Singapore: Orange Juice Market Overview 2020

Orange Juice Market Size in Singapore

The revenue of the orange juice market in Singapore amounted to $X in 2018, rising 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, orange juice consumption, however, continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, the orange juice market reached its maximum level at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Orange Juice Exports

Exports from Singapore

In 2018, the orange juice exports from Singapore amounted to X tonnes, falling by -X% against the previous year. In general, orange juice exports, however, continue to indicate mild growth. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Exports peaked at X tonnes in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, orange juice exports amounted to $X in 2018. In general, orange juice exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, orange juice exports attained their maximum at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

Malaysia (X tonnes) was the main destination for orange juice exports from Singapore, with a X% share of total exports. Moreover, orange juice exports to Malaysia exceeded the volume sent to the second major destination, Congo (X tonnes), fivefold. South Korea (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Malaysia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+X% per year) and South Korea (+X% per year).

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

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

Export Prices by Country

In 2018, the average orange juice export price amounted to $X per tonne, going up by X% against the previous year. Over the period under review, the orange juice export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was India ($X per tonne), while the average price for exports to Taiwan, Chinese ($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 Mauritius, while the prices for the other major destinations experienced more modest paces of growth.

Orange Juice Imports

Imports into Singapore

In 2018, the orange juice imports into Singapore totaled X tonnes, falling by -X% against the previous year. Overall, orange juice imports, however, continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, orange juice imports totaled $X in 2018. Over the period under review, the total imports indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, orange juice imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tonnes), the U.S. (X tonnes) and the Netherlands (X tonnes) were the main suppliers of orange juice imports to Singapore, with a combined X% share of total imports. These countries were followed by South Korea, Malaysia, Cyprus, Indonesia, France, Israel, Spain and Belgium, 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 France (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), the U.S. ($X) and the Netherlands ($X) constituted the largest orange juice suppliers to Singapore, with a combined X% share of total imports. These countries were followed by Israel, South Korea, Malaysia, France, Indonesia, Belgium, Cyprus and Spain, which together accounted for a further X terms of the main suppliers, France recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orange juice import price stood at $X per tonne in 2018, picking up by X% against the previous year. In general, the orange juice import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($X per tonne), while the price for Cyprus ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform