at the previous year. Overall, canned mushroom production continues to indicate a relatively flat trend pattern.

Canned Mushroom Exports from Singapore

In 2017, exports of mushrooms (canned) from Singapore stood at X tonnes, declining by -X% against the previous year. Overall, canned mushroom exports continue to indicate an abrupt contraction. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. Singapore exports peaked of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, canned mushroom exports totaled $X in 2017. Overall, canned mushroom exports continue to indicate a mild decline. Over the period under review, the canned mushroom exports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Canned Mushroom Exports by Country from Singapore

China prevails in canned mushroom exports structure, accounting for X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by China, Hong Kong SAR (X tonnes), creating X% share of total exports. Zambia (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Zambia (+X%), China, Hong Kong SAR (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of the Netherlands, Zambia, China, Hong Kong SAR and China decreased by -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest canned mushroom supplier from Singapore, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and the Netherlands (+X% per year).

Canned Mushroom Export Prices by Country in Singapore

The canned mushroom export price in Singapore stood at $X per kg in 2017, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012, an increase of X% y-o-y. In that year, the export prices for mushrooms (canned) reached their peak level of $X per kg. From 2013 to 2017, growth of the export prices for mushrooms (canned) stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per kg), while Zambia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Canned Mushroom Imports into Singapore

In 2017, canned mushroom imports into Singapore totaled X tonnes, declining by -X% against the previous year. In general, canned mushroom imports continue to indicate a significant reduction. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. Over the period under review, the canned mushroom imports attained its maximum volume of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, canned mushroom imports stood at $X in 2017. In general, the total imports indicated a modest growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the canned mushroom imports decreased by -X% against 2013 indices. In that year, the canned mushroom imports attained their peak level of $X. From 2014 to 2017, growth of the canned mushroom imports failed to regain its momentum.

Canned Mushroom Imports by Country into Singapore

Viet Nam was the main importing country with an import of around X tonnes, which amounted to X% of total imports. Thailand (X tonnes) ranks second in terms of the global imports with a X% share, followed by China, Hong Kong SAR (X%) and Malaysia (X%). Japan (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Viet Nam ($X) constitutes the largest market for imported mushrooms (canned) into Singapore, making up X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global imports. It was followed by Thailand, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Viet Nam amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and Thailand (+X% per year).

Canned Mushroom Import Prices by Country in Singapore

In 2017, the canned mushroom import price in Singapore amounted to $X per kg, going up by X% against the previous year. Overall, the import price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the canned mushroom import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, an increase of X% y-o-y. Over the period under review, the import prices for mushrooms (canned) attained its peak figure level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per kg), while Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform