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Singapore - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCocoa Butter Price in Singapore - 2022
Contents:
- Cocoa Butter Price in Singapore (FOB) - 2022
- Cocoa Butter Price in Singapore (CIF) - 2022
- Cocoa Butter Exports in Singapore
- Cocoa Butter Imports in Singapore
Cocoa Butter Price in Singapore (FOB) - 2022
The average cocoa butter export price stood at $5,780 per ton in September 2022, declining by -2.3% against the previous month. Over the period under review, the export price continues to indicate a mild reduction. The growth pace was the most rapid in April 2022 an increase of 2.4% against the previous month. The export price peaked at $6,555 per ton in January 2022; however, from February 2022 to September 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In September 2022, the countries with the highest prices were the United Arab Emirates ($6,867 per ton) and New Zealand ($6,688 per ton), while the average price for exports to Japan ($4,963 per ton) and South Africa ($5,435 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Cocoa Butter Price in Singapore (CIF) - 2022
The average cocoa butter import price stood at $7,479 per ton in September 2022, waning by -6.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2022 an increase of 9.9% against the previous month. As a result, import price attained the peak level of $8,027 per ton. From May 2022 to September 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Malaysia ($7,723 per ton), while the price for Indonesia stood at $5,119 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-0.8%).
Cocoa Butter Exports in Singapore
In 2022, the amount of cocoa butter exported from Singapore totaled 29K tons, stabilizing at 2021 figures. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 31K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cocoa butter exports declined to $129M in 2022. Over the period under review, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports attained the peak of $173M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Cocoa Butter in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 30.3 | 28.0 | 26.6 | 27.4 | -3.3% |
Netherlands | 5.9 | 0.6 | 10.1 | 15.8 | 38.9% |
China | 19.3 | 13.1 | 12.3 | 13.5 | -11.2% |
Israel | 10.9 | 13.9 | 11.4 | 13.1 | 6.3% |
Japan | 10.4 | 8.2 | 8.0 | 8.4 | -6.9% |
Estonia | N/A | N/A | 0.5 | 7.9 | 1480.0% |
Malaysia | 4.7 | 19.1 | 15.0 | 7.4 | 16.3% |
South Africa | 4.2 | 5.4 | 7.5 | 7.2 | 19.7% |
New Zealand | 5.6 | 9.6 | 5.4 | 4.7 | -5.7% |
Russia | 20.1 | 40.4 | 18.0 | 4.1 | -41.1% |
South Korea | 3.7 | 2.9 | 3.7 | 3.6 | -0.9% |
Egypt | 7.4 | 6.0 | 4.4 | 3.5 | -22.1% |
Indonesia | 4.9 | 1.6 | 3.5 | 2.7 | -18.0% |
Others | 22.4 | 23.7 | 18.8 | 9.4 | -25.1% |
Total | 150 | 173 | 145 | 129 | -4.9% |
Top Export Markets for Cocoa Butter from Singapore in 2022:
- Australia (6.3K tons)
- Netherlands (3.6K tons)
- Israel (3.1K tons)
- China (2.9K tons)
- Japan (2.1K tons)
- Estonia (1.7K tons)
- South Africa (1.7K tons)
- Malaysia (1.7K tons)
- New Zealand (1.0K tons)
- Russia (0.9K tons)
- South Korea (0.8K tons)
- Egypt (0.7K tons)
- Indonesia (0.7K tons)
Cocoa Butter Imports in Singapore
In 2022, approx. 7.1K tons of cocoa butter were imported into Singapore; growing by 4.4% on the previous year. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 29% against the previous year. As a result, imports reached the peak of 7.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cocoa butter imports totaled $39M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 36%. As a result, imports reached the peak of $42M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Cocoa Butter in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 24.4 | 24.7 | 29.4 | 34.7 | 12.5% |
Indonesia | 4.8 | 15.9 | 6.1 | 2.7 | -17.5% |
Others | 1.5 | 1.0 | 2.2 | 1.5 | 0.0% |
Total | 30.6 | 41.7 | 37.7 | 38.9 | 8.3% |
Top Suppliers of Cocoa Butter to Singapore in 2022:
- Malaysia (6.2K tons)
- Indonesia (0.7K tons)
This report provides an in-depth analysis of the cocoa butter 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:
- FCL 664 - Cocoa Butter
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
This report provides an in-depth analysis of the cocoa butter market in Singapore.
This report provides an in-depth analysis of the global cocoa butter market.
This report provides an in-depth analysis of the cocoa butter market in Singapore.
This report provides an in-depth analysis of the global cocoa butter market.
Explore the top 10 countries leading global import markets for cocoa butter in 2023. Learn about the key players and their import values.
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
The global cocoa butter trade fluctuated mildly over the period under review. A slight drop in 2009 was followed by recovery in 2010 and another decline over 2011-2012. After increasing in 2013 and 2014, exports slightly decreased again in 2015, amount
Malaysia is one of the leaders in the global cocoa butter trade. In 2014, Malaysia exported X thousand tons of cocoa butter totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
Explore the top 10 countries leading global import markets for cocoa butter in 2023. Learn about the key players and their import values.
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
The global cocoa butter trade fluctuated mildly over the period under review. A slight drop in 2009 was followed by recovery in 2010 and another decline over 2011-2012. After increasing in 2013 and 2014, exports slightly decreased again in 2015, amount
Malaysia is one of the leaders in the global cocoa butter trade. In 2014, Malaysia exported X thousand tons of cocoa butter totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its