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Singapore - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Pistachio Market Overview 2021

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Pistachio Market Size in Singapore

In 2019, the Singaporean pistachio market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated noticeable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Pistachio consumption peaked in 2019 and is expected to retain growth in the near future.

Pistachio Production in Singapore

In value terms, pistachio production declined to $X in 2019 estimated in export prices. Overall, production, however, saw a tangible increase. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2018, and then reduced in the following year.

The average yield of pistachios in Singapore stood at X kg per ha in 2019, flattening at 2018 figures. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of pistachios were harvested in Singapore; flattening at the year before. In general, the harvested area saw a relatively flat trend pattern.

Pistachio Exports

Exports from Singapore

In 2019, after three years of growth, there was significant decline in shipments abroad of pistachios, when their volume decreased by -X% to X tonnes. In general, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2018, and then shrank sharply in the following year.

In value terms, pistachio exports reduced notably to $X in 2019. Over the period under review, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Exports peaked at $X in 2018, and then declined rapidly in the following year.

Exports by Country

India (X tonnes), Malaysia (X tonnes) and Viet Nam (X tonnes) were the main destinations of pistachio exports from Singapore, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Viet Nam (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Malaysia ($X) and Viet Nam ($X) appeared to be the largest markets for pistachio exported from Singapore worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Viet Nam (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pistachio export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2009 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2015; however, from 2016 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 Viet Nam ($X per tonne), while the average price for exports to Seychelles ($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 Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Pistachio Imports

Imports into Singapore

In 2019, after four years of decline, there was significant growth in purchases abroad of pistachios, when their volume increased by X% to X tonnes. In general, imports posted measured growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

In value terms, pistachio imports surged to $X in 2019. Over the period under review, imports showed a prominent increase. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

The United Arab Emirates (X tonnes), the U.S. (X tonnes) and Iran (X tonnes) were the main suppliers of pistachio imports to Singapore, with a combined X% share of total imports. Hong Kong SAR, China, Jordan and Viet Nam lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Jordan (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), the U.S. ($X) and Iran ($X) appeared to be the largest pistachio suppliers to Singapore, with a combined X% share of total imports. Hong Kong SAR, China, Jordan and Viet Nam lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average pistachio import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, import price indicated a prominent increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, pistachio import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. The import price peaked at $X per tonne in 2018, and then declined in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, 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 pistachios in the world?
+
The countries with the highest volumes of pistachio consumption in 2019 were China (264K tonnes), Iran (259K tonnes) and the U.S. (108K tonnes), together accounting for 43% of global consumption.
What are the largest producers of pistachios in the world?
+
The countries with the highest volumes of pistachio production in 2019 were Iran (338K tonnes), the U.S. (336K tonnes) and China (212K tonnes), with a combined 61% share of global production.
What are the leading suppliers of pistachios to Singapore?
+
In value terms, the United Arab Emirates ($1.1M), the U.S. ($846K) and Iran ($660K) constituted the largest pistachio suppliers to Singapore, together comprising 81% of total imports. Hong Kong SAR, China, Jordan and Viet Nam lagged somewhat behind, together accounting for a further 14%.
What are the leading importers of pistachios from Singapore?
+
In value terms, India ($598K), Malaysia ($522K) and Viet Nam ($259K) constituted the largest markets for pistachio exported from Singapore worldwide, with a combined 77% share of total exports.
What is the average export price for pistachios in Singapore?
+
The average pistachio export price stood at $11,329 per tonne in 2019, which is down by -2.5% against the previous year.
What is the average import price for pistachios in Singapore?
+
In 2019, the average pistachio import price amounted to $9,078 per tonne, with a decrease of -3.2% against the previous year.

Product coverage:
• FCL 223 - Pistachios

This report provides an in-depth analysis of the pistachio 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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