Singapore - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in Singapore - 2022
Contents:
- Dry Peas Price in Singapore (CIF) - 2022
- Dry Peas Price in Singapore (FOB) - 2022
- Dry Peas Imports in Singapore
- Dry Peas Exports in Singapore
Dry Peas Price in Singapore (CIF) - 2022
In 2022, the average dry peas import price amounted to $896 per ton, with a decrease of -6.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 39% against the previous year. As a result, import price attained the peak level of $1,293 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($3,774 per ton), while the price for Ukraine ($511 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Peas Price in Singapore (FOB) - 2022
In 2022, the average dry peas export price amounted to $784 per ton, which is down by -57% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23%. Over the period under review, the average export prices attained the peak figure at $2,035 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($1,888 per ton), while the average price for exports to Malaysia ($615 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 (+5.8%), while the prices for the other major destinations experienced a decline.
Dry Peas Imports in Singapore
In 2022, approx. 904 tons of peas (dry) were imported into Singapore; growing by 58% on the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dry peas imports skyrocketed to $810K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Dry Peas in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 53.5 | 70.6 | 41.6 | 200 | 55.2% |
India | 36.4 | 64.2 | 109 | 191 | 73.8% |
New Zealand | 112 | 157 | 120 | 120 | 2.3% |
Ukraine | 16.7 | 16.1 | 17.0 | 80.1 | 68.6% |
United Arab Emirates | 66.8 | 124 | 129 | 53.1 | -7.4% |
Canada | 0.4 | 32.8 | 11.4 | 28.2 | 313.1% |
Madagascar | N/A | N/A | N/A | 20.4 | 0% |
China | 31.6 | 196 | 19.7 | 17.8 | -17.4% |
Mozambique | 87.7 | N/A | N/A | N/A | 0% |
Others | 161 | 92.1 | 98.7 | 99.1 | -14.9% |
Total | 567 | 753 | 546 | 810 | 12.6% |
Top Suppliers of Dry Peas to Singapore in 2022:
- Australia (300.4 tons)
- India (170.2 tons)
- Ukraine (156.8 tons)
- New Zealand (90.5 tons)
- United Arab Emirates (86.5 tons)
- Canada (43.1 tons)
- Madagascar (24.0 tons)
- China (5.6 tons)
Dry Peas Exports in Singapore
In 2022, shipments abroad of peas (dry) was finally on the rise to reach 304 tons after two years of decline. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, dry peas exports skyrocketed to $238K in 2022. In general, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Dry Peas in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 19.4 | 0.7 | N/A | 134 | 90.4% |
Thailand | 19.1 | N/A | 0.1 | 79.6 | 60.9% |
Brunei Darussalam | 99.3 | 74.7 | 55.6 | 19.5 | -41.9% |
Hong Kong SAR | 6.0 | 0.5 | 0.3 | 2.6 | -24.3% |
Mauritius | 9.1 | 18.1 | N/A | N/A | 98.9% |
Others | 28.3 | 19.3 | 1.6 | 2.1 | -58.0% |
Total | 181 | 113 | 57.5 | 238 | 9.6% |
Top Export Markets for Dry Peas from Singapore in 2022:
- Malaysia (218.2 tons)
- Thailand (71.3 tons)
- Brunei Darussalam (10.3 tons)
- Hong Kong SAR (2.5 tons)
This report provides an in-depth analysis of the dry peas 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 187 - Peas, dry
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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Discover the top import markets for dry peas in 2023 and the countries driving the global trade of this nutritious legume.
Global dry peas consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
Global dry peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global dry peas imports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the dry peas output was Canada (X thousand tons), accounting for X% of global production.
Canada maintained control of the dry pea market. In 2014, Canada exported X thousand tons of dry peas totaling X million USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total dry pea exports
Global pigeon peas consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
In 2015, the country with the largest volume of the pigeon peas output was India (X thousand tons), accounting for X% of global production.
France was one of the leaders in the global pigeon pea trade. In 2014, France exported X thousand tons of pigeon peas totaling X thousand USD, a remarkable X% over the previous year. Its primary trading partner was the Netherlands, where it suppli
The global market for dry beans has seen significant growth over the years, with several countries emerging as key importers. In this article, we will explore the top five import markets for dry beans, providing key statistics and insights into their import values. The data used in this article is sourced from the IndexBox market intelligence platform. India tops the list of the world's best import markets for dry beans. China comes in a close second. The United States holds the third position. Pakistan ranks fourth. Japan is another important importer. These countries rely on imports to meet their domestic demand for dry beans, driven by factors such as population growth, changing dietary preferences, and limited domestic production. The data used in this article was sourced from the IndexBox market intelligence platform, a reliable source for market statistics and insights.