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Singapore - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Plantain Market Overview 2021

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Plantain Market Size in Singapore

After two years of growth, the Singaporean plantain market decreased by -X% to $X in 2019. Overall, consumption faced a abrupt setback. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. Plantain consumption peaked at $X in 2018, and then contracted rapidly in the following year.

Plantain Exports

Exports from Singapore

After six years of decline, overseas shipments of plantains increased by X% to X tonnes in 2019. In general, exports, however, recorded a pronounced descent. Exports peaked at X tonnes in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, plantain exports skyrocketed to $X in 2019. Overall, exports, however, showed a relatively flat trend pattern. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tonnes) was the main destination for plantain exports from Singapore, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Malaysia was relatively modest.

In value terms, Malaysia ($X) also remains the key foreign market for plantain exports from Singapore.

From 2012 to 2019, the average annual growth rate of value to Malaysia amounted to +X%.

Export Prices by Country

In 2019, the average plantain export price amounted to $X per tonne, jumping by X% against the previous year. Overall, the export price posted notable growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2019, the rate of growth in terms of prices for Malaysia amounted to +X% per year.

Plantain Imports

Imports into Singapore

In 2019, after two years of growth, there was significant decline in supplies from abroad of plantains, when their volume decreased by -X% to X tonnes. In general, imports showed a significant decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2016 to 2019, the growth imports failed to regain the momentum.

In value terms, plantain imports reduced remarkably to $X in 2019. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2018, and then shrank sharply in the following year.

Imports by Country

The Philippines (X tonnes), Indonesia (X tonnes) and Malaysia (X tonnes) were the main suppliers of plantain imports to Singapore, with a combined X% share of total imports.

From 2012 to 2019, the biggest increases were in the Philippines (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2019, the average annual rate of growth in terms of value from the Philippines totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Malaysia (+X% per year).

Import Prices by Country

In 2019, the average plantain import price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the import price saw resilient growth. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure in 2019 and is likely to continue growth in years to come.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plantains in the world?
+
The countries with the highest volumes of plantain consumption in 2019 were Ghana (4.9M tonnes), Democratic Republic of the Congo (4.9M tonnes) and Cameroon (4.8M tonnes), together accounting for 35% of global consumption. These countries were followed by Uganda, Nigeria, the Philippines, Peru, Colombia, Cote d'Ivoire, Myanmar, the Dominican Republic, Rwanda and Venezuela, which together accounted for a further 47%.
What are the largest producers of plantains in the world?
+
The countries with the highest volumes of plantain production in 2019 were Ghana (4.9M tonnes), Democratic Republic of the Congo (4.9M tonnes) and Cameroon (4.8M tonnes), together comprising 34% of global production. These countries were followed by Uganda, Nigeria, the Philippines, Peru, Colombia, Cote d'Ivoire, Myanmar, the Dominican Republic, Rwanda and Venezuela, which together accounted for a further 47%.
What are the leading suppliers of plantains to Singapore?
+
In value terms, the Philippines ($7.4K) constituted the largest supplier of plantain to Singapore, comprising 63% of total imports. The second position in the ranking was occupied by Indonesia ($2.8K), with a 24% share of total imports. It was followed by Malaysia, with a 5.3% share.
What are the leading importers of plantains from Singapore?
+
In value terms, Malaysia ($1.3K) remains the key foreign market for plantain exports from Singapore.
What is the average export price for plantains in Singapore?
+
The average plantain export price stood at $917 per tonne in 2019, increasing by 55% against the previous year.
What is the average import price for plantains in Singapore?
+
The average plantain import price stood at $1,277 per tonne in 2019, growing by 35% against the previous year.

Product coverage:
• FCL 489 -

This report provides an in-depth analysis of the plantain 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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