Singapore: Vegetable And Melon Market 2024

Vegetable And Melon Market Size in Singapore

After six years of growth, the Singaporean vegetable and melon market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Vegetable and melon consumption peaked at $X in 2021, and then declined slightly in the following year.

Vegetable And Melon Production in Singapore

In value terms, vegetable and melon production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Vegetable and melon production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of vegetables and melons in Singapore declined slightly to X tons per ha in 2022, almost unchanged from 2021. Over the period under review, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. The vegetable and melon yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The vegetable and melon harvested area in Singapore contracted slightly to X ha in 2022, remaining constant against the previous year's figure. In general, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The vegetable and melon harvested area peaked at X ha in 2019; afterwards, it flattened through to 2022.

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Vegetable And Melon Exports

Exports from Singapore

In 2022, exports of vegetables and melons from Singapore expanded rapidly to X tons, with an increase of X% on the previous year. In general, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vegetable and melon exports amounted to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for vegetable and melon exports from Singapore, with a X% share of total exports. Moreover, vegetable and melon exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Brunei Darussalam (X% per year).

In value terms, the largest markets for vegetable and melon exported from Singapore were Indonesia ($X), Malaysia ($X) and Brunei Darussalam ($X), with a combined X% share of total exports.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average vegetable and melon export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (X%), while the prices for the other major destinations experienced mixed trend patterns.

Vegetable And Melon Imports

Imports into Singapore

In 2022, supplies from abroad of vegetables and melons decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, vegetable and melon imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2021, and then shrank modestly in the following year.

Imports by Country

Malaysia (X tons), China (X tons) and India (X tons) were the main suppliers of vegetable and melon imports to Singapore, with a combined X% share of total imports. Australia, Thailand, Indonesia, Pakistan and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable and melon suppliers to Singapore were Malaysia ($X), China ($X) and Australia ($X), with a combined X% share of total imports. Thailand, India, Indonesia, the United States and Pakistan lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vegetable and melon import price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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