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Singapore - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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Singapore: Pyrethrum And Peppermint Market Overview 2021

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Pyrethrum And Peppermint Market Size in Singapore

The Singaporean pyrethrum and peppermint market reduced to $X in 2019, with a decrease of -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). Overall, consumption saw a moderate increase. The pace of growth was the most pronounced in 2009 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Pyrethrum And Peppermint Exports

Exports from Singapore

In 2019, overseas shipments of pyrethrum and peppermint increased by X% to X tonnes, rising for the second consecutive year after four years of decline. Overall, exports, however, saw a pronounced decline. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2012 to 2019, the growth exports failed to regain the momentum.

In value terms, pyrethrum and peppermint exports soared to $X in 2019. Over the period under review, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Guatemala (X tonnes), Hong Kong SAR (X tonnes) and Nigeria (X tonnes) were the main destinations of pyrethrum and peppermint exports from Singapore, with a combined X% share of total exports. These countries were followed by Australia, India, Saudi Arabia and Canada, which together accounted for a further X 2007 to 2019, the biggest increases were in India, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for pyrethrum and peppermint exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Hong Kong SAR stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Guatemala (X% per year).

Export Prices by Country

The average pyrethrum and peppermint export price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the export price recorded a slight slump. The growth pace was the most rapid in 2012 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Saudi Arabia ($X per tonne), while the average price for exports to Guatemala ($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 Canada, while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum And Peppermint Imports

Imports into Singapore

In 2019, approx. X tonnes of pyrethrum and peppermint were imported into Singapore; which is down by -X% on the previous year's figure. Overall, imports recorded a pronounced decrease. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports remained at a lower figure.

In value terms, pyrethrum and peppermint imports rose notably to $X in 2019. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, China (X tonnes) constituted the largest pyrethrum and peppermint supplier to Singapore, accounting for a X% share of total imports. Moreover, pyrethrum and peppermint imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tonnes), twofold. Pakistan (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Pakistan (+X% per year).

In value terms, China ($X) constituted the largest supplier of pyrethrum and peppermint to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2019, the average pyrethrum and peppermint import price amounted to $X per tonne, growing by X% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Hong Kong SAR ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

From 2007 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 more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrethrum and peppermint in the world?
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The countries with the highest volumes of pyrethrum and peppermint consumption in 2019 were China (107K tonnes), the U.S. (69K tonnes) and Germany (46K tonnes), together accounting for 30% of global consumption. India, Morocco, Japan, South Korea, Taiwan (Chinese), Egypt, Hong Kong SAR, Nigeria, Kazakhstan and the UK lagged somewhat behind, together comprising a further 34%.
What are the largest producers of pyrethrum and peppermint in the world?
+
The country with the largest volume of pyrethrum and peppermint production was China (206K tonnes), comprising approx. 28% of total volume. Moreover, pyrethrum and peppermint production in China exceeded the figures recorded by the second-largest producer, Morocco (67K tonnes), threefold. India (65K tonnes) ranked third in terms of total production with a 9% share.
What are the leading suppliers of pyrethrum and peppermint to Singapore?
+
In value terms, China ($20M) constituted the largest supplier of pyrethrum and peppermint to Singapore, comprising 60% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($3.4M), with a 10% share of total imports. It was followed by Indonesia, with a 9.9% share.
What are the leading importers of pyrethrum and peppermint from Singapore?
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In value terms, Hong Kong SAR ($1.3M) remains the key foreign market for pyrethrum and peppermint exports from Singapore, comprising 42% of total exports. The second position in the ranking was occupied by Saudi Arabia ($454K), with a 14% share of total exports. It was followed by Guatemala, with a 13% share.
What is the average export price for pyrethrum and peppermint in Singapore?
+
The average pyrethrum and peppermint export price stood at $5,248 per tonne in 2019, with a decrease of -32.5% against the previous year.
What is the average import price for pyrethrum and peppermint in Singapore?
+
The average pyrethrum and peppermint import price stood at $9,492 per tonne in 2019, rising by 10% against the previous year.

Product coverage:
• FCL 754 - Pyrethrum, dried flowers
• FCL 748 - Peppermint, Spearmint

This report provides an in-depth analysis of the pyrethrum and peppermint 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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