Singapore - Oranges - Market Analysis, Forecast, Size, Trends and Insights

Singapore: Orange Market Overview 2019

Orange Market Size in Singapore

The revenue of the orange market in Singapore amounted to $X in 2017, declining 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). The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2013, with an increase of X% against the previous year. Over the period under review, the orange market reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Orange Exports from Singapore

Orange exports from Singapore totaled X tonnes in 2017, going up by X% against the previous year. Overall, orange exports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2014, when exports increased by X% against the previous year. In that year, the orange exports attained their peak volume of X tonnes. From 2015 to 2017, growth of the orange exports stood at a somewhat lower level.

In value terms, orange exports totaled $X in 2017. In general, orange exports continue to indicate a notable expansion. Over the period under review, the orange exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Orange Exports by Country from Singapore

Malaysia (X tonnes), Brunei Darussalam (X tonnes) and Indonesia (X tonnes) were the main destinations of orange exports from Singapore, together accounting for X% of total exports. These countries were followed by Cambodia, Timor-Leste, Thailand and Viet Nam, which together accounted for a further X%.

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

In value terms, Malaysia ($X), Brunei Darussalam ($X) and Indonesia ($X) appeared to be the largest markets for orange exported from Singapore worldwide, with a combined X% share of total exports. Cambodia, Timor-Leste, Thailand and Viet Nam lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination , Viet Nam (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Orange Export Prices by Country in Singapore

In 2017, the average orange export price amounted to $X per tonne, going down by -X% against the previous year. In general, orange export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2010, when the average export prices increased by X% year-to-year. Over the period under review, the average export prices for oranges reached its peak figure level of $X per tonne in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat for the major foreign markets. In 2017, the countries with the highest export prices were Viet Nam ($X per tonne) and Brunei Darussalam ($X per tonne), while average price for exports to Thailand ($X per tonne) and Cambodia ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Viet Nam (+X% per year), the export prices for other major destinations experienced a decline.

Orange Imports into Singapore

In 2017, imports of oranges into Singapore amounted to X tonnes, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014, when imports increased by X% year-to-year. Over the period under review, the orange imports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, orange imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. In that year, the orange imports attained their peak level of $X. From 2014 to 2017, growth of the orange imports stood at a somewhat lower level.

Orange Imports by Country into Singapore

The U.S. (X tonnes), South Africa (X tonnes) and Australia (X tonnes) were the main suppliers of orange imports to Singapore, with a combined X% share of total imports.

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

In value terms, the U.S. ($X), South Africa ($X) and Australia ($X) appeared to be the largest orange suppliers to Singapore, together comprising X% of total imports.

The U.S. (+X% per year) recorded the highest growth rate of imports, among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Orange Import Prices by Country in Singapore

The average orange import price stood at $X per tonne in 2017, falling by -X% against the previous year. Overall, orange import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when it surged by X% against the previous year. In that year, the average import prices for oranges attained their peak level of $X per tonne. From 2014 to 2017, growth of the average import prices for oranges stood at a somewhat lower level.

Average import prices varied noticeably amongst the major supplying countries. In 2017, the countries with the highest import prices were Australia ($X per tonne) and South Africa ($X per tonne), while prices for orange imports from China ($X per tonne) and Spain ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Egypt (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform