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Singapore - Peas (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Green Peas Market Overview 2021

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Green Peas Market Size in Singapore

The Singaporean green peas market rose to $X in 2019, increasing 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). Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2012 to 2019, the growth of the market remained at a somewhat lower figure.

Green Peas Exports

Exports from Singapore

In 2019, after three years of decline, there was significant growth in shipments abroad of peas (green), when their volume increased by X% to X tonnes. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

In value terms, green peas exports expanded remarkably to $X in 2019. In general, exports, however, saw a perceptible reduction. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2015; however, from 2016 to 2019, exports remained at a lower figure.

Exports by Country

Malaysia (X tonnes), Bangladesh (X tonnes) and Cambodia (X kg) were the main destinations of green peas exports from Singapore, together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in Bangladesh, while shipments for the other leaders experienced mixed trend patterns.

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

From 2007 to 2019, the average annual growth rate of value to Malaysia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+X% per year) and Brunei Darussalam (-X% per year).

Export Prices by Country

The average green peas export price stood at $X per tonne in 2019, stabilizing at the previous year. In general, the export price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Brunei Darussalam ($X per tonne), while the average price for exports to Sri Lanka ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam, while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Singapore

In 2019, approx. X tonnes of peas (green) were imported into Singapore; approximately reflecting 2018 figures. Over the period under review, imports, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2012 to 2019, the growth imports remained at a lower figure.

In value terms, green peas imports rose to $X in 2019. Overall, imports, however, showed a notable expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, China (X tonnes) constituted the largest green peas supplier to Singapore, with a X% share of total imports. Moreover, green peas imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tonnes), fivefold. The third position in this ranking was occupied by Myanmar (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Myanmar (+X% per year).

In value terms, China ($X) constituted the largest supplier of green peas to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports. It was followed by Myanmar, with a X% share.

From 2007 to 2019, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Myanmar (+X% per year).

Import Prices by Country

The average green peas import price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Malaysia ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peas (green) in the world?
+
China (13M tonnes) remains the largest green peas consuming country worldwide, accounting for 61% of total volume. Moreover, green peas consumption in China exceeded the figures recorded by the second-largest consumer, India (5.6M tonnes), twofold.
What are the largest producers of peas (green) in the world?
+
China (13M tonnes) constituted the country with the largest volume of green peas production, comprising approx. 61% of total volume. Moreover, green peas production in China exceeded the figures recorded by the second-largest producer, India (5.6M tonnes), twofold.
What are the leading suppliers of peas (green) to Singapore?
+
In value terms, China ($1.1M) constituted the largest supplier of green peas to Singapore, comprising 72% of total imports. The second position in the ranking was occupied by Malaysia ($314K), with a 21% share of total imports. It was followed by Myanmar, with a 2.6% share.
What are the leading importers of peas (green) from Singapore?
+
In value terms, Malaysia ($12K) remains the key foreign market for green peas exports from Singapore, comprising 58% of total exports. The second position in the ranking was occupied by Bangladesh ($5.1K), with a 24% share of total exports. It was followed by Brunei Darussalam, with a 11% share.
What is the average export price for peas (green) in Singapore?
+
The average green peas export price stood at $2,448 per tonne in 2019, leveling off at the previous year.
What is the average import price for peas (green) in Singapore?
+
In 2019, the average green peas import price amounted to $3,144 per tonne, rising by 4.2% against the previous year.

Product coverage:
• FCL 417 - Peas, green

This report provides an in-depth analysis of the green peas 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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