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Singapore - Bakers’ And Active Yeast - Market Analysis, Forecast, Size, Trends And Insights
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View PricingActive Yeast Price in Singapore - 2022
Contents:
- Active Yeast Price in Singapore (CIF) - 2022
- Active Yeast Price in Singapore (FOB) - 2022
- Active Yeast Imports in Singapore
- Active Yeast Exports in Singapore
Active Yeast Price in Singapore (CIF) - 2022
In 2022, the average active yeast import price amounted to $3,888 per ton, picking up by 2.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 an increase of 18%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($4,269 per ton) and France ($4,212 per ton), while the price for Malaysia ($2,955 per ton) and Vietnam ($3,222 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Active Yeast Price in Singapore (FOB) - 2022
The average active yeast export price stood at $7,787 per ton in 2022, picking up by 35% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. Over the period under review, the average export prices hit record highs at $8,102 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($10,101 per ton), while the average price for exports to Myanmar ($3,246 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 the Philippines (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Active Yeast Imports in Singapore
In 2022, the amount of bakers and active yeast imported into Singapore declined significantly to 936 tons, with a decrease of -28.2% on 2021. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of 1.3K tons, and then contracted dramatically in the following year.
In value terms, active yeast imports fell rapidly to $3.6M in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of $4.9M, and then dropped remarkably in the following year.
Import of Active Yeast in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,313 | 1,164 | 1,108 | 1,313 | 0.0% |
China | 632 | 711 | 1,965 | 711 | 4.0% |
Malaysia | 765 | 792 | 849 | 644 | -5.6% |
Belgium | 387 | 324 | 417 | 412 | 2.1% |
Vietnam | N/A | 0.1 | 11.5 | 269 | 5086.5% |
Others | 447 | 372 | 595 | 289 | -13.5% |
Total | 3,543 | 3,362 | 4,946 | 3,638 | 0.9% |
Top Suppliers of Active Yeast to Singapore in 2022:
- France (311.7 tons)
- Malaysia (217.9 tons)
- China (198.3 tons)
- Belgium (96.5 tons)
- Vietnam (83.4 tons)
Active Yeast Exports in Singapore
In 2022, overseas shipments of bakers and active yeast decreased by -79.9% to 78 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 486%. As a result, the exports attained the peak of 387 tons, and then declined notably in the following year.
In value terms, active yeast exports contracted sharply to $607K in 2022. In general, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 317%. As a result, the exports reached the peak of $2.2M, and then dropped remarkably in the following year.
Export of Active Yeast in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 193 | 293 | 211 | 341 | 20.9% |
Maldives | 27.3 | 17.7 | 87.4 | 81.8 | 44.2% |
Brunei Darussalam | 36.4 | 50.6 | 47.6 | 65.3 | 21.5% |
Philippines | N/A | N/A | 0.1 | 49.0 | 48900.0% |
Cambodia | 7.8 | 10.2 | 34.8 | 19.8 | 36.4% |
Thailand | 0.7 | 1.3 | 0.3 | 11.0 | 150.5% |
Seychelles | 3.0 | 3.0 | 1.3 | 8.6 | 42.1% |
Papua New Guinea | N/A | N/A | 324 | N/A | 0% |
United Arab Emirates | 124 | 92.4 | 55.6 | N/A | -33.0% |
Brazil | N/A | N/A | 1,394 | N/A | 0% |
Others | 55.2 | 67.3 | 74.1 | 29.8 | -18.6% |
Total | 447 | 535 | 2,231 | 607 | 10.7% |
Top Export Markets for Active Yeast from Singapore in 2022:
- Malaysia (34.6 tons)
- Maldives (17.1 tons)
- Brunei Darussalam (11.4 tons)
- Philippines (4.9 tons)
- Cambodia (3.8 tons)
- Thailand (2.2 tons)
- Seychelles (2.1 tons)
This report provides an in-depth analysis of the active yeast 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 10891334 - Bakers
- Prodcom 10891339 - Active yeast (excluding bakers
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
-
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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