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Singapore - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Poppy Seed Market Overview 2021

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Poppy Seed Market Size in Singapore

In 2019, the Singaporean poppy seed market was finally on the rise to reach $X for the first time since 2013, thus ending a five-year declining trend. Over the period under review, consumption, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2011 to 2019, the growth of the market remained at a somewhat lower figure.

Poppy Seed Production in Singapore

In value terms, poppy seed production shrank to $X in 2019 estimated in export prices. Over the period under review, production posted prominent growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X, and then fell in the following year.

In 2019, the average yield of poppy seed in Singapore amounted to X kg per ha, flattening at 2018. In general, the yield saw 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 poppy seed were harvested in Singapore; therefore, remained relatively stable against the previous year. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Poppy Seed Exports

Exports from Singapore

For the ninth consecutive year, Singapore recorded growth in shipments abroad of poppy seed, which increased by X% to X kg in 2019. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked in 2019 and are expected to retain growth in the near future.

In value terms, poppy seed exports amounted to $X in 2019. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in the immediate term.

Exports by Country

Maldives (X kg) was the main destination for poppy seed exports from Singapore, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Maldives stood at +X%.

In value terms, Maldives ($X) also remains the key foreign market for poppy seed exports from Singapore.

From 2007 to 2019, the average annual growth rate of value to Maldives totaled +X%.

Export Prices by Country

In 2019, the average poppy seed export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. The export price peaked at $X per tonne in 2018, and then shrank in the following year.

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

From 2007 to 2019, the rate of growth in terms of prices for Maldives amounted to +X% per year.

Poppy Seed Imports

Imports into Singapore

In 2019, purchases abroad of poppy seed was finally on the rise to reach X kg after five years of decline. In general, imports showed mild growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Imports peaked at X kg in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, poppy seed imports surged to $X in 2019. Over the period under review, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X kg) and India (X kg) were the main suppliers of poppy seed imports to Singapore.

From 2007 to 2019, the biggest increases were in the Netherlands.

In value terms, India ($X) constituted the largest supplier of poppy seed to Singapore, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from India stood at +X%.

Import Prices by Country

In 2019, the average poppy seed import price amounted to $X per tonne, picking up by X% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2012 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average 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 India ($X per tonne), while the price for the Netherlands stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for poppy seed in the world?
+
India (17K tonnes) constituted the country with the largest volume of poppy seed consumption, comprising approx. 18% of total volume. Moreover, poppy seed consumption in India exceeded the figures recorded by the second-largest consumer, Germany (8.1K tonnes), twofold. Russia (7.2K tonnes) ranked third in terms of total consumption with a 7.7% share.
What are the largest producers of poppy seed in the world?
+
The countries with the highest volumes of poppy seed production in 2019 were Turkey (27K tonnes), the Czech Republic (18K tonnes) and Spain (14K tonnes), with a combined 57% share of global production. Australia, China, France, Hungary, Croatia, Germany, the UK, Slovakia and Austria lagged somewhat behind, together comprising a further 36%.
What are the leading suppliers of poppy seed to Singapore?
+
In value terms, India ($193) constituted the largest supplier of poppy seed to Singapore, comprising 68% of total imports. The second position in the ranking was occupied by the Netherlands ($90), with a 32% share of total imports.
What are the leading importers of poppy seed from Singapore?
+
In value terms, Maldives ($959) remains the key foreign market for poppy seed exports from Singapore.
What is the average export price for poppy seed in Singapore?
+
The average poppy seed export price stood at $2,350 per tonne in 2019, dropping by -8.3% against the previous year.
What is the average import price for poppy seed in Singapore?
+
The average poppy seed import price stood at $5,145 per tonne in 2019, increasing by 7.8% against the previous year.

Product coverage:
• FCL 296 - Poppy seed

This report provides an in-depth analysis of the poppy seed 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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