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Singapore - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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Singapore: Sunflower Oilcake Market Overview 2021

Sunflower Oilcake Market Size in Singapore

The Singaporean sunflower oilcake market totaled $X in 2019, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Sunflower Oilcake Production in Singapore

In value terms, sunflower oilcake production stood at $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2019, production failed to regain the momentum.

Sunflower Oilcake Exports

Exports from Singapore

In 2019, sunflower oilcake exports from Singapore amounted to X tonnes, remaining constant against the previous year. Overall, exports continue to indicate a perceptible descent. Exports peaked at X tonnes in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

In value terms, sunflower oilcake exports stood at $X in 2019. In general, exports saw a noticeable setback. Exports peaked at $X in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tonnes) was the main destination for sunflower oilcake exports from Singapore, accounting for a X% share of total exports. Moreover, sunflower oilcake exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X kg), fourfold.

From 2007 to 2019, the average annual growth rate of volume to Indonesia amounted to -X%.

From 2007 to 2019, the average annual growth rate of value to Indonesia amounted to -X%.

Export Prices by Country

The average sunflower oilcake export price stood at $X per tonne in 2019, therefore, remained relatively stable against the previous year. Overall, the export price showed a mild increase. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2019, the country with the highest price was Indonesia ($X per tonne), while the average price for exports to Malaysia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia.

Sunflower Oilcake Imports

Imports into Singapore

In 2019, sunflower oilcake imports into Singapore fell dramatically to X tonnes, which is down by -X% against 2018. Overall, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes, and then declined sharply in the following year.

In value terms, sunflower oilcake imports skyrocketed to $X in 2019. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2019, India (X tonnes) constituted the largest supplier of sunflower oilcake to Singapore, accounting for a X% share of total imports. Moreover, sunflower oilcake imports from India exceeded the figures recorded by the second-largest supplier, Malaysia (X tonnes), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from India 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, India ($X) constituted the largest supplier of sunflower oilcake to Singapore, comprising X% of total imports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total imports.

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

Import Prices by Country

In 2019, the average sunflower oilcake import price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 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 2012 to 2019, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, 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 sunflower oilcake in the world?
+
China (16M tonnes) constituted the country with the largest volume of sunflower oilcake consumption, accounting for 17% of total volume. Moreover, sunflower oilcake consumption in China exceeded the figures recorded by the second-largest consumer, India (6.3M tonnes), threefold. The U.S. (5.4M tonnes) ranked third in terms of total consumption with a 6% share.
What are the largest producers of sunflower oilcake in the world?
+
China (15M tonnes) constituted the country with the largest volume of sunflower oilcake production, accounting for 17% of total volume. Moreover, sunflower oilcake production in China exceeded the figures recorded by the second-largest producer, India (6M tonnes), threefold. The U.S. (5.4M tonnes) ranked third in terms of total production with a 5.9% share.
What are the leading suppliers of sunflower oilcake to Singapore?
+
In value terms, India ($21K) constituted the largest supplier of sunflower oilcake to Singapore, comprising 93% of total imports. The second position in the ranking was occupied by Myanmar ($332), with a 1.5% share of total imports.
What is the average export price for sunflower oilcake in Singapore?
+
In 2019, the average sunflower oilcake export price amounted to $409 per tonne, approximately equating the previous year.
What is the average import price for sunflower oilcake in Singapore?
+
The average sunflower oilcake import price stood at $804 per tonne in 2019, surging by 393% against the previous year.

Product coverage:
• Prodcom 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils

This report provides an in-depth analysis of the sunflower oilcake 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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