Singapore - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Baking Powder Price in Singapore - 2022
Contents:
- Prepared Baking Powder Price in Singapore (CIF) - 2022
- Prepared Baking Powder Price in Singapore (FOB) - 2022
- Prepared Baking Powder Imports in Singapore
- Prepared Baking Powder Exports in Singapore
Prepared Baking Powder Price in Singapore (CIF) - 2022
The average prepared baking powder import price stood at $5,046 per ton in September 2022, with an increase of 14% against the previous month. Over the period under review, the import price saw a resilient increase. The pace of growth was the most pronounced in January 2022 when the average import price increased by 61% against the previous month. Over the period under review, average import prices attained the maximum in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Spain ($6,721 per ton), while the price for Japan ($4,060 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Baking Powder Price in Singapore (FOB) - 2022
In September 2022, the average prepared baking powder export price amounted to $9,679 per ton, declining by -10.3% against the previous month. Overall, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in March 2022 an increase of 77% against the previous month. Over the period under review, the average export prices attained the peak figure at $10,794 per ton in August 2022, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($12,041 per ton), while the average price for exports to Cambodia ($1,448 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Baking Powder Imports in Singapore
In 2022, imports of prepared baking powders into Singapore dropped to 1.2K tons, with a decrease of -7.9% compared with the year before. Over the period under review, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 0.4%.
In value terms, prepared baking powder imports rose sharply to $3.7M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Prepared Baking Powder in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1,830 | 1,918 | 2,064 | 2,484 | 10.7% |
Cyprus | 440 | 386 | 343 | 414 | -2.0% |
Spain | 398 | 463 | 412 | 370 | -2.4% |
United States | 330 | 274 | 307 | 270 | -6.5% |
China | 62.6 | 63.0 | 63.5 | 61.9 | -0.4% |
Others | 158 | 190 | 173 | 149 | -1.9% |
Total | 3,218 | 3,293 | 3,363 | 3,749 | 5.2% |
Top Suppliers of Prepared Baking Powder to Singapore in 2022:
- Malaysia (871.5 tons)
- United States (132.7 tons)
- Spain (80.9 tons)
- Cyprus (59.6 tons)
- China (34.2 tons)
Prepared Baking Powder Exports in Singapore
After two years of decline, overseas shipments of prepared baking powders increased by 50% to 697 tons in 2022. Overall, total exports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, prepared baking powder exports soared to $4.3M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Prepared Baking Powder in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 35.8 | 10.7 | 20.5 | 2,526 | 313.2% |
Hong Kong SAR | 795 | 765 | 774 | 964 | 6.6% |
Bangladesh | 490 | 546 | 365 | 397 | -6.8% |
Vietnam | 189 | 165 | 167 | 101 | -18.9% |
Malaysia | 137 | 76.4 | 154 | 92.3 | -12.3% |
Australia | 42.9 | 33.3 | 55.9 | 77.3 | 21.7% |
Brunei Darussalam | 64.5 | 57.4 | 73.8 | 50.4 | -7.9% |
Maldives | 62.9 | 39.8 | 34.9 | 33.3 | -19.1% |
Cambodia | 96.8 | 38.7 | 13.5 | 17.4 | -43.6% |
Myanmar | 4.5 | 1.7 | 10.7 | 12.6 | 40.9% |
Others | 45.0 | 41.9 | 68.1 | 26.4 | -16.3% |
Total | 1,965 | 1,776 | 1,737 | 4,298 | 29.8% |
Top Export Markets for Prepared Baking Powder from Singapore in 2022:
- Indonesia (279.1 tons)
- Hong Kong SAR (209.0 tons)
- Bangladesh (81.7 tons)
- Vietnam (31.0 tons)
- Malaysia (28.4 tons)
- Australia (14.5 tons)
- Myanmar (13.8 tons)
- Maldives (12.9 tons)
- Brunei Darussalam (10.6 tons)
- Cambodia (6.8 tons)
This report provides an in-depth analysis of the prepared baking powder 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 2030.
Product coverage:
- Prodcom 10891370 - Prepared baking powders
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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