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Singapore - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Mustard Seed Market Overview 2021

Mustard Seed Market Size in Singapore

In 2020, the Singaporean mustard seed market increased by X% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption recorded a prominent increase. The pace of growth was the most pronounced in 2014 when the market value increased by X% against the previous year. Mustard seed consumption peaked in 2020 and is likely to see steady growth in the immediate term.

Mustard Seed Exports

Exports from Singapore

In 2020, shipments abroad of mustard seed was finally on the rise to reach X tonnes after two years of decline. Overall, exports showed a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2018 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, mustard seed exports skyrocketed to $X in 2020. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2017 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 failed to regain the momentum.

Exports by Country

Fiji (X tonnes) was the main destination for mustard seed exports from Singapore, accounting for a X% share of total exports. Moreover, mustard seed exports to Fiji exceeded the volume sent to the second major destination, Brunei Darussalam (X tonnes), twofold. The third position in this ranking was occupied by South Africa (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Fiji was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (+X% per year) and South Africa (-X% per year).

In value terms, Fiji ($X) remains the key foreign market for mustard seed exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Brunei Darussalam ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Fiji totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brunei Darussalam (+X% per year) and South Africa (-X% per year).

Export Prices by Country

The average mustard seed export price stood at $X per tonne in 2020, waning by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Italy ($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 France, while the prices for the other major destinations experienced more modest paces of growth.

Mustard Seed Imports

Imports into Singapore

Mustard seed imports into Singapore reached X tonnes in 2020, picking up by X% compared with the year before. Over the period under review, total imports indicated buoyant growth from 2007 to 2020: its volume 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, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, mustard seed imports surged to $X in 2020. Overall, imports showed resilient growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

Imports by Country

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

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

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

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

Import Prices by Country

In 2020, the average mustard seed import price amounted to $X per tonne, picking up by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2020 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for India ($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 mustard seed in the world?
+
The country with the largest volume of mustard seed consumption was Nepal (254K tonnes), accounting for 34% of total volume. Moreover, mustard seed consumption in Nepal exceeded the figures recorded by the second-largest consumer, the U.S. (80K tonnes), threefold. Russia (71K tonnes) ranked third in terms of total consumption with a 9.5% share.
What are the largest producers of mustard seed in the world?
+
The countries with the highest volumes of mustard seed production in 2020 were Nepal (218K tonnes), Russia (158K tonnes) and Canada (135K tonnes), together accounting for 66% of global production. These countries were followed by Ukraine, India, Myanmar and the U.S., which together accounted for a further 20%.
What are the leading suppliers of mustard seed to Singapore?
+
In value terms, India ($165K) constituted the largest supplier of mustard seed to Singapore, comprising 65% of total imports. The second position in the ranking was occupied by Malaysia ($26K), with a 10% share of total imports. It was followed by the U.S., with a 6.3% share.
What are the leading importers of mustard seed from Singapore?
+
In value terms, Fiji ($19K) remains the key foreign market for mustard seed exports from Singapore, comprising 42% of total exports. The second position in the ranking was occupied by Brunei Darussalam ($8.9K), with a 20% share of total exports. It was followed by South Africa, with a 9.8% share.
What is the average export price for mustard seed in Singapore?
+
The average mustard seed export price stood at $982 per tonne in 2020, which is down by -8.6% against the previous year.
What is the average import price for mustard seed in Singapore?
+
In 2020, the average mustard seed import price amounted to $1,125 per tonne, surging by 27% against the previous year.

Product coverage:
• FCL 292 - Mustard seed

This report provides an in-depth analysis of the mustard seed 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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